{"id":6529,"date":"2022-10-26T09:00:00","date_gmt":"2022-10-26T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=6529"},"modified":"2022-12-15T16:24:44","modified_gmt":"2022-12-15T08:24:44","slug":"psychological-marketing-tactics","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/psychological-marketing-tactics\/","title":{"rendered":"5 Psychological Marketing Tactics that Increase Sales"},"content":{"rendered":"\n<p>Your marketing strategies are crucial to increasing your sales.&nbsp;<\/p>\n\n\n\n<p>As an SME who also plans your marketing activities, you must understand how your customers think and behave. Meaning you have to use a psychological approach to know the characteristics of your target market and what attracts them when buying a product.<\/p>\n\n\n\n<p>According to a study, just changing&nbsp;<a href=\"https:\/\/datafloq.com\/read\/consumer-behavior-big-data-psychology-evolving\/5511\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener nofollow\" class=\"ek-link\">the color of buttons<\/a>&nbsp;on a website can increase conversion by&nbsp;<strong>14.5%<\/strong>.&nbsp;This is an interesting finding, and now you&#8217;re probably even more curious about what other psychological approach you can use to increase your sales.<\/p>\n\n\n\n<p>Online sellers usually use the two most common selling techniques: BONUS and DISCOUNTS.&nbsp;This time, we want to share some psychological tactics in marketing that are also very powerful in increasing your sales.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Powerful psychological strategies in marketing<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-munculkan-sisi-emosional-konsumen\">1. Embrace the emotional side of customers<\/h3>\n\n\n\n<p>Neuroscience confirms that <a href=\"https:\/\/customerthink.com\/neuroscience-confirms-we-buy-on-emotion-justify-with-logic-yet-we-sell-to-mr-rational-ignore-mr-intuitive\/\" rel=\"nofollow\" class=\"ek-link\">people buy based on emotions<\/a>&nbsp;over logic. Emotion, therefore, is an important factor that influences a person&#8217;s decision, including buying a product or item.<\/p>\n\n\n\n<p>If all this time you have only been explaining the advantages of your product, start turning those advantages into a story that will appeal to the emotional side of customers.&nbsp;Create <strong>relatable&nbsp;or situational content<\/strong> that contains elements of happiness, disappointment, curiosity or even laughter (humorous approach).<\/p>\n\n\n\n<p>This approach is also called <em><strong>emotional marketing<\/strong><\/em>. Here in the Philippines, <em><a href=\"https:\/\/pahayagangthecatalyst.wordpress.com\/2021\/05\/25\/culture-sadvertising-why-filipinos-love-emotional-advertisements\/\" rel=\"nofollow\" class=\"ek-link\">SADvertising<\/a> <\/em>works very well with audiences. These are stories that tug our heartstrings; they usually start sad but give us happy endings. That&#8217;s why we get a lot of heartwarming ads from big brands, like the <em><a href=\"https:\/\/www.youtube.com\/playlist?list=PLLJfPsD7JozutKZEjFFmK1_vBHvW3bRsL\" rel=\"nofollow\" class=\"ek-link\">Kwentong Jollibee<\/a><\/em> series. <\/p>\n\n\n\n<p>Ninja Van&#8217;s <strong>HUSTLE <\/strong>story film, for example, earned many positive <em>feels <\/em>from online sellers, particularly single parents who could relate to the story.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"HUSTLE | Ninja Van Philippines\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/-LJ1xb3LAUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Of course, the content you create can be in the form of videos, images or carousels and tailored to the characters of your customers and relevant stories.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Give back to customers <\/h3>\n\n\n\n<p>When someone gives us something, consciously or unconsciously we feel compelled to give something back.\u00a0This is where\u00a0<em><strong>psychological reciprocity<\/strong><\/em>\u00a0plays a role in marketing.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/media.giphy.com\/media\/7tGYaCzFtxgT6\/giphy.gif\" alt=\"\" width=\"489\" height=\"309\" \/><figcaption><em>Giving back to your customers will make them feel valued.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>To make your customers feel they have a special relationship with your brand, give something back that feels exclusive and unique.&nbsp;This can be in the form of a custom giveaway or freebie for loyal customers. Or send them a birthday coupon so they can avail of a special discount from your shop.<\/p>\n\n\n\n<p>It can also be a free service, like a free consultation if your product requires special applications, such as skincare and health products. Or even a grand event that would make customers excited. <\/p>\n\n\n\n<p>These kinds of efforts build <a href=\"https:\/\/blog.ninjavan.co\/en-ph\/customer-retention-strategies\/\" class=\"ek-link\">customer retention<\/a> and help increase your sales.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-tampilkan-bukti-sosial-atau-social-proof\">3. Show social proof<\/h3>\n\n\n\n<p>You have to remember that customers buy your product because they believe in it. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/media.giphy.com\/media\/xT8qBsx2g4m06JU4HS\/giphy.gif\" alt=\"\" width=\"514\" height=\"289\" \/><figcaption><em>Ask happy customers to share their positive experiences to entice <br>others to try your business, too.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>So<em>,<\/em>&nbsp;the next marketing psychology trick is to <em><strong>show evidence<\/strong><\/em> that your product or brand is trusted by many who have used or using it. Show new customers they have nothing to worry about as they can also trust you.<\/p>\n\n\n\n<p>You can start by sharing reviews or recommendations from happy customers, displaying product certifications or good ratings and&nbsp;a <em>Trusted Seller<\/em>&nbsp;badge if you sell in marketplaces. Then share these proofs on your social media accounts for everyone to see.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-decoy-effect\">4. Use the decoy effect<\/h3>\n\n\n\n<p>Think about the times you&#8217;re given choices when ordering food, they offer sizes from&nbsp;small, medium&nbsp;and&nbsp;large.&nbsp;But the price difference between medium and large was so small you were easily convinced to get the pricier size. &nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/09\/the-decoy-effect.jpg\" alt=\"The Decoy Effect\" class=\"wp-image-6577\" width=\"539\" height=\"369\" \/><figcaption><em>Customers tend to choose the more expensive variety if the price difference <\/em><br><em>isn&#8217;t that big.<\/em> <em>Because they get more for less.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>This strategy is called the&nbsp;<strong><em>decoy effect<\/em><\/strong>, when marketers &#8220;trick&#8221; you into switching your choice to the more expensive or profitable one. <\/p>\n\n\n\n<p>This popular marketing tactic can increase your sales if you apply it correctly:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Keep the choices at exactly three.<\/strong> Giving customers too many choices may make it complicated, and they&#8217;ll end up not buying at all.<\/li><li><strong>Upsell the variant with the higher or highest price. <\/strong>While the pricing is pretty close, you should make the more expensive variant slightly better and more appealing to the buyer.<\/li><li><strong>Create a bundle or package.<\/strong>&nbsp;Another way to do the decoy effect is to offer products in a bundle so that customers will feel they&#8217;re getting savings from buying two (or more) instead of one item. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"5-optimalkan-goldilock-effect\">5. Optimize for the goldilocks effect<\/h3>\n\n\n\n<p>The <strong><em>goldilocks effect <\/em><\/strong>makes consumers feel they&#8217;ve found a product that suits their wants and needs, not because it&#8217;s the cheapest or the most expensive option. But simply because it&#8217;s the right one.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/media.giphy.com\/media\/xT5LMD7WPgqXfjUJsQ\/giphy.gif\" alt=\"\" \/><figcaption><em>Just the right mix of offers and perfect pricing usually gets more sales.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>This marketing strategy gives customers product and pricing options of <em>&#8216;too low, too high and just right&#8217;. <\/em><\/p>\n\n\n\n<p>For example, you&#8217;re offering a promo for Valentine&#8217;s Day with these gift options:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Basic package (PH 500): <\/strong>3 red roses + 1 big Hersheys chocolate bar<\/li><li><strong>Standard package (PH <strong>1,000<\/strong>): <\/strong>12 red roses + 1 big Cadbury chocolate bar + cute plushie<\/li><li><strong>Premium Package (PH 2,500):<\/strong> 24 red roses + 1 box of Ferrero Rocher chocolates + cute plushie + sparkling wine<\/li><\/ul>\n\n\n\n<p>A customer may see the basic package as not romantic enough, and the premium package as a bit too much. But the standard package is just right for a romantic Valentine&#8217;s gift for their special someone in terms of the gifts and their budget. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tap into the customers&#8217; buying behavior<\/h2>\n\n\n\n<p>In addition to these five psychological marketing tricks, there are other principles that you can use that appeal highly to customers, like offering a <em><strong>free trial<\/strong><\/em>, creating <em><strong>FOMO <\/strong>(fear of missing out)<\/em> or giving them <em><strong><a href=\"https:\/\/blog.ninjavan.co\/en-ph\/free-shipping\/\" class=\"ek-link\">free shipping<\/a><\/strong><\/em>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/09\/add-to-cart.jpg\" alt=\"psychological marketing tactics\" class=\"wp-image-6578\" width=\"543\" height=\"362\" \/><figcaption><em>Understanding customer behavior is key to capturing their attention <br>and increasing your sales. Image from Getty Images<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Most importantly, you have to understand your target market so you can apply the best <a href=\"https:\/\/blog.ninjavan.co\/en-ph\/best-marketing-techniques-philippines\/\" class=\"ek-link\">marketing techniques<\/a> that would bring big sales. Use analytics and historical data to look into your customers&#8217; buying behavior.<\/p>\n\n\n\n<p>If you&#8217;re still feeling your way, you can start with these psychological marketing tricks, find out which works and which doesn&#8217;t and then adjust your strategies as necessary.<\/p>\n\n\n\n<p><em>Featured image by Sewcream via Getty Images<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tapping into the customers&#8217; buying behavior will help you create marketing tactics that work, and increase your sales.<\/p>\n","protected":false},"author":5,"featured_media":6571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"5 Psychological Marketing Strategies to Increase Your Sales","_seopress_titles_desc":"Psychology and marketing go together! Use these psychological tactics in marketing to boost your sales.","_seopress_robots_index":"","footnotes":""},"categories":[202,62],"tags":[635,633,634,636],"class_list":["post-6529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-established-smes","category-marketing","tag-psychological-marketing","tag-psychological-marketing-strategies","tag-psychological-strategies-in-marketing","tag-psychological-tactics-in-marketing"],"_links":{"self":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/comments?post=6529"}],"version-history":[{"count":24,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6529\/revisions"}],"predecessor-version":[{"id":7012,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6529\/revisions\/7012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media\/6571"}],"wp:attachment":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media?parent=6529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/categories?post=6529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/tags?post=6529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}