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Dealer Support September October 2024

Page 30

SALES SUCCESS

THE POWER OF PSYCHOMETRICS

Patterns, Preferences and Personalities: Behind the Lens of Psychometrics

Over the past few months, we’ve been examining the common data sets businesses use to better understand their customer base. So far, we’ve looked at geographic and demographic information – and now we’re turning our attention to psychographics

B

ut what exactly are

in a specific area and their business types, what

CONSCIENTIOUSNESS

psychographics,

psychographic traits should you be looking at?

Does the business — and its buyer — have

For dealers, understanding the role of

a high-energy, collaborative personality, or

understanding them

buyer personality is crucial. Buyer behaviour

is it structured traditionally with a senior

benefit dealers?

is primarily influenced by personality,

decision-maker at the top? The former may

Psychographics are

combined with the attitudes and beliefs

favour a less formal approach, enjoying

often spoken about in business conversations,

that exist at the organisation’s core. This

trial runs of products, engaging with new

but unlike their quantitative counterparts, can

forms a valuable piece of the puzzle for

people and making frequent changes.

be much harder to measure. This qualitative

dealers looking to personalise or tailor

The latter might prefer the reliability of

data, which explores customer culture,

offerings to meet their needs. By grasping

a single dedicated sales contact and the

behaviour and mindset, can be integral in

the psychological elements of customer

reassurance of consistently available

helping dealers to identify and align with

behaviour, dealers can develop a more

known product lines.

customer motivations and behavioural

comprehensive view of buyer motivations and

patterns. For instance, while demographic and

determine the most effective approaches.

and how can

EXTROVERSION Check the business’s social media page —

geographic information might reveal a midsize business in Greater Manchester with 200

OPENNESS TO EXPERIENCE

does their buyer frequently discuss the latest

employees, psychographic data will uncover

Who is making the purchasing decisions

community events, initiatives, or in-office

the organisational culture of that business,

for the business? Are they risk-averse and

celebrations? If so, the company likely

informing the best approach for engaging it

cautious, favouring trusted brands and proven

exhibits a high level of extroversion and may

as a potential new customer. So, once you’ve

products? Or are they eager to embrace new

be more receptive to in-person meetings,

identified the number of potential customers

technologies and emerging lines?

events and collaborations.

[30] SEPTEMBER/OCTOBER 2024

www.dealersupport.co.uk


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