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When they pitch their product, contrepreneurs will dramatically inflate their product price so that they can offer what appears to be a massive discount.
This is a sales tactic called “price anchoring.”
The idea is to make your prospect believe that the product you are selling is worth a very high price.
People naturally feel compelled to take advantage of discounts out of fear that they may have to pay more to get the same product later.
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The final piece of the Contrepreneur Formula is time and availability limits.
Most people will wait to make a purchasing decision until something forces their hand.
Putting a countdown timer on a special discount, bonus, or claiming that there are only 50 spots available in your progr...
The Contrepreneur Formula uses a set of psychological tricks to sell scams to people who are desperate or disadvantaged.
The point at which marketers and entrepreneurs cross the line into contrepreneur territory is when they start creating false success stories, promising results they canno...
Once the contrepreneur has demonstrated that they were once just like you, it’s time for a product pitch that promises extraordinary, unrealistic results.
Want to quit your job and make a million dollars this month instead? Buy my product.
Want to lose 50 pounds in three weeks? Pull ...
If you’ve spent any time online in the last decade, you’ve likely seen an ad that promises to teach you the “shortcut” to getting rich, losing weight, or attracting the mate of your dreams.
These “free” events are nothing more than a sales pitch in disguise.
Success in the contrepreneur world is often demonstrated with expensive sports cars , mansions, private jets, and an entourage of gorgeous models.
This works because of a concept called “wishful identification.
These “success stories” are lies. Fake gurus have been caught renting mans...
The first tactic that contrepreneurs will often use is to tell you a “rags to riches” backstory.
For example, many people selling “get rich quick schemes” will talk about how they struggled with their own finances in the past.
This is an effective marketing tactic because it builds a...
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With value being in the eyes (and experience) of the consumer, the price they are asked to pay must be (much) lower. The entrepreneur’s job is to figure out at what price their product is attractive, and then choose a cost structure that allows for profit. In other words, the price is a
People are compelled to share things that they find useful because they want to be perceived as helpful and nurturing to their tribes.
Whether that be a new product that improves lives by producing a lot of value or something that produces that value at a lower price.
Language is impo...
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