Have ever you found yourself driving down the road, lost in thought or just enjoying some music, keeping a safe distance between you and the next car when all of a sudden someone comes barreling up the lane next to you and obviously wants to get over? When that happens, do you sometimes find yourself unconsciously speeding up? Maybe you’ve done so with conscious thought.Or how about when traffic is restricted due to road construction. You’ve waited patiently as cars inch along and next thing you know, someone goes as far to the front as they can get then they expect someone to let them in. Have you found yourself not being the one to let them in because you think, “If I had to wait they can wait, too!”These are just some of the many familiar situations you can find yourself in where competition begins to affect your thinking and behavior. No need to feel bad if you do speed up a bit or don’t always let someone over because it’s evolutionary. You see, you’re simply responding to the principle of scarcity – we want more of what we can’t have and we react negatively to what we might lose. That loss could be as simple as our place in line on the highway.When it comes to scarcity, competition ramps up the effectiveness of this principle of influence. When you saw the person coming up on the highway you were in competition with them for the spot in line and their desire to get ahead of you made you more determined not to lose.Think about something as simple as a sale. “Sale Ends Sunday” is a form of scarcity. You can take your time getting to the store because you know you have until closing time Sunday to get in on the deal. But what if the ad says, “Sale – While Supplies Last”? Now you realize waiting until Saturday or Sunday might mean you lose out because other people may get to the store Friday. They don’t want to miss out on the great deal and neither do you so you head to the store Friday afternoon also. Scarcity has changed your behavior but competition even more so!Another example might have occurred when you were dating. Isn’t it the case that you value your partner more when you realize someone else is also vying for his or her attention? You might have been considering putting an end to the relationship but the entrance of someone else can sometimes cause you to rethink the situation.When it comes to effectively using the principle of scarcity, limited time offers will motivate behavior but offers that involve competition will be far more effective. With that in mind, you need to think about ways to ethically invoke competition in order to get people to want your product or service even more.Perhaps the best picture of competition for products happens every year the day after Thanksgiving. That day has become known as Black Friday. Limited time deals cause people to wait in line starting at midnight in some cases! You may have seen reports of people fighting and being trampled on in the news as customers rush into stores for great deals on limited quantity items. Seemingly normal, rational people begin to act like animals fighting over the remains of a carcass before it’s all gone! That’s how scarcity works on the mind because competition is a big driver in persuasion. Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.
Setting the Stage for the Up Front Close
If you’re in sales you can probably relate to the following scenario. You met with a prospective client and immediately had great rapport, which opened the door for you to compete for their business. You gathered the necessary information and provided them a better deal than they currently had. They asked for time to think it over and consider a couple of other quotes. Despite all the positive indicators, in a follow up phone call you learned they opted for another provider. You’re left wondering what you could have done differently to seal the deal.Sound familiar? One way to reduce the odds of that happening is to engage the principle of consistency through a technique known as the “up front close.” Consistency is the principle of influence that tells us people feel internal psychological pressure and external pressure to be consistent in what they say and do. Getting someone to commit to you early on exactly what it will take to win their business is what the up front close is all about. It might look like this: “Mr. Smith, I’d like to know exactly what it will take in order for you to move your business to our firm. If I can’t do something you require I’ll let you know right away and save us both time. How does that sound?” Your goal is to find out all the things you need to do for the customer in order for them to make the switch to your company. If you can’t meet the price, delivery date, service requirements, etc., then let the customer know and remove yourself from the sales process as soon as possible. If you think you can meet all the requirements then go for it and use their requirements as leverage during the sales presentation.During a recent coaching call a graduate of one of my Principles of Persuasion (POP) workshops asked how he could easily and naturally work his way into the up front close. That’s a great question because you don’t want to jump right into the up front close in the first five minutes of meeting a potential customer. It takes some finesse but you can do it! Here’s how I would envision using questions in a natural, ethical manner to move into the up front close. Salesperson – It looks as if business is going great and you seem like you’re very busy.Customer – Never been busier but I suppose that’s a good thing in this economy.Salesperson – Agreed, better too busy than not busy enough. With all that’s going on I’m going to guess saving time is pretty important for you?Customer – You bet. I’m usually in here by 7 a.m. and rarely leave before 6 p.m.. I even put in extra time on the weekends.Salesperson – I have many days like that myself. If you’re like most people I talk with buying insurance isn’t high on your list of fun activities. It’s not like planning a vacation or shopping for a new car. Knowing that, I have an idea that might save us both a good bit of time when it comes to your insurance. Would you like to hear it? Customer – I’m all ears.Salesperson – Since the insurance buying process is a necessity I’m sure other agents are competing for your business. While that’s a good thing, you probably don’t want to deal with any more agents than you have to in order to complete the process, right?Customer – Exactly. It’s a necessary evil and time consuming. That’s why we only put it out to bid every two or three years.Salesperson – Here’s what I propose that could save us both time. I’d like to know exactly what it would take in order for you to move your business to our agency. If I can’t do something you require I’ll let you know right away and remove myself from the quoting process and save us both time. How does that approach sound?Customer – I think that’s a great approach.From this point forward the salesperson has to use good questioning techniques to learn the key factors in the buying decision. The conversation should end something like this: Salesperson – We’ve covered a lot of ground today! If I understand you correctly we need to do A, B and C in order to become your new insurance agent. Am I correct?Customer – That’s right, A, B and C are critical.Salesperson – And there’s no other reason you wouldn’t make the switch if we do A, B and C?Customer – Nope. You do those three things and we’re in business together.If you return to the office and realize you can’t do all three just let the customer know right away. But, if you can do all three that becomes you’re leverage to easily ask for the business when you present your proposal. Will everyone say “Yes” at that point? No, because sometimes things change. However, using this approach will get far more customers saying, “Yes” because the psychology of consistency drives them to naturally do that.Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.
A Question is Like a Flashlight
A former coworker and good friend Nancy Edwardsshared an article from Southwest’s Spirit Magazine titled “Chasing Beautiful Questions.” In the article I came across a quote from Steve Quatrano of the Right Question Institute:“A question is like a flashlight that we shine into the darkness, allowing us to move forward into the unknown and uncertain.”I loved the analogy of a question being like a flashlight because it’s so memorable! I also like it because asking good questions is a big part of being an effective persuader. When it comes to the principle of liking – it’s easier for us to say yes to those we know and like – questions are key to finding out what you have in common with another person. What we have in common with someone (similarities) is a proven way to engage the liking principle. Think about people you know who are from your hometown, have the same pet you do, enjoy the same hobbies or root for the same sports team. Studies show it’s easier for them to like you AND it’s easier for you to like them. The end result is it makes it easier for them to say “Yes” to you.You can learn these things a number of ways – ask people who know the person you want to persuade, Google them, check out Facebook, LinkedIn, etc. Or, when you’re with the other person you can shine the light of good questions to try and find out what you have in common so you can use those things to connect.Good questions also come in handy when you want to engage the principle of consistency. This principle of influence explains the reality that people want to be consistent in what they say, do, believe, etc. Typically people don’t resist their own values, attitudes and beliefs. If you know those things and can align your request to show the other person how what you’re asking lines up with those beliefs, values, attitudes, or past behaviors, it will be easier for them to say yes to whatever you’re asking.In much the same way that you discover similarities you can discover these things to engage consistency. Talk to people who know the person you’re tying to persuade, do an online search, and look at Facebook or LinkedIn.One last place questions come in handy is during the sales process, with scarcity. This principle highlights the truth that people respond more to what they might lose than what they might gain. Telling someone what he or she might lose by not going with your suggestion is effective persuasion but there’s a better way. Asking questions that highlight potential loss is a much more effective persuasion strategy. For example, in my industry, insurance, an insurance agent might ask the following of a prospective customer if they discover some deficiency in their insurance program: Agent – If you were to have a catastrophic loss, would you expect the insurance company to completely replace your building?Prospective Client – Of course I would. That’s why I carry insurance.Agent – I thought that would be the case but the reality is you don’t carry enough insurance to fully replace your building. You’d have to pay more than $200,000 out of pocket. Did you know that?Prospective Client – No, I thought I was fully covered!By asking the right questions the agent is shining the light on a dark place, a place the customer had not considered. When the customer voices what he wants that solidifies his desire even more. And this approach drives home the potential loss much more than the agent telling him what he might lose.So whether you want to connect with someone using liking, engage them with consistency or highlight possible loss, good questions are the way to go. They will shine a light to allow you to see things previously hidden and increase your chance for persuasion success. Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.Cialdini “Influence” Series! Would you like to learn more about influence from the experts? Check out the Cialdini “Influence” Series featuring Cialdini Method Certified Trainers from around the world.
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