Being More Influential, Part 3

Hi, Everyone!

I recently received Dave Miller’s latest newsletter and wanted to share his central article with all of you.

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“Being More Influential, Part 3” by Dave Miller

No matter what you do, you are in sales in some way.  The word, “sales” or “selling” brings up negative connotations for many people.  It may be helpful to think of it as “influence”.  Whether you’re a sales professional, coach, consultant  or executive – there are key stakeholders in your world you need to influence.

To persuade successfully and non-manipulatively, it’s important to understand five key principles of influence. We covered the first three Principles so far.  You can read about them here:

Principles 1, 2 & 3

Let’s look at Principle #4 now.

Principle #4: People make buying decisions based on emotion and justify these decisions with logic.

Just think about the last major purchase you made: your home, your car, your plasma TV! Didn’t emotion play a large part in your decision to go ahead and make the purchase? This is not to say there weren’t plenty of logical reasons why you bought what you did. But I think you’ll agree that the more money you lay out for a product or service, the more “emotional payback” there needs to be.

You may feel this principle doesn’t apply to your product or service. The truth is that is does. Let’s say you’re selling a computer system to a corporation. What’s emotional about that? The buyer will compare your product with your competitors’ versions and see which one will do the best job (e.g., fastest performance, most comprehensive reports, most user-friendly, etc.). It seems purely logical, doesn’t it?

But wait – think about the buyer – what does he or she want to accomplish? Doesn’t the buyer want to appear smart – like he or she made a really great decision for the company? Isn’t that an emotional desire? The role logic plays is to figure out which decision will best accomplish this emotional goal!! So even if your product or service is heavily technical, don’t discount the emotional component when selling.

Here’s another example: Two people of equal means enter a car dealership and look at two different types of cars. One car is a red convertible that can do 0 to 60 in 3 seconds, gets terrible gas mileage and costs $60,000. The second car is a boxy, practical car that gets 50 miles to the gallon and costs $22,000. Person A buys the convertible and Person B decides on the practical car.

The question: which purchase involved emotion and which involved logic? You may think Person A’s purchase was driven by emotion and Person B’s by logic. But, in reality, logic and emotion were involved in both purchases.

It’s easy to see the emotion involved in Person A’s decision – after all, it’s a fun car! But it’s also a good bet that Person A came up with several solid logical reasons to make the purchase in order to justify spending $60,000 (e.g., “it’s made better,” “it will last longer and have lower maintenance coasts”, “it will make me look more successful and attract more success,” etc.).

It would also seem that Person B’s decision was purely practical and, therefore, logical. This would be an erroneous assumption. Person B may have wanted to spend less money on a car because he wanted to spend the $38,000 on some exotic vacations or use the extra money to put the kids through college. He used logic to evaluate which decision would give him the most pleasure (based on his value system)!

To be influential, we need to take into account both logic and emotion. Of the two, emotion is a much more powerful motivating force. Unfortunately, too many people ignore the emotional component and focus solely on logic – neglecting what compels people to buy.

Focus more on what drives people emotionally  for better influence.

In the next issue, we’ll explore the fifth (and final) principle of influence.

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To subscribe to Dave’s newsletter, follow this link to the full current edition:

Dave Miller’s Newsletter

If you found Dave’s article interesting and valuable, please take a moment to leave a comment here or send him an email.

-T-

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One Response to Being More Influential, Part 3

  1. Dave Miller says:

    Thanks, T, for posting this.

    The best way to sign up for future newsletters and get my resource package is to use this link:

    http://businessgrowthnow.com/admin/business_resources_package.php

    Thanks!

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