You’d think giving away $100 bills would be easy, wouldn’t you? Well, you’d be wrong. Take a look…
Mike Enlow, an internet marketer, ran an experiment to literally give away $100 bills! He set up a site offering the money, promoted it on search engines and through advertising, and left the site up for several months:
Not a single person took them up on the offer of the free $100 bill!
Here is the ad they ran on the Freeyellow website:
I’LL SEND YOU A $100 FOR FREE!!!! you just pay the cost of $10.95 to have it mailed to you by overnight delivery!! My supplies of these $100 bills are limited if I run out your order will not be processed so act now!!!!! Act now to get $100 (U.S. Currency) by overnite delivery!!!!!! WHERE ELSE CAN YOU GET $100 FREE? <Click Here To Order Online
In an article explaining why he did this, Mike listed six reasons why he believed the ad didn’t work…
However, someone pointed out something which - at least to me - was even more important than the reasons listed in the article: it’s that you have to pay $10.95 to have this $100 sent to you!
I don’t know about you, but if I’d read that ad, my immediate suspicion would be: scam.
(Like the letters that say you recently won a prize draw, and the $10 million prize fund is waiting for you, if only you send back a form along with your “prize administration fee” of $14.95. Sadly, thousands of people - especially the elderly - fall for them each year.)
That was my main impression of the ad, at any rate. Not only did it have zero credibility, it actually read like a scam - no matter how great the offer.
The funny thing is, in so many aspects of our lives, we’re all trying to give away hundred dollar bills. Maybe not that specific dollar amount, but we may be trying to give away something we think is of value.
For example: maybe it’s the drink you’re offering to buy that hot guy or girl in the bar. Maybe it’s the free email subscription you’re offering to your site visitors. Maybe it’s the RSS button you’re hoping your visitors will press to subscribe to your blog.
If you get turned down, maybe you’re simply offering the $100 bill the wrong way.
Seriously. If someone came up to you in the street and offered you $100, I’m betting your first reaction would be, Why?
In fact, given that I’m intimately familiar with the “weapons of influence”, I’d be very wary of taking money from someone for nothing. What are they expecting in return?
One of the simplest and yet most effective things you can do in life to improve your marketing and, quite frankly, just about everything you do to persuade and influence others, is to look at it from the other person’s perspective.
That girl in the bar for whom you’ve just offered to buy a free drink, your thinking it sounds like a good offer, but maybe she’s thinking: “Oh, great. Yet another guy that wants to get into my knickers.” And then when she says no, you go back to your guy friends and blame your hair, or her sexuality. (Come on guys, admit it!) Really though, you offered her one thing, she saw it as something else.
That visitor to your site to whom you think you’ve just made a killer offer in exchange for signing up to your email course, maybe they’re just thinking, “Oh no. I like the offer, but if I fill in this form I’m going to get yet more offers for things from this marketer. I get too many emails already, so I won’t bother.”
Shift your own perspective. Stop seeing your offers through your eyes.
Giving things for free should be easy, shouldn’t it? But it’s not. Otherwise everyone who visited your site would sign up to your free email course, or your RSS subscription. Or every girl and guy would take you up on your offer to buy them a drink.
(The exception, of course, is my blog… where most new visitors subscribe, because they’re a smart bunch of people who want to develop their influence, persuasion and marketing skills, and don’t want to miss out on all the great future posts.)
At its most basic level, the key to influence and persuasion is simply to know where a person’s at, and then to know how to get them to where you want them to be.
Most people are poor persuaders simply because they don’t get the first bit right - they don’t realize where a person’s at in the first place!
In the case of the ad for the free $100 bill, the reader is “at” a position of deep skepticism. Why would anyone give away $100? This looks and smells like a scam.
The ad did absolutely nothing to take readers past their initial skeptical state. And hence nobody claimed their free $100 bill.
So what’s the “key point” you can take from this article and use today? It’s that: whenever you’re trying to persuade or influence, which includes when you’re offering something for free, recognize the other person’s state first.
In the case of a free offering, most people’s initial state is skepticism. Why is this being offered for free?
If the initial state is negative, like skepticism, disbelief or just plain old disinterest, and you’re trying to “sell” them something (or even offer something for free), you’ll usually need to overcome this initial state before you have a chance of persuading them.
In the end, Mike Enlow revised the $100 bill offer, established credibility and believability, and “sold” a hundred dollar bill to the very first person he contacted.
He took them out of a state of skepticism, and into a state of trust.
So next time you want to wield your persuasion and influence skills on your husband, wife, children, site visitors, or even that hot guy or girl you noticed at the bar, make sure you’re able to recognize where they are “at”, i.e. what state they are in. If it’s not a good state, change it first!
(Oh, and if you’re asking yourself, “So how exactly can I recognize that state?”, or “What do I do once I know their state?”… sigh… do you want everything on a plate? Maybe you’ll find out soon if you’re signed up to my RSS or subscription feed…
)
If you enjoyed this post, make sure you subscribe to my RSS feed!
17 Responses
Gideon Shalwick
September 12th, 2007 at 7:03 am
1Paul
I can totally associate with the need to know where people are at first, to be able to increase your chances of influence.
For my first workshop I ever did, I started off on a really bad note. I basically made a promise that most people in the audience simply could not deal with. It was simply too good to be true. And all I said was…
“What I’m about to reveal to you today could change your life forever…”
Perhaps it’s ok to say the above line as an opening sentence, but I think the way in which I said it perhaps did not come across very sincere - I was terrible nervous, and I think that might have influenced the way it came across.
The bottom line is that I did not meet the audience where THEY were at, and as a result I came across really phony. It took me the whole morning to “win” them back again. Phew!
In any case, I learnt a very valuable lesson that day!
Cheers!
Gideon Shalwick
Paul Hancox
September 12th, 2007 at 11:34 am
2Thanks for sharing, Gideon. Sounds like you had a very skeptical audience on your hands.
But like you said, maybe they just weren’t “at” the same place as you - at least at the start.
Mind you, it’s good you had that experience right at the start on your first workshop, because once you’re consciously aware of it, you learned a lesson which you could use to improve how you did things on your next workshops.
Great stuff!
Our First Monday Blog Links | Blogging Profits
September 17th, 2007 at 4:21 pm
3[…] Internet Influence Magic tells us How To Give Away Hundred Dollar Bills […]
Steve Mills
October 25th, 2007 at 5:19 am
4I think that blogging, rather then just throwing up sales pages is the best way that people can combat this. By seeing the identity behind the message, and that you are genuine and offer them something of value they will be more likely to participate in any exchange with you (give you an email address etc.)
Good to see a clear perspective on this.
John
November 13th, 2007 at 4:11 pm
5When I first came upon this article, I was looking for something else, but I’m glad I actually read through. It is a good read and interesting perspective.
I have something of a similar experience with what I do. You see, I also give away “$100 bills”. Except mine are drop cards, or business cards. We create $5, $10, $20, and $100 bill drop cards for businesses to use as their business card. When folded, they’re very realistic looking and are quite the novelty.
Personally, I use the $100 bill and will, on occasion, reach in my pocket and present one to someone and say something like, “Hi, my name is John and I make money for other people’s business.” From the recipient’s point of view, I’m handing them a $100 bill. I can’t tell you how much fun it is just to observe the facial expresions when I do that. It’s truly priceless. And it’s, in large part I’d imagine, for the reasons you’ve stated in your article; skepticism. Sometimes I actually have to nudge it closer like I’m feeding a nervous squirrel and say, “It’s okay, take it.”
Although it’s fun to hand them out (and very effective by the way), it’s also a bit of fun to leave a couple here and there on the ground in a public area or especially on the seat (as if it’s fallen out of someone’s pocket) of a coffee shop chair. I’ll tell you what; NOBODY is skeptical when they think they’ve come across a lucky find. I’ve placed hundreds of these things about town and none have remained in their place for more than 45 seconds (No, I haven’t actually set a stop watch to it, but that’s about average).
Again, thanks for the good read.
Best Regards,
John
www.DollarCardMarketing.com
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November 20th, 2007 at 12:46 am
6[…] Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Alanat Coop News » Stanford’s 10 Guidelines for Increased Web Credibility
November 21st, 2007 at 8:49 am
7[…] Stanford’s 10 Guidelines for Increased Web Credibility November 21st, 2007 Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
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November 24th, 2007 at 1:00 pm
8[…] Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Heath Slawner
November 26th, 2007 at 3:52 pm
9As someone who has spent the last two years studying and working with Dr. Cialdini through his consulting group, I can tell you from experience that you’ve clearly captured one of the underlying notions of his weapons of influence. One of my favorite lines: “Stop seeing your offers through your eyes.”
This is such a powerful reminder for those seeking to influence and persuade. Why? Because we, as a society, as salespeople, as marketers, are totally addicted to benefit-selling - meaning, we rely almost exclusively on benefits to sell our products, our services. The principles actually help you answer the question: Why it is wise for prospects to say “yes” to my offer?
Here’s a quote from Dr. C himself: “Very few people ask, ‘When is it wise for another person to say yes to my request?’ But if we ask in terms of the wisdom of being persuaded, of choosing to be persuaded, each of the six principles becomes a reason why it would be wise to say yes.”
Alanat Coop News » Stanford’s 10 Guidelines for Increased Web Credibility
November 26th, 2007 at 11:58 pm
10[…] Stanford’s 10 Guidelines for Increased Web Credibility October 18th, 2007 Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Alanat Coop News » Stanford’s 10 Guidelines for Increased Web Credibility
November 27th, 2007 at 3:00 am
11[…] Stanford’s 10 Guidelines for Increased Web Credibility October 22nd, 2007 Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
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November 27th, 2007 at 7:04 am
12[…] Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Alanat Coop News » Stanford’s 10 Guidelines for Increased Web Credibility
November 27th, 2007 at 9:27 pm
13[…] Stanford’s 10 Guidelines for Increased Web Credibility November 08th, 2007 Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Stanford’s 10 Guidelines for Increased Web Credibility
November 28th, 2007 at 3:18 pm
14[…] Persuasion starts and ends with credibility. Some would say that the offer is the fundamental element. But if readers doubt your intentions or honesty, you might as well be «www.internetinfluencemagic.com». […]
Internet Marketing
December 20th, 2007 at 5:45 pm
15As my wife is always to inclined to say: “What’s the catch?”. You see, there is almost always a catch when someone does something for you. They may say it is for free, and it may be from a monetary point of view. But more than likely you need to give up something to get something.
So, the key is to make them want to give up something for your something. Very tricky and difficult. If you can do it, you ahead of the game.
Mike
Allen Johnson
January 1st, 2008 at 6:51 am
16let him do that experiment again and I will buy out his whole supply
http://www.livelymoney.blogspot.com
Franck Silvestre
January 14th, 2008 at 6:24 pm
17Hey,
You are coming back from nowhere! The post was superb. If someone wanted to give me a $100, I’d just refuse, he can tell me anything, I wouldn’t take them!
Waiting for more posts man.
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