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Why Solving Your Customer’s Problems is More Powerful Than Selling Your Product | Entrepreneur

by Brand Post
August 9, 2023
in ENTREPRENEURSHIP
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Why Solving Your Customer’s Problems is More Powerful Than Selling Your Product | Entrepreneur
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Opinions expressed by Entrepreneur contributors are their own.

A study by Nobel Prize-winning psychologist Daniel Kahneman showed that most decisions are based 90% on emotion and only 10% on logic. However, when companies promote their products and services, the message almost always focuses on logic, highlighting generic features, benefits and statistics. The result is often lackluster because emotion isn’t addressed.

Take the example of promoting a technical product for an industrial audience. A social media post or traditional advertisement will likely highlight efficiency and safety, outlining features such as seamless connectivity and reduced downtime. It will likely include common terms, including “game-changing,” “intuitive design,” and “robust solution.” It will also highlight generic benefits such as “built for demanding environments,” “elevates workflow,” and “maximizes efficiency.”



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Tags: BrandingBusiness IdeasCustomer AcquisitionCustomer EngagementCustomersentrepreneurGrowth StrategiesMarketingPowerfulPremiumProblem EmployeesProblem SolvingProblemsProductSellingSolvingSolving Problems

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