What assumptions are you making about your potential customers? How sure are you that those assumptions are correct?
The success of your business lies in knowing your customer very well. You must know and understand his motivations, as well as the context in which he makes ‘relevant decisions’.
‘Relevant decisions’ include the following:
- His decision whether or not to act on a perceived need for the type of product or service you supply;
- His decision whether or not to buy that product or service;
- His decision from whom to buy that product or service (i.e. whether to buy from you or from your competition); and
- His decision to continue buying that product or service (whether from you or from your competition).
Do you know what assumptions lie behind all of these (and other) relevant decisions? If not, you should.
So how do you get to discover these assumptions?
The ready answer might appear to be: ‘customer research’.
Up to a point, yes. But customer research depends on your customer giving accurate responses to the questions you ask. This shouldn’t be a problem if your customer knows why he makes those buying decisions.
But what about those decisions that your customer makes unconsciously?
He will not be able to give you accurate answers for those.
And this is important. Because, as human beings, a lot of the decisions we make are, in fact, made unconsciously.
Studies have shown that we often make decisions at an unconscious, deeper, level, and then subsequently rationalize those decisions through our conscious process. Thing is, in such a situation, we are not able to access the unconscious process through which we made the decision.
We cannot access it because we are not even aware that it’s happening. And if we are not aware of it, we cannot report it, for example, if asked in a customer survey.
Which leads us to this key question:
If we (as customers) make buying decisions and we don’t even know how we made them, how much reliance should be placed on a customer survey that asks us about our buying decisions?
That’s the quandary most marketers face.
This is not to say that customer research isn’t important. It is, but it’s only one part of the story. A good marketer must be able to access the unconscious biases that customers hold; those hidden motivations, fears, desires. Without these insights, the marketing campaign will fail.
So how effective is your marketing campaign?
What assumptions are you making about your customers?
How confident are you that these are the right assumptions?
And your customers’ unconscious biases and motivations – how well do you know them? Have you put them successfully to work in your marketing campaigns?
Knowing your customer is a difficult business. You have to listen to him, not only to what he says, but, perhaps, more important, to what he might not actually say.