Some say that selling is a dark art but in all reality its more about the art of persuasion than anything else that sees small business, start-ups and entrepreneurs succeed. In fact, you can have the best product or service, idea or concept in the world but if you are unable to convince a customer to buy it, a partner to partner with you, an investor to put money in or even your employees that it has potential then you may as well as shut up shop and go do something else.
The reality is in order to be successful you need to be able to persuade people what you have is:
Can do more or be more than something someone already has
Fills a gap in your own need and the explanation as to why
Cost effective and cost competitive
We often make the mistake of trying to communicate all of these things to a mass audience by way of email sales marketing tactics and now social media. The problem with the latter is that you put your brand at risk by overwhelming people with irrelevant messaging that seems them ignore you as opposed to buy into your pitch. Take this reality check – how many emails do you get in your inbox that are from people trying to sell you something for some reason yet when you read the email (if you get that far) you way up if it’s a hoax or not? In any case the problem is whoever has sent you whatever message they fail upfront to persuade you.
Robert B. Cialdini published a great piece that described the six psychological secrets behind influencing another human being. Take a look at these six basic, yet fundamental principles that can help you lead a much more successful business:
1. Reciprocity: As humans, we generally aim to return favors, pay back debts, and treat others as they treat us. According to the idea of reciprocity, this can lead us to feel obliged to offer concessions or discounts to others if they have offered them to us. This is because we're uncomfortable with feeling indebted to them. For example, if a colleague helps you when you're busy with a project, you might feel obliged to support her ideas for improving team processes. You might decide to buy more from a supplier if they have offered you an aggressive discount. Or, you might give money to a charity fundraiser who has given you a flower in the street.
2. Commitment (and Consistency): Cialdini says that we have a deep desire to be consistent. For this reason, once we've committed to something, we're then more inclined to go through with it. For instance, you'd probably be more likely to support a colleague's project proposal if you had shown interest when he first talked to you about his ideas.
3. Social Proof: This principle relies on people's sense of "safety in numbers." For example, we're more likely to work late if others in our team are doing the same, put a tip in a jar if it already contains money, or eat in a restaurant if it's busy. Here, we're assuming that if lots of other people are doing something, then it must be OK. We're particularly susceptible to this principle when we're feeling uncertain, and we're even more likely to be influenced if the people we see seem to be similar to us. That's why commercials often use moms, not celebrities, to advertise household products.
4. Liking: Cialdini says that we're more likely to be influenced by people we like. Likability comes in many forms – people might be similar or familiar to us, they might give us compliments, or we may just simply trust them. Companies that use sales agents from within the community employ this principle with huge success. People are more likely to buy from people like themselves, from friends, and from people they know and respect.
5. Authority: We feel a sense of duty or obligation to people in positions of authority. This is why advertisers of pharmaceutical products employ doctors to front their campaigns, and why most of us will do most things that our manager requests.
Job titles, uniforms, and even accessories like cars or gadgets can lend an air of authority, and can persuade us to accept what these people say.
6. Scarcity: This principle says that things are more attractive when their availability is limited, or when we stand to lose the opportunity to acquire them on favorable terms. For instance, we might buy something immediately if we're told that it's the last one, or that a special offer will soon expire.
They are pretty simple yet effective but they can also be used to manipulate so be careful how you use them and why.
Author: Matthew Tukaki, EntreHub Editor
Images: Sourced from "MindTools" with additional content
You can’t go past a news paper, radio show or television news story these days without being flooded by all things Bitcoin or Crypto Currency. Some say it’s the new world of money while others suggest its all just a passing fad. Whatever your position or preference of...
This week I announced a suite of measures for the Government to consider when it comes to small and medium sized business and what we can all be doing as we start to look at emerging from the COVID19 lockdown. The reality is that a good number of small business owners,...
As someone who has been working in suicide prevention for some years now i know that often having a simple conversation can make all of the difference when a loved one is doing it tough. COVID 19 and the lock down tends to amplify how we feel when we are isolation or a...
We know that mob out there are uncertain as to what the COVID-19 / Corona Virus means for them – this can cause us all to panic and some in community more so that others. Panic attacks can compound the situation so we gather some information about what you can do now t...
Don’t forget our elders can suffer in silence too: suicide prevention
Many people think that mental health and suicide are not topics that impact our elders but they could not be more wrong. The data tells us there continues to be an emerging trend when it comes to peop...