How To Deal With the Price Objection!
In this week’s article:
- Why who you are speaks so loud your prospects can’t hear a word that you’re saying …
- Three common mindsets that neuter your copy, and kill your response …
- Why you can’t hide your opinion of the product you’re selling …
- The two ways your prospects think about their money …
- Reduction To The Ridiculous: How to trivialize the cost of your product …
- And more!
Dear Web Business Builder,
For the better part of my life I’ve been selling. Selling face-to-face, nose-to-nose, and belly-to-belly with prospects and customers as a sales rep … selling other sales reps on their own abilities as their manager and mentor, … and now, selling in print and on the Internet.
My experience in those early days in the trenches as a sales rep and manager taught me a valuable lesson that’s made me a bundle as a copywriter and web marketer.
And that lesson is: Selling success is 80% attitude, and 20% aptitude. Sure you need skills, there’s no question. They all add up. But it’s your attitude about your work that multiplies your performance.
There is an important corollary between person-to-person selling and copywriting you may not have realized. And it’s summed up in this immortal quote from Emerson …
“Who You Are Speaks So Loud
I Can’t Hear A Word That You’re Saying!”
Allow me to explain by completing the analogy …
You see, in personal selling, congruency is everything.
Congruency means everything about you communicates the same meaning: the words you speak … your body language … your tone of voice … your facial expression … everything.
Selling is transference of emotion, and congruency is what gives power to that transference.
Put two humans together in a room, and their emotions will harmonize in the direction of the most congruent individual.
Congruency and emotion are the result of what you believe deep down in your subconscious. Let’s see how this works …
Throughout the day, your subconscious mind, and it’s deep-seated beliefs interact with your conscious thoughts. This interaction is the source of your emotions.
Your emotions are much more powerful than your conscious thoughts, and motivate most of your behavior. If your underlying unconscious beliefs are in conflict with your conscious thoughts, no matter how disciplined or practiced your sales presentation, your customer will pick up unconsciously on your incongruity.
And no matter how brilliant your sales argument, your prospect will be left with a feeling that something’s not right, and will fail to act.
For example, if the salesman secretly believes “it’s all about me”, no matter what he says to convince his prospects that he has their best interests at heart will convince them.
If he unconsciously believes “I’m motivated by my need for money”, all of the reasons he gives the prospect for taking action on his proposal no matter how sound, are suspect.
Not only that, the salesman will find it exceedingly difficult to close, because there is a conflict between what he consciously seeks to communicate to the prospect, and what he unconsciously believes.
A person’s body language … tone of voice … inflection … and facial expression communicate more than the actual words spoken. And the salesperson’s subconscious beliefs determine them. This is what Emerson meant when he said, “Who you are speaks so loudly I can’t hear a word that you’re saying.”
Three Common Mindsets That Neuter
Your Copy, And Kill Your Response …
So how does this relate to copywriting?
Sure as night follows day, the same forces are at work when you sit down at your computer to write a promotion …
What you believe deep down in your subconscious about yourself, about your client (if you’re writing for someone else), and about the product you’re selling, has a direct and powerful impact on what you will write. If you write with the belief: “I need to sell something for my benefit”, it comes through in your writing, just as it would in a live personal selling situation. Your prospect will pick it up.
If you believe: “I never worry about earning income, because I know it comes in large amounts when I create high value for customers”, that shines through too.
And something very surprising happens depending on where you’re head is at.
When you write copy from the “ego” zone, with subconsciously held beliefs such as “this is all about me making as much money as I can”, or “I’m in it for what I can get” your copy ends up sounding “needy”. Your prospect reads it and feels like he’s doing YOU (or your client) a favor by gracing you with his business. This is the kiss of death!
Conversely, when you write with beliefs such as “I am creating as much value for you Mr. Prospect as I possibly can”, “I would never try to sell you this product unless it’s the best solution for you”, an entirely different message is subtly communicated.
Instead of sounding like you are begging your prospect to part with his money, you come across like a Good Samaritan, offering a helping hand. The prospect perceives that is HE is the one who stands to LOSE (not you) if he decides not to take you up on your offer. This is an extremely important psychological distinction.
Why You Can’t Hide Your Opinion
Of The Product You’re Selling …
Price is another very important area of belief that has an enormous impact on the copy you write. Do you believe the product you’re selling is, “Overpriced” or “Valuable”? Is the price “Fair”, or “Exorbitant”? Is it “Competitive” or “Irrelevant”?
In order to present a convincing value proposition, you must first be convinced of that value. You must be excited, proud, and brimming with enthusiasm about it, even though your prospect will probably never have the opportunity to meet you. It comes through in your writing.
Your own core beliefs about selling, about money, and about your own self worth shine through too.
Going back to the live selling analogy, here are a few of the actual phrases I’ve heard in conversations with commission salespeople.
- “I don’t like the ‘salesman’ label.”
- “It’s a sin to focus on making money.”
- “My wife isn’t happy with the insecurity of this job and I’ve got no control over that.”
- “No one in my family has ever gotten anywhere in selling.”
Interestingly, these little sound bites that slip out in casual conversation often betray a person’s true beliefs. And as these beliefs interact with the salesperson’s conscious thoughts throughout the day, they produce emotions, which in turn determine behavior more than anything else. If there is conflict, it manifests itself as incongruity. And the result is lackluster sales.
The Two Ways Your Prospect’s
Think About Their Money …
Selling is about convincing someone to spend money in exchange for benefit, therefore money beliefs also frequently come into play.
When it comes to money, there is “abundance” thinking, and there is “scarcity” thinking. Society powerfully conditions all of us toward the later.
If you’re not sure where you stand on the scarcity/abundance continuum, just make a concerted, conscious effort to check your emotional pulse each time you buy something significant. Whether you feel expansive and confident or insecure at that precise moment will tell you a lot about your prevailing unconscious beliefs about money.
If you write from a frame of “scarcity” thinking, especially toward the close of a piece of copy, you encourage your prospect to think the same way at exactly the wrong time. We live in a world of sympathetic vibration.
Did you ever play that game when you were a kid, where you gently press down on one key of a piano so slowly that it doesn’t make a sound, and then hold it down while striking a staccato blow on the same key a few octaves lower? What happens? Sure, miraculously the key that you’re holding down starts to ring.
Well it’s the same thing when two people come together, whether in person or through the written word. The reader picks up on your feelings and he starts to vibrate sympathetically.
Which frame do you want your prospects to put around “money”, abundance or scarcity?
Both actually. You may want to purposefully phrase some of your copy in the context of scarcity, in order to demonstrate empathy and agitate the problem your product solves. Remember, scarcity thinking is far more prevalent in your prospects' minds than abundance thinking. And your goal with your headline is to enter the conversation that’s already going on inside their heads. But you can’t stay there too long.
Your goal is to solve problems, and raise the vibration from scarcity to abundance. When it comes time to ask for the money, you want your prospect swimming in abundance.
Yet how often do you read copy that makes just the opposite impression toward the close? How often do you see copy that literally begs the prospect to buy as though it were some kind of horrendous act of sacrifice? I see it all the time.
Reduction To The Ridiculous: How To
Trivialize The Cost Of Your Product …
If you want to trigger abundance thinking at the close, and help your prospect to rationalize purchasing something he really wants, one of the most effective bridges between scarcity and abundance is what I call the “reduction to the ridiculous” close.
Break down the cost in time, and associate that cost with the benefits of owning the product instead of the product itself.
Suppose you’re selling some premium item that costs significantly more than other alternatives. Let’s say it’s a car that costs $10,000 more than something comparable. You can trivialize the cost like this …
The exceptional power, acceleration, and handling advantages this automobile gives you cost surprisingly less than you’d think …
For what amounts to just $6.94 a day – probably less than you spend on coffee at your local Starbucks – you can enjoy the uncommon prestige, comfort, and driving excitement only this incredible car can give you.
Last time you ate at a restaurant you left a tip for the waiter or the waitress that was likely 2 to 3 times that much. Money you’ll never see again and don’t care about.
Aren’t you really worth a lousy $6.94 a day to drive the car of your heart’s desire … one that makes you feel like the person you really are?
The reduction to ridiculous close works because it draws on the power of contrast, breaking the added cost of the product down over time, focusing the prospect on the benefits of owning it, and comparing those benefits to trivial items.
You can also compare the value of what you’re selling with alternatives that are more costly. Instead of the “reduction to the ridiculous”, we could have compared a desirable attribute of this particular car with another car that offered the same attribute, but at a much higher price. This has the effect of maximizing the perceived value of the car we’re selling, and by extension, minimizing the perceived cost.
In both cases, we’re essentially comparing “apples to oranges” … but the important thing to remember is that if you’ve done your job of building desire for the product, your prospect doesn’t care.
He’s grateful to you for giving him a rational justification to support his emotional decision. He needs and wants to feel congruent about spending his money.
Until next time, Good Selling!
Daniel Levis
Editor, The Web Marketing Advisor
THE TOTAL PACKAGE
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Daniel Levis is a top marketing consultant & direct response copywriter based in Toronto, Canada and publisher of the world famous copywriting anthology “Masters of Copywriting” featuring the selling wisdom of 44 of the “Top Money” marketing minds of all time, including Clayton Makepeace, Dan Kennedy, Joe Sugarman, John Carlton, Joe Vitale, Michel Fortin, Richard Armstrong and dozens more! For a FREE excerpt visit http://www.Sellingtohumannature.com
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