Wednesday, December 5, 2012

Touch points to Tipping Point


One of the frequent and anxious question asked by the client to ad-agency is ..

"I spent Rs. 40000 on that news-paper ad!
 I got only 4 phone-calls. Why?"

"I distributed 10000 leaflets last week!
 Only 7 Customers walked in! Why?"

Sometimes, the ad-agency is even accused of making the client over-spend or for bad creative execution.
This anguish is pretty reasonable, if the Client's Product is of reasonable quality, the price is competitive and it does satisfy some specific need of the target audience. The Client expected the target audience to respond, but he is left grumbling - 
“I have offered a fair deal.
Why is the Customer not coming in and purchasing the product?!”
Why this big difference between Expectation and Reality, when it comes to generating sales?!
Well, the marketing reality which one finds out over time is -
"Customers don't make a purchasing decision impulsively;
especially, more the value of the purchase, more the Customer deliberates."
Why this deliberation?
A potential customer needs reassurance of his choice and this happens over a sequence of Touchpoints with the brand. 


A typical scenario will be as follows -
Let’s assume you are keen to buy a car. Unconsciously you start noticing car advertisements - (Touchpoint No:1).
Then you keep staring at various makes and models of cars, while commuting. In course of time your heart starts short-listing some favourites - (Touchpoint No:2). 

One day while filling up fuel you strike up a conversation with the driver of the nearby car, which is one of your short-listed choice - (Touchpoint No:3). 
Another time, you pick up a auto magazine and read a review of the car - (Touchpoint No:4). 
You pick the brain of the mechanic, at the garage where you go regularly (Touchpoint No:5). 
In the meanwhile you see more of advertisements of the car you like most (Touchpoint No:6).
You go online and read various review sites. You compare your choice with competing models (Touchpoint No:7). 

You go to the car dealer and experience a test drive(Touchpoint No:8).
Now you have decided in favour of the car and sit down with your chequebook.
A minimum of 7 touchpoints with the brand has to happen, before the tipping point to make the purchase decision happens.
The critical point for the Client to note, every touchpoint has to reassure the Customer and reinforce his initial opinion. Your product, pricing and promotion has to work coherently, without any dissonance.
So next time, don’t panic if the Customer doesn’t come barging in immediately after seeing your advertisement. Give him time and nurture him till the tipping point.
(In the next blog, I will talk of the kinds of Customers, which is another variable affecting the purchase decision.)
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SreeRam is a marketing communications consultant for SMBs – based in Chennai, South India.
The work of his consultancy firm can be viewed by clicking on NATHAN’S MEDIA GROUP.
He can be reached by calling 0-934 000 66 00 or mailing - nathansmedia@gmail.com