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How Understanding Psychology Will Lead to Better Marketing

How Understanding Psychology Will Lead to Better Marketing

Published by Global Display Solution on July 22, 2022, 7:09 am

Psychology is a powerful tool for any marketer. Psychology influences everything we do in our daily lives, so it makes sense that we could leverage psychological concepts for marketing. If you’ve heard of the concept of psychology being used for marketing purposes but aren’t sure why or how, keep reading to learn more. Today we’ll explore how understanding psychology leads to better marketing and some examples of how to bring this concept to life.

Understanding Psychology

Psychology is the study of the human mind, emotions, and behaviors. Studying psychology helps us understand behaviors, social interactions, and what influences human actions. While marketing psychology is only one aspect of the greater study of psychology, it’s important for marketers to understand this aspect. Understanding psychology is so prevalent in the marketing industry that experts have coined the term “neuromarketing” to describe a specific type of marketing psychology. This concept explores how marketing and psychology affect one another and how this type of marketing influences consumer behavior.

Why Psychology Is Important in Marketing

As a business owner, it’s important that you understand the relationship between psychology and marketing so that you can utilize neuromarketing to improve your business. If you can utilize marketing psychology to influence purchasing decisions, this practice can help boost sales and create loyal, returning customers. Using psychological reasoning helps you better understand your customer’s behaviors and what leads customers to certain purchases. You can then use this insight to improve everything from your business’s marketing to store layout.

Benefits of Using Psychology in Marketing

Below, we will outline some specific examples of how you can use psychology in marketing to benefit your business. Use these examples to gather inspiration for your own business and see where you can make improvements. You may even recognize some of these examples from marketing materials you’ve received in the past.

Understand a Buyer’s Decision-Making Process

We can study a buyer’s decision-making process through psychology the same way we study the marketing funnel. Consumers make buying decisions in steps. As marketers, our aim is to convince people to follow these buying steps to the final purchase. Marketing psychology helps us understand why consumers go from step to step along the decision-making or buying process. We can then use this information to tailor marketing materials to be more effective and convincing.

Boosts Brand Recognition

Using psychology in marketing can also help make a lasting impression on your target audience and potential customers. If you utilize psychology in your logo designs, color choices, choice of materials, and more, you can create marketing content that will stay with your customers. This also increases the chances of existing and potential customers spreading your business by word of mouth. Combine the tactics of marketing psychology and analyzing your target audience and what they most want to see. This will result in memorable, unique content that is tailored to the customers you’re hoping to attract. Not only will this lead to greater brand recognition, but you’ll also see greater engagement and sales.

Helps Create a Stronger Brand

Understanding your target audience and their decision-making process can also help you flesh out your business as a whole. Marketing is one of the biggest factors that establishes a business’s brand. If you’re struggling to set your business apart from the competition, start with your marketing strategies. Using marketing psychology will help you strengthen your marketing, which will in turn help strengthen your brand.

How To Channel Psychology in Your Business’s Marketing

Now that you’ve heard the benefits of using psychology in your marketing strategies, you might be wondering how to accomplish this. Here are some common examples and strategies businesses use to channel psychology into their marketing materials.

Use Color Psychology in Marketing Materials

Businesses use color psychology in most pieces of marketing content they release. Color psychology is the study of the different colors and how they affect human emotions, behaviors, etc. A common example of color psychology in marketing is the use of the color red. We subconsciously associate red with energy, passion, and even danger. Many marketing teams use red to signify a big sale or limited time offer to increase the feeling of urgency in a buyer. On the other hand, blue is a calming color that marketers often use to increase feelings of serenity and trust. The particular use of color usually depends on the content.

Try opening your email inbox and examining the marketing images and materials targeted at you—you'll quickly see how often businesses utilize simple color psychology concepts in their everyday marketing.

Elicit an Emotional Response

We base many our daily decisions on our emotions. The same is true of the buying decision-making process. If you can use color psychology, media, and other marketing techniques to imbue your consumers with emotions, you’re sure to increase your brand recognition or even pick up new customers along the decision-making process. Use your marketing materials to tell a story—investing your customers through emotions and new materials helps increase engagements and brand interest.

Add a Call to Action

A call to action is a classic marketing statement designed to encourage engagement from your customers. Call to actions (CTAs) give your customer a clear path to the next stage of the buying decision-making process. CTAs include requests to sign up for a newsletter or store account. Setting up CTAs can also be as simple as including a “Shop Now” button at the bottom of a page or email. Encourage potential buyers to interact with their products by using CTAs. You can even apply what you learned from color theory to the design of your CTAs.

We hope these benefits and examples have helped illuminate why understanding psychology will lead to better marketing for your business. Utilize these tips for your own business and channel psychology into your next marketing campaign. You might even notice some of these psychological marketing tricks in other promotional materials you encounter.

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How Understanding Psychology Will Lead to Better Marketing