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- 🧠 5 Psychology Tricks to Make Millions
🧠 5 Psychology Tricks to Make Millions
Use these 5 powerful Psychology tricks to influence others decision making
Millionaire Syrup
December 14, 2023
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Psychology Tricks to Make Millions
Use these 5 powerful Psychology tricks to influence others decision making
Scarcity
Often we something as more desirable the less of them they are. When something is seen as rare or in short supply, it is perceived as more valuable. We instantly get the fear of missing out and regretting not buying it. Avoid falling trap to these scarcity phrases.
“Almost sold out”
“Limited time only”
“Only 2 left”
People will often look to others to decide how valuable something or someone is. We see this often with celebrities, when they have a product or service to sell all their loyal followers flock to buy the product because they trust them.
Risk Mitigation
People constantly fear getting ripped off, wasting time, or regretting a purchase. Often when making an offer you can predict some of the potential down sides they might consider to saying yes.
If you can include and offer them a way that would minimize that down side. They are much more likely to accept that offer and say yes.
Use Persuasion Carefully
Often if you use these tactics too often or make it too obvious people will catch on and lose trust.
Reciprocity
People are more likely to say yes to a request, if they have previously received a favor or gift from the other person.
Often when negotiating they would use this tactic by making an extreme offer/ request knowing you’ll reject it, then fall back to a smaller request. You think they're doing you a favor by receding so you feel compelled to accept their smaller request. This is called “the rejection then retreat technique” - Cialdini.
People have a natural instinct to listen to those that seem credible or view as experts. Often many people will try to take advantage of this to get you to buy their product or service, which is why its always a good idea to check if that authority figure benefits financially if you follow their advice.
Social Proof