rejection then retreat, door in your face technique, psychology

8
1 Learn about another Psychology technique that has made some people and businesses very successful Full video can be seen on WebPayload.com

Upload: john-macpherson

Post on 26-Jun-2015

83 views

Category:

Small Business & Entrepreneurship


0 download

DESCRIPTION

Using rejection then retreat technique you can garner more long sales and more effective e-commerce sales

TRANSCRIPT

Page 1: Rejection then retreat, door in your face technique, psychology

1

Learn about another Psychology technique that has made some people and businesses very successful

Full video can be seen on WebPayload.com

Page 2: Rejection then retreat, door in your face technique, psychology

2

Episode 15: Secrets of Psychology 2: Rejection then Retreat

Full video can be seen on WebPayload.com

Page 3: Rejection then retreat, door in your face technique, psychology

3

✓ A young Boy Scout approached and asked if i would like to buy a ticket to an evening with the Boy Scouts.

✓ I declined not thinking of much worse than spending my precious Saturday nights with some teenagers.

✓ The Boy Scout then asked if i would like to buy some chocolate bars.

✓ I accepted his offer.

Story - Chocolate Bars

Full video can be seen on WebPayload.com

Page 4: Rejection then retreat, door in your face technique, psychology

4

Story - Chocolate Bars

✓ How come i had just bought some seriously over priced chocolate bars at £1 each when i:

✓ Don’t like chocolate

✓ Like £’s

✓ Had never met the young fellow before

✓ This is the powerful rule of Rejection then Retreat

Full video can be seen on WebPayload.com

Page 5: Rejection then retreat, door in your face technique, psychology

5

Why does it work?

✓ It works as similar to the rule of reciprocity they are giving something to you. A concession, they are backing down from a deal and giving what seems like an reward to you.

✓ Not wanting to disappoint the seller further and looking to give back in something which they first they have given, we concede and comply to their second less valuable offer.

Full video can be seen on WebPayload.com

Page 6: Rejection then retreat, door in your face technique, psychology

6

Sales story

✓ Mike was selling Snooker tables and always thought of showing the lowest priced table first (£200) then trying up selling to the more expensive tables. (£2000)

✓ This method took in an average of £400 sales.

✓ He then tried showing all customers the most expensive snooker tables at £2000 first then showing the other less expensive tables.

✓ This method increased his average sales to £850

✓ All because of the rejection then retreat technique.

Full video can be seen on WebPayload.com

Page 7: Rejection then retreat, door in your face technique, psychology

7

How does that apply to web design and e-commerce sales on the Internet?

✓ Don’t be afraid to put you expensive items on show

✓ Show them - order by highest price first as the default

Full video can be seen on WebPayload.com

Page 8: Rejection then retreat, door in your face technique, psychology

8

How does that apply to web design and e-commerce sales on the Internet?

✓ Don’t just sell a single product and one option.

✓ Even if they don’t want to buy your £999 product then have another option, even if that is just exchanging an email address.

✓ Many sales and business teams think of the 1 big sale, right now, where a more long term plan with a succession of contacts with them through email, learning more about the product or giving away great free information may be a lot more profitable.

✓ An average e-commerce conversion rate is close to 1%, you want to think about doing something with the other 99%

✓ Even a tiny sale, or email address invokes the commitment and consistency rule which i will cover in a future video.Full video can be seen on WebPayload.com