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Client Acquisition Academy

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151 contributions to Client Acquisition Academy
๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐ง๐ฎ๐ญ๐ฌ!! ๐Ÿคช How Costco Wholesale got me to spend $850 using a $33 carrot
Back in May, I decided not to renew my Costco membership. It seemed logical, why spend $130 when I wasnโ€™t shopping there often? Then, in September, I got a surprise in the mail.....A cheque for $32.92 ๐Ÿ’ธ from my Executive Membership cashback I saw that cheque asย MY money. If I didnโ€™t use it, I felt like I was throwing away money I had already earned. That tiny check triggered a whirlwind of mental gymnastics to justify why I needed to renew my membership. Fast forward to yesterday: Not only did I renew my membership for $130..... I spent another $750 With the membership fee added, that $33 cheque cost me $850. Now, hereโ€™s the brilliance ofย loss aversion: We fear losing something we perceive as ours, like the cashback I earned. If Costco had sent me a $65 coupon or even 50% off my membership, it wouldnโ€™t have worked even though it's MORE than the check. Discounts donโ€™t feel like losses avoided, they feel like optional bonuses. Costco didnโ€™t trick me, they simply leaned on a fundamental principle of human psychology. And it worked like a charm. Do you use loss aversion in your discussions with clients? Share your story! ๐Ÿ‘‡
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๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐ง๐ฎ๐ญ๐ฌ!! ๐Ÿคช How Costco Wholesale got me to spend $850 using a $33 carrot
Stop selling to make more sales .... find out how
๐Ž๐ง๐œ๐ž ๐ฆ๐ฒ ๐š๐๐ฏ๐ข๐ฌ๐จ๐ซ๐ฌ ๐ฌ๐ญ๐จ๐ฉ๐ฉ๐ž๐ ๐๐จ๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ, ๐ญ๐ก๐ž๐ข๐ซ ๐ฌ๐š๐ฅ๐ž๐ฌ ๐ฐ๐ž๐ง๐ญ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ซ๐จ๐จ๐Ÿ ๐Ÿ“ˆ What did they stop doing? Selling! Sounds crazy but hear me out....Once they stopped trying to "sell", we saw a dramatic increase in the rate of prospects that turn into clients. Instead of selling, they got really good at uncovering pain points. Watch the video to learn how you can start doing this immediately
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New comment 14h ago
Stop selling to make more sales .... find out how
0 likes โ€ข 14h
@Mehran Khan My pleasure. Let me know if I can be of service.
CAA Premium starts this week - details below ๐Ÿ‘‡
Hey everyone, I can't even begin to tell you how excited I am. Something big is about to happen! We have carefully chosen an elite group of financial advisors. Each advisor bringing their unique experiences, insights, and unstoppable drive. Together, weโ€™re going to tackle challenges, break through limits, and support each other in reaching levels weโ€™ve only dreamed about. This mastermind is more than just sharing ideas. Itโ€™s about creating a unique community of high achievers, united by a commitment to push ourselves and each other. Imagine what can happen when we combine our strengths, challenge our weaknesses, and build each other up. This is our chance to gain clarity, uncover opportunities, share ideas that are already working, and hit goals faster than ever. Our first initial group is full as everyone has been hand picked based on asset size and income qualifications. If levelling up in a BIG way is important to you, let me know in the comment section and I will let you know when the next group can join in December. P.S. The value from the very beginning will be in the tens of thousandsย of dollars!!!
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New comment 6d ago
CAA Premium starts this week - details below ๐Ÿ‘‡
0 likes โ€ข 6d
@Sujit Nair Will do Sujit.
NEW
I'm olivia, While Iโ€™ve faced some obstacles, Iโ€™m eager to connect, learn, and grow with all of you as I work on taking my BUSINESS to the next level. Excited to be part of this community and to share this journey with you! Looking forward to learning from and engaging with each of you.
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New comment 13d ago
0 likes โ€ข 13d
Welcome Olivia, we are here to help everyone grow.
This simple shift landed an advisor a $2.5 million dollar client!!!
Watch the video to see how easy it SHOULD be to close big clients. If you're interested in participating in our Mastermind groups, where we share career changing tactics like this one, DM me or comment "Mastermind" We are currently full, but will open up again in early December. To your success!
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This simple shift landed an advisor a $2.5 million dollar client!!!
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Ermos Erotocritou
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@ermos-erotocritou-2540
I Help Advisors scale their business | Founder and CEO of Client Acquisition Academy

Active 7h ago
Joined Feb 27, 2024
Canada
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