Hub You
#1 in Business Subscribe Email Print

You are here: Home > Business > Sales > The Power of Reverse Psychology

Tags

  • listened
  • telling
  • reverse psychology
  • would begin
  • remember sitting

  • Links

  • Romantic Destinations in Delaware
  • Ebook Review: The Silent Sales Machine Hiding on eBay!
  • Payday Loans Scandals
  • Hub You - The Power of Reverse Psychology

    Color - An Important Aspect in Logo Design
    Colors are always considered as an important aspect of our day-to-day life. Colors referred as a conceptual language are always used for communication purpose. Like way in order to create your own brand to be a recognizable image of a company or product, you need a logo. A good logo design made with efficacious colors can help you to create an eminent brands that helps in meeting the outlook of buyers which invigorates customer allegiance.Identifying the primary logo color is a bit difficult task. Once identified your job is half done. It needs to look good with your first color and also must appear the same way on th
    f, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have

    Food Service Management
    Effective food service management places customer satisfaction as a top priority. Each of the members of the management team has a task to perform. Any flaws in carrying tasks result in a domino effect that will automatically put the food service institution in hot water.In every restaurant, fast food outlet, cafeteria, and any other type of institution that offers food service, there is a management team. This team is basically comprised of the general manager, an assistant to the manager and the executive chef.Responsibilities of the Management TeamThe general manager is responsible for monitoring the
    One of the most under used and perhaps under rated techniques that all sales reps have in their bag is the power of reverse psychology. When I refer to this, I do not mean the art of manipulating a customer, but rather the ability to help a customer see a bigger picture that will lead you to a sale and a long lasting customer relationship.

    Let me use an example to illustrate what I mean. I work for a company that sells a product to their customers for a 3 year term. After the 3 year term, we go back into that customer and try and get them to sign up for another 3 years. Typically we do quite well and have somewhere in the neighborhood of 80% renewal rate.

    We had a big customer that was neglected for a whole three years. They had 4 different reps over that period of time, none of which spent much time with them. And to make matters worse, our company had just bought a company that competed with a subset of their product offering. I was given the job of going in and “fixing” the mess as it was called and renewing this contract.

    The first meeting I had with them, did not start out very well. I had just begun my presentation about the 2 options that they had for renewal, when I was cut off and told in no uncertain terms that they would not be renewing their contract. They then began to spend the next 10 minutes telling me everything that was wrong with my company and why they would begin to migrate to our competitors’ products and services. I remember sitting there and thinking to myself, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have

    Entrepreneurship Story; Over Regulation in Franchising Part I
    Jim and Sally run a successful auto business, which they have built up over two decades and have expanded to three stores and many of their friends keep saying, “You should Franchise.” They think about this for about five years read a few books, like “Franchising for Dummies,” The “E-Myth”, “The Franchising Bible” and many others on the shelves of the new big book store in town with the coffee shop inside. They finally decide that it makes sense especially as they have friends and loyal employees who wish to be associated with them and even own the first franchises. So they set out to franchise. They visit an attorney si
    te what I mean. I work for a company that sells a product to their customers for a 3 year term. After the 3 year term, we go back into that customer and try and get them to sign up for another 3 years. Typically we do quite well and have somewhere in the neighborhood of 80% renewal rate.

    We had a big customer that was neglected for a whole three years. They had 4 different reps over that period of time, none of which spent much time with them. And to make matters worse, our company had just bought a company that competed with a subset of their product offering. I was given the job of going in and “fixing” the mess as it was called and renewing this contract.

    The first meeting I had with them, did not start out very well. I had just begun my presentation about the 2 options that they had for renewal, when I was cut off and told in no uncertain terms that they would not be renewing their contract. They then began to spend the next 10 minutes telling me everything that was wrong with my company and why they would begin to migrate to our competitors’ products and services. I remember sitting there and thinking to myself, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have

    IT Marketing: Join Organizations
    In IT marketing, personal referrals you're going to find are by far the most powerful way to get great prospects. Personal referrals are already in a lot of ways pre-sold and they already trust you. In the IT services business, unlike just selling a product, trust carries a tremendous amount of weight. In this article, you'll learn how to get more personal referrals for your IT marketing.IT Marketing: The Trust FactorPeople look for an IT consultant the same way if you were looking for a good dentist or a good internist or a good attorney or a good accountant. Yes, some people go to the Yellow Pages for that
    reps over that period of time, none of which spent much time with them. And to make matters worse, our company had just bought a company that competed with a subset of their product offering. I was given the job of going in and “fixing” the mess as it was called and renewing this contract.

    The first meeting I had with them, did not start out very well. I had just begun my presentation about the 2 options that they had for renewal, when I was cut off and told in no uncertain terms that they would not be renewing their contract. They then began to spend the next 10 minutes telling me everything that was wrong with my company and why they would begin to migrate to our competitors’ products and services. I remember sitting there and thinking to myself, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have

    Start Up a Business That's Sustainable
    Starting a business is about creating value. Creating value involves making a sustainable contribution. If the business is going to last, then you must think about its sustainability from the startup.Beliefs and Values Make SenseYour belief system and values will be at the heart of the enterprise. It is vital to be clear what they are and to be able to sum them up. This statement will be your business lodestar, or the guiding principle that you want the business want to follow.Without this firm direction, your business will be soon off track and put survival at risk. Business startups ar
    presentation about the 2 options that they had for renewal, when I was cut off and told in no uncertain terms that they would not be renewing their contract. They then began to spend the next 10 minutes telling me everything that was wrong with my company and why they would begin to migrate to our competitors’ products and services. I remember sitting there and thinking to myself, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have

    What Does A Truck Crash Have To Do With Your Business?
    What Does a Truck Crash have to do with Your Business? Recently a tanker truck crashed on the Bay Bridge in San Francisco spilling its load of gasoline. The gasoline ignited and the fire collapsed a portion of the Bay Bridge. Repairs will take 4-6 months and the commute to work for 1,000’s of workers has been severely restricted. San Francisco’s authorities are strongly recommending public transportation and Working from Home.Does your company have the tools for employees to work from home? All you need is a Simplified Telephony Solutions VOIP Call Center Room designed to meet your specific requirements.By a
    f, “oh boy if I don’t find a way to get them beyond this, we are in a whole heap of trouble”.

    After I listened intently, I began the process of reverse psychology. “Listen, I understand that my company has not treated you how you deserve and if I were you I would do the same thing. It is for this reason that I will present you with Option 3, the do nothing Option. You have the rights to our current product set, I suggest you stay at that level for the next 2 or 3 years and we can re-evaluate your technology needs in the future. This way you do not continue to pay us money, for something that we are not helping you use or get the most out of. I only want to ensure that you are able to utilize our products and services and get a return for your business. If we cannot do that, we do not deserve your business.”

    You should have seen the reaction to this in the room. My colleague who was in the room and who was counting on his renewal commissions was about ready to jump across the table and choke me, but for me the most important thing to watch was the customer. There were 4 representatives from them in the room. I’m sure they had prepared for this meeting, they were prepared with who was going to play which role and what they were going to tell us about why they would not renew. When we entered the room their body language was hostile, they were all on edge and not one of them had a warm look on their face. As soon as I said this, I watched their reactions. They all sat back in their chairs, they relaxed, they had won after all. I had as much as admitted defeat.

    This is when I used the following line. “I only ask one thing for option 3 and one thing only. We may not have treated you like one, but you have been a good customer to us for the last 3 years. I ask that you spend a little time with me over the next couple of weeks and allow me to go through the financ

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.iadvice.info/article/35921/iadvice-The-Power-of-Reverse-Psychology.html">The Power of Reverse Psychology</a>

    BB link (for phorums):
    [url=http://www.iadvice.info/article/35921/iadvice-The-Power-of-Reverse-Psychology.html]The Power of Reverse Psychology[/url]

    Related Articles:

    IT Expenditure - Why Businesses Spend Huge Amounts on Ineffective IT Investments

    Why Management Kills Creativity

    In Direct Sales - Customer Care Calls - Preparation is the Key!

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com