3 is the magic sales number

3 IS THE MAGIC NUMBER

Research finds that customers are 3 TIMES more likely to purchases when they LIKE the environment.
At the University of British Columbia students were shown the advertisements for products. In one case there was music playing that the students enjoyed. In the other case they were playing music that annoyed the students.
At the completion of the presentation the students were given the opportunity to purchase a small item. 3 TIMES more students bought when they were in the environment that played the music they enjoyed.
As Ben Franklin said, “If you would be loved, love and be lovable.” When you are making your pitch – make your environment as friendly and as likable as possible.
When presenting data to a customer you will be most effective if:
A) You provide a clear & simple chartB) You explain the data in clear & simple words
The correct answer is B, you explain the data in clear & simple words.
Research shows that when you use simple words versus a chard with numbers and percents – WORDS are 2 times more effective at communicating the marketing message. And 3 TIMES more effective at increasing purchase intent.
So if you want someone to really get the message you’re sending, don’t get clever with charts and graphs. Say it with words – the straightforward, easy way to get your point across and increase the chance that your customers will take action.
When attempting to make a sale research finds that the best return on your investment of time and money is to make 3 ATTEMPTS.
Ignite CURIOSITY with your first personal pitch, marketing advertisement or mailing. It should provoke interest through a mind opening thought designed to get your customers to stop, listen and most importantly THINK.
Your second pitch should deepen UNDERSTANDING and should explain with clarity how what you promised in the first pitch can be delivered.
The third pitch should focus on enabling them to make a DECISION. It should address any key concerns and most importantly always ASK for the sale.
Most people make one pitch and give up. DON’T! Always make three pitches in order to ignite curiosity, understanding and enable a decision. Your sales dreams are much more likely to come true.

50% card with colorful background with defocused lights

How Focus Can Change Your Business

Significant overall sales growth can be realized if:
A) You cut your product line by as much at 50%.B) You expand your product line to service all customers.
The correct answer is A, you cut your product line by as much as 50%. This has proved itself again and again in the research. But perhaps one of the most impressive studies was on an internet retailer.
The retailer cut their worst selling products which ended up being 54% of their products across 42 separate categories. The result was an average 11% increase in overall sales.
So the next time you find yourself baffled with how to increase sales and overwhelmed with products and variation – get to cutting. Focus your efforts, clean up your offerings and bump up your income.
In a related finding…
Doing less can actually help you win more, lose less and make more money.
The more you focus, focus, focus – and DO ONE THING great – the greater your success. A simple experiment conducted in California grocery stores proves it.
Customers were offered free tastes of 24 different flavors of jam. In another leg of the test only 6 flavors of jam were offered. When offered 24 flavors only 2% of those walking by the display made a purchase. When offered 6 flavors 12% bought. That is a 600% increase!
The conclusion is clear – by offering less options – you’re seen as an expert and you increase your odds of success.
The same is true in your career – when you develop a deep expertise in an area then your boss will see you as more valuable. and you will win more, lose less and make more money.
You can improve your problem-solving ability even by taking a very short break.
A study reported in the Creativity Research journal found that when you’re stuck – stepping back from the problem – escaping if you would from the challenge JUMP STARTS your cranium.
In the study 104 undergraduate students were randomly assigned to five groups. They were then told to compute the area of two geometric figures found in a complex drawing called an insight puzzle.
As soon as they came to an impasse each group was given one of the three break lengths (long, short, and none). They were also given one of two levels of activity (demanding or non-demanding tasks).
The results clearly showed that any break improved their problem solving ability.
Why? Oftentimes when people try to solve a complex problem they make false assumptions that they can’t mentally release. Taking even a short break releases their mind. It lets them apply a new organizing assumption that leads to a better solution.