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Psychology of The Buyer: 6 Tips to Keep Them Wanting More

by Laura Patricia
Tips

Sep 25, 2024

It can be challenging to understand why prospects hesitate or push back, but beneath these behaviors are observable psychological patterns. By recognizing and understanding them, you can use these insights to close more deals with confidence.In this guide, we’re not just going to explore these patterns; we’re going to teach you how to navigate them, anticipate objections, and ultimately help buyers make the decisions they want to make.

Psychology of The Buyer: 6 Tips to Keep Them Wanting More

Buyers Love to Buy, Even If They Hesitate to Spend

Here’s the truth: while buyers may be cautious when it comes to spending money, they love the act of buying. People naturally want more—they want the premium package, the extra features, and the best deal they can get. They love feeling like they’re getting something worth showing off. Don’t let hesitation fool you; deep down, buyers crave value and status.

Recommendation: Offer the big packages. Don’t be afraid to upsell or showcase all the premium options. Give them the chance to "show off" what they’re buying. If you only present a basic package, you’re missing an opportunity to appeal to their desire for more. Present the highest value options with confidence—buyers are more willing to go big than you think.

Leverage the "Two Types of People" Technique

One of the most effective ways to help buyers make decisions is to frame their options in a way that subtly pushes them toward a positive choice. This is where the "two types of people" phrasing becomes a game-changer. For example, saying, "There are two types of people: those who want the most bang for their buck and those who are okay settling." Instantly, the buyer is forced to identify with one group, and no one wants to be seen as someone who settles.

Recommendation: Use the "two types of people" approach in your conversations. It triggers a mental choice in the buyer, where they are naturally drawn to the more desirable option. It’s not manipulation; it’s framing. You’re guiding them to choose the path that reflects the version of themselves they aspire to be—someone who makes smart, confident choices.

Buyers Trust What They Can See

Buyers are naturally skeptical. They won’t just take your word for it—they need to see it. Visuals and third-party resources build credibility and help prospects believe in your product or service. Data, customer reviews, and even written commitments help overcome that skepticism and make your sales pitch more trustworthy.

Recommendation: Always support your claims with something visual or written. Whether it’s a demo, testimonial, or third-party article, give them something tangible to believe in. Written guarantees or promises will also solidify trust—when something is in writing, buyers tend to view it as more reliable.

Buyers Assume Salespeople Lie

Most buyers come into sales conversations with their guard up, assuming the salesperson might embellish the truth. Why? Because they’ve been in situations where they’ve exaggerated or withheld information themselves. We’ve all been there, either we told our parents we were sick when we weren’t to avoid school, or embellished a story just a little to make it more interesting. It’s a psychological defense mechanism—"If I’ve done it, they might too." Overcoming this skepticism is critical.

Recommendation: Combat this by being as transparent as possible. Put everything in writing, from promises to guarantees. This shows you have nothing to hide and builds confidence in your claims. When buyers see things in writing, their mental barriers drop, and they’re more likely to trust you.

The More Buyers Know, the More They Trust

A well-informed buyer is a confident buyer. When you leave buyers in the dark or with unanswered questions, you create doubt and hesitation. People want to feel knowledgeable before they make decisions, especially big ones. They don’t want to feel like the salesperson is glossing over important details, hoping they won’t catch on.

Recommendation: Over-communicate. Provide all the details upfront and be proactive in answering potential questions. The more transparent you are, the better your chances of closing the deal. Give them as much information as they need to feel comfortable with the decision.

Buyers Get Anxious About Money—Don’t Back Off

When it comes time to close, you’ll often notice buyers getting anxious or second-guessing their decision. It’s normal; spending money, especially on a big purchase, triggers all sorts of psychological stress. They might start making excuses, saying they don’t think they have the money right now, or start second-guessing their decision. But this is where you have to hold steady.

Recommendation: Stick with them. Don’t let their hesitance scare you off. Stay patient, continue to provide value, and remind them of the benefits they’ll gain. Many buyers just need a little extra reassurance at the finish line. If you stay committed, most will come around and close the deal.

Conclusion

Understanding your buyers’ psychology is essential for mastering the sales process. Buyers are influenced by their emotions, experiences, and perceptions, and it’s your job to navigate these. By using visuals to build trust, providing transparency with written commitments, and guiding their decisions with the right language, you can break through skepticism and build confidence.

Buyers want to make smart decisions, and when you understand their mindset, you can help them do that. Focus on being patient, transparent, and presenting your offerings in a way that aligns with their desires. Master these principles, and you’ll not only close more deals but build lasting, trusted relationships with your prospects.

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