Posted by IN Acquisition, CRO, Digital Marketing, Optimisation

Helping Customers Understand Your Products or Services

1 October 2020
Buyers need to understand the value of what they are purchasing

Conversion is one of the greatest challenges most businesses face when selling, whether that’s in person, over the phone or online (virtually).

That flickering moment of indecision before clicking the buy button is the difference between proceeding through the checkout and abandoning the cart. A frustrating moment for many on both sides of the sale.

Understanding the Value of Your Products or Services

To be successful in online selling you must address every aspect of your product or service, so that doubt or indecision is completely avoided.

ecommerce buyers need a better understanding of value when they can feel the product

Let’s start with an easy question… what do your customers value?

For anyone who immediately thinks “low prices”; you may be underestimating what it is your customers “truly desire” and value.

The rise of “shoppertainment” and “influencers” is proof that people want and need a lot more information and emotional persuasion from products and services today for them to buy.

What people value about your products or services will likely differ from person to person. You may not even know what many of them value beyond the usual suspects –

  • Price
  • Quality
  • Brand
  • Image
  • Access
  • Convenience
  • Ease

Communicating The Value of Your Products or Services

Today’s buying decision-makers spend a lot more than their cash when investing in products or services. It’s why they take so long to decide and can be easily dissuaded from the purchase.

Product or service value is different for different people

There are considerations such as -

  • social cost;
  • environmental impact;
  • compatibility (accessories and expansion);
  • credibility of recommendations;
  • acquisition experience;
  • end-of-life transitions;
  • support responsiveness; as well as
  • professionalism and
  • customization

So if you’re having challenges with people abandoning your shopping cart to explore other possible alternatives, ask yourself “have I really helped customers to understand our product? What more could I be telling, showing or doing to increase their understanding of its value?”.

And for service providers, if you are giving away a lot of intellectual property with free whitepapers, ebooks and blogs. Ask yourself “have I given people a way to do what I do, or am I inspiring them with new ideas that build on what I do? How does what we do create value for them they haven’t even thought of yet?”.

Explain the value of your service to convert your clients

Too often people think that selling needs to use some clever “mind trick” or “sneaky technique”. In reality it’s actually very simple – by communicating in a way that helps others recognize value (that is meaningful for them) you can help them make a firm buying decision. One without doubt or hesitation.