Back
to ReachWomen Archives
How
Women Buy
by
Andrea Learned and Lisa Johnson
What
women want is the eternal mystery, and we can’t all tweak our
product lines to fit a woman’s top ten desires (true love, regular
pedicures and sculpted upper arms, among others). So, if you want to
reach women with your wonderful widget, and they don’t yet realize
that they need your widget at all, what do you do?
Savvy
Buying Minds
If
sculpted upper arms came in a can, but none of a woman's friends had
heard of it or used it, and there wasn’t well-placed information
on the Web, she likely wouldn’t trust it. Women engage in an
involved decision-making process that goes beyond seeing a lawnmower
once in a newspaper ad or passing a cute red dress in a store
window, in most cases.
The
buying mind of a woman is a sophisticated and powerful tool.
Marketers should try to tap into the characteristics of her buying
mind that will guide her to thinking that what your company provides
is, indeed, what she wants. Those characteristics are:
1.
Women Develop and Use Smart Shopping Skills.
First
of all, it is old-fashioned hands-on experience that teaches women
to be smart shoppers right from the start. They grew up watching
their mothers manage households and now it is second-nature for most
women to shop wisely. Whether selecting a stock or finding a doctor
for their child, the majority of women go through a typical buying
process that involves comparison shopping, consulting several
sources, and getting validation from trusted experts or
word-of-mouth sources (including their family). A woman’s
pre-purchase mulling-over process, particularly for big ticket items
or emotionally significant or first time purchases, can seem overly
thorough (and feel like it takes forever to salespeople or family
members), but once she does choose a product or brand, she often
stays loyal longer.
Tap
into this smart shopping mindset by:
•
Helping women determine their best choice, as opposed to focusing on
the quickest sale
•
Equipping, encouraging and empowering the sales and customer service
staff to go the extra mile for customers and prospects.
2.
Women Are “Constituent-Driven.”
It is
no surprise that women set their priorities according to the needs
of the people most dear to them. No matter the topic, a woman’s
field of concern leads her to focus on her spouse, significant
other, children, grandchildren, aging parents, employees, friends,
and yes, even her pets. So, rather than being “all about me,”
the purchases a female consumer makes (or directly influences) are
more often for or about their loved ones.
Tap
into this constituent-driven mindset by:
•
Providing solutions that meet the needs of the people for whom women
assume responsibility as well as their own.
•
Recognizing women’s values and how they affect their buying,
giving, investigating and investing.
3.
Women Seek “Insider” Information and Validation.
When
a woman is ready to make a new type of purchase, she believes
she’ll learn the most from someone who already owns the product.
Women want to hear it from the “insider” -- a person who
provides credible, hard-to-find information that they consider
unbiased and trustworthy. In most cases, the insider is a fellow
customer, although some exceptional sales people and specific
personalities (like Oprah Winfrey and her book recommendations) may
earn this coveted role.
Tap
into this insider-seeking mindset by:
•
Maintaining some level of human interaction (“live” or via
email) with women through all phases of the marketing, sales and
customer service cycle, giving them a sense of access to inside
information and validation.
•
Recognizing, respecting and utilizing the power of a woman’s
personal network by using pass-along devices (online and print), and
by encouraging referrals. Today’s customer may be tomorrow’s
“insider” for another.
4.
Women Comparison Shop Through Reading and Research.
Just
as women put feelers out via their networks, they also gather data
through reading and research. Especially around major purchases,
women educate themselves on the features, benefits, price range, and
reliability of the brands available. In addition to traditional
information resources like magazine articles, television programs,
and buying guides, a large number of women now look to the Internet
for additional help, including the peer and expert recommendations
available on sites like Epinions.com.
Their goal is to find sources that provide that “insider” type
information. Women are looking for trustworthy information sources
that not only make purchase suggestions, but also warn of products
to avoid.
Tap
into their comparison shopping mindset by:
•
Providing specific educational materials and programs that will give
women greater confidence in their decision-making.
•
Offering a comparison matrix of your product’s features against
those of its competitors.
•
Including testimonials, expert reviews, awards and seals of approval
in your company materials.
•
Providing links to helpful Web sites and relevant printed or online
content.
Whether
you market a multi-million dollar brand or have started a small
business, if you give the above some consideration it should guide
your strategy beyond the “what.”
So,
if "how women buy" is savvy--not simple--should we be
scared? No. This article should serve only as a reminder that
reaching women is often more about tapping into their
decision-making process than it is about the product itself.
©
2002, ReachWomen LLC, all rights reserved. Posted on
MarketingProfs.com, July 23, 2002.
|