|
Why and How Do Women Buy?
by former Wall Street Journal reporter, Emmy-winner,
Kare Anderson (www.sayitbetter.com)
DOWNLOAD
THIS ARTICLE - CLICK HERE
Email this Article to a Friend
A woman wanted a cell phone
that would work anywhere, not rack up high roaming fees, and be *cute,*
according to Martha Barletta, author of Marketing to Women: How to Understand,
Reach, and Increase Your Share of the World's Largest Market Segment.
Her husband researches various
plans and finds the one that most matched her calling and financial criteria.
“What kind of phone comes with
it?” the wife asked. “What difference does that make?!” replied the husband.
His wife looked at the information he’d gathered and discovered that Nokia had a
model in *ocean blue,* although the nearest store carrying one in that color was
an hour’s drive away.
She drove.
“*The color of the phone is
the most important thing?” asked her astounded husband.
No, said Barletta, it wasn’t
the most important thing, but while this woman was buying, “she wanted what she
wanted.”
To women, details of beauty,
simplicity, and practicality matter. Says Barletta,
“A woman might choose a Jeep Cherokee because it’s the only one whose hatch she
can easily flip open."
Studies have shown, writes
Barletta, that the male sees his relationship to others in terms of
higher/lower, faster/slower, first/second.
A female sees her
relationships in less competitive terms: similar-to/different-from,
know-her/don't-know-her.
Thus advertising that says
others will be jealous if you own this product works with men but is off-putting
to women.
Women, says Barletta, want to
be able to say, "Yep, that's my life. If that product works for her, it'll
probably work for me." And she is more likely to tell others than a man who is
satisfied.
Thus the power of cultivating
the mavens -- the trusted people to whom your market of women turn for advice --
can be the key to increasing your profits.
When you want to learn exactly
how to cultivate those mavens, read Malcolm
Gladwell's brilliant book on
the topic, _The Tipping Point:
How Little Things Can Make a
Big Difference
(http://www.sayitbetter.com/store/merchant.mv?Screen=PROD&Product_Code=TTB&Category_Code=T2F).
More than half the U.S.
population is female, and women purchase or influence the purchase of more than
80% of all products and services.
Women are the majority
decision-makers today, not only in the traditional areas of fashion, food, and
cosmetics but also for such big-ticket buys as automobiles, financial services,
home improvement, computer electronics, and travel.
So you might think there would
be nothing about the buying habits of women that American businesses don't know.
However, Barletta and Mary Lou
Quinlan, author of _Just Ask a Woman: Cracking the Code of What Women Want and
How They Buy, believe that many marketing and sales strategies are more likely
to annoy their target audience than to attract them.
"You might feel that you have
already evolved into the most politically correct person you can be. Your ads
are not offensive your products keep improving, but that's not enough to lure a
woman to buy your product rather than a competing brand," warns Mary Lou
Quinlan.
Both Quinlan and Barletta
point out that women are especially valuable customers.
More than men, they typically
ask for recommendations from friends and acquaintances before they buy and, if
they are happy with a product or service, will recommend it to others. Again,
this highlights the powerful influence of mavens - especially women mavens on
buying decisions.
According to Quinlan and
Barletta, women - especially working mothers - lead time-pressured lives and
therefore appreciate products that simplify tasks and relieve anxieties.
They prefer product warranties
and service guarantees more than extra bells and whistles.
Women don't want to be told a
product is "cool"; they want to hear specifics about how it serves their needs
and their families' needs.
Both agree that women want
marketers to be patient and helpful. "It's frustrating to marketers of
high-stakes or big-ticket services such as financial services or cars to be
asked to meet with women several times to go through alternatives," writes
Quinlan.
But from a woman's point of
view, it's necessary: "Women judge the Quality of the relationship as well as
the quality of a product. They ask a lot of questions and do a lot of listening
before they form a trusting relationship to believe what that person is saying
about the product," she says.
Quinlan and Barletta reach
many of the same conclusions but disagree on some points.
For example, Quinlan says
women today - especially working mothers are stressed out.
Barletta believes the
opposite: "In fact, women today are proud of how well they cope with stress."
In another point of
disagreement, both authors describe a current ad for the cholesterol-lowering
drug Lipitor, reaching opposite conclusions as to its effectiveness.
In the ad, writes Barletta, a
"gracious, glamorous, silver-haired woman is coming up a red carpet as if to
the Academy Awards. Suddenly, she trips and falls flat on her face.
The message: Cholesterol
doesn't care who you are; it can even bring a princess down.
Women don't like the ad
because they "don't like to see anyone get hurt, even for a good cause," says
Barletta. "All I can think is, 'Oooh that poor woman, is she okay?'"
Quinlan praises the same ad
for being "cliche-smashing." She says the way to get womens attention is to play
against type. "How often have you seen the gray-haired grandmother walking the
beach and worrying about her incontinence or arthritis?" she asks.
According to Quinlan, the
Lipitor ad is an example of letting older models "be silly and not just
sentimental," which, she implies, appeals to women.
On this point, I agree with
Barletta, not Quinlan. What do you think?
But th e books differ most
significantly in how they present their material. Quinlan is CEO of Just Ask a
Woman, Inc. (http://www.justaskawoman.com/)
a marketing research firm she founded in 1999.
Her main research method is a
TV-show format in which Quinlan plays "Oprah" to elicit candid views and
opinions from an all-female audience. In her book, Quinlan shares the insights
from her interviews of more than 3,000 women.
They have told her that, in
their stressed lives, they would appreciate having bank statements that are
"understandable" and instructions for cell phones "written in English" (as
opposed, presumably, to techie talk).
Surely, a wise bank or cell
phone manufacturer would provide same. But a reader can't help wondering,
wouldn't men like understandable bank statements and cell phone manuals too?
Wouldn't anyone?
Barletta is president of The
TrendSight Group (http://www.trendsight.com/),
a marketing consulting firm that also was founded four years ago.
Its patented product, the "GenderTrends
Marketing Model," provides a process for analyzing how to mesh what you sell and
how you sell it with, as Barletta puts it, "female gender culture."
Barletta's book not only
describes what women want, it also shows many scenarios where no rule applies to
100% of either gender's buying behavior.
Barletta notes that it is not
that women want better products and better service while men don't. It's that
women will go to more trouble to obtain what they want.
She points out, for example,
that Wyndham Hotels put magnifying mirrors in bathrooms based on suggestions
from women who wanted them for applying eye makeup.
Men didn't request the mirrors
and probably never would have, according to Barletta, but they appreciated them
when they appeared, because it made shaving easier.
One reason it takes women
longer to make a buying decision, Barletta
explains, is that women want the "perfect answer."
Men will buy a workable answer
rather than continue to shop, while women will continue to shop in the hope of
finding that perfect answer. Now that sounds familiar.
Women also relate better to
"warmer" than to "winner." A Nissan print ad stating "horsepower increased 17%,
torque increased 6%, bragging rights increased 100%" is a male-only ad.
Women (even those who know
what torque is) don't care as much about bragging rights says Barletta. But an
ad for an SUV that says "Think of it as a 4,000 pound guardian angel" is an ad
that resonates women.
Both books were helpful to me,
but Barletta's book contains more information for marketers regardless of
gender.
Want to stand out in an
over-advertised world, attract more customers and per-customer spending while
lowering your marketing costs?
See the Toronto Globe and Mail
article on why customer-attracting cross-promotions are becoming wildly
popular with all kinds and
sizes of businesses - quotes Kare
(http://www.globeandmail.com/servlet/ArticleNews/TPStory/LAC/20030919/MACROS
S19/TPBusiness/General).
Read more about Kare's smart
approach to cross-promotion:
http://www.sayitbetter.com/articles/sel_creative_prtnrs.html
http://www.sayitbetter.com/articles/sel_attract_custs.html
http://www.sayitbetter.com/articles/sib_cust_attr_promo.html
Date
article published: 014/04/2004
|