Finandom dot Com

Today, I came through an article that talk about Top 10 retail Rip-offs Exposed! This article is about how retailer uses those 10 ways to make sales and steal/earn money from you.

 

1. The “Bait and Switch” Fraud – Advertise a very low price products to attract customers but sell other products eventually.
2. The “Keep you waiting/ wear you down” Ploy – Sales person will hold you and waste your time by letting you waiting. Psychologically the longer you wait, the greater sense of “investment” you will have and make a deal with them
3. Extended Warranty Scare Tactics – Extended warranty may be a good deal for certain products. However, some stores will not let you know any facts but keep pushing the extended warranty plan to you and make more money.
4. The “I made a mistake adding this up” – Sales person will purposely make a mistake in their quotation and quote you a high figure. Then they will reduce the price to a level and make you feel that you already saved a few hundred dollars.
5. The “Get Them saying Yes” Routine – Sales person will ask you a series of question that will make you definitely says YES until you agree with them unconsciously.
6. The “This is the last one” Ruse – sales persona will play our fear of “missing out” on something by telling that a product is the last one and someone else are looking for it too.
7. The “Low-Ball” Lie – You will be pre-sold by phone and get attracted to the store or dealership. However, when you are there, the product either sold off or not available. However you will be introduced another new modem is there and the price just slighter higher.
8. The “Today only” tactics – almost same with “This is the last one” method, the retailers run sales promotion for today only and make you difficult to shop and compare around with other shop.
9. The “Paperwork” Euphemism – the sales person will try to lock you by asking you sign a contract or sales order.
10. The “Turn Over” Maneuver – if a sales person fails to close sales with all the technique they knew, they will ask you to hold on and introduce a so called “Sales manager” and claim that you can get a special deal.

 

What I can say, just be careful with everything a sales persona say.

 

Source : Trampolinesales.com

MISC