{"id":10712,"date":"2019-08-29T23:49:53","date_gmt":"2019-08-29T20:49:53","guid":{"rendered":"https:\/\/www.golaserengraving.com\/blog\/?p=10712"},"modified":"2022-02-21T18:12:51","modified_gmt":"2022-02-21T15:12:51","slug":"understand-what-people-buy-succeed-business","status":"publish","type":"post","link":"https:\/\/www.golaserengraving.com\/blog\/understand-what-people-buy-succeed-business\/","title":{"rendered":"Understand What People Buy to Succeed in your Business"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;]<div id=\"attachment_10750\" style=\"width: 310px\" class=\"wp-caption alignright\"><img decoding=\"async\" aria-describedby=\"caption-attachment-10750\" class=\"wp-image-10750 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/understand-what-people-buy.jpg\" alt=\"Understand What People Buy\" width=\"300\" height=\"200\" \/><p id=\"caption-attachment-10750\" class=\"wp-caption-text\">Understand What People Buy<\/p><\/div><\/p>\n<p>You wake up every day to go to your business. When you sit in your store and receive or don\u2019t get any clients, do you ask yourself why it\u2019s like that? Do you try to <strong>understand what people buy<\/strong>? Have you ever endeavoured to know the psychology of your buyers? Are you aware of the factors that affect <strong>consumer buying behaviour<\/strong>? In brief, why do you<span style=\"font-size: 16px;\">\u00a0think you buy goods and services?<\/span><\/p>\n<p>Well, as you reflect on the above points, let me reveal to you that people don\u2019t buy from you to give you money. They don\u2019t come to your business to satisfy your financial needs. They instead want to fulfil theirs.<\/p>\n<p>For instance, when someone buys a beer from a bar, it\u2019s not just alcohol that they want to consume, but to enjoy the fun or social interactions with friends or family members perhaps. Likewise, when you go to a salon for a haircut, maybe it\u2019s not short hair that you like, but the outcome of looking good.<\/p>\n<p>So when you are in business, it\u2019s <strong>essential to understand what people buy<\/strong>. They either want to satisfy a positive or avoid a negative outcome. The two situations I have mentioned in the preceding paragraph are clear examples of positive results. On the other hand, when you purchase a tracking device to install in your Smart TV, it\u2019s not the tracking gadget per se that you need. What you want is to recover your television if, by bad luck, it gets stolen by thieves. You are trying to stop the negative occurrence of losing your valuable asset.<\/p>\n<h2>Do You Now Understand What People Buy?<\/h2>\n<div id=\"attachment_10751\" style=\"width: 310px\" class=\"wp-caption alignleft\"><img decoding=\"async\" aria-describedby=\"caption-attachment-10751\" class=\"wp-image-10751 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/why-people-buy-goods.jpg\" alt=\"Why People Buy Goods\" width=\"300\" height=\"200\" \/><p id=\"caption-attachment-10751\" class=\"wp-caption-text\">Why People Buy Goods<\/p><\/div>\n<p>By now, I believe you have some idea of why people buy goods and services. You have known that your customers spend money buying what you offer to either move towards pleasure or away from pain. Fear to lose can be as significant a driving force as pleasure in gain.<\/p>\n<p>Let\u2019s further look at some of the examples of the outcomes that people buy in various purchasing contexts.<\/p>\n<ul>\n<li><strong>Benefits<\/strong> \u2013 For instance, people don\u2019t buy a car for the sake of owning it. They instead want to fulfil the advantage of travelling in comfort, getting to their workplaces safely or even impressing the world.<\/li>\n<li><strong>Protection<\/strong> \u2013 People buy guns to protect themselves against criminals.<\/li>\n<li><strong>Move away from pain<\/strong> \u2013 The pain of losing a car to robbery drives people to install tracking hardware or alarm systems in them.<\/li>\n<li><strong>Happiness<\/strong> &#8211; People spend money on someone they care about because they feel happier with them.<\/li>\n<li><strong>Avoiding losing money<\/strong> \u2013 People purchase insurance covers to guard themselves against losses.<\/li>\n<li><strong>Solutions<\/strong> \u2013 People go to dentists to stop toothache either by removing the teeth or sealing them.<\/li>\n<\/ul>\n<p>What I have mentioned above are just a few examples of the outcomes people buy. \u00a0But there are others like value, freedom, advantages, results, avoidance of worry, prestige, reward, pleasure, improvements and much more.<\/p>\n<h3>How Is Understanding What People Buy Helpful?<\/h3>\n<div id=\"attachment_10752\" style=\"width: 310px\" class=\"wp-caption alignright\"><img decoding=\"async\" aria-describedby=\"caption-attachment-10752\" class=\"wp-image-10752 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/sell-products-services.jpg\" alt=\"Sell Products Services\" width=\"300\" height=\"200\" \/><p id=\"caption-attachment-10752\" class=\"wp-caption-text\">Sell Products &amp; Services<\/p><\/div>\n<p>When you are aware of what your customers look for when they search out your products or services, it helps you to market your business effectively. Why? It&#8217;s because you create <a title=\"Marketing Messages\" href=\"https:\/\/simplicable.com\/new\/marketing-messages\" target=\"_blank\" rel=\"noopener noreferrer\">marketing messages<\/a> that have a much greater impact or influence.<\/p>\n<p>For instance, instead of telling your prospective clients to come and engrave their laptops, you tell them to prevent their laptop computers from being stolen by giving them a custom touch. The latter suggests an essential value or outcome that you, as the service provider, intend to satisfy. It&#8217;s more motivational and appealing than the former which just presents the <a title=\"Laptop Engraving Service\" href=\"https:\/\/www.golaserengraving.com\/blog\/laptop-engraving-theft-deterrent\/\" target=\"_blank\" rel=\"noopener noreferrer\">laptop engraving service<\/a>.<\/p>\n<p>In another example, a bank that tells its customers to plan a secure future has a better marketing message than the one which merely asks them to open a savings account.<\/p>\n<p>As a success-oriented businessperson, you have to understand first the most significant outcomes people want when they buy your products. Ask yourself the results they get satisfied when they buy your goods and services. It&#8217;s a vital aspect because it helps you not to promote your business blindly. It&#8217;s, therefore, vital to spend time researching the value your prospective customers get from what you offer.<\/p>\n<p>Secondly, you have to think about how to create marketing messages that will have a bigger impact. It&#8217;s these messages that will motivate your clients to buy from you.<\/p>\n<h4>Final Thought<\/h4>\n<p><a title=\"Business Success\" href=\"https:\/\/www.golaserengraving.com\/blog\/business-success-3-key-obstacles-avoid\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business success<\/a> depends on many factors. One of them is understanding what people buy. If you blindly promote your products without targeting the outcomes they look for when they buy your goods, you don&#8217;t motivate them to purchase from you. As you operate your business, do your research thoroughly on what appeals to people. That&#8217;s when you will win.<br \/>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>You wake up every day to go to your business. When you sit in your store and receive or don\u2019t get any clients, do you ask yourself why it\u2019s like that? Do you try to understand what people buy? Have you ever endeavoured to know the psychology of your buyers? Are you aware of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[caption id=\"attachment_10750\" align=\"alignright\" width=\"300\"]<img class=\"wp-image-10750 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/understand-what-people-buy.jpg\" alt=\"Understand What People Buy\" width=\"300\" height=\"200\" \/> Understand What People Buy[\/caption]<p>You wake up every day to go to your business. When you sit in your store and receive or don\u2019t get any clients, do you ask yourself why it\u2019s like that? Do you try to <strong>understand what people buy<\/strong>? Have you ever endeavoured to know the psychology of your buyers? Are you aware of the factors that affect <strong>consumer buying behaviour<\/strong>? In brief, why do you<span style=\"font-size: 16px;\">\u00a0think you buy goods and services?<\/span><\/p><p>Well, as you reflect on the above points, let me reveal to you that people don\u2019t buy from you to give you money. They don\u2019t come to your business to satisfy your financial needs. They instead want to fulfil theirs.<\/p><p>For instance, when someone buys a beer from a bar, it\u2019s not just alcohol that they want to consume, but to enjoy the fun or social interactions with friends or family members perhaps. Likewise, when you go to a salon for a haircut, maybe it\u2019s not short hair that you like, but the outcome of looking good.<\/p><p>So when you are in business, it\u2019s <strong>essential to understand what people buy<\/strong>. They either want to satisfy a positive or avoid a negative outcome. The two situations I have mentioned in the preceding paragraph are clear examples of positive results. On the other hand, when you purchase a tracking device to install in your Smart TV, it\u2019s not the tracking gadget per se that you need. What you want is to recover your television if, by bad luck, it gets stolen by thieves. You are trying to stop the negative occurrence of losing your valuable asset.<\/p><h2>Do You Now Understand What People Buy?<\/h2>[caption id=\"attachment_10751\" align=\"alignleft\" width=\"300\"]<img class=\"wp-image-10751 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/why-people-buy-goods.jpg\" alt=\"Why People Buy Goods\" width=\"300\" height=\"200\" \/> Why People Buy Goods[\/caption]<p>By now, I believe you have some idea of why people buy goods and services. You have known that your customers spend money buying what you offer to either move towards pleasure or away from pain. Fear to lose can be as significant a driving force as pleasure in gain.<\/p><p>Let\u2019s further look at some of the examples of the outcomes that people buy in various purchasing contexts.<\/p><ul><li><strong>Benefits<\/strong> \u2013 For instance, people don\u2019t buy a car for the sake of owning it. They instead want to fulfil the advantage of travelling in comfort, getting to their workplaces safely or even impressing the world.<\/li><li><strong>Protection<\/strong> \u2013 People buy guns to protect themselves against criminals.<\/li><li><strong>Move away from pain<\/strong> \u2013 The pain of losing a car to robbery drives people to install tracking hardware or alarm systems in them.<\/li><li><strong>Happiness<\/strong> - People spend money on someone they care about because they feel happier with them.<\/li><li><strong>Avoiding losing money<\/strong> \u2013 People purchase insurance covers to guard themselves against losses.<\/li><li><strong>Solutions<\/strong> \u2013 People go to dentists to stop toothache either by removing the teeth or sealing them.<\/li><\/ul><p>What I have mentioned above are just a few examples of the outcomes people buy. \u00a0But there are others like value, freedom, advantages, results, avoidance of worry, prestige, reward, pleasure, improvements and much more.<\/p><h3>How Is Understanding What People Buy Helpful?<\/h3>[caption id=\"attachment_10752\" align=\"alignright\" width=\"300\"]<img class=\"wp-image-10752 size-full\" src=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/sell-products-services.jpg\" alt=\"Sell Products Services\" width=\"300\" height=\"200\" \/> Sell Products & Services[\/caption]<p>When you are aware of what your customers look for when they search out your products or services, it helps you to market your business effectively. Why? It's because you create <a title=\"Marketing Messages\" href=\"https:\/\/simplicable.com\/new\/marketing-messages\" target=\"_blank\" rel=\"noopener noreferrer\">marketing messages<\/a> that have a much greater impact or influence.<\/p><p>For instance, instead of telling your prospective clients to come and engrave their laptops, you tell them to prevent their laptop computers from being stolen by giving them a custom touch. The latter suggests an essential value or outcome that you, as the service provider, intend to satisfy. It's more motivational and appealing than the former which just presents the <a title=\"Laptop Engraving Service\" href=\"https:\/\/www.golaserengraving.com\/blog\/laptop-engraving-theft-deterrent\/\" target=\"_blank\" rel=\"noopener noreferrer\">laptop engraving service<\/a>.<\/p><p>In another example, a bank that tells its customers to plan a secure future has a better marketing message than the one which merely asks them to open a savings account.<\/p><p>As a success-oriented businessperson, you have to understand first the most significant outcomes people want when they buy your products. Ask yourself the results they get satisfied when they buy your goods and services. It's a vital aspect because it helps you not to promote your business blindly. It's, therefore, vital to spend time researching the value your prospective customers get from what you offer.<\/p><p>Secondly, you have to think about how to create marketing messages that will have a bigger impact. It's these messages that will motivate your clients to buy from you.<\/p><h4>Final Thought<\/h4><p><a title=\"Business Success\" href=\"https:\/\/www.golaserengraving.com\/blog\/business-success-3-key-obstacles-avoid\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business success<\/a> depends on many factors. One of them is understanding what people buy. If you blindly promote your products without targeting the outcomes they look for when they buy your goods, you don't motivate them to purchase from you. As you operate your business, do your research thoroughly on what appeals to people. That's when you will win.<\/p>","_et_gb_content_width":"","footnotes":""},"categories":[7],"tags":[47],"class_list":["post-10712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-marketing","tag-offline-marketing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Understand What People Buy to Succeed in your Business<\/title>\n<meta name=\"description\" content=\"To succeed in business, it&#039;s essential to understand what people buy. Discover why this aspect is so vital to your business success.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.golaserengraving.com\/blog\/understand-what-people-buy-succeed-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understand What People Buy to Succeed in your Business\" \/>\n<meta property=\"og:description\" content=\"To succeed in business, it&#039;s essential to understand what people buy. Discover why this aspect is so vital to your business success.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.golaserengraving.com\/blog\/understand-what-people-buy-succeed-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Goleza Designers Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T20:49:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-21T15:12:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.golaserengraving.com\/blog\/wp-content\/uploads\/2019\/08\/understand-what-people-buy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Charles Kiyimba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Kiyimba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/\"},\"author\":{\"name\":\"Charles Kiyimba\",\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/#\\\/schema\\\/person\\\/c9d584b598f8a50aeff64dcc4fb3c8e1\"},\"headline\":\"Understand What People Buy to Succeed in your Business\",\"datePublished\":\"2019-08-29T20:49:53+00:00\",\"dateModified\":\"2022-02-21T15:12:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/\"},\"wordCount\":914,\"commentCount\":3,\"image\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/understand-what-people-buy.jpg\",\"keywords\":[\"Offline Marketing\"],\"articleSection\":[\"Business Marketing\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/\",\"url\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/\",\"name\":\"Understand What People Buy to Succeed in your Business\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/understand-what-people-buy-succeed-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/understand-what-people-buy.jpg\",\"datePublished\":\"2019-08-29T20:49:53+00:00\",\"dateModified\":\"2022-02-21T15:12:51+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.golaserengraving.com\\\/blog\\\/#\\\/schema\\\/person\\\/c9d584b598f8a50aeff64dcc4fb3c8e1\"},\"description\":\"To succeed in business, it's essential to understand what people buy. 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