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How COVID-19 Changes Customer Buying Decisions
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How COVID-19 Changes Customer Buying Decisions

Humans think with both instinct and analysis,

Face outlined by light

Photograph: Shutterstock

CHICAGO We might think all of our decisions are based in reason, but really we’re a bunch of cavemen, and that is especially true during a global pandemic.

Graeme Newell, president of 602 Communications, said retailers should be sure they’re speaking to that caveman during his presentation for Winsight Media’s virtual Outlook Leadership Community, Neuroscience Insights Into the Crazy Ways Our Brains Make Money Decisions.

  • Click here to join OLC and to watch Newell’s on-demand webinar.

Humans have an instinctual brain and a conscious brain. The instinctual brain is the quick-reacting caveman and the conscious brain is the analytical problem-solver. But only about 15% of the decision-making process is conscious. “We are big balls of instinct walking around,” said Newell.

Newell said the way to appropriately appeal to this caveman is to quickly point out danger but then immediately follow up with reassurances. Themes such as belonging, family love and safety all appeal to people, so these are good themes to touch on, said Newell.

Storytelling can be an important tool when appealing to customers. As an example, Newell described two different wines in the video and asked the viewer to guess their price. The bottle of wine with the story was technically the cheaper option, but the story behind the wine made it sound more expensive. “Evolution has hardwired our brains to be fascinated by stories,” he said.

Even if a brand’s marketing is product focused, the overall message must have a customer focus. Newell used Walmart as an example. When the big-box retailer’s slogan was “Always Low Prices,” people began to interpret that as worker exploitation. Walmart later adopted its slogan to “Save Money. Live Better.” Walmart’s advertisements showed family-focused moments such as a grandfather visiting grandchildren because of money saved at Walmart.

See Also

“It’s not about what you do,” said Newell. “It’s about how you empower your customers during these scary times.”

Outlook Leadership

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