This weekend, I had the chance to witness one of the best sales presentations of my life. Let me show you how it worked, and how you can model it for what you do.
And then same thing with personal development. Like, I'm looking at this, The Laws of Success that Napoleon Hill wrote way back in the day, that's so cool. Anyway, that'd be out on display under these bulletproof glass and a bunch of the cool things. So anyway, there's kind of the frame where I'm at, right? And so anyway, there's this guy who messaged me this week and was like, "Hey, I'm one of the top..." Or, not the one of, "I'm the top rare Mormon book collectors in the world."
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Hey everybody, this is Russell Brunson. Welcome back to the
marketing secrets podcast. Today, I want to talk about the secret
to increasing the perceived value of whatever it is you're selling.
And I'm going to tell you a story about how somebody did this to me
this weekend and it was amazing. So, here we go.
All right, so I'm going to give you some backstory. Some of you
guys know that I'm mildly obsessed with books. Books are the
coolest, seriously, come on now. And so my office I'm in now, is
swelling with books. We have big bookshelves but there's no room
left at all. And so, I decided to start a project. We're going to
build a library, a huge library in the lot next to our office, so I
can have more books.
So I think my office right now has, I think we did the math, has
like a little under 10,000 books are in there right now. And the
new office will hold, or the new library, will hold up like 60,000
books, which is crazy. And I'm going to have different sections.
Like one section that's going to be just about business. One on
personal development, one on health, one on religion, just the
different topics that I'm passionate about, right?
And so, and in there I'll have all the books that matter on all
those topics and it's going to be amazing. But then on top of that,
I'm kind of a collector of old books, because old books are the
coolest thing ever. And so, in section, like for the religion
section for example, it'd be a big like white glass bulletproof
case that has these old religious books in there.
And then same thing with personal development. Like, I'm looking
at this, The Laws of Success that Napoleon Hill wrote way back in
the day, that's so cool. Anyway, that'd be out on display under
these bulletproof glass and a bunch of the cool things. So anyway,
there's kind of the frame where I'm at, right? And so anyway,
there's this guy who messaged me this week and was like, "Hey, I'm
one of the top..." Or, not the one of, "I'm the top rare Mormon
book collectors in the world."
And he's like, "I'm in Utah right now and I can come and show
you some of things I have. And he started telling me all the stuff
he has, I'm like, "Heck yeah dude, if you want to drive up here,
I'll look at it." Not thinking that I'm going to purchase anything.
So anyway, so the guy that drives up and he has these cases and
brings them out and he's got all these old insanely cool, amazing
books, right?
Now, again, I can't tell you all the details because... Anyway,
so some things don't make any logical sense, but I'll give you the
basic gist. So, so you guys know, I actually bought a first edition
book of Mormon back in the day, which is one of my prize
possessions. And he had like five first additions. And my mine's
like a good one, these are like insane. The highest quality in the
world, right?
And so when he brought him, I'm like, "I'm going to look at
these things but I already have one, I don't need another one.
There's no way I'm going to do it." Right? And he tells us ahead of
time, he said, "I'm not the best sales person in the world, but as
I show you these books, I'm just going to tell you the story behind
each of them." And I'm like, "Okay."
And so, one at a time, he pulls out the book and you see it. And
I was like, "Oh cool, yeah, I have one like that." And then he
starts telling you the story behind it. Like, "Let me tell you how
I found this. This is where I got it. This is what it looks like.
This is why it's so cool. This is..." Like, "Look at this, look at
the inscription, look at the thing here, look at the thing..." And
started showing you all the pieces about it.
Where within like 10 minutes I'm like, "Oh my gosh, I want that
so bad." And they shows the first book and he's like, "Here's the
second book." And pulls it out and tells the story behind that and
how he found it, and why it's so cool and the intricacies and why
this one's different, and why it's so important, and why very few
people have it and the scarcity of it.
Right? The second book is the second edition printing of The
Book of Mormon, and it was so cool. And he's like, "Just so you
know, there's only 25 of these on planet earth right now that we
know of. And this one is the best quality one." And shows that and
I'm like, "That's so cool." But still in my head, I'm like, "I'm
not here to buy anything."
And then he shows the third one and the fourth one and the fifth
one. Then he shows this other book and then just going through book
after book, all these things. And as he did it, he didn't just
like, "Oh, here's the book." Like, show it to me. He told me the
story about each one. It was interesting, as he told the story, the
story, as you guys know, if you've been following me for any amount
of time, the story increases the perceived value of the thing.
And so by hearing the story, he went from like, "Oh yeah, that's
a book." Like, "There's no book." To like, "Ooh, there's an old
book that it's pretty cool." To like, "Oh my gosh, I really want
this old book." And by then it's like, "I have to have this at all
costs." Like, "This needs to be in my library, otherwise, what's
the point of building a library? I should just burn it to the
ground, right?"
And so, it was just fascinating. And this was one of my
interesting takeaways. Because I asked this guy, he finds these
things, collects them, and then sells them. And I said, "Is this
hard for you to sell these after you find them and you know the
stories?" And he told me something interesting. He said, "I've
regretted every book I've sold." He's like, "But this is what I do.
So I've done it for the last 40 years."
And it was interesting because I was noticing myself, as he told
the stories, how engrossed I got into the story of each book and
how important it became to me. And I remember feeling this other
thing where I was like, "If I don't buy this..." How much regret I
was going to have, because I'm going to miss out on the story and
the thing and all the stuff."
So by him telling his story, the same regret that he was having
by selling this book, was the same regret I was going to have if I
didn't have the book, which was super fascinating, don't you think?
And anyway, Oh, and then there's so many sales lessons I could tell
you. It's from this guy, he's like, "I'm a horrible salesperson."
But then also talking about status, right?
As he's showing me these books and he's like, "There's a lot of
people have three, but there's no one that has all five of these."
He's like, "Maybe one or two people on the planet." He's like,
"Instantly you'd be one of the top five rare, Mormon book
collectors on the planet, if you had this set." And then this, and
then...
It was crazy. And I come into this thing, not planning on buying
anything just wanting to see what he has to two hours, three hours
later, writing one of the biggest checks in my life. But I share it
to you because I want you to understand, that is the power of
story, right? I always tell you guys, if you're teaching a concept,
you have to tell the story about how you learned or you earned
it.
If you're selling a product or service or a thing, you have to
tell the story about how it was created. The story is the thing
that increases the perceived value. I literally went from like,
"Here's an old book." Like, "Oh, sweet." To like, "Let me tell the
story of the book." And then he got deeper in the story and the
meaning and all these kinds of things got to the point where like,
"Wow, that's really cool." To like, "Ooh, I really want that." To
like, "If I don't have that, I'm going to lose something."
The fear of missing out, of not having that, became so big and
so large that I was willing to do, as a buyer, do something
completely irrational, to make sure that we had it, right? Anyway,
it's just fascinating. It was such a cool case study to me. To see
these things being used on me. In fact, I told him at the end, I
was like, "Dude, you told me two hours ago that you're not that
good at selling."
And I'm like, "All selling is, is telling a story in a way that
increases the perceived value of the thing that you're trying to
sell." I said, "Based on that definition of selling, you're the
greatest salespeople I've ever seen." Right? And so, I want you
guys to understand that. A lot of times we think, "Oh, we need to
do the newest sales trick. I need this technique or I need da, da,
da, da." All these kind of things.
It's like, "No, no, no." the best sales people, the thing that
they do is, they tell a story that increases the perceived value of
the thing that they're trying to get you to desire. And if you
desire it, then you're going to want it, right? To the point where
if you don't have it, then you're going to feel the same regret
that that person has giving it away.
Like, "If I don't have this, ugh, like what would like what's to
happen tomorrow or the next day? How are we going to feel?" All the
other emotions start flooding in as well, right? And so, that was
the fascinating thing. So anyway, I want to share with you guys for
so many reasons.
Number one, I'm excited. I got sold, I love getting sold. It's
the greatest thing in the world. Number two, just the lesson. And
that is the lesson, how do you tell your story in a way that
increases the perceived value of the thing you're selling? That's
the big secret. That's the big, ah-ha. It's not becoming a slick at
selling or figuring out the masterful funnel or any of those
things, right?
It's getting good at telling the story about the thing that
you're selling in a way that increases the perceived value, so that
it goes from an, "Oh, it's cool." To a want, to a desire to, "If I
don't have this thing, I'm going to regret it for the rest of my
life." And that's the magic. So anyway, think of that for your
product. Think about next time you're on a Facebook live or doing a
podcast or you're trying to sell something or whatever it is.
Or you're face-to-face with somebody or whatever, right? What's
the story? How did you learn it? How did you earn it? How did you
create it? How did you find it? What was the thing? Why is it so
important? Why is it valuable? How's that person's status going to
be increased if they have it, how's the status going to decrease if
they don't have it? How are they going to regret this in the future
if they don't have it?
Those are all these little things they're tied to the story that
make it to the point where it's like, "Oh, I have to have this
thing." The better you get at that, the more money you're going to
make. Anyway, that's all I got you guys, I hope you enjoyed it.
Sunday when this library is done, this will become part of the
pilgrimage to internet marketing Mecca.
You guys will have to come to Boise, Idaho, and come look at the
library and walk through it and see it. It's going to be something
magical. There's more things planned inside the library/event
center/stuff. But anyway, someday hopefully you have a chance to
come see it. I'm sure that as we start building it, you guys will
see the footage and the videos and all this stuff.
Oh, there's so many cool things that are happening in it. In
fact, right now, today, they're out there literally surveying the
land, which is exciting. Anyway. So one of those things, one of
those dreams that become a reality and I'm really excited for it.
My plan is to build out a whole research center and start hiring
people to can do research and finding things and searching.
And I want to be able to take... I feel like one of my roles
here is to sift through tons and tons of information and to find
the best things and bring it back to you, right? Like if you look
at my books, that's like me going through 10,000 books and 100,000
split tests and things, trying things. And then my books are like,
"Here's what I found. Here's what actually works." Right?
And I want to do that at a bigger scale, and I want to be able
to do that on all the topics I'm excited about in life. And
building that research seems to go through and plow through tens of
thousands of books, find out the core pieces, bring them back to us
so we can test them, we can try them. And then from there be able
to give you guys products and courses and books and training or
whatever the thing is to help get you guys results in your
life.
And so, that's kind of next phase in my life that I'm really
excited for is that, is building the research center, building the
library and then building the team to create those things. So
anyway, if any of you guys are interested, if you're a researcher,
if you're a writer, if you're obsessed with the things I'm obsessed
with, and I don't know, maybe it would be a good fit.
Maybe someday I'll put out a job application, see if anyone
would love to spend their life living in Russell's library, just
reading books and researching and pulling out the gems, so that we
can turn it into something that'll change people's lives. Any who,
that's all I got for today. I appreciate you guys.
Remember, selling is all about learning how to tell your story in a way to increase the perceived value of the thing that you're trying to sell. If you can master that, you'll never have to work another day in your life. All right guys, appreciate you all. We'll talk soon. Bye.</p>
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