The Psychology of Mafia Offers “Dr. Lisa” Lang April 15, 2009 www.ScienceofBusiness.com www.MafiaOffers.com ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 1 The Psychology of Mafia Offers From this: ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 2 The Psychology of Mafia Offers To this: ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 3 The Brain ©2009 Dr Lisa, Inc. [email protected] The New Brain – where rational thinking occurs The Middle Brain – where emotional processing occurs The Old Brain – where decision making occurs www.ScienceofBusiness.com 303-909-3343 4 6 Stimuli of the Old Brain Self Centered Contrast Tangible Input Beginning & End Visual Stimuli Emotion ©2009 Dr Lisa, Inc. [email protected] Old Brain www.ScienceofBusiness.com 303-909-3343 5 6 Stimuli of the Old Brain From Neuromarketing Self Centered Contrast Tangible Input Beginning & End Visual Stimuli Emotion ©2009 Dr Lisa, Inc. [email protected] Old Brain www.ScienceofBusiness.com 303-909-3343 6 From Neuromarketing 4 Steps to Sell to the Decision Maker 1. Diagnose the PAIN 2. Differentiate your CLAIMS 3. Demonstrate the GAIN 4. Deliver to the OLD BRAIN Your Selling Probability = Pain x Claim x Gain x (Old Brain)3 ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 7 Sound Familiar? 1. Diagnose the PAIN 2. Differentiate your CLAIMS 3. Demonstrate the GAIN 4. Deliver to the OLD BRAIN ©2009 Dr Lisa, Inc. [email protected] 1. Agree on the problem 2. Agree on the direction of the solution 3. Agree the (our) solution solves the problem 4. ?? www.ScienceofBusiness.com 303-909-3343 8 To Deliver to the Old Brain – Trip the Psychological Triggers Self Centered - Contrast – Tangible – Beginning & End – Visual - Emotion To deliver to the old brain … We NEVER start with who we are and how long we‟ve been in business and all that typical blah, blah, blah stuff. The old brain doesn‟t care. We start by making it about them – the old brain is SELF CENTERED And this is in CONTRAST to what most of their suppliers do ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 9 To Deliver to the Old Brain – Trip the Psychological Triggers Self Centered - Contrast – Tangible – Beginning & End – Visual - Emotion 1. Agree on the Problem Analysis of Supplier Practices The negative effect on YOUR business ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 10 Agree on the Problem Self Centered – Contrast – Tangible – Beginning & End – Visual – Emotion Supplier Practice: Minimum Order Quantities and Volume Discounts Customer's Mode of Behavior: Batch orders (delay ordering) to accumulate needs and order larger quantities to get the discount. Implications on YOUR Business: High inventory with all the cost and risk that goes with it. And lots of cash tied up! ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 11 To Deliver to the Old Brain – Trip the Psychological Triggers Self Centered - Contrast – Tangible – Beginning & End – Visual - Emotion 2. Agree on the Direction of the Solution Criteria for a Good Solution Our Mafia Offer Explicitly define the GAIN ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 12 To Deliver to the Old Brain – Trip the Psychological Triggers Self Centered - Contrast – Tangible – Beginning & End – Visual - Emotion 3. Agree our Solution Solves their Problem Check Our Offer Against the Criteria and what our competitors are offering Show the proof of the gain Customer Story Demo Data Trust me ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 13 To Deliver to the Old Brain – Trip the Psychological Triggers Self Centered - Contrast – Tangible – Beginning & End – Visual - Emotion Wrap up Repeat your offer or claims one final time “What do you think?” “Where do we go from here?” ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 14 Some Results “We have increased our sales by 50% within 9 months of going out with our offer.” Lane Gerber, Trusted Manufacturing “We have increased our sales 80% and have been able to move the constraint from the market back into the operations.” Alessandro Bernacchia, Guntert & Zimmerman “We landed a new $1 million account within 3 months of our boot camp. Now that‟s an offer!” Paul Caravello, Wilen Group “We are a current customer of Dr. Lisa and I must say that the mafia offer that she gave us literally saved my business and helped us grow sales almost 100% since we started (1 year).” Grady Cope, Reata Engineering “In August „07 we had over a 7X increase in premium collet dollars in just 8 months after going out with our offer.” Richard Pettibone, Drewco ©2009 Dr Lisa, Inc. [email protected] www.ScienceofBusiness.com 303-909-3343 15 References (click the book to get the details) Predictably Irrational The Psychology of Influence Why People Buy Made to Stick Emotional Intelligence How the Brain Works Descartes Error ©2009 Dr Lisa, Inc. [email protected] You‟ve Got To Be Believed to Be Heard Neuromarketing The Emotional Brain Scientific Advertising Unleashing the Idea Virus How Customers Think www.ScienceofBusiness.com 303-909-3343 16 Questions? “Dr Lisa” Lang is the President of the Science of Business, and recently served as the Global Marketing Director for Goldratt Consulting. She is TOCICO certified and the author of 3 books: Maximizing Profitability, Achieving a Viable Vision, & Increasing Cash Velocity. Dr Lisa specializes in increasing profits in highly custom job shops and applying Theory of Constraints, Lean and Six Sigma to sales and marketing, having developed the Mafia Offer Boot Camp and the Velocity Scheduling System. In addition to consulting, she delivers 50 speeches and keynotes a year for a number of associations and organizations including Vistage and TEC International. ©2009 Dr Lisa, Inc. [email protected] [email protected] 303-909-3343 www.ScienceofBusiness.com www.MafiaOffers.com TOCICO Board Member www.ScienceofBusiness.com 303-909-3343 17
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