Sales Technique MOST People Fall For
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- Опубликовано: 29 сен 2024
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Jokes on him He had 120 on him
🤣🤣🤣
Problem tho is even if he had 120 on him and only offered 100 and was firm, that raises the risk of a no sale if the customer doesn't value the item over 100. Sellers assess how the customer reacts to the higher prices and follows the negotiations by what you say, body language and demand of the item.
An example of good bargaining. Seller made a bigger profit, buyer didn't spend all of his money. Win-win.
This is a joke guys
One piece fan eh
The opposite of lowering the price saying it very low and take ot to the real price ye want it for
I do that all the time without any knowledge
Ah, the art of scamming
My mom could have bargained and bought that at $40 🥱
The funny thing is actually the customer anchored the price at 80usd first. It could have very well been 10000usd or 1mil or whatever.
Yeah, getting to be the first to state a price is really important
Well, no. No matter how much anchoring works, it wouldn't get you something costing 1 mil for 100 bucks.
Lmao as the seller you have all the power
@@ChrisOReilly it would if you were rich and used the piece and your connections in the art world to avoid paying taxes.
Nah.
Cost of a good is the unwritten rule of price anchor.
You cant sell under the price it cost you make something. If you do then its lost TIME, lost money, and wasted energy.
(MY terms of economics everything costs time, money, and energy)
The price is as high as people are willing to pay.
and idk how this relates to economics in the grand scheme of things but the ultra ulwealthy being able to buy stuff thats a necessity kinda ruins "need based goods"
So if a person is willing to buy generic old almost moldy bread for $200, what merchant would deny that sale?
Sadly I think that's an issue for the housing sector namely gentrified areas. But that's WAAAY beyond what youtube or even my skillset could accurately understand/solve. But it ticks me off anyways that houses can bloat soo high just cuz super rich can rise the market price for houses and other goods.
He messed up tho by quickly jumping and saying “wait wait just for you it’s $100” drag it a little bit to make them think they haggled instead of the sale person folding
True ⬆️
Then there’ll be a “follow for part 2”
Nah, this is better
I always ask for a lower price, I set the bar lower before the seller can set it higher. I learned it from my mum when we used to go to Turkey and bought from bazaars.
"Wait that was smooth by the way"
"What do you mean?"
"By you setting a higher price, and me saying I don't have enough, you were willing to go lower so it seems like I got a good deal but I didnt"
"Ahh you caught me! But how'd you know?"
"I follow [enter name here]"
"I follow (Josh Otusanya) 😁 "
"Muaha"
Bwamuhahua
Muehehee
Is there any hope escaping Josh Otusanya
@@LLGameShows yes
But at the same time he can take that $100 painting to an appraiser, pay them $100 to say it’s worth $1,000, donate it, and now have a $1,000 tax write off. Ladies, gentlemen, and all in between….welcome to the art industry.
you spelled welcome to the "Money Laundry" wrong.
Great, now where in your mystical place do you think you're gonna find an art appraiser who is going to value it 10x? If it is that easy then why aren't you doing it?
@@duckmeat4674 that's how the shoe industry, ccg industry, most of the gaming industry, fantasy gambling industry, music industry, fashion industry, entertainment industry... (should I keep going) all work.
The reason you can't do it is because the market is belligerently saturated with literally everyone doing it. I mean, how the fk do you think Stock Valuation works?
You are gonna have a rough life if you're still trying to figure this crap out.
@@ZennExile I didn't say that's not how it's done, I told him to do it if it's that easy
@@duckmeat4674 my bad corkscreweiner, I assumed you were dropped on your head as a child.
#1 rule. Never fall in love with what you're buying. If they want to raise it too high come back with a $60 offer and ask them if they really want to play stupid games.
I have been trying this with a motorcycle I really want and it's just not working. Now they can't even get the motorcycle in stock because of supply issues
@@andrewbetances1203 Do you want it or need it? If it's a need then you're at the mercy of the seller. If it's a want then take your time as everything is inflated.
As a second hand seller and an artist, if you believe you can get the item for cheaper elsewhere, go ahead. I would expect a haggle aslong as it's close to my asking price. If an item by a seller is overpriced, it's usually, they overpaid themselves and haven't given the item as a bad job or they saw the item for a high price once and hasn't gone back to check again. As for sell your own paintings, it's double the price of materials and then $4/£3 an inch, which would make a painting that size around £200-300.
When someone is willing to lower the price that much that makes it sus to me and puts me off buying at all
š0
Could just want quick cash and no BS
@@jondoe5305 but he just started BS by mentioning a much higher price
Lamo bargaining is an art itself. And all indian parents are expert in this art
100 rupee becomes 10 in India
seen it with my own eyes you guys have poker face
I finna use this to blackmail my momma. Thanks!
damn
You can try asking for something small and then go back and ask for what you really what. Works everytime. Got 50 bucks instead of 20
MONSTER!!! NOT TO MUM'S ONLY DADS!!
“finna” is NOT a word!
Go back to school…
@@KneelB4NoMan Grammar police.
Someone tried to do this to me in the past. Joke is I forgot how much money I have in my wallet and I just kept overestimated the amont. When we negotiate, He had to anchor the price two times until I open my wallet to see that I have much less money than agrred price and he decided to anchor the price again.
My father told me this several years ago, now i'm 18 and everything i've sold or i am selling is using this technique, also buying it's a good idea to use it in reverse mode, thanks dad!
I watched pawn stars your service’s will not be needed
If I want to pay 80 for something I take a 100 with me but start of with 60 and say I only have 80
but with my mum these tricks never work , she straight away comes and says 20 bucks and the sellers goes in state of shock
Indian moms laughing hard in the corner 😂🤣
Believe when my mom starts bargaining I don't stay any where near cause I has a feeling that the shop keeper would pull a stick to beat us ...
Shopkeeper - 1000
My mom - 100
Me - 😶
Done this for awhile and never knew it lol
Woulda tried the same, but with a guy who doesnt know art at all, a last minute decent peice of inspiration, and stopped the "well actually" at "$100" and sell something worth maybe 13 bucks for almost 10x more. Make him feel like I let him in on the behind the scenes of scammi- er... I mean business so that he pays $100 with not only no regret but feeling like he got anything useful from that interaction.
By inflating the price way more than it will ever be worth. I can move it up and down with in my level of greed. It only cost me 80.00 to buy this product and receive in my store. So when i sell it it will cost you 180.00 so when i give one price but go for the little lower price. It is because i inflated the price sssssssooooooo much i still walk away with a 100% mark up. Im still making it out over you by far. Now pay more on your hysterically small paycheck i am willing to give you.
actually he have 200USD in pocket,,
and he about to bid it online expecting to get 1k USD
but someone turnout bid it for 1,2k USD
This also works the other way around!
Our moms would hav started the price at 20 and somehow you would have sold it in 10
Yeah for me if I want an initial price let's say it's 100 I would put an item at 120 or higher becuase of this the buyers will negotiate the price and if they negotiate lower than my initial goal I reject most of the times I get more that my initial goal
Even a street dog in India knows this shit
But the buyer had 100 and offered 80 knowing he could pay 100. Now the seller thinks he got a deal because the buyer paid 20 dollars more. This trick works for both sides
True
Yeah next time teach us how to breathe
Live in an Indian middle class house for a year . You can learn a lot more about negotiating 😀😀😀
I knew this at 8, pro tip this is unnecessary in small towns it seems too high and they don’t usually bargain.
Him:blah blah blah
Me:heh,so you can give it for 80 huh?here ya go then*hands 80$*
in psychology this is called “door in the face” and it’s used for compliance. maybe don’t teach ppl how to manipulate other ppl
it's how sales works deal with it
That’s why instead of offering 80 u should’ve offered 50 so he couldn’t raise that much
My mom: I will give you 10 dollars
Salseman: Last price 30 dollars. Plz mam
What?!?!? I usually ask for less than what people offer, you’re not supposed to do that??
Jojo bizarre adventure already taught me this
Anything is worth what you're willing to pay. If you're willing to pay $100 for that painting, it doesn't matter what the market says.
Dealerships across the US: F**k
No cap I actually thought of this technique before watching this vid l😅
Indian moms would buy that same painting from you at 60 bucks only. 😂
He's the only one that I can tolerate watching all these other people are so annoying to watch 😂
Wen asking ur parents for money use this scheme: say u need $20, ask them for 200 and so 20 won't seem like alot to them
hay what is your advice on what to do with a large inheritance like a couple hundred thousand
I do it every day in india
This is common sense or at least should be. A fool and his money will soon be parted
Oldest sales technique from 5 BC. You don't need a guru to tell that
Well I mean instead of buying my car the intended price 115k the guy robbed us and extra 15k so we paid 130k for a 115k car if only I knew sooner
@A B what’s wrong😂
If people say just for me I will either walk out not buying it or just raise my price by 5
Every child know this technique in India 😂😂😂😂😂
Tbh I really hate this type of people, just be honest. That's why bargains are now a must. Like you have to bargain so hard that the other part usually loses some money bc he's desparate to sell sth
4 years ago one of my friends sold me AirPods this way; we agreed to $100 but he said he got a higher offer and was willing to give it to me for $115. It was worth it though, I still use them to this day.
To him the friendship is worth $15
Is this really nt known. I'll admit I didn't know what it was called
The first to say a number loses
A number loses
If you actually need the simplest advice, don't start trading at all. You will just be screwed over.
Here’s a real good one. Say you could buy it for 80, then when they say it’s 120, go “damn I only have 70 on me”. Artists *really love it* when you haggle and waste their time.
Here’s an even better one. Tell them you’ll give them exposure in exchange for the artwork instead of money. now that’s business
@@abudgie6909, an artist doesn't need exposure, that is easy to generate, actually selling their work is another. And art teachers are wondering why so many artist "sell out" and go into commercial venturers like game and film etc... or end up teaching themselves, it's the only way to pay the bills.
@@stevenstocker9873 the joke is that they don’t like when you off exposure 🤦♂️ that joke went over your head like an airplane.
Yes I've done this before but with bigger numbers by selling dirtbikes and quads but its tricky because if you set that price too high you will scare of a customer specially if he has seen the product somewhere else before or knows a little too well about what's he is looking for
The more good options your customer has the lower that price anchor should be bc they will choose another product or the same one somewhere else
If you own a shop you'll know it without being told.
Ok now that you're ok with 80 bucks, Im buying this for 80$
Reminds me of runescape , Ragnarok and celtic heroes
That’s really smart but I’m not buying it anymore
😴 Don't recommend this channel. Bye 👋🏼
Also I think the buyer can do something similar, like offering 4k on something with a value of 5k
Nobody told me this technique before. I just figured that out. When I told that to my parents and my girlfriend, the three of then called me stupid abd said that was so dumb. :(
No one can top a 'Baniya' in bargaining in the World.
In India, we do this every day. Even kids do this.
Yeh I’ve already seen pawn stars so I know exactly how this works🤣😂
Bruhh its just ordinary every day thing in India
(Hunter Biden has entered the chat)
It's a scam and how the rich launder money
Normal everyday vegetable thing in India
Bro I would sell that for more than 100$
This is literally just haggling 💀💀💀
Actually the first price said is the anchor, so the salesman got anchored at $80.
Finally some of yours video that i could understand
Glad to see all my virtual (insert video game) traders coming forward about having already mastered this art cus if u don't it's legit just
What do you value it at
Idk what do you think it's worth
Idk
Plot twist it was worth 1 million and the buyer knew that
Indian mom's be like - NOOBS
So is he still gonna buy the painting?
I know this from the sneaker business
Salesman’s : DAMNIT THEY’RE LEARNING 500 THOUSAND NOW KNOW OUR SALES TECHNIQUE
This is so basic i knew this when I was 5
Indian aunty laughing in the back
As a professional salesmen, I can attest to this. I sold Kirby home maintenance systems for $3,210 and this technique had a lot to do with it
I literally do this all the time._.
I thought everyone knew you start high or low depending on which end you're on?
Exactly,, Who wouldn’t know this??
Too bad can’t do this in stores
That's when your mouth runs too much,this was hella helpful thanks
If you wanna be a good salesman, sell something you don't have to someone who doesn't need it, then you are a good salesman
That's an order taker there is a BIG difference
@@jacobharris2373 it is called a joke 😅
First good and usable advice from this dude
Yeah, this is called bargaining
I felt good when he said "follow to know more" and not "Am following him hence I know about it"
Reality:
“Its 120”
“What? Smd”
😂😂 or he will tell you f-off get outta here 😂
This video has no dislikes
I did that in kindergarten… but I would sell chewing gum because they thought It was cool back then… I got scammed once 😅
And if we do the opposite, those scum dealers will say we are low balling. Lmao.
Nice hand gestures
Ngl I do this alot
Actually.... when you go ANYWHERE (Hobby Lobby, Kroger, etc) that has a "sale"... price inflation essentially makes you "break even" on a supposed SALE you thought you got. In other words, the sale occurred at the time of a price increase so you THINK you're paying the sale price, but you're actually paying the current price asked OR more. Anchoring is anchored in EVERY "sale" (esp franchises)