iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Business
 

Influencing Sales Via 'The Contrast Principle'

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
Andrew Wood

My partner and I had taken my son, Quinn, out for a trip to the zoo recently and as we entered we came across the usual ‘souvenir’ store complete with an array of animal related toys. Of course my son went crazy at this point and wanted everything. I explained that we could return after our walk around the zoo and that I would consider buying him something then. Although disappointed, he seemed to agree that this was fair and we managed to prise him away and into the zoo.

We had a fantastic time, looking at all the animals and stopping for a bite to eat. However, as we drew closer to the exit I began to remember my promise about the souvenir store. It seems Quinn had not forgotten either. “Dad?” He said, as he finished the remains of an ice cream “How much money can I have for toys?” I contemplated this for a second or two and said, “I think £5 should be enough”. “£5!” He said, “That’s nothing, how about £200?” “£200 is a lot of money for toys son, even for you. In fact, that would buy up the whole souvenir shop. How about £10?” His response was immediate “Ok dad”.

It was only when I reached the souvenir shop that I realised my mistake. I had been duped by my son and what is known as “The contrast Principle”. Of course, after my sons initial request of £200, the £10 counter offer didn’t seem so bad, yet he had managed to double his initial request.

The contrast principle is a powerful way to increase the odds of getting what you want. In fact, once you recognise it, you realise it is used in many different scenarios and is yet another example of our brain using a mental shortcut i.e. ‘The offer must be fair, it is much less than the other’.

Car salesmen demonstrate an example of the contrast principle used in a business context. They will sell us a car and only after you have accepted the purchase will they start trying to sell you the extras (Metallic paint, Sat Nav etc.)

This can also be seen in a clothing retailers, common sense would tell us that it would be easier to try and sell a customer a small item (like a belt) and then ‘once they are warmed up’, try to sell them a larger item. However, this actually works better in reverse. The idea is that once the customer has bought the expensive sweater, the cheaper belt and t-shirt don’t seem as much...in contrast.

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

This excerpt is included in the Trainer Bubble training course material 'The Power of Influence'. Download this fantastic training resource at http://www.trainerbubble.com
Article Tags: customer [See Dictionary], principle [See Dictionary], souvenir [See Dictionary]
Got a question about this article? Ask the community!
Article published on February 21, 2008 at Isnare.com
 
Rate this article:

Sales - How To Handle Objections
Submitted by: Andrew Wood

Objections are a fact of life for a salesperson and a lot will say that they hate when they get them...

Improving Sales Effectiveness - The Question Is Why?
Submitted by: Andrew Wood

Achieving sales success is crucial to every business, after all sales is the only revenue generating function within a company, everything else costs money...

Achieving Sales On The Telephone - Effective Outbound Calls
Submitted by: Andrew Wood

The key to making effective outbound calls is structure The most effective telephone sales person will have a set process for contacting customers and will stick to it, no matter what the temptation to alter their methods...

How to Spawn Mushrooms Beds
Submitted by: Jackson Forrest

After the mushroom bed is made up it should, within a few days, warm to a temperature of 110° to 120°...

Bridgend Accountants - Behind a Successful Business
Submitted by: Steven Magill

It is a must for a company to have an accountant as they play an important role Basically, they keep track of the money that goes in and out of the institution...

Cardiff Accountants Important Role in Community's Progress
Submitted by: Steven Magill

Are you looking for a job in Cardiff Well, you might want to consider working there as an accountant...

Five Things Every Entrepreneur Needs to Succeed
Submitted by: K. MacKillop

When you get down to it, there are hundreds, maybe thousands, of tools, resources and specific pieces of knowledge every business owner must have to succeed...

Should I Franchise My Business & 5 Tips For Marketing Your Business in a Downturn
Submitted by: Tony Gattari

A QUESTION I AM OFTEN ASKED SHOULD I FRANCHISE MY BUSINESS
 Franchising today is a way of life...

Mindsets Part 1 & How to Improve Your Cashflow
Submitted by: Tony Gattari

MINDSETS part 1 “YOU CAN’T DO THAT…...

Mindsets Part 2 & Discovering the DNA of Profitability For Your Business
Submitted by: Tony Gattari

MINDSETS part 2 “YOU CAN’T DO THAT…...

Contagious Vision & 5 Tips to Help Your Business Prosper in 2009
Submitted by: Tony Gattari

CONTAGIOUS VISION We’re OK – we have a vision...

Priorities in Tough Times & A Budget is Not a Plan
Submitted by: Tony Gattari

Priorities in Tough Times PART ONE John Maxwell says ‘ People are like rubber bands: They must be stretched to be effective...

What is Mushroom Spawn
Submitted by: Jackson Forrest

What is mushroom spawn Is it a seed or a root...

How to Prepare Manure For Your Mushrooms
Submitted by: Jackson Forrest

When preparing your mushroom beds, get the best quality of fresh horse manure you can, and sufficient quantity for the amount of beds you wish to make...

How to Find the Proper Temperature For Your Mushroom House Or Cellar
Submitted by: Jackson Forrest

The best temperature at which to keep the mushroom house or cellar is 55°to 57° But much depends upon the method of growing the esculent; the construction of the house or cellar, and other circumstances...

Who Should Grow Mushrooms
Submitted by: Jackson Forrest

The mushroom is a highly prized article of food which can be as easily grown as other vegetable products — and with as much profit...

Tips on How to Promote an Online Business Directory
Submitted by: Adriana N

When you set up and publish an online business directory, you cannot just let it sit there and hope businesses will post their listings...

Is Yellow Page Advertising Still a Good Use of Your Small Business Marketing Budget?
Submitted by: James Belt

Once upon a time, if you owned a small business, yellow page advertising was the first thing you thought of when you thought marketing...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy