Why Consumer Psychology Matters to Businesses

Strive as some might for a communist/anarchist commune we're all consumers of one thing or another.  From groceries and soap flakes all the way up to high ticket appliances, cars and homes trading is as much a part of the human experience as anything else.  And unless you’re a member of an as yet undiscovered tribe in the deepest amazon you’ve probably come across the main way people try to persuade other people to buy their products.  Indeed, you’re looking at it now – Advertising!

That Not So Hidden Agenda

Bloated budgets aside, before there were marketing departments there was still trade.  And those who were successful at it got that way by convincing other people to buy their products and services.  Or in more primitive cases we admit, by persuading them to join their warband to go pillage the village in the next valley.

Even back then, consumer psychology was a thing.  Admittedly they didn’t think of it in those terms and even people today would hear such a description and think of it as some sort of sophisticated sciency discipline to be safely ignored.  In reality though, getting people to buy whatever you were selling has been the key to nearly every successful enterprise whether you were selling crops at the town market or trying to convince the King and Queen of Spain to fund a crazy trip to discover the new world

Getting to understand why people do what they do is very much at the heart of the entire science of psychology and in the same vein consumer psychology takes this one step further to focus on the decisions an individual makes when purchasing anything.

Shaping minds and opening purses

Naturally the reason you might want to understand how people think in relation to their buying of things is because without any such understanding of these issues any marketing or expansion plans you may have for your business are being made blindly.  What is the point of taking out that expensive nationwide advertising campaign when you have no understanding of the thought processes that drive potential buyers into a sale?

Consumer Psychology is all about analysing these factors by, for example, understanding the basic needs that drive human behaviour and relating them into needs that can be addressed by services and products.  These include things such as:

  • Human Biology
  • Security
  • Social Aspirations
  • Status
  • Stimulation of the Senses

For example, the latest smart phone fulfils its basic function of allowing it’s user to contact other people addressing a social need.  However much cheaper phones perform the same function.  It can further differentiate itself from its peers through other functions like providing high resolution playback of films and television (Stimulation of the senses).  It might also include an onboard panic alarm to scare off potential attackers (security) and by virtue of being new and expensive carry a certain status for those rich enough to afford it. 

Understanding these basic concepts of how people think is the path to a strong marketing push.  Once you understand why people think the way they do, you are in a position to sell your products in such a way that people will be more receptive to buying them and even to influence the way people thinking and get them to buy into vision.  

LEAVE A REPLY

BLOG CATEGORIES

MOST POPULAR

ADL Success Stories – Dairy Cattle Farming with Annabella Baker

Education opens doors to success windows of opportunity and in at least one case, gates to new possibilities. Such is the case with ADL success story Annabella Baker.  Originally from Italy, but now living in the UK, Annabella faced a tragedy all too familiar to many when she lost her airline job during the Covid

Read More »

Horticulture – Learn the Basics: Three Problems for New Gardeners

Gardens are hard work.  Behind every immaculate lawn and carefully tended flowerbed is a never-ending struggle between nature and gardener. Of course simply leaving the garden to its own devices isn’t really an option; Untended, plants will grow freely for the whole of spring and summer and even into autumn. Worse yet, an uncared for

Read More »

Henry Hoover’s Broken Plug

Some stories of educational achievement soar into the heavens.  Of individuals who through hard work and toil overcame the challenges in their life to achieve. Certainly, at ADL we’ve seen and helped many individuals achieve their dreams through completing a course which helped them get a place at university or begin a new career. This,

Read More »

King Charles and the Grey Goo

If you’ve been in the UK over the past weekend you might have noticed you had a day off on Monday (or looked on enviously as other people had a day off).  The coronation of a new monarch in Charles the Third means a new era. One that the Monarch is especially keen does not

Read More »

Could You Be a Personal Trainer?

If you’re looking for a side business or career that combines a love for fitness and a mentoring role. personal training might be for you Personal training is at it’s heart all about being able to help people live healthier, happier lives.  By combining physical exercise with essential lifestyle changes like diet they help their

Read More »

SIGNUP FOR OUR NEWSLETTER

Scroll to Top

REQUEST A CALLBACK

To speak to one of our course advisors, please enter your name and phone number below and click the "Please Call Me" button. We will call you back as soon as possible!

By submitting this form, I provide my consent to ADL to contact me via email or telephone, regarding the course I selected. All information provided is protected in conformity with our Privacy Policy.

CONTACT US

required fields are marked with *

By submitting this form, I provide my consent to ADL to contact me via email or telephone, regarding the course I selected. All information provided is protected in conformity with our Privacy Policy.