How To Sell Your Product Or Service - 5 Reasons Why People Buy

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  • Опубліковано 10 гру 2024

КОМЕНТАРІ • 309

  • @blu8772
    @blu8772 5 років тому +277

    5 Reasons that people buy your product/service
    1. Price (Best Deal)
    2. Selection (People buy from places where offer a wide range of selections)
    3. Qualify (If your products/services are sustainable)
    4. Convenience (People tend to buy things without much hustle and waiting)
    5. Personalization (You want products/services just for you and you only)

  • @PaulFavelaYT
    @PaulFavelaYT 5 років тому +23

    Thanks to Dan´s teachings now I´m a value buyer, and it has changed my life in a great way.
    When you are willing to pay more for a better experience you start seeing things differently. And even better: you start selling differently.

  • @ImWORTHITINC
    @ImWORTHITINC 3 роки тому

    I use amazon because of value & convenience. I act like a wealthy person NOW! I value my time over the price. I value my work and my business, my fans/customers . I dedicate my life to them they’re my family! I’ll do anything to be the example & help them be victorious over the pain!!

  • @RichardFrancis
    @RichardFrancis 4 роки тому +4

    As a Closer, Digital Marketer, and Online Business owner I can safely say everything Dan has shared here is 100% on point. Great video Dan a very good reminder and really gave me some ideas of how to improve results.

  • @bigshotmeshach
    @bigshotmeshach 5 років тому +75

    1. Price.
    2. Selection (options).
    3. Quality.
    4. Convenience.
    5. Personalization (customized service).
    You're welcome @thegreatmeshach

    • @bigshotmeshach
      @bigshotmeshach 5 років тому +2

      Focus only on 1 guys 👏🏾 great value here Dan

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому +1

    I have spent the last 5 years developing the best jobs and service imaginable, by doing what you talk about here; charging more because I want to provide the best. And, my customers love me for it! I try to tell my other yard work buddies on other UA-cam Channels that they should charge more, because they seem to really want to do more, but...

  • @Koeras16
    @Koeras16 5 років тому +1

    Living in the 21th century is a rather pleasing experience. Without UA-cam I(we) wouldn´t have the possibility to listen to quality content like this. With all due respects, if by any random hazard you might read this message, thank you Dan Lok.

  • @SalesRemastered
    @SalesRemastered 5 років тому +5

    "When you compete by price, you die by price." Agreed! You should know the value of your product/service.

  • @shaleiigavesti4510
    @shaleiigavesti4510 5 років тому +2

    Price is one indicator why I buy--but I also look at quality because if a product or service has that quality, I'm willing to pay more; depends on how much I want it; cheap is not always the reason to buy. Recommendations from others who enjoy a product or service is something I consider (Amazon, anyone?). Great video, Dan!

  • @jamsheedbegum1067
    @jamsheedbegum1067 5 років тому +20

    I BUY QUALITY PRODUCTS. QUALITY IS IMPORTANT FOR ME.

  • @raniras8850
    @raniras8850 Рік тому

    WOW !!!!
    1)PRICE
    2)SELECTION
    3)QUALITY
    4)CONVENIENCE
    5)PERSONALISE
    GREAT CONTENT ....

  • @brutallyhonest4695
    @brutallyhonest4695 4 роки тому +6

    Dan, I am so happy to come across you. I am learning things and understanding how to see them differently. May God bless you with a good health, peace of mind, abundance and prosperity. May you keep helping us this way for ages. Thanks Dan for being there for us who cannot afford expensive tickets for such a good lesson. Love your selfless personality.

  • @ImWORTHITINC
    @ImWORTHITINC 3 роки тому +1

    I VALUE YOU & your team Dan!! You all continue to impress me with your wisdom , experience, sales psychology & dedication to helping us succeed! Thanks for what you know but also making us know you care with all you!!

  • @innocentnkadimeng2027
    @innocentnkadimeng2027 2 роки тому +3

    Now im a pro thanks to all your videos, hopefully i can be a business owner and make it a passion to be an entrepenuer in the sales, marketing and promotions
    industry

  • @samanthahardy9903
    @samanthahardy9903 4 роки тому +2

    Being reliable and consistent helps too!

  • @topsalesdev
    @topsalesdev Рік тому

    I'm glad that he is spitting the right stuff to help us all close. Far better than a 4 year of business & economics degree...

  • @oriole8789
    @oriole8789 5 років тому +1

    My pro tip to all of you guys is this. If someone out there judges you for your specific shopping habits or cost saving habits or the car you drive or watch that you wear etc, dump those people immediately. Unless you're a dummy, you likely do what you do for specific well-thought out reasons - reinvesting into your business etc. Other people can derail you quite easily into their own bad habits. Success is hard and requires a lot of sacrifices. If you're still starting out or if you don't have substantial assets to fall back on, stick to your plan and surround yourself with people who are pursuing success; not superficial junk. As you deal with higher-end clientèle, resist adopting their expensive habits. You are not them. They may be in huge debt when they put on the "dog and pony show" that they're letting you see. Just keep these things in mind and stick to your own plan no matter what!

  • @osse1n
    @osse1n 5 років тому +23

    *#1 reason people follow your lead - ENGAGED EMOTIONS*

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому +1

    Actually, as odd as it may sound, my Yardmastering Service(TM) takes advantage of all 5:
    1. We promote based on being the highest priced yardwork in town.
    2. Every other company in town focuses on competition based on price (common in simple service fields like yardwork). So, in the area of selection, we are the only game in town. If you want the best, we're your company!
    3. Offering the best quality yardwork service money can buy is the foundation of our exclusive selection advantage described in #2 above.
    4. Convenience: It is utterly inconvenient to deal with the headaches, hassles, and horror stories of fly-by-night service providers. Our service never has a tuba-playing-the-wrong-note moment. Convenient!
    5. Personalization: Every yard is different, and we take a lot of time getting a picture of what the customer wants their yard to look like. And, I play to that during the bid appointment. We do not offer one size fits all service.
    I really enjoyed this video!

  • @RyanjFord
    @RyanjFord 5 років тому +13

    Another video full of incredible information! Keep the tips coming Dan 👌🏻

  • @PerfectWaxing
    @PerfectWaxing Рік тому

    You videos are pure gold. Implemented so many things already and make a huge difference. 🙏

  • @joshuapotts6361
    @joshuapotts6361 5 років тому +3

    Dan, coincidentally I wanted this kind of video to listen to while I work today - and perfect timing, you uploaded it!

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому +1

    It just occurred to me that Sophisticated and Affluent buyers do buy, in part, based on price. When they hear your quote, and it is too low, they know you don't play at their level. They know you are not capable of providing the kind of service they want.
    Some Affluent buyers will only buy from you if you are the most expensive. In this situation, the price is more important to them than the product or service. The price is a status symbol to them, in many cases.
    I want these people to buy from me, based on price, so I always tell people when I bid their yardwork that we are the most expensive yardwork service in town. And, if you find anyone charging more, would you do me a favor and tell us, so we can raise our prices?
    Honestly, they end up eating that up! Odd but pleasant discovery.

  • @zayarkyawin7681
    @zayarkyawin7681 5 років тому

    I think all 5 reasons need to focus before we have started our business. Personalization, last reason is the best way to innovate in our modernize era. Thz a lot for your support to us.

  • @66racer
    @66racer 2 роки тому

    "Personalized Experience" thank you for vocalizing what I do. I have been using "custom" but never felt that provided the professional expression I was after. I will be using personalized experience moving forward.

  • @cristianresch9204
    @cristianresch9204 5 років тому +1

    We generally buy based on quality. Thanks for your memorable lessons!

  • @joyologun8747
    @joyologun8747 2 роки тому

    Everything is so on point 👌.
    Price
    Selection
    Quality
    Convenience
    Personalised.
    I love to buy majorly on Quality, Convenience, selection and price.
    Thank you.

  • @UncleSaat
    @UncleSaat 5 років тому +2

    Thank you very much Sifu Dan, your videos are inspiring and making all of us here get out there and do it!

  • @jamsheedbegum1067
    @jamsheedbegum1067 5 років тому +2

    3) QUALITY 5) PERSONALIZATION 👍👌

  • @RosiellePegado
    @RosiellePegado 4 роки тому +1

    With each video, I feel very motivated to put more energy into my business

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому

    There is always a segment who wants the best quality yardwork service (for example), and they are willing to pay more for it for two significant reasons:
    1. It literally costs more in effort to provide such great service (I know, because we do).
    2. It costs even more than it costs because of availability (nobody else is offering this level of service).
    There is always a segment willing to pay more, and always a segment of us willing to charge what it takes to give them what they want.

  • @cookingwithmommydivine8089
    @cookingwithmommydivine8089 4 роки тому +1

    Excellent!!! I love it. I just started my business it’s all about sales. Its pricey but I know My products has the highest quality . This video will help me a lot. Thank you! Thank you! Sir! Maybe Mr. Dan will buy my product because it has the highest quality!!!lol
    😊

  • @PatrickCogen
    @PatrickCogen 5 років тому +4

    Dan inspired me to make my own UA-cam channel and I couldn’t be happier even though I only have 17 subscribers.. I’m going to stay on the grind I’m always thinking of ideas for my next video! Keep up the good work!

    •  5 років тому +1

      Keep it up. 💪

  • @DiddleTimeDan
    @DiddleTimeDan 5 років тому +1

    Notes
    1) People buy based on price
    2) People buy based on selection (the variety of products available foe purchase)
    3) people buy based on quality
    4) People buy based on convience
    5) People buy based personalized service (eg. Coke bottles with your name)

  • @prajwalgraphy8430
    @prajwalgraphy8430 5 років тому +6

    The UA-cam channel that helps me to grow a lot and learn a lot are Danlok,Garyvee and Valuetainment thank you everyone

    • @TiPitSgtBuddy
      @TiPitSgtBuddy 5 років тому +2

      Got the same 3 also! Try also Charisma on Command!

    • @prajwalgraphy8430
      @prajwalgraphy8430 5 років тому +2

      @@TiPitSgtBuddy thanks bro I just checked his channel it's amazing

  • @kajallison8896
    @kajallison8896 5 років тому

    People pay more for convivence
    People buy for price (especially at a flea markets) or they buy for quality (especially big brands)
    Wide range of selection
    Make it an amazing experience for the consumer

  • @EcomMusa
    @EcomMusa 5 років тому +1

    WOW! That's so true! Once you understand this, it is much easier to achieve your goals!

  • @HOVIK750
    @HOVIK750 5 років тому +1

    Of course price is what catches my eye. And from that, I check and see if the service is as good

  • @alejandra68as
    @alejandra68as 5 років тому +2

    Mr. Lok. Thank you very much for all your videos and coaching advice. I'm following your advice and putting into practice everything that will help me grow and build my business. Thank you very much.🙏

    •  5 років тому +2

      All the best 💪

    • @alejandra68as
      @alejandra68as 5 років тому +1

      @ Thank you, Mr. Lonnroth the same to you as well.

  • @austinwachira5185
    @austinwachira5185 3 роки тому +1

    Great, great 5 reasons ( PPQC'S). 🔥💯... Personalization is definitely one left out and worth implementing, thank you Sifu. 🙏💯

  • @InvestingRobinhoodInvestor
    @InvestingRobinhoodInvestor 5 років тому +1

    So many ways to differentiate your product/service to make it stand out!

  • @buildingwealth8801
    @buildingwealth8801 5 років тому +1

    I buy on price but only if the product is the same quality as the more expensive product, like food products are cheaper in some shops and it’s the exact same product. My business hits most of these we compete on price with some items, then have more expensive products so the range is big..... Our products are personalised as well.

  • @nazifahwarlda7888
    @nazifahwarlda7888 2 роки тому +1

    My mentor 🥰🥰🥰🥰

  • @honnappak524
    @honnappak524 4 роки тому +1

    really sir i'm proud of by learning and getting inspired by you. just now i am student of an indian country, by the way im going to make a big company by your inspirational thoughts and ideas.

    • @angelovictorlim703
      @angelovictorlim703 3 роки тому

      This is your random encouragement from a random Filipino, go and make your Company really big, I mean HUUUUGE big

  • @andyjadhav1832
    @andyjadhav1832 5 років тому +1

    Thank you so much for the time you give us on youtube :) ♥️

  • @nicola-socialmediasuccess8687
    @nicola-socialmediasuccess8687 5 років тому +16

    Thanks for all the tips!
    I will use the in my business and in my UA-cam channel

  • @mjvien7895
    @mjvien7895 5 років тому

    When I first saw Dan's video I stopped shopping and just watch Dans video evryday..It motivates me to save for my future business... thanks a lot.. Now I realized the importance of money

    •  5 років тому

      Good 💪

  • @BillionDollarJunior
    @BillionDollarJunior 3 роки тому +1

    people buy base on price right, what if you charge high and you are able to influence the customers to buy. and most of all, your product or service is very very high quality.

  • @muflih.ansari
    @muflih.ansari 5 років тому +2

    Loved your idea of running an ad of your book to only your videos.
    Love from Pakistan, Sifu Dan 🇵🇰

  • @CaineCoaching
    @CaineCoaching 4 роки тому

    I generally shop for quality for anything that I expect to use for a long time (clothes, things for the house, and so on), but I tend to shop for price when it comes to single-use items or consumables. (Food is very high on what I don't like spending money on. Most of the time, there's really no difference in taste. Tho I will make exceptions for certain products that DO taste different like baked products and fish.)
    I must admit I do prefer convenience quite a bit too. But after years of using Amazon, I find that it actually is incredibly convenient to buy from them. Mainly because of their lack of quality control. (And, as I said, I shop for quality for most of the things they sell there.)
    You can't just buy what you want on Amazon and expect it to be good. You have to read the comments, compare, evaluate, and just hope the product lives up to your expectations.
    At least with real-life stores you can be assured that you get exactly what they promise...because you've been there before and so you know what quality they sell.
    So I prefer places like Harrods (London) that are both convenient (in that it has everything in one place) AND have a guaranteed high quality.
    If places like that had online shopping, that would be nice. Or if there came a Quality Checked version of Amazon --where they ONLY sold products that had gone through a quality check to ensure they delivered exactly what they promised and there was a reasonably high-quality entry-level for everything they sold... that would have been great. (And likely a great business. lol)

  • @soongeeren
    @soongeeren 5 років тому

    After watching your videos, it really changes my mind. Now I know how to become a Billionaire. Thanks Dan Lok!

  • @EspacioMente
    @EspacioMente Рік тому

    Dan you are the best, so clear and direct, thank you so much

  • @kolya6797
    @kolya6797 5 років тому +1

    Just started to watch. Agreed with 1.

    • @axmedcali7004
      @axmedcali7004 5 років тому

      nokolai alimov are you a russian hacker ?

  • @jacxwears9820
    @jacxwears9820 2 роки тому

    Hi Dan Lok , I really Appreciate your services Bro, you are hitting the floor... very informatic stuff

  • @divasupadhyay2382
    @divasupadhyay2382 5 років тому

    4th point 🔥💯
    Hey Sifu Dan, am Divas Upadhyay 21yr, watch your vedios daily. Yesterday i closed a client (Managing director of a software company). It was a HTC. My highest till now.
    Your student from India🇮🇳.

  • @BillionDollarJunior
    @BillionDollarJunior 3 роки тому +1

    for Personalization will work very well for me. I'm an internet marketer.

  • @krypt6073
    @krypt6073 5 років тому +1

    im so glad that i discovered your channel in my early age of 15 i wish your'e not going to stop making youtube video so i could learn more.

    • @AussieMoneyMan
      @AussieMoneyMan 5 років тому +2

      Good job mate

    • @TakemotoF
      @TakemotoF 3 роки тому

      You´re on your way to get rich, young guy !

  • @tariqz5384
    @tariqz5384 3 роки тому

    Brilliantly summarized

  • @dawoodahmed9117
    @dawoodahmed9117 4 роки тому +1

    Thank you, Dan I will focus on one

  • @lw3474
    @lw3474 4 роки тому

    I will have a website soon that adds convenience. I love this video. Thank you so much!

  • @graceegleelalmadin1121
    @graceegleelalmadin1121 4 роки тому

    The quality is my option as a consumer to buy a product or something. Sometimes the others are expensive but way same quality of the cheapest one, I personally would choose where I can spend less. Sometimes most of the "cheap" one are way "off" when it comes to quality. In other hand. I don't mind to spend more for the quality I'm looking for.
    Class A vs Original brand, What is Best vs Fresh, or What is Trending vs Second-hand in the end it is still the consumers choice. Base on my opinion as a consumer.

  • @BrateCharlie
    @BrateCharlie 5 років тому +1

    Nice video dan!🤙😎

  • @diamonds5855
    @diamonds5855 5 років тому

    convenience, love you Dan. That`s the word I was looking for to sell more books.

  • @georgea3356
    @georgea3356 Рік тому

    Hey
    Dan!
    You are a great teacher!
    Can you please make video's, how to sell insurance

  • @deleted8614
    @deleted8614 5 років тому +6

    This video is spot on. Definitely going to implement some of these with my own products 🔥🙌

  • @chimmy5in1languagescenterc68
    @chimmy5in1languagescenterc68 5 років тому

    I buy quality. It’s very important for me

  • @katrinaruthministries
    @katrinaruthministries 4 роки тому

    Love this! Great video on selling and why people buy!

  • @yourmissingpiece8909
    @yourmissingpiece8909 4 роки тому

    Hey Dan can you make a video about how to develop an ecommerce brand from scratch meaning :marketing strategy, what to post ,mindset of the business ,how to build the system, what are the essential things you have to have before you start an ecommerce brand besides a high income skill

  • @LiquidFlowFX
    @LiquidFlowFX 5 років тому +3

    Hey guys, is there anyone else who is about 18-20 years old, thinking about starting a business, or setting up some business at the moment? What do you guys think about exchanging experiences, ideas, help, and services in a group on discord or something like that? I guess a lot of us watching these videos are in the same situation. If you have any idea how we could connect and network just write under this comment.

    • @DanLok
      @DanLok  5 років тому

      That's why I created DOD: joindanondemand.danlok.link

    • @LiquidFlowFX
      @LiquidFlowFX 5 років тому

      @@DanLok i rather thought of exachanging ideas and services with young motivated people, instad of purchasing an expensive product.

    • @dragonarch0
      @dragonarch0 5 років тому +1

      I am 25 and was introduced to business stuff not too long ago. I am learning a lot so I will share a piece of my mind.
      1. You are young and have too much potential, if you want to reach greater height of success, invest heavily in your skills and knowledge.
      2. People would say you need 1000s of bucks to start a business, at some point they are right but business opportunity is something you will create on your own. There are countless people that have problems, fix their problems and that will be *your* business.
      3. The most important thing that you should learn is how to *communicate* with others. Usually you would say "I can talk to many people easily" but the communication you have to learn is that influence the people, its too important. Once you do that, you can expect great things in future.

    • @LiquidFlowFX
      @LiquidFlowFX 5 років тому

      @@dragonarch0 Thanks a lot. Is here anything you would recommend for learning the third skill you mentioned? like a book or something?

    • @dragonarch0
      @dragonarch0 5 років тому +1

      @@LiquidFlowFX For advertisment skill, you should try cashvertising, you will learn a lot.
      You should also check customer psychology books, you can find plenty on net.

  • @chansachipampata5942
    @chansachipampata5942 2 роки тому

    Very relevant reasons, well thought out

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому

    I only buy for quality, because of Flat Tire Theory.
    "It ain't flat just at the bottom!" the old timers used to say. And, fixing the problem does not fix the flat. You still need to reinflate, right?
    Same here. If I buy based on price, I am acting poor. If you can't afford the quality, and need the (whatever it is), you choose to buy "the best quality" you can afford, but always keep your mind on quality, even if it requires a few cost/benefit analysis gymnastics! LOL It's worth it in the long run.

  • @raychellenajimesi7619
    @raychellenajimesi7619 5 років тому

    True. Price is a factor

  • @media247tv3
    @media247tv3 5 років тому

    Timely video Dan... thank you

  • @idonorpeace2026
    @idonorpeace2026 Рік тому

    SEAT
    Saves Energy And Time Convenience 🎉❤
    Personalized service
    Personalization ❤

  • @AmyNoorrani
    @AmyNoorrani 3 роки тому

    1) Price
    2) Selections
    3) Quality
    4) Convenience

  • @deanakjefferson9278
    @deanakjefferson9278 2 роки тому

    Great content thank you for sharing🥰

  • @Deadpool_1718
    @Deadpool_1718 5 років тому +1

    I like buying quality, personalization and story i watch your youtube channel because of your story :)

    • @ilamalihilustan22
      @ilamalihilustan22 5 років тому

      Great! Me too. However, I want all you mentioned but with cheapest price (it's really hard though).

  • @TiPitSgtBuddy
    @TiPitSgtBuddy 5 років тому

    My Regular Order of Purchase: 3, 2, 4, 1, 5

  • @Mik4elo
    @Mik4elo 5 років тому +12

    I was thinking "Oh Emotions again" XD

  • @user-fm8te7eg4v
    @user-fm8te7eg4v 4 роки тому

    I love you Dan.

  • @maheshmalik5030
    @maheshmalik5030 5 років тому

    Excellent Dan Sir.. Amazing one.. It helps a lot..

  • @Zdlifestyle
    @Zdlifestyle 5 років тому

    Great video dan 🙏🏼

  • @Safestreet
    @Safestreet Рік тому

    Yes, price is part of it

  • @ffstyle
    @ffstyle 5 років тому

    So much insights about how people buy in this video, thank you Sifu Dan!

  • @amellili1768
    @amellili1768 4 роки тому

    I will focus on quality,specialised sevises,and little few times on price.

  • @yardmasterswealtheducation8424
    @yardmasterswealtheducation8424 5 років тому +1

    Number 2: Buying based on Selection
    Amazon and Wal-Mart offer good examples of people buying from them based on abundant selection.
    The local gas station in a tiny, remote town serves customers who buy from them based on selection; this gas station is the only selection available.
    interesting...

  • @tonyfight9897
    @tonyfight9897 5 років тому

    1:19 6:00 price coconvenience quality personalized

  • @SUPER_GIANT
    @SUPER_GIANT 5 років тому

    Love you Dan!

  • @bluetopia42
    @bluetopia42 3 роки тому +1

    "Drink a Coke with [friends' name]" was a great one

  • @pacitagayol7589
    @pacitagayol7589 5 років тому +1

    Weel said Dan 😍😍Quality

  • @stepheninvests
    @stepheninvests 5 років тому

    Great video Dan, felt inspired to start my own channel to teach people

  • @NetoGonzagaNovo
    @NetoGonzagaNovo 5 років тому

    Nice video Mr. Dan...

  • @AhmadSimple22
    @AhmadSimple22 Рік тому

    Kudos! Boss DanLok

  • @HostDotPromo
    @HostDotPromo 5 років тому +2

    This makes me want to increase my sales 💰 Thanks Dan!

  • @ifrahmuk160
    @ifrahmuk160 5 років тому

    Awesome content Dan you're inspiring me with epiphany's time and time again.

  • @Dantonio_Pollock
    @Dantonio_Pollock Рік тому

    With regards to convenience i buy retail nearby instead of spending extra time and convenience to go buy wholesale

  • @SuccessParkInternational
    @SuccessParkInternational 5 років тому

    superb Info.. Interested in more like this......Thanks Dan lok...:-)😀😀

  • @vincentssoul2369
    @vincentssoul2369 5 років тому +1

    Great points !

  • @diamonds5855
    @diamonds5855 5 років тому +1

    I like to combine both price and quality in my brand of books.