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September 01, 2009

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Several years ago, we worked with a team of financial advisors. They asked us to help them convert more prospects into clients. When we looked at their process we were stunned. They used a 27-step process that all prospects needed to follow in order to do business with these advisors. The psychology is pretty simple - only half the population can follow a procedure of any length. And, not all of them can follow a 27-step program!

So, we categorized the steps into groups. The 27 remained the same, but they were orded into seven categories, which we called "steps" in the big poster that illustrated how simple the process was. The result was great. The hole in their bucket was plugged up and they wrote a lot more business.

The simple point - yes, all selling is just an application of psychology.

-- Michael Lovas
www.aboutpeople.com

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