Why we buy - PowerPoint Presentation

Why we buy
Why we buy

Why we buy - Description


The psychology of shopping Paco Underhill has been called the Sherlock Holmes of shopping In this book he takes data gleaned from thousands of hours of field research in shopping malls department stores and supermarkets across America ID: 512786 Download Presentation

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Slide1

Why we buy

The psychology of shoppingSlide2

Paco

Underhill has been called the Sherlock Holmes of shopping.

In this book, he takes data gleaned from thousands of hours of field research -- in shopping malls, department stores, and supermarkets across America.

Paco

and his team watched customers every move…from sweater displays at the mall to the beverage cooler at the drugstore.

In the book, he  explains the shopping phenomena that often go unnoticed by retailers and shoppers.

The next few slides are his biggest tips….Slide3

1. Spend less time in stores

Underhill writes, “The amount of time a shopper spends in a store (assuming he or she is shopping, not waiting in line) is perhaps the single most important factor in determining how much he or she will buy.” Do not browse. Shop with a

purpose.Slide4

2. Don’t use a basket

Only use a basket (or shopping cart) if it’s absolutely necessary. If you’re dashing into the supermarket to pick up milk and bread, don’t use a basket. Baskets induce people to buy more.Slide5

3. Only seek employee contact if you need help

Employee interaction also induces people to buy more. Underhill notes that “the more shopper-employee contacts that take place, the greater the average sale.”Slide6

4. don’t try samples

 

Research indicates that people are more likely to buy something if they can sample it first. Don’t try the samples as you wheel around the giant warehouse store — they’re likely to make you want the product.Slide7

5. don’t examine or handle things you don’t need

The more you interact with something, the more likely you are to buy it. “Virtually all unplanned purchases — and many planned ones, too — come as a result of the shopper seeing, touching, smelling, or tasting something that promises pleasure, if not total fulfillment.”Slide8

6. Don’t try on clothes you don’t need

 “Shopper conversion rates increase by half when there is a staff-initiated contact, and it jumps to 100 percent when there is staff-initiated contact 

and

 use of the dressing room. In other words, a shopper who talks to a salesperson and tries something on is twice as likely to buy as a shopper who does neither.”Slide9

7. Avoid advertising

Advertising exists for one purpose: to get you to buy things. If you don’t want a closet full of 

Zizzer-Zoof

Seeds

 and 

Thneeds

, reduce your exposure to advertising.Slide10

8. Make a list and stick to it

The majority of supermarket purchases are unplanned.

From

Why

We Buy

: “In one supermarket study, we counted how many shoppers came armed with lists. Almost all of the women had them. Less than a quarter of the men did. Any wife who’s watching the family budget knows better than to send her to the supermarket unchaperoned.” Slide11

9. Ignore the racks of impulse items

 These are high-margin products designed to make the retailer profit while parting you from your money. These are not things that you need.Slide12

10. don’t go shopping

 The number one way not to buy anything is not to go shopping. It’s obvious, but true.

Shom More....
By: natalia-silvester
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