‘The Magneto Effect’ Bootcamp – Lesson #4 of 7

Lesson #4: “Why People Say “No” And How To Turn Those That Do Into Profit”

If you’ve ever had someone say no to your Intellectual Property legal services, this email will reveal why that happens and how to avoid it.

The first thing I need to share with you is this… every human action that takes place within the world we live, occurs for one of two reasons:

“The need to avoid pain or gain pleasure.”

That’s it…

From the way you dress all the way through to subscribing to this series of emails, all the decisions you ever make are down to either avoiding pain or gaining pleasure.

This is essential information to know and be conscious of if we are to be the very best in our field at promoting our high priced services. Let me spell this out for you…

When someone says no to you, it’s because there is more pain than pleasure associated with becoming a client. It may be because the price of a service doesn’t represent the right level of value in their head. But whatever it is, the bottom line will always be the same.

NO = more pain than pleasure.

You see, every single thing we spend money on has an emotional root. You bought the car you drive over another one because of the way it made you feel.

You chose your business suppliers because they made you feel you could avoid the pain of not getting things delivered on time and they could do it at a price and savings that made you feel great.

You may have started your business because it gives you the feeling of being in control of your own destiny and the uplifting feeling that one day you’ll be financially free. And all of that is set in the back drop of wanting to avoid the pain of working for someone else.

So if you want to start getting more yes’s and less no’s , you need to understand that buying your service is based on emotion.

In other words to sell more of what you’ve got you have to start getting inside your prospect’s head. You have to know what their big problems are and what their perfect outcomes look like.

And after you’ve reflected their own thoughts back to them and got them to the point where they want to take the next step, you need to help them justify their emotional decision with a trail of logic that allows them to say “yes I was right!”

This is what we all do. Get emotional, make a decision and justify our emotions with convenient logic.

You REALLY spent more money on buying that brand new model of car rather than the cheaper model because of how it made you feel, but you’ll keep telling yourself and your friends the legitimate reasons backed by logic why you bought it, whether that be because of its better fuel consumption or its latest airbag system.   But here’s the trick….

The buying decision has to be your client’s idea.

So don’t think getting someone emotional is going to get you all the way to the finishing line. You might be able to get someone excited at a meeting or on a conference call so they make a decision there and then, but it’s all most probably going to go sideways once the emotional state you got them into, leaves them.

So when presenting your high priced Intellectual Property legal service you must ensure you’ve created a logic trail that removes any chance of ‘buyers remorse’ and acts as a safe place for your client to return to when they’ve left you and calmed down.

This is how you make your idea, their idea. Again, if you want a prospect to become a client, make sure that it’s their idea because once someone has had the time to completely digest this decision, and become committed, they’re in it for the long-haul.

And the best way I know to make sure someone buys rather than is sold to, is by not trying to sell too early. In other words allow someone to sell themselves when the time is right for them, rather than you.

The way you do this is by putting your prospects into a ‘sales funnel’ where you continually market to them over time. Not one of your clients will be the same as another when it comes to the way they think or buy. Some will buy after the first couple of contacts and some will take six months to make a decision. Either way you need to have a system in place that lets them buy when they’re ready.

So get rid of the ‘buy now’ tactics and you’ll get better clients coming through the door straight away.

Now this is the first of nine psychological factors that you’ve got to know to get people to start responding to your marketing and promotional activities. Now I’m going to share the second and third with you…

The second is that most people want it better, faster, and cheaper. In other words they’re naturally lazy and want things made easy.

The more you can package up your service into something tangible and easy to buy, the more interest you’ll generate and more clients you’ll get.

Look at the take away service industry. Most people don’t want to go and pick up an Indian meal if they can get it delivered to their door even if it costs a bit more. I’m sure you get the picture…

Now the third psychological point is that most people who buy Intellectual Property legal services or consulting services like to buy into a strategy or a plan that results in their most wanted outcome or result.

The reason they do this is they like to have something that is logical and that explains what needs to be done to get what they want and why they need to do it.

This does three things. Firstly it gives them the comfort that they are dealing with an expert leader. Because experts are the type of people that come up with strategies and plans to solve our problems. The rest of us follow them.

Secondly it helps fulfil the need I discussed earlier, that all of us use logic to justify our buying decision. And a step by step strategy with logical reasons why each step is important, is the perfect candidate for doing this.

Thirdly, and very importantly it gives huge peace of mind when someone can see you follow a clear plan of attack to achieving their ultimate goal.

OK… So now that we understand a little bit more about what makes us tick… how we like to buy professional and consulting services, and what makes us say ‘yes’ to buying an expert service, let’s talk about the BIGGEST problem faced by those in our industry…

And that is having a business model that makes prospecting profitable.

In fact, I’d say 99% of the consultants and professionals out there that ever try and generate leads don’t make money from this activity, never mind generate clients from it. And that means you may well be one of them.

Well join the club because I’ve been there. I have gone through periods when I spent time and money generating leads and it bled me dry.

And that’s OK if you learn from your mistakes.

But here’s the good news! I found a way not only to attract people to my business but I did it in a way where they were happy to pay me to become a prospect for my high priced services.

And the revolutionary thing was that it gave me instant cash flow from my prospecting activities.

So here’s how that was done…

Discover these secrets tomorrow in lesson number 5.

To your success,

Eria Odhuba

Click Here To Get The Magneto Effect Working For You Today… You’ll Get Endless High Quality Leads And Attract Hundreds of New Clients To You Forever Without Ever Having To Sell!

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Eria Odhuba

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