My Best Sales Tactic (to Make a TON of Money)

00:08:11
https://www.youtube.com/watch?v=bx48qPlaGvE

Resumo

TLDRThe video presents a powerful sales tactic discovered by the speaker that emphasizes building trust with customers through transparency and suggesting less expensive alternatives. This approach, termed 'ghost products', allows salespeople to guide customers towards making decisions in their best interest, fostering a higher close rate. By associating product usage with the customer's existing habits, and providing recommendations that appear selfless, salespeople can create a more cooperative environment. The speaker advocates for the strategy of moving from a transactional relationship to one of partnership, and emphasizes the importance of mastering low-ticket sales before tackling higher-value transactions. Overall, the goal is to position oneself as a trusted advisor rather than a mere salesperson, leading to increased sales success.

Conclusões

  • 🤝 Building trust is key to successful selling.
  • 🔄 Suggesting lower-priced alternatives increases customer buy-in.
  • 📋 'Ghost products' can enhance trust without actually selling them.
  • 🛒 Prioritize low-margin items for gaining trust.
  • 🎯 Align product recommendations with existing customer habits.
  • 📝 Make product usage easy by integrating it into established routines.
  • 💬 The salesperson's intention influences the customer's perception of manipulation.
  • 💡 Mastering low-ticket sales can prepare you for high-ticket transactions.
  • 👥 Move from across the table to shoulder-to-shoulder with customers.
  • 🚀 Create a partnership feeling in the sales process.

Linha do tempo

  • 00:00:00 - 00:08:11

    The speaker shares a powerful sales tactic learned accidentally while selling supplements at a gym. By recommending cheaper alternatives and being transparent about product availability, they gained trust from customers, leading to higher sales. This approach, termed 'ghost products', involves suggesting low-margin items to build rapport and trust, ultimately resulting in customers purchasing higher-margin products. The speaker emphasizes the importance of acting in the customer's self-interest to foster trust and suggests integrating this tactic into a broader sales strategy, focusing on creating a vision for the customer and associating product use with their existing habits. This method not only enhances sales effectiveness but also positions the salesperson as a trusted advisor, facilitating smoother transactions and better customer relationships.

Mapa mental

Vídeo de perguntas e respostas

  • What is the main sales tactic discussed in the video?

    The main sales tactic involves suggesting customers consider purchasing products from elsewhere or offering lower-margin alternatives to build trust.

  • How did the speaker discover this sales tactic?

    The speaker discovered this tactic accidentally while selling supplements and noticing how being honest about product availability led to higher sales.

  • What are 'ghost products'?

    'Ghost products' are products that a salesperson suggests to customers as alternatives to gain trust, even if they don't carry them.

  • How can salespeople use existing habits to help sell products?

    Salespeople can associate product usage with existing habits, making it easier for customers to incorporate them into their routines.

  • What does the speaker mean by 'sacrificial lambs'?

    Originally called 'sacrificial lambs', these are products recommended to customers that the salesperson doesn't intend to sell, but which help build trust.

  • What should salespeople prioritize when recommending products?

    Salespeople should prioritize lower-margin products to give away, while keeping higher-margin products for themselves.

  • What is the goal of the salesperson according to the speaker?

    The goal is to move from a position across the table to shoulder-to-shoulder with the customer, making decisions together.

  • How can salespeople enhance their selling skills according to the video?

    By engaging in low-ticket transactions repeatedly to build experience, which prepares them for higher-ticket sales.

  • What is the significance of product prescriptions in sales?

    Creating a product prescription helps guide customers on how to use products effectively, increasing the likelihood of purchase.

  • What is the relationship between intention and manipulation in sales?

    Positive intent to genuinely help customers can be seen as a form of manipulation, distinguishing it from negative manipulative tactics.

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Rolagem automática:
  • 00:00:00
    I want to tell you about the most
  • 00:00:01
    powerful sales tactic that I have
  • 00:00:03
    learned I never learned it from a book I
  • 00:00:05
    actually learned it by accident and it
  • 00:00:06
    will be included in the 100 million
  • 00:00:07
    dollar sales book when it comes out and
  • 00:00:09
    so you heard it here first but it's a
  • 00:00:10
    concept that you can do as a salesperson
  • 00:00:12
    to gain trust and I stumbled into this I
  • 00:00:14
    ended up selling a hundred percent of
  • 00:00:16
    people after I made this one switch and
  • 00:00:18
    how I sold and I was able to teach it to
  • 00:00:20
    people who'd never sold before and they
  • 00:00:21
    were able to close 80 90 of people who
  • 00:00:23
    are coming in the door mind you this is
  • 00:00:25
    a retail environment selling physical
  • 00:00:26
    products so rewind the clock I was
  • 00:00:29
    selling supplements at my gym and the
  • 00:00:31
    way that we would sell supplements is
  • 00:00:32
    that we'd sell some sort of service
  • 00:00:33
    package and then we'd do a nutrition
  • 00:00:34
    orientation the camp the nutrition
  • 00:00:36
    orientation we'd actually you know set
  • 00:00:38
    them up with their meal plans and then
  • 00:00:39
    we'd make recommendations for products
  • 00:00:40
    now normally I would sell pretty well
  • 00:00:42
    but still I always wanted to sell more
  • 00:00:43
    and get better we'd killed this launch
  • 00:00:45
    for like a new challenge or something
  • 00:00:47
    and we had a hundred new customers there
  • 00:00:48
    come in and I ran out one of the key uh
  • 00:00:51
    products I had ladies come in the first
  • 00:00:53
    half of the day and able to get the
  • 00:00:54
    products and then some of their friends
  • 00:00:56
    who signed up with them came in the
  • 00:00:57
    second half of the day and were like hey
  • 00:00:58
    my friend Sandy told me that I need X X
  • 00:01:00
    Y and Z and I was like oh we don't have
  • 00:01:03
    Z anymore and it was like really awkward
  • 00:01:05
    and I was like a lady came in and so
  • 00:01:07
    rather than me try and skirt around this
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    clear item that was on the list that I
  • 00:01:12
    didn't have I said hey by the way you
  • 00:01:15
    can get this one for cheaper down the
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    street at Costco so like you don't need
  • 00:01:19
    to get this one from me like this one's
  • 00:01:21
    a little better but I think it'll get
  • 00:01:22
    the job done you can get this one after
  • 00:01:24
    you've done the program and they're like
  • 00:01:25
    oh thanks like that was cool after I
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    made that one crossout I was like but
  • 00:01:29
    you do want this and this from us and
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    they're like okay cool as soon as I made
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    that switch from saying hey you don't
  • 00:01:34
    need to buy this one you can get that
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    from over there everyone bought what I
  • 00:01:37
    recommended afterwards and I was like
  • 00:01:39
    whoa and so then I leaned into that and
  • 00:01:42
    was like I wonder if I could do more of
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    that so I could sell even more on the
  • 00:01:45
    back side so then I had two products
  • 00:01:48
    that I was like hey you can get this and
  • 00:01:50
    this over here get this brand it should
  • 00:01:52
    be at this price you can go get it it'll
  • 00:01:54
    save you 10 or 20 bucks and they were
  • 00:01:55
    like wow even better and then I remember
  • 00:01:58
    I looked at my list and there was you
  • 00:01:59
    know a lady that it was like a mass
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    Gator and she obviously wasn't trying to
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    gain mass and so I was like you're not
  • 00:02:03
    trying to gain Mass art and she's like
  • 00:02:04
    no I was like you can just cross that
  • 00:02:05
    out go ahead you don't worry about that
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    and so I gave her recommendation two
  • 00:02:07
    things that she could get for cheaper
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    and then I said you don't need to worry
  • 00:02:10
    about this and then when I said hey like
  • 00:02:12
    I need you to take two of these in the
  • 00:02:13
    morning next to this take three of these
  • 00:02:15
    take them next to this put this in your
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    car so you always have it with you I
  • 00:02:17
    closed everyone what that gave birth to
  • 00:02:19
    was something that I used to call
  • 00:02:20
    sacrificial Lambs but now call ghost
  • 00:02:22
    products because it sounds better but I
  • 00:02:24
    ended up over time not even carrying the
  • 00:02:26
    products that I had on there that I was
  • 00:02:28
    recommending out because they were so
  • 00:02:31
    powerful as a sales tool for me to gain
  • 00:02:34
    trust from the other person this is an
  • 00:02:36
    incredibly incredibly powerful tactic
  • 00:02:39
    and like all persuasion the difference
  • 00:02:41
    between manipulation and help is
  • 00:02:44
    intention and so if you want to help
  • 00:02:45
    someone you are manipulating them but
  • 00:02:47
    you're just doing it in a positive
  • 00:02:48
    intent now and if you change someone's
  • 00:02:50
    behavior and you have negative intent
  • 00:02:51
    you are manipulating them if you believe
  • 00:02:53
    in the stuff that you sell you can
  • 00:02:54
    create an environment where someone will
  • 00:02:56
    trust you faster by giving them a reason
  • 00:02:58
    to trust you and so that means that you
  • 00:02:59
    acted in their self-interest rather than
  • 00:03:01
    your own so that they can feel like
  • 00:03:03
    you're not trying to take advantage of
  • 00:03:04
    them now if you know that they need this
  • 00:03:06
    stuff but they don't yet know that they
  • 00:03:08
    need the stuff then you can make a
  • 00:03:09
    concession using a ghost product or
  • 00:03:11
    using a sacrificial lamb so that you can
  • 00:03:12
    gain the trust faster and so if you feel
  • 00:03:14
    uncomfortable about not having the
  • 00:03:17
    product on your menu then you feel free
  • 00:03:20
    to carry a product and never sell it if
  • 00:03:21
    you feel like it but I realized quickly
  • 00:03:22
    that I was never selling it and I was
  • 00:03:24
    always giving those ones away and so if
  • 00:03:25
    you're going to use this tactic my
  • 00:03:27
    recommendation is to make the products
  • 00:03:29
    that you send across the street to be
  • 00:03:31
    the ones that are the lowest margin
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    product gain the trust by giving away
  • 00:03:34
    the low margin stuff and then keep the
  • 00:03:37
    high marching stuff for yourself so that
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    people trust you and then they buy that
  • 00:03:41
    stuff and so if you're in an environment
  • 00:03:42
    where you sell multiple products this
  • 00:03:44
    has been the most effective way that
  • 00:03:46
    I've learned to sell what you want to do
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    is give someone a vision of what their
  • 00:03:49
    life's going to be like when they're
  • 00:03:51
    experiencing the benefits and so you
  • 00:03:53
    want to explain to them exactly how to
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    take it before you make the ass what we
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    would do is say hey a this one is going
  • 00:04:01
    to help you do benefit benefit the way
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    that I need you to take it need you to
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    take it is that you're going to take two
  • 00:04:07
    of these in the morning then I ask a
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    question and I'm like what do you do
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    every day no matter what in the morning
  • 00:04:12
    do you wake up and smoke a cigarette do
  • 00:04:13
    you drink a cup of coffee do you take a
  • 00:04:14
    shower like brush your teeth like what's
  • 00:04:16
    something you do every morning and then
  • 00:04:17
    they say well I brush my teeth every
  • 00:04:18
    morning I'm like cool so I don't want
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    you to put this in your cupboard because
  • 00:04:21
    you'll forget about it I want you to put
  • 00:04:23
    it next to your toothbrush so we don't
  • 00:04:24
    have to make a new habit they're like oh
  • 00:04:25
    and what I want you to do piece of tape
  • 00:04:28
    put a two on it I want you to take two
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    of them we're gonna put an extra
  • 00:04:30
    toothbrush got it that's number one I
  • 00:04:32
    would go through that with each of the
  • 00:04:33
    products that I have and I would say
  • 00:04:35
    okay you can have all these you're good
  • 00:04:37
    to go did you just want to use the cards
  • 00:04:39
    you have on file now they don't have to
  • 00:04:40
    take their wallet out they don't have to
  • 00:04:41
    make another purchase decision they just
  • 00:04:43
    have to say yes it's a one-click upsell
  • 00:04:45
    that is a combination of a prescriptive
  • 00:04:47
    clothes and having ghost products to set
  • 00:04:49
    up trust you're also being a good coach
  • 00:04:51
    by showing them how they're going to
  • 00:04:53
    make this happen in the rower now this
  • 00:04:55
    is obviously a consumption based product
  • 00:04:56
    any product that you want someone to use
  • 00:04:58
    they have to use it at a certain point
  • 00:04:59
    and and so we want to figure out ways to
  • 00:05:02
    associate the usage of the act of the
  • 00:05:04
    product with something they're already
  • 00:05:05
    doing getting someone to make a new
  • 00:05:07
    habits incredibly difficult getting
  • 00:05:08
    someone to break a habit is incredibly
  • 00:05:09
    difficult and so we just want to
  • 00:05:10
    piggyback on habits they already have
  • 00:05:12
    and so that makes you both a better
  • 00:05:13
    salesperson and better Coach like
  • 00:05:15
    overall if you're trying to help someone
  • 00:05:16
    and so that kind of selling process that
  • 00:05:18
    set close getting the trust make the
  • 00:05:20
    prescription Works unbelievably well and
  • 00:05:22
    then if for some reason the point
  • 00:05:24
    person's like well how much does this
  • 00:05:25
    cost blah blah blah then you can say
  • 00:05:27
    well are you on a budget and if they're
  • 00:05:28
    like I'm on a budget that's like okay
  • 00:05:30
    then would you like me to order these in
  • 00:05:32
    order of importance and the things that
  • 00:05:34
    I think you absolutely need to have
  • 00:05:35
    versus things that'll just get you more
  • 00:05:37
    benefits faster what I would then do is
  • 00:05:39
    take off one and say this would be the
  • 00:05:40
    lowest one I'd remove does this work for
  • 00:05:42
    you and if they're like I can't do that
  • 00:05:43
    I'd be like really getting into the Bare
  • 00:05:45
    Bones here I'd be like I could take this
  • 00:05:46
    one out but like this is what I want you
  • 00:05:48
    to add to your diet to replace this
  • 00:05:50
    thing you don't want to show that what
  • 00:05:52
    you took out isn't important because
  • 00:05:53
    then it looks like you're selling stuff
  • 00:05:54
    doesn't matter so like these are
  • 00:05:55
    ingredients but you're gonna have to eat
  • 00:05:56
    a shitload of broccoli now all right so
  • 00:05:57
    you okay that you know what I'll just
  • 00:05:58
    get the thing okay cool now it's back in
  • 00:06:00
    hopefully when you're selling something
  • 00:06:01
    you're trying to solve a problem if they
  • 00:06:03
    don't buy the thing then you reintroduce
  • 00:06:05
    the problem that you were solving so
  • 00:06:07
    it's like hey I don't want you have to
  • 00:06:08
    eat a pound of broccoli which is why I
  • 00:06:09
    had this they're trusting me to make the
  • 00:06:11
    prescription because that's why they're
  • 00:06:12
    paying you for expertise and then you
  • 00:06:14
    can pause and say well are there things
  • 00:06:15
    that are your old identity that you're
  • 00:06:18
    going to stop doing as a result of doing
  • 00:06:19
    this program are you going to go out
  • 00:06:21
    less you're going to drink less or
  • 00:06:22
    you're going to smoke less or you're
  • 00:06:23
    going to whatever last I'm like cool
  • 00:06:24
    well how much of that do you do cool we
  • 00:06:27
    just found some money don't worry about
  • 00:06:28
    it let's associate with these new
  • 00:06:29
    activities new identity if this sounds
  • 00:06:31
    really smooth I've done this a lot of
  • 00:06:32
    times you'll get used to it and I think
  • 00:06:34
    one of the best gifts you can have is
  • 00:06:36
    trying to tack yourself into an existing
  • 00:06:39
    sales process of a big business so if
  • 00:06:41
    you work at a business that sells lots
  • 00:06:43
    of low ticket stuff like think car
  • 00:06:44
    washes massage think Nails think hair
  • 00:06:47
    stuff where they just see lots of people
  • 00:06:49
    every day at low tickets see if you can
  • 00:06:51
    work with a business owner and
  • 00:06:52
    incorporate some sort of inject yourself
  • 00:06:54
    into their sales process so that you can
  • 00:06:56
    get rep after rep after rep after rep
  • 00:06:58
    and it will teach you more about the
  • 00:07:00
    skill of selling and dealing with people
  • 00:07:01
    than any course ever will and it will
  • 00:07:03
    equip you for whatever you want to sell
  • 00:07:05
    for the rest of your life it's one of
  • 00:07:06
    the best things I ever did was do tons
  • 00:07:08
    and tons of transactions at low tickets
  • 00:07:10
    so that when I got to selling higher
  • 00:07:11
    ticket more expensive stuff I was like
  • 00:07:13
    oh my God this is a breeze if you sold
  • 00:07:15
    Services let's say you sold Web Design
  • 00:07:16
    Services and you had like a laundry list
  • 00:07:18
    of stuff you could say hey we this is
  • 00:07:20
    like we can do this but it's not
  • 00:07:22
    necessarily our core capability and it
  • 00:07:24
    would probably cost you more if we did
  • 00:07:25
    it because we'd have to allocate more
  • 00:07:26
    resources so there's guys in the
  • 00:07:28
    Philippines that will do it for you I've
  • 00:07:29
    got a connection I can I can talk to you
  • 00:07:31
    to about after this call and if you
  • 00:07:34
    really want to be sneaky about it if
  • 00:07:35
    you're the owner it's harder if you're a
  • 00:07:37
    salesperson owners tell your sales
  • 00:07:38
    people this you can have it seem like
  • 00:07:41
    they're leaning on their side of the
  • 00:07:42
    table to be like hey man like you don't
  • 00:07:43
    need to worry about this like just I'll
  • 00:07:45
    hook you up with a number of a guy and
  • 00:07:47
    then the sales person becomes incredibly
  • 00:07:49
    trusted it becomes like they're on that
  • 00:07:50
    side of the table but what the person
  • 00:07:52
    doesn't know is that they're trying to
  • 00:07:53
    sell the other stuff at the end of the
  • 00:07:54
    day the goal as a salesperson is to move
  • 00:07:56
    to their side of the table if you start
  • 00:07:57
    the conversation across the table the
  • 00:07:59
    goal to end shoulder to shoulder so that
  • 00:08:01
    you're both looking at the decision
  • 00:08:02
    together with the same information to
  • 00:08:04
    make the best decision for the person
  • 00:08:05
    and so if you can walk yourself around
  • 00:08:07
    the table psychologically this is one of
  • 00:08:09
    the fastest ways to do it
Etiquetas
  • sales
  • tactics
  • trust
  • ghost products
  • customer relationship
  • retail sales
  • prescriptive selling
  • sales strategy
  • personal experience
  • low-ticket transactions