7 Critical Steps of the Buying Process

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There are 7 steps that your customer goes through in the buying process. Sometimes, the process is impulse and the sale is quick…othertimes it seems to drag on forevvverrrr

You need to remember that you are NOT in control in this situation, sad but true. Whoever your prospects and customers are, that’s where the control is.  Guess what these guys care about? Yep, all about themselves and their needs! It sucks for you and me, but think about it… you and I do the same thing when we buy stuff, we look around and buy what we consider the best.

This “process” begins at the point in which a prospect becomes aware of something that they “need” in their life.

1) Recognition

When your prospect doesn’t quite grasp all the issues surrounding this need, your ability to influence him or her is at its peak. Now is your chance to frame the issue in a way that projects your strengths and minimizes your weaknesses! Cool thing about this is that by helping them frame their needs/problems, it allows you to have more influence than normal AND this lays a great foundation for you in your future long-term relationship with this customer.

Once you reach this, your customer could care less about the price or the pitch. They just want to know HOW this will meet their needs that were identified.

2) Researching

Your prospect starts to see what else is available and who else is offering it. This is when your prospect wants to learn about product features, options available, price range and everything else you can imagine.

The thing you need to focus on is the BENEFITS that your solution provides.

3) Refine and Reflect

Your prospect begins to get rid of those products aren’t in the top. Also they look to see who’s got the ideal product for the prospect… is it you?

This is the point that you start to lay on the premiums! Your guarantee, your customer service, incentives for making the purchase right now…this is the time to move your prospect towards the purchase.

4) Reach Out

This is when your prospect looks for other buyer’s opinions and reviews of the product to see how it’s helping others. Prospects will check you out in online forums, asking friends, and looking for other peoples input on whether or not THEY should make the purchase. This is where your Social Proof and your reputation come into play.

5) Resolution

This is the point where the purchase decision has been made!!! Woohoooo! The prospect has finally made their decision. Guess what, deciding to buy is different from actually buying… :(

Many times people abandon the purchase in the shopping cart. This sucks but you can prevent it.

6) Purchase- “now I own it”

You need to have a strong Thank You page or process for your customers to go to after making a purchase. You want to congratulate them, remind them of the benefits that they are getting and show to them your commitment to making their purchase one of their bests. Answer common questions that people ask BEFORE they can even ask them! It’s a great time to show your trustworthiness and willingness to help!

7) Reconsideration of purchase

“Did I make the right choice?” is often a question that people ask after making a purchase.

You need a MONEY BACK GUARANTEE and a strong stick-strategy.  The only thing that most buyers want is to know that they *can* get their money back if they absolutely need to. Also, your just reselling the buyer on the benefits that they are getting.  This also reinforces the buyer that they CAN contact the seller and that the seller is willing to help if any questions arise.

About Chris Hughes Chris loves learning, going on adventures, surfing and having fun. Chris on Google+

  • Kevin September 24, 2009, 10:34 am

    Chris, this is “Great” insight and information we all need to know if we don’t. If we would apply the same principles in our business that we expect from other merchants when we are customers we would have an ethical and solid business. Although network and affiliate marketing are two different marketing approaches, they both are MLM and the principle still apply. In other words, when we are prospecting, we need to keep in mind the thinking process of a consumer and their expectations because we too are consumers of our own personal needs. GREAT Job man!

  • PDUB January 30, 2014, 8:10 pm

    Chris,

    This article has inspired me to take the time to recognize what stage my clients that I am working with and will be working with are in.

    Thank you

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