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Jeweller - April 2020

• Conquering Coronavirus: protect and prepare your business during the pandemic • Time frame: exploring five years of change in the watch category • Watch this space: a showcase of best-selling and new release watches

• Conquering Coronavirus: protect and prepare your business during the pandemic
• Time frame: exploring five years of change in the watch category
• Watch this space: a showcase of best-selling and new release watches

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Retail Strategy<br />

You don’t have a judge to proclaim your<br />

innocence, so you must instead use<br />

credibility cues – for example, testimonials<br />

and online product reviews from previous<br />

customers – to build your reputation.<br />

Finally, you can change the context of your<br />

customer’s decision-making.<br />

There is a popular anecdote describing a<br />

meeting between a chief financial officer<br />

(CFO) and a chief executive officer (CEO) as<br />

they decide how much to spend on training<br />

their employees.<br />

The CFO says, “What if we train people and<br />

they leave?” The CEO responds, “What if<br />

we don’t, and they stay?”<br />

In other words, changing the context of<br />

the decision-making can be helpful in<br />

encouraging your customer to re-think the<br />

position not to buy.<br />

What if they purchase your product as a<br />

gift, and the recipient doesn’t like it?<br />

On the other hand, what if they don’t buy<br />

it and the recipient is disappointed they<br />

received nothing at all?<br />

All about the angles<br />

One of my hobbies is stone carving: taking<br />

a hammer and chisel to a block of hard<br />

rock to see what emerges.<br />

A mistake in stone carving is to assume<br />

that all stone is the same. In fact, each<br />

piece has its own weaknesses and<br />

strengths.<br />

At first, I must make a few tentative strikes<br />

to allow the stone to reveal something to<br />

me. Once the desired outcome forms in my<br />

mind, I can work towards it.<br />

This is how retailers can approach<br />

behaviour change.<br />

Rather than jumping in with fixed<br />

assumptions, we first need to spend<br />

some time ‘noodling around’ to<br />

understand the person or people we are<br />

trying to influence.<br />

For this task, I use an empathy map<br />

broken into categories, including what<br />

they think and feel, say and do, see and<br />

hear, and their goals.<br />

This tool assists in clarifying the mindset<br />

of the target market or individual<br />

customer, and focuses on the specific<br />

context in which their behaviour is<br />

occurring.<br />

A slab of stone is inert, immovable.<br />

Your customer may seem that way too<br />

– whatever you try, they are not going to<br />

budge.<br />

If you attempt to tackle a slab of stone by<br />

pummelling the centre, it will do one of<br />

two things: resist until you are defeated, or<br />

resist until a fissure forms that destroys it.<br />

In either case, a blunt, frontal assault is<br />

ineffective.<br />

Instead you must use angles, chipping<br />

away at the edges, towards your objective.<br />

The same principle applies to behaviour<br />

change. If you are too blunt or forceful,<br />

your attempts will be resisted.<br />

This is known as reactance, and has<br />

been found to reduce the effectiveness of<br />

advertisements such as Nike’s famous<br />

‘Just Do It’ campaign.<br />

Telling someone they have to do<br />

something, that it will be ‘good for’<br />

them, or even providing a litany of facts<br />

and figures to justify it, is unlikely to be<br />

persuasive.<br />

Instead, the behavioural science-based<br />

approach is to anticipate reasons for<br />

their resistance and devise angles for<br />

addressing each barrier.<br />

There are three reasons people resist:<br />

• Apathy or laziness – they can’t be<br />

bothered to go through the process of<br />

purchasing<br />

• Decision paralysis – they might be<br />

interested but are confused as to what they<br />

need do<br />

• Anxiety and fear – they might be<br />

interested but are worried about<br />

proceeding<br />

Reasons for<br />

resistance<br />

Apathy or<br />

laziness<br />

Process of<br />

purchasing<br />

is too slow or<br />

convoluted<br />

Decision<br />

paralysis<br />

Too many<br />

choices; hard<br />

to compare<br />

options directly<br />

Anxiety<br />

and fear<br />

Overthinking<br />

the decision;<br />

afraid of<br />

making the<br />

‘wrong’ choice<br />

While it takes a certain amount of force<br />

to chip into rock, it’s more about being<br />

precise and consistent, working with the<br />

stone rather than attempting to have it<br />

yield to your will.<br />

With behaviour change, it’s not about how<br />

much money you spend or how loudly you<br />

communicate your message – it’s about<br />

small, well-considered ‘nudges’.<br />

A clear call-to-action button on a website<br />

can impact conversion rates more than a<br />

TV ad – just as opting out being the default<br />

on a form can change an entire country’s<br />

rate of organ donation.<br />

Moving fruit to within arms’ reach in an<br />

office block cafe can change how the entire<br />

workforce eats.<br />

American writer, philosopher and artist<br />

Elbert Hubbard once said, “The sculptor<br />

produces the beautiful statue by chipping<br />

away such parts of the marble block as are<br />

not needed – it is a process of elimination.”<br />

Influencing another person’s behaviour<br />

can seem very complicated, and a natural<br />

tendency is to try to add more information<br />

or interactions.<br />

But as with stone carving, behaviour<br />

change can be more effective through<br />

elimination: eliminating superfluous<br />

information, eliminating unnecessary<br />

choices, and eliminating ‘noise’ that<br />

distracts from the objective.<br />

By focusing your efforts on the three<br />

science-based reasons for resistance<br />

– apathy, paralysis and anxiety – you<br />

can eliminate indecision efficiently<br />

and effectively.<br />

And by reframing your product and your<br />

sales approach, you can change your<br />

customer-jurors’ minds.<br />

BRI WILLIAMS is founder of People<br />

Patterns, a specialist consultancy that<br />

applies behavioural economics to customer<br />

purchasing patterns. briwilliams.com.au<br />

<strong>April</strong> <strong>2020</strong> | 43

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