Turning the Herd Into Cash
Turning the Herd Into Cash – Limit It For More Value – The herd mind places high value on things that are limited or scarce.
For the most part, you should try and make something limited no matter what you are promoting.
If it is your own product, you can limit the price for a certain amount of days… “Price will increase in 3 days, etc..” Or if you are promoting somebody else’s product or opportunity, then give away a bonus package for whoever joins under you, and limit that.
It really doesn’t matter what you limit, just as long as part of the offer that you are promoting is limited. This creates an urgency and a need not to be left out.
Nobody wants to be left out. That is one of the main driving forces of the herd.
We join the herd mentality to not be left out. Like I said earlier, it’s the whole “if everybody else is doing it, it must be okay” idea that keeps the herd going strong.
And those things almost always translate into more sales. Find a way to limit your offers, either with time, price, bonuses or whatever.
In my opinion, don’t ever try to sell anything without some part of the offer being limited.
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