Remove Psychology Remove Research Remove Strategy
article thumbnail

How Can Price Anchoring Lead to Successful Negotiation Strategies?

SalesFuel

It can be successful because it leverages psychology. Research indicates that price anchoring is effective due to the anchoring effect, a cognitive bias where people place significant importance on the first piece of information they receive. Beginning the negotiation process with a higher-price solution is a suggested strategy.

article thumbnail

Psychometric Assessments for Recruitment: A Complete Guide

SalesFuel

Research shows that cognitive ability is one of the most reliable predictors of job performance. Predicts Job Performance According to research by the Society for Industrial and Organizational Psychology, cognitive ability tests show correlation to job success.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Are the Most Powerful Customer Motivators that Drive Purchases?

SalesFuel

Buyer Psychology Reveals Customer Motivators Buyer psychology investigates motivations behind purchasing decisions. More importantly, in the B2B world, buyer psychology explores the influences and behaviors behind those decisions. Sales Intelligence | Marketing Research | Sales Hiring | Credibility | Sales Enablement

article thumbnail

What Should Sellers Know About Sales Urgency?

SalesFuel

Counting on a psychological trigger to motivate your customer is pure faith. Discuss their Pain Points to Push Beyond a Strategy of Hope Simply hoping your customer finds motivation will not work. Photo by Thirdman on Pexels.com SalesFuel - Sales Intelligence | Marketing Research | Sales Hiring | Credibility | Sales Enablement

article thumbnail

Best Sales Strategies Don't Include Covert Manipulation

SalesFuel

Similarly, manipulating a person’s opinion can be rationalized if it serves our best sales strategies to further our purpose. The Best Sales Strategies Do Not Require Rationalization “People who are covert manipulators don’t always recognize what they are doing.” It’s often a matter of degrees as to how much manipulation is too much.

article thumbnail

Does Your B2B Closing Technique Include This Strategy?

SalesFuel

Share Your Strategy. A previous SalesFuel post advised sellers to share their closing strategy at the first meeting. Matt Dixon, this time writing for Harvard Business Review , speaks to a psychological effect called omission bias. Therefore, doing nothing may seem like their safer option. Consider Dixon’s J.O.L.T.

article thumbnail

Manage Smarter 255 — Real Teams vs. Performance Groups with James Scouller

SalesFuel

These workbooks are designed to be practical guides, explaining the psychology, action principles, and roadmaps behind team success. The trilogy is divided into three parts: understanding team psychology, addressing psychological issues, and applying effective models for team success.