6 Reasons why your customers dont buy
Just because you have a brilliant product and a well-thought-out marketing strategy, it doesn’t mean you’re going to achieve the sales success rate that you want. It can be frustrating when you have a product or service that you know potential customers will benefit from, but if you’re regularly losing deals, then it could be because of reasons you haven’t even considered.
So, with that in mind, here are 6 reasons why customers don’t buy. Hopefully, they will help you define the root of the problem, so you can improve your selling strategy and close those hard-earned deals.
Customers don’t want to make a mistake
If a customer is investing their time and money into your product or service, then they want to ensure they’re making the right choice. If they make a mistake and choose something that doesn’t benefit them, then they have lost their money and their time.
Fear of failure from the past makes them wary
This ties in nicely with reason number 1. In the past, customers have probably purchased a product from competitors that haven’t lived up to their expectations; maybe the service they received was bad, maybe the product was poor quality, or perhaps a product was simply out of stock at the time and they had to buy it from elsewhere. If they have had a series of unsatisfactory experiences, then they’re afraid of failing again. This results in wary window shoppers who want to avoid wasting their money and time because it’s happened to them before.
Customers don’t want to be disappointed
Cautious customers are worried about being disappointed with their purchases. They might not understand the value of what you offer, and are sceptical about buying it.
Being disappointed is a deflating feeling, and no-one wants to experience that, especially if you have high expectations for a product. Again, this links back to the fear of failure and not wanting to make the same mistake twice.
They need to feel good about your product or service
So how can you stop a customer from being cautious about buying your product or service? They need to feel good about it.
Making a customer feel valued, allowing them to be heard, and showing your genuine interest makes customers feel good. Think about how you’d like to be treated. As you build that connection, customers begin to understand that your product is trustworthy and reliable, adding value to their life.
They need reassurance
Building a rapport with potential customers is essential. It proves to them that they can trust the services you offer, reassuring them that they’re making the right choice with their purchase.
If they feel uncertain, then they won’t commit. Listen to what they have to say, answer their questions, and ask some of your own to better understand what they want, resolving any issues or concerns they might have. Reassuring customers could be the reason you secure a sale.
Safer to stick with what they know
People don’t like change. Most people would rather stay in their comfort zone and stick to what they know. As mentioned, people are afraid of being disappointed and making expensive mistakes. Many customers don’t have the confidence to try something new, even if it might benefit them in the long run.
Help Customers Buy
Determining which aspects of your sales are preventing customers from buying can benefit both you and potential buyers. A slick and simple process that entices customers from the beginning whilst living up to their expectations will offer a much smoother journey to closing those deals, increasing your sales success rate.