Hiển thị các bài đăng có nhãn Sales. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn Sales. Hiển thị tất cả bài đăng

Thứ Ba, 16 tháng 11, 2010

Sales Tip, Make them think it was their idea or decision?

Consumers value goals they've chosen on their own more than those that are imposed on them, according to a new study in theJournal of Consumer Research.


"When people believe they have autonomously chosen to pursue a goal themselves, they feel the goal is increasingly valuable as they put in more effort, because they experience their own effort as signaling how much they care about it," write authors Ying Zhang (University of Texas at Austin), Jing Xu, Zixi Jiang (both Peking University), and Szu-chi Huang (University of Texas at Austin).


It seems that when people believe a goal they are pursuing is imposed on them, they experience their efforts as a loss of autonomy. In other words, they value the goal less as they put in more effort.


The authors tested participants in four experiments. In the first study, they found that participants who made a free choice on the topic of an essay increased their efforts as they moved further into the task, whereas people who were assigned topics withdrew their efforts as they advanced in the task.


Next, the authors organized campaigns for two environmental issues, forest conservation and saving energy. They allowed half the participants to choose the campaign they would like to support, but randomly assigned a campaign to the remaining people. They then varied the amount of effort participants needed to provide to support their campaigns. People who were given a choice of which campaign to support reported that they cared more about the issue after putting in more effort. The people who were assigned a cause cared less about the issue after investing more effort.


"Our findings have important implications for understanding consumer behaviors," the authors write. "For example if a person chooses to stay in a certain hotel, he or she is likely to experience the choice as reflecting how much he or she likes this place, which should in turn increase the likelihood that this person will stay in the same hotel again."


Finally, the authors suggest that marketers can capitalize on consumer desire for autonomous choice. They suggest that someone might switch brand loyalty if confronted with the statement: "Your parents thought that would be a good car for you…do you?"

Thứ Tư, 25 tháng 11, 2009

Create A Better Bundle to make your customers coming back.


Bundling Strategy



Create A Better Bundle to make your customers coming back.


Bundling is to combined your products and service into a total package. By bundling you give added value to your customers and they will coming back to you.

The best example of bundling products is done by Microsoft which sells different applications in a bundle. You can buy home office suite that includes word processing, spreadsheet and presentation software or for more advance application, you could go for Microsoft Office Profesional. They have bundle their Internet Explorer & Windows operating system to have better advantage against their competitor and this got them in trouble with the regulators.

So, Bundle carefully .




If you have credit card service, hotels and an airline, then you could sell your products and services as a bundle. This has been done by AirAsia and it's subsidiaries.

Online giant Amazon.com started with selling books, then music store, followed with video store and now they have varied type products at Amazon.com and their sisters sites.

In telecommunication business, most of the companies bundle their product into different type of packages. You can buy different type of packages for your home or business needs. In Malaysia, you could have telephone service and Internet service from the same supplier.

For tour operators, they bundle their products and services into one nice package for their valued customers . They will charge you for your accommodation, transportation, food and additional charges into one complete package.

The act of bundling is not limited to the same category of products, if you are creative enough you could have endless possibility of bundling your products and services.

Start Bundling To Grow Your Business !