Tag Archive for: scarcity

When Setting Sales Goals Always…

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I’m a big Jeffrey Gitomer fan. If you’ve read my blog for long then you’ve probably seen his picture and read some of his quotes. I find his writing style unique, entertaining and most importantly, educational. I’ve used his material in my sales training and frequently recommend his books. I also put my money where my mouth is because I own all of his books. Yup, I have the Little Red Book, Little Black Book, Little Gold Book…I have all those Little Books. And I own a copy of The Sales Bible. It’s not the leather bound, King James edition with my name engraved in gold, but it’s worth its weight in gold…if you do the things Gitomer suggests.

I think I’ve painted a clear picture; I’m a Gitomer disciple. But, even though he wrote The Sales Bible and I’m a disciple, I recognize Gitomer is human and makes mistakes just like all of us. Some of you who are his followers might be shouting at me through your PC, “Blasphemy! Away with him!” Please read on before you excommunicate me.

Several weeks ago, in his weekly Sales Ezine he posed the following question about goal setting, “When setting goals in sales, you should always:”

A. Write them down and tell others.

B. Reward yourself when you reach them.

C. Make them reasonable.

D. Never set them too

While there is some validity to each answer, I chose answer A, “write them down and tell others,” because that’s a proven method for success and therefore holds the most potential. In fact, out of more than 4,000 responses, 60% of people made the same choice that I did. However, to my surprise Jeffrey’s “correct” answer was B, reward yourself.
I won’t dispute that for some people a reward might help them stay the course and achieve their sales goals. It might be personally more motivating for Jeffrey because he’s a highly self-motivated individual. Unfortunately I don’t think the same can be said for the majority of salespeople let alone people in general. The research in social science is very clear; the principle of consistency is a HUGE motivator for people to follow through on prior commitments. Because people feel an internal pressure to do what they say, making goals public will help many more people reach those goals as compared to others who set goals but keep them private. In Dr. Robert Cialdini’s book Influence Science and Practice, in the chapter on Commitment and Consistency, a study by Morton Deutsch and Harold Gerard is cited on this very subject. Results from their study were clear, “students who had publicly recorded their initial positions most resolutely refused to shift from those positions later.”

Organizations that try to get people to change bad habits (over-eating, smoking, etc.) have taken advantage of the principle of consistency by having people make public commitments then sharing those commitments, with friends and family. Here’s a simple rule to remember; people live up to what they write down.One more way to increase the odds of reaching your goal would be to incorporate the principle of scarcity as opposed to rewarding yourself. A reward is a nice thing but too often we can forgo rewards and not feel bad. However, when we think we’ll lose something, research has found our motivation changes rather dramatically. How can you incorporate scarcity? Try putting $100 of your own money on the line. Go to the bank, get a nice crisp $100 bill and give it to a trusted friend. Tell your friend, “Look, I have a goal I really want to meet. If I don’t meet the goal you have my permission to give the money to [name a charity]. But, if I meet my goal you have to give me my $100 back.” That’s a win-win because if you succeed that’s great. If you don’t, a worthy cause benefits.

So here’s the deal; whatever you choose to do, if you truly want to succeed, start by setting a goal. But don’t stop there, write out your goal then make it known to others. By doing this you’ll take advantage of the principle of consistency because it’s in your nature to begin with. Then ramp it up a bit by putting something of value on the line. Oh yes, and when you reach your goal, take Jeffrey’s advice and reward yourself with the cash you got back because you’ll have earned it.

Influencers from Around the World – Scarcity at Italian Weddings

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This month’s Influencers from Around the World post is from my friend Marco Germani. Marco is from Rome, Italy, and will be sharing an interesting story about persuasion and Italian weddings. The wedding photos are from Marco and Monika’s wedding last summer. They’re expecting their first child this summer. I’m sure Marco would love to hear from you so reach out to him on Facebook, LinkedIn and Twitter.
Brian
Helping You Learn to Hear “Yes!”

Scarcity at Italian Weddings
I recently tried an interesting application of the principle of scarcity at the wedding of a couple of friends here in Rome, where I live. It is common practice in Italy that, when a wedding takes place, beside the “official” photographer of the event, a “clandestine” photographer magically shows up outside from the church. This guy, with no authorization at all, takes pictures of all the guests as they are entering the place, asking them to pose for him and playing on the fact that they don’t really know whether he is the official photographer or not. He then takes a quick picture of the bride and groom at the very beginning of the ceremony and then rushes to a mobile photo studio parked in the back of the church, to very quickly create nice cardboard-framed pictures of each guest, close to the picture of their newly-married friends.
When the celebration ends, the fellow waits for the guests to exit the church and, one by one, propose them to buy his newly-made artwork, usually for a price of about 8 Euro. As strange as it might appear, this technique works wonders and these guys usually sell almost every picture they’ve taken. The reasons being that people see in front of them a picture of themselves, nicely carved in a paperboard frame and close to the picture of the bride and groom and, for the principle of reciprocation, enhanced by the surprise (most people don’t go to weddings every day and are not aware of this technique) feel a certain compulsion to buy and to pay the overpriced amount. I have to add these pictures are after all a nice souvenir of the event, so I am not against this service, even though I think it is presented in a questionable way.
Being aware of how the principle of scarcity works, during the specific event I recently attended, I decided to try and use it at my own advantage. When the photographer proposed selling the picture to me, I kindly declined and moved away from him. I then waited for him to complete all the sales and, when he was done, I approached him again. At this point, he had in his hands only a few pictures of people who didn’t buy and those pictures were absolutely worthless for him, probably ready for the dustbin. I told him I was still thinking about buying the picture but that I thought the price was too high. He immediately proposed me a price of five Euro. At this point, I casually pulled out from my pocket four one Euro coins (which I had previously prepared) and told him I only happened to have four Euro in coins, would that do for him? He grabbed the coins in a split second, gave me the framed picture and we were both happy campers!
Now, I have to specify that, having a friend who works in photography, he previously explained to me that the cost to print the picture, for the photographer, should have been around two Euro, so, considering myself an ethical persuader, it was my duty to offer a price which also included a reasonable profit margin for the “smart” photographer, granting me the best buying price at the same time.
Marco

SuperFreakonomics and Monkey Business

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Have you read SuperFreakononics yet, the follow up to Freakonomics? If not you’ll want to pick it up because it’s an interesting way to apply economic theory to different aspects of life. If you enjoyed Freakonomics, you’ll like SuperFreakonomics too.

I’m not here to plug the book, rather, I want to share something I found fascinating that relates to the Principles of Influence I share each week in this blog. What I’ll share has to do with scarcity, the principle of influence that tells us people are motivated to action when they believe something is rare or becoming less available.

Another aspect of scarcity is this – people tend to be more motivated to action when they stand to lose something as opposed to when they stand to gain the very same thing. For example, if I’m selling a product and tell potential customers, “If you don’t buy our product, you’ll lose $750 dollars a year,” that will persuade more people to buy the product than if I said, “If you buy our product you’ll save $750 a year.” Think about the mental picture for a moment. The first appeal, losing, makes most people think about reaching into their pocket and handing over their hard earned money. I don’t know about you but that’s something I don’t particularly like doing so I’ll do what I can to avoid it.

The last chapter of SuperFreakonomics is called, “Monkeys Are People Too.” I almost skipped it and I’m sure glad I didn’t! It deals with whether or not monkeys can be taught how to use money and place value on things as humans do. In the case of monkeys, it was valuing treats.

It turns out they can learn the money/value concept so the person teaching the monkeys tried different things to see how far reaching their grasp was. One way they tried this was gambling. The monkeys could literally bet, possibly winning more treats, or possibly losing treats.

What really fascinated me was this – the monkeys responded more to the potential gambling loss than the potential gain which led the authors to write, “A rational monkey wouldn’t have cared, but these irrational monkeys suffered from what psychologists call ‘loss aversion.’ They behaved as if the pain from losing a grape was greater than the pleasure of gaining one.”

Just like people, monkeys seem to be hard-wired to avoid loss more than they are attracted to pleasure. And here’s another way they are very much like humans in this regard; the authors went on to write, “people make the same kind of irrational decisions at a nearly identical rate.” There are a few other fascinating insights with the monkeys – how they used the money and how it changed their behavior. They quite literally engaged in “monkey business” but I’ll leave it to you to read that on your own.

So what does this mean to you? First, as I’ve shared before, the principles of influence do not guarantee everyone will do what you want. But, ethically employed, utilizing the principles can make you much more successful. I write that with confidence because scientific studies show this to be the case.

With a principle such as scarcity, things are going on inside our brains that quite often we’re not aware of. Whether on a conscious or subconscious level, we want to avoid pain and obtain pleasure. The key thing to remember is this – most people want to avoid pain more than they seek to obtain pleasure.

And now we come to the take-away; next time you want to motivate someone to take action, and you can phrase your request in such a way that has an upside or a downside, you’ll be more likely to hear “Yes” by telling them about the downside as opposed to the upside. (Drawing by Michael Franzese, Franzeseinklings)

I’ll end by saying, this approach has nothing to do with being a positive or negative person, this is about being successful or unsuccessful with regard to your attempt to influence people. Agree? Disagree? Leave a comment below to let me know what you think.

Brian
Helping You Learn to Hear “Yes!”

Why Black Friday is One of the Biggest Shopping Days of the Year

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Is Black Friday the biggest shopping day of the year? Retailers and the media might lead you to believe so but that may not be the case, at least according to one Wall Street Journal blog. Whether it is or isn’t, Black Friday is one of the biggest shopping days and by the time you read this it will be just days away.
Yes, Friday November 27th, a.k.a “Black Friday,” will be the unofficial start of the Christmas season as throngs of people make their way to malls all around the country trying to get the best deals possible on holiday gifts.

It’s not too much of a stretch to say people will act like crazed fans at a football game or soccer match. It’s not uncommon to hear of people coming to blows over items, pushing each other out of the way to get to toys, trampling one another and in one very unfortunate case a man actually died as a result of the shopping frenzy. That’s right, last year a Wal-Mart employee was trampled to death as shoppers pushed their way into the store. So much for the season of giving and the spirit of joy!

What causes seemingly normal people will do some very abnormal things in hopes of getting the right gift or best deal? Why would someone stand in line for hours waiting for a store to open when they could visit that same store almost any day of the week? And why to people get up hours earlier than they normally would on their day off?

I contend the madness is because of scarcity, the psychological principle that tells us people value things more when they appear to be less available. This almost automatic response can be triggered by time constraints and competition for a limited number of items.

Black Friday taps into scarcity using the time constraint because it’s one day a year. Miss it and you might have missed the best deals of the season. But then again, you might not have missed out because sales only seem to better as Christmas approaches and retailers look to unload merchandise. Nonetheless, over the years the lure of Black Friday has increased immensely and retailers have taken advantage of the popularity of Black Friday by opening earlier and earlier each year. This year some stores will open at 12:00 AM, the moment the clock strikes midnight because Thanksgiving will be over and it will officially be Friday.

Competition isn’t limited to the playing field or court. No, when it comes to shopping competition is alive and well, fed into by retailers. Here’s how the competition part works – no longer is it good enough to just get to a store because if you are not there when the store opens they might run out of the thing you want. Limited availability is different than limited time so while you might have all day Friday to shop, certain items, those marked “While Supplies Last” or “Limited Availability,” might be gone by the time you arrive at 5 AM or 6 AM. Can’t let that happen now, can we?

It’s amazing how people respond because little Jimmy probably doesn’t remember that great toy you got him three years ago, the one you headed to the mall at 4 AM to buy. And sweet Sally probably can’t tell you which American Girl doll you got her when she was eight years old but it’s a good thing you stood in line for several hours to pay for it.

Here’s another eye opener. People will say, “But I saved $200!” Saving money is great but many of those same people would not drive across town to save $200 on a car because a $200 savings on a $20,000 car by comparison isn’t worth the extra time and effort. So
they spend four hours negotiating a car deal, could go across town and maybe spend another four hours to save $200, but they don’t. Sure, it’s an eight hour investment but many of those same people will spend more than 12 hours at the mall just to save $200. It doesn’t make much sense when you lay it out like that but then again, people are Predictably Irrational as Dan Ariely wrote about in his book by the same title. By the way, the real value of the car savings would be closer to $260 because of the interest over the life of a 5%, five-year loan.

So where am I going with all of this? I’m not going to tell you not to shop. For some people Black Friday shopping has become as much a holiday tradition as Thanksgiving, getting a Christmas tree and listening to holiday music. I’d only challenge you to consider if it’s really worth the hassle – the lost sleep, extra time as the mall, traffic, fighting for a parking space, the disappointment when someone bought the last item you wanted, etc. I could go on and on but you get the point. Just think for a moment, “Would I normally respond this way? Do I want to respond this way?” Then decide what you want to do next.

If you know you’re going to give into the madness then I’ll try to save you a little bit of time by giving you the Black Friday web site so you can get a sneak peak at some of the deals that will be out there. Before all the craziness starts I’ll end with this – I hope you have a very Happy Thanksgiving and a safe time no matter what you decide to do.

Brian
Helping You Learn to Hear “Yes!”

Arouse an Eager Want

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Question: Would you rather do something of your own free will or be forced? I’m going to guess all of you said you’d prefer to exercise your free will. That’s not to say we all can’t stand a good kick in the seat of the pants every now and then. I’m thinking of my old high school football coach as I type that! We can always be pushed to do a little more than we think we’re capable of but that’s not what I’m talking about here. What’s important is this difference; if I’m forced to do something I’ll probably stop doing it the moment the force, or threat, is removed. However, if I do something of my own free will I’m likely to continue in that behavior, especially if I enjoy some benefits.

Dale Carnegie also understood that people want to exercise their right to choose and that’s why he encouraged readers to arouse in the other person an eager want. It’s usually fun and enjoyable to do things when we want to do them but quite often people don’t want to do what’s asked of them. So how do you make someone want to do the thing you’re asking of them? A few thoughts come to mind.

In sales we jokingly say everyone’s favorite radio station is WIIFM. That stands for “What’s In It For Me” and it’s where everyone’s attention is tuned in almost continually. Let’s face it, first and foremost people think about how they will be impacted by things. I once heard a psychologist build on the WIIFM concept by adding everyone’s favorite song to the mix, a derivation of Willy Nelson’s classic, “You were Always on My Mind.” Paula Butterfield, addressing a leadership group at Franklin University several years ago said people’s favorite song was, “I was Always on My Mind.” Every person you meet is thinking, “How will this affect me?” That means you have to think about how to put things in terms that will appeal to them.

Understanding the other person and what they want, hope for, desire – what motivates them – is key. While this seems simple, how many times have you seen people try to motivate others in ways that motivate themselves? It’s not about YOU, it’s about them. If making more money is your thing that’s not necessarily someone else’s carrot. The same could be said for title or position. Not everyone wants to be a VP, company owner, head coach or some other highly visible position. For some people that motivation is easily seen and tapped into but when it comes to others you have to pay close attention. What do people talk about? What do you observe in their office or home? For some people the motivation is a sense of belonging, knowing they’re making a difference, family, hobbies, etc.

Once you know what that motivation is, your next step is to align your request with it somehow. This is the concept of consistency; the principle that says people are likely to act in ways that are consistent with what they’ve said or done in the past. If another person sees how what you’re asking ties into what’s most important to them then they’re likely to tackle it with more enthusiasm and more likely follow through. That’s the principle of consistency at work. For example, many kids don’t enjoy the work that comes along with college but they might have career aspirations. Tying in how coursework or grades might help them realize their dreams will make them a little more eager to do well.

Sometimes making something seem special, something not many people can have, or do, is what does the trick. This taps into scarcity, the principle of influence that tells us people are motivated to action when they fear losing an opportunity. This isn’t new to the human condition. Mark Twain wrote of Tom Sawyer in The Adventures of Tom Sawyer, “He had discovered a great law of human action, without knowing it – namely, in order to make a man or a boy covet a thing, it is only necessary to make the thing difficult to attain.” This came about because Tom didn’t want to paint a fence. He convinced the other kids to do it when he made it seem special. All of a sudden they all wanted to do it.

So we’ve now covered three fundamental techniques for handling people:

  1. Don’t criticize, condemn or complain.
  2. Give honest, sincere appreciation.
  3. Arouse in the other person an eager want.

In the weeks to come we’ll explore Dale Carnegie’s six ideas to get people to like you. In the meantime, I’ve love to hear your thoughts about arousing an eager want in another person so feel free to leave a comment below.

Brian
Helping You Learn to Hear “Yes!”

What’s Your Worldview?

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I’ve been thinking about my “worldview” lately, so I’ll pose this question to you, “What’s your worldview?” When I think of the term “worldview,” I think about how people try to make sense of what they observe others doing. I’m a pretty religious person and I have a worldview that first and foremost centers around my Christian faith. My faith colors perception of the here and now as well as the afterlife. But I also view things through another lens – influence.

Let me explain a bit further. I’m curious about why people do the things they do. I’m also interested in getting people to go along with my ideas and suggestions. Just like you, I want to hear people say “Yes” when I ask them to do something. That person could be my wife, my daughter, a coworker, vendor or the checkout person at the store.

I was working with someone today and we covered material on influence. I told this person about the science behind influence. I didn’t want her to think it was just grandma’s good advice (not that grandma’s advice was bad; she seems to have been right most of the time!) because it was grounded in real life scientific studies. Those studies don’t give me the ability to predict what you or any other person will do in particular situations because we are complex beings with a lifetime of experiences that shape us and our behaviors. But I can say with certainty that I communicate with confidence and take certain actions because I know my influence approaches will make me more successful on the whole.

There’s more than 60 years of social science to back up my last statement. If you pick up Influence Science and Practice, Yes: 50 Ways Proven Ways to be Persuasive, Maximum Influence or any number of other books on influence and persuasion you’ll see the studies. For example, one restaurant owner saw no shows dropped from 30% to 10% because of two simple words. In another study nearly twice as many people completed a survey because of something they were asked immediately prior to the survey request. Or how about the person who saw a 610% increase in sales because he instructed his salespeople to include some truthful, relevant information!

I can’t tell you how many people will attend your next meeting, and I certainly can’t tell you which specific people will say “Yes.” However, I can tell you things to do, and things to avoid, so you’ll know you have the best chance of maximizing attendance. I can’t tell you if you say or do one particular thing that your child will clean her room, or your boss will give you a raise. But I can tell you things you can do that will increase the odds of both.

Because I’ve seen the studies and experienced the results personally, I’m a believer! My worldview helps me explain an awful lot of why people do what they do. Not everything can be explained by reciprocity, liking, consensus, authority, consistency and scarcity but I’m amazed by how much can!

Earlier I wrote that a worldview was in essence the lens through which I view much of the world. I remember when I was a teenager getting glasses. I didn’t realize my eyesight was poor until I went to the optometrist. I simply figured everyone saw things the way I did. When I got that first set of glasses – WOW! All of a sudden, I could see blades of grass, leaves on trees and so much other detail. I didn’t realize what I was missing. That’s what the lens of influence has done for me. I’m not interested in doing research; I’m interested in understanding it so I can make sense of the world around me and the actions of others. I also enjoy taking the concepts and applying them to different situations to see if they can make me or my coworkers more successful. Now, because of this blog I get an opportunity to go beyond those boundaries. Thanks to Google Analytics, I can see people in nearly 40 countries follow this blog. That excites me!

So, I guess this week’s post wasn’t so much about persuasion tips as it was insight into my mind, my worldview. I would like to take this time to say thanks to all of you who read, who’ve commented and who’ve emailed me with questions or to just say how much you’ve enjoyed reading. That means a lot to me and without a doubt makes my day. Keep looking for posts every Monday at 5:30 p.m.

Brian
Helping You Learn to Hear “Yes!”

Coming to Terms

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I thought it would be good time to review some influence and persuasion terms with you. A few of these you’ve seen in some past blogs and others you will certainly see in future posts.

Understanding and ethically applying these psychological principles doesn’t guarantee everybody will do what you want. After all, they don’t represent some kind of magic wand. However, I can say with certainty; if you employee these more strategically and regularly you will hear more people say “Yes!” to your requests.

As you read through these you might think, “That doesn’t apply to me” or “I don’t fall for that.” That assessment may be true quite often but certainly not all the time. To get you to critically think it through I’ve added a question after each principle to give you cause to pause and think. While you may have seen right through some manipulative person’s attempts to persuade you, I’m willing to bet there are other times where you were influenced into action without even knowing it.

Reciprocity – Some might describe reciprocity as the “good old give and take principle” or “you scratch my back and I’ll scratch yours.” This principle describes the internal pressure we all feel to return the favor. At its most extreme it might be the person trying to think of a way to repay someone who saved their life. For most of us it’s as simple as picking up the tab at a restaurant because our friend got it last time. Have you ever sent someone a Christmas card because they sent you one first? If so, it’s because of reciprocity.

Liking – In business there’s a saying, “People like to do business with people they like.” Jeffrey
Gitomer, sales trainer and author, likes to say, “All things being equal, people want to do business with their friends. All things being not so equal, people still want to do business with their friends.” We like to be around people we like and they naturally have more influence on us than those we don’t know or don’t like. In turn, the more likable we are the more persuasive we’ll be. Have you ever bought something because a good friend recommended the product or service?

Consensus – A farmer would say we’re like cattle because we like to “mooove” with the crowd. When we see lots of people taking action, or people just like us, quite often that’s enough to get us to go along with the crowd. You’ll also hear consensus referred to as “social proof.” Be honest now; have you ever stood up during a standing ovation when truthfully, you didn’t think the performance deserved it? If so, it’s because you were moved along by the actions of others.

Authority – We don’t have enough time to weigh all the decisions that come our way so quite often we defer to people we view as authorities, or experts. In fact we do so with such regularity that studies show our brain activity actually slows down when experts tell us what to do! In other words, critical reasoning can go right out the door! Experts need not be actual people either. Have you bought something, perhaps a car or major appliance, primarily because Consumer Reports rated the vehicle high?

Consistency – We all feel an internal pressure to live up to our promises. We feel good about ourselves when our words and deeds match, when we’ve done what we said we would. Have you ever found yourself doing something, not because you really wanted to (i.e., help someone move), but because you gave your word?

Scarcity – When we sense something is becoming less available or diminishing in some way, there’s something in us that all of a sudden wants the thing even more. When was the last time you rushed out to the store because you suddenly remembered, “Sale Ends Sunday!”? If that was you it’s because you were motivated by the potential loss of an opportunity.

Compare and Contrast – Did you know two things can appear more different than they really are depending on how they are presented? Considered for a moment how that might impact your decision making. For example, you go to the store to buy something and you’re not sure what that item might cost. When you arrive you see a sign that states, “Normally $150, now only $99!” By comparison $99 appears to be a very good deal. I’ve hear people justify purchases like that because “it was too good a deal to pass up.”

So there you have it, the layman’s overview of several psychological principles than affect us all to one degree or another every day. Most of the time these principles impact us in such subtle ways that we’re not aware of it and yet they’re major factors in our decision making. As we continue our journey together I think your eyes will be opened to how politicians, marketers, salesmen and so many others try to persuade you to do what they want.

Brian
Helping You Learn to Hear “Yes!”

What Chevy Chase Didn’t Do Before Vacation

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I’m sure many of you reading this remember the classic movie Vacation where Chevy Chase played the well meaning but inept family man, Clark Griswold. This week I’m going to share a principle of influence with you then give you a great idea, something Clark Griswold probably didn’t do but you can.

Did you know most people are more motivated by what they stand to lose as opposed to what they might gain? That’s right, people presented with the same opportunity will take you up on that opportunity more often when it’s presented in terms of what they might lose rather than what they stand to gain or save. For example, talking about the money someone might save using your product will not be as big a motivator to buy the product as it would be if you told them how much money they’ll lose if they don’t buy it. “Mr. Customer, if you install our thermal sealed windows you’ll save $300 on your electric bill over the next year,” will not sell as many windows as, “Mr. Customer, if you don’t use our thermal sealed windows you’ll end up paying $300 more on your electric bill over the next year.” It’s really the same thing just stated in a different way.

This all goes back to a psychological principle of persuasion known as scarcity. We are motivated to action when we see something that’s rare or when we believe something will suddenly become less available. It creates in us a greater desire for the thing that’s perceived to be scarce. If you doubt that just think about how much we take people for granted until we lose them or fear we might lose them.

Okay, so perhaps you’re wondering, “How does scarcity tie into Vacation and Clark Griswold?” As I write this we’ve unofficially entered summer because we’re into the first week of June. For those with families it means kids will soon be out of school and summer vacations are just around the corner. That also means many of you will leave work for a week or two in the coming months. You can tap into the scarcity principle to make your vacation a little more enjoyable, provide great customer service and possibly land (or prevent losing) some accounts.

In the past, before you’ve left for vacation, have you ever contacted all of your customers a week in advance to let them know you’d be gone? If you haven’t don’t feel bad because I’m willing to bet 99.9% of people don’t do that even though email and customer lists make it very easy to do. Most people simply tell co-workers they’ll be gone, change their voicemail and turn on the out-of-office message. Think for a moment about what would happen if you took the extra time to contact your customers to let them know a week in advance that you’ll be gone and when they can expect you back.

Doing this allows you to tap into scarcity because I guarantee customers will call or email you very quickly saying something like, “Thanks for letting me know you’d be gone because I really need to talk with you about…”

You may not have ever considered this before but you are a scarce resource because many people depend on you. If those people know you won’t be around much longer that simple fact will change their behavior just like your behavior is changed when you hear or read, “Sale Ends Sunday” or “Only While Supplies Last!”

 

With those calls and emails come your opportunities to land new business and possibly prevent losing some. After all, if a customer needs you they might not want to talk with someone else in your absence. To them that could be the right time to give the other guy, the one who’s begged for their business, a chance. But you can prevent that from happening!

 

And here’s another cool thing. When those people thank you, it’s your chance to strengthen your personal brand so don’t blow them off with something stupid like, “No problem” or “I’d have done it for anyone.” Both of those statements devalue what you’ve just done for them.

 

A better response would be, “That’s part of the great service you can expect when you deal with me. Can I ask you a quick question? Don’t your other suppliers (reps, agents, etc.) let you k
now in advance when they’ll be gone and when they’ll be back?” The answer to that will be, “No, they don’t.” Bingo, you’ve not bad mouthed the competition but you’ve set yourself apart by comparing what you do to what your competitors don’t do.

 

Maybe if Clark Griswold had done this he would have been a little farther up the food chain at work and could have afforded some nicer vacations!

 

Brian
Helping You Learn to Hear “Yes!”

Make Your Next Event the One Everybody Attends

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As a kid I remember my mom saying things come in threes. I don’t know if there’s any scientific validity to that but it always seemed like famous people died in sets of three. Right or wrong, superstition or coincidence, what my mom said stuck with me. So, when I recently noticed three similar things occurring in a relatively short period of time I thought I should write about it in this week’s blog.

What I’m going to share might just help your next event be a little more successful, and a little better attended, because of the power of persuasion.

A good friend asked me to review an invitation she was getting ready to send for an upcoming webinar. Part of the invitation read as follows:

“Registration limited to only 20 organizational teams, and 4 teams have already signed up.”

Mentioning the limited seating was good use of the principle of scarcity because people are motivated to act when things they want appear to be limited, rare or dwindling. The fact that only 20 teams would get to participate should motivate people to sign up rather quickly so they won’t miss out on what could be a great learning opportunity.

However, mentioning only four teams had signed up was working against my friend because it was not a motivator to sign up. In fact, it was a demotivator because it goes counter to another principle of influence known as consensus.
Consensus is the name for the psychological principle that tells us people look to others when deciding what actions to take, especially when they’re not quite sure what to do. With kids we call it “peer pressure” but that same psychological pressure is at work on us as adults, too. If we see many people, or people similar to ourselves, doing something, we tend believe it’s probably the right thing to do and quite often we go along with the crowd. If you don’t believe that then ask yourself why you stood up last time there was a standing ovation for some event that really, you didn’t particularly care for.
Consensus can help motivate people to action but it can also work in reverse. If we don’t see many people doing something then we might not be inclined to do it either. For example, talking about what a shame it is that so many people don’t vote only legitimizes not voting in the minds of many people. As far as my friend’s invitation, although four registered teams before the official invitation went out was a good thing, my advice was to change the wording, or remove it altogether, because people receiving the invitation might see that as a lack of participation and decide not to sign up.
At the beginning of this week’s posting I said three things came to my attention so here are the other two. These were also invitations to public events but they differed slightly from the previous example. When I went to sign up for these events there was a section at the bottom of each registration page with a list of attendees. Because I went to the registration sites as soon as I got the email invitations I noticed there were no attendees listed on either Web page. Falling back on my understanding of consensus I knew that was not going to motivate anyone to sign up and could actually be a deterrent.
As I’ve been writing this I just saw another invitation, this for a networking event, and 53 were signed up to attend and another 21 were interested. Those numbers will most likely entice others to join the crowd.
Consider this for just a moment; what would you think if you went to register for some event you thought was going to be a big deal but only saw a couple of people on the guest list? You might not feel the event will be worth your time. So here’s my suggestion; if you use Web sites that allow you to show people who’ve registered, don’t show the list until some critical mass is achieved. Otherwise it will probably work against you. Doing this might just make your next event the one everybody wants to attend!
I welcome your feedback so click on the comments link below and let me know what you thought of this week’s article.
Brian, CMCT
influencepeople 
Helping You Learn to Hear “Yes”.

Cruising along with Influence

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With influence we’re focusing on Powerful Everyday Opportunities to Persuade that are Lasting and Ethical. How exactly can we do that? My wife and I are going on a cruise this week so I can share a couple of real examples from cruises we went on in the past.

Many years ago while cruising we had a full day at sea which meant all the action was going to be poolside that day. Knowing that, we arrived at the pool early so we could get couple of lounge chairs and save a few seats for some fellow State Auto employees. Success was ours as we landed several lounge chairs right next to the pool!

Late morning we decided to go play a bingo ticket because it was potentially worth $5000. The odds of winning were slim but scarcity, the fear of losing out on the chance for the big prize, motivated us to go to the bingo area and play the odds.
We were gone approximately 30-45 minutes and when we got back to the pool, low and behold, people were laying on our chairs! I politely asked them to move because they were sitting in our chairs but they refused. I reminded them the clothes, books and other items they’d put at the foot of the chairs were ours and they were obvious indicators the chairs were being used.
They refused to move and the young pool attendant would not help us out because he said we’d been gone more than 30 minutes. Without going into more detail, suffice it to say, the exchange that took place about the loss of the poolside chairs pretty much ruined our afternoon.

So what’s this have to do with persuasion? Plenty, because after learning about persuasion we were able to avoid a repeat performance. The following year we were facing the same situation, a day at sea which meant another early trip to the pool. As we enjoyed the morning a young couple took one of the last lounge chairs available which happened to be next to us. While the wife leisurely stretched out and enjoyed the sun her husband was relegated to sitting at the foot of the lounger as he read his book.

When lunch rolled around we wanted to go to the schooner lounge to eat. Leary of coming back to no chairs I turned to the young couple as asked, “Would you mind watching our things because we want to grab some lunch?” As any nice couple would, they agreed.

Because I understood the psychology of persuasion I knew I’d tapped into something called consistency. Consistency is the psychological pressure we all feel when it comes to our words and deeds. When we give our word we feel good about ourselves when we keep it. How do you think that young couple would have felt if we’d come back to find strangers sunning on our chairs? If they’re like most people they’d feel bad. I was banking on the fact that no one wants to feel that way and it would prompt them to take appropriate actions to ensure the chairs were waiting for us when we returned.

After they agreed to watch our chairs I told the young man he was welcome to stretch out on one of our chairs while we were gone, which he was eager to do. Now that I’d given him something I’d engaged reciprocity, the psychological principle where we feel obligated to give back to someone who’s given us something. Because I’d given him use of our chairs I knew he’d be even more likely make sure no one tried to take our place.

I got a double whammy for my efforts because I engaged consistency and reciprocity. What you’ll find is quite often it’s possible to bring multiple influence principles to bear in a situation and when you can do so it significantly increases the odds of hearing someone say “Yes” when you make a request.

As you might expect, we enjoyed our lunch and returned to the pool later to find our lounge chairs waiting for us which made for a great afternoon! These are the types of real world application I plan to share as you continue this persuasion journey with me. I welcome your feedback so just click on the comments link below to let me know what you thought of this week’s article.

Brian, CMCT
influencepeople 
Helping You Learn to Hear “Yes”.