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#360: EVERYTHING IN LIFE - IS SALES..
Manage episode 483266475 series 3391009
The psychology behind why we value certain things more than others often defies conventional wisdom. Through a fascinating personal experiment, I discovered how raising the price of a TV I was selling dramatically increased buyer interest overnight. After listing a nearly-new television at $400—less than half its sale price—I received zero inquiries for days. On a whim, I increased the price, and suddenly received twelve offers. This counterintuitive result perfectly illustrates how humans equate higher prices with higher value, even when we intellectually know an item's actual worth.
This principle extends far beyond consumer transactions. As the saying goes, "everything in life is sales." Whether you're trying to impress someone romantically, convince colleagues in a business meeting, or promote your ideas, you're essentially selling something—your personality, your perspective, your expertise. The mindset we adopt in these situations dramatically affects our success rate. When we frame our goal as "selling" rather than merely "convincing," we naturally become more passionate, charismatic, and determined.
Language powerfully shapes our thoughts and actions. The words we choose create different psychological frameworks that manifest in our behavior and outcomes. Like wrestlers who approach matches as "fights" to boost their aggression and performance, the terminology we use can transform our effectiveness in any situation. This phenomenon explains why things that appear exclusive or difficult to obtain become instantly more desirable. Our minds interpret higher prices or greater barriers as indicators of superior value—which explains why raising prices can sometimes attract more buyers than lowering them. Have you noticed this pattern in your own experiences? I'd love to hear how price psychology has affected your decisions or business strategies!
Merchandise Line: / Comedy:
www.WarAndLaughs.com / www.BenjaWelldone.com
IG: @WARandLaughs / @BenjaWelldone
Supporting:
-*Military/Law,
-*Wrestling/Jiu-jitsu,
-*Savages/Self Motivated People
-*Comedy
#WarAndLaughs, REPRESENT.
Owner/Creator: @benjawelldone
FB: Benja Welldone
Biz-Email: [email protected]
#WARandLaughs
Chapters
1. Everything in Life is Sales (00:00:00)
2. The TV Sale Experiment (00:00:54)
3. Words Change Our Mindset (00:02:13)
4. Key Takeaway and Closing (00:05:16)
361 episodes
Manage episode 483266475 series 3391009
The psychology behind why we value certain things more than others often defies conventional wisdom. Through a fascinating personal experiment, I discovered how raising the price of a TV I was selling dramatically increased buyer interest overnight. After listing a nearly-new television at $400—less than half its sale price—I received zero inquiries for days. On a whim, I increased the price, and suddenly received twelve offers. This counterintuitive result perfectly illustrates how humans equate higher prices with higher value, even when we intellectually know an item's actual worth.
This principle extends far beyond consumer transactions. As the saying goes, "everything in life is sales." Whether you're trying to impress someone romantically, convince colleagues in a business meeting, or promote your ideas, you're essentially selling something—your personality, your perspective, your expertise. The mindset we adopt in these situations dramatically affects our success rate. When we frame our goal as "selling" rather than merely "convincing," we naturally become more passionate, charismatic, and determined.
Language powerfully shapes our thoughts and actions. The words we choose create different psychological frameworks that manifest in our behavior and outcomes. Like wrestlers who approach matches as "fights" to boost their aggression and performance, the terminology we use can transform our effectiveness in any situation. This phenomenon explains why things that appear exclusive or difficult to obtain become instantly more desirable. Our minds interpret higher prices or greater barriers as indicators of superior value—which explains why raising prices can sometimes attract more buyers than lowering them. Have you noticed this pattern in your own experiences? I'd love to hear how price psychology has affected your decisions or business strategies!
Merchandise Line: / Comedy:
www.WarAndLaughs.com / www.BenjaWelldone.com
IG: @WARandLaughs / @BenjaWelldone
Supporting:
-*Military/Law,
-*Wrestling/Jiu-jitsu,
-*Savages/Self Motivated People
-*Comedy
#WarAndLaughs, REPRESENT.
Owner/Creator: @benjawelldone
FB: Benja Welldone
Biz-Email: [email protected]
#WARandLaughs
Chapters
1. Everything in Life is Sales (00:00:00)
2. The TV Sale Experiment (00:00:54)
3. Words Change Our Mindset (00:02:13)
4. Key Takeaway and Closing (00:05:16)
361 episodes
All episodes
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