The Principle of Commitment and Consistency

Forum for insurance professionals on data and technology
Post Reply
bdjakaria76
Posts: 358
Joined: Thu May 22, 2025 6:05 am

The Principle of Commitment and Consistency

Post by bdjakaria76 »

People like to be consistent with things they have previously said or done.
* Application:
* Refer back to previous agreements or points of interest they expressed: "When we last spoke, you mentioned that [Specific Point] was a key priority for you. I wanted to follow up on how our solution directly addresses that."
* Gain small commitments along the way (e.g., agreement to review a document, commitment to a short next call) which can lead to larger commitments later.

7. The Fear of Missing Out (FOMO):
This powerful motivator makes people anxious about uk phone number list missing out on something beneficial or that others are experiencing.
* Application:
* Subtly highlight how peers or competitors are benefiting from similar solutions (without being negative).
* Emphasize the potential missed opportunity of not addressing a critical problem.

8. The Power of Storytelling:
Stories are more memorable and engaging than dry facts.
* Application:
* Use brief, relevant customer success stories to illustrate how you've helped others solve similar problems.
* Frame your solution within a narrative that resonates with the prospect's situation.

9. Addressing Loss Aversion:
People are often more motivated to avoid a loss than to achieve a gain.
* Application:
* Frame your benefits in terms of how they help avoid potential losses (e.g., "avoiding costly errors," "preventing downtime," "reducing wasted resources") in addition to achieving gains.
Post Reply