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   Greed
   Fear of Loss
   The Jones Theory
   Indifference
   Sense of Urgency
   Greed – your friends will be envious of the
    object you bought/all the money you are
    making
   Fear of loss – we are only letting select
    people in on this
   Correspondent Inference Theory - is a
    psychological theory proposed by Edward E.
    Jones and Keith Davis that ‘systematically
    accounts for a perceiver's inferences about
    what an actor was trying to achieve by a
    particular action’
   The Jones Theory – I just sold to someone in
    your street/town/country, everyone is getting
    in on this
   Indifference – this is a clever one thrown into
    the mix. ‘Look I don’t want to waste your
    time or mine – if you don’t want this then lets
    forget it …’
   Sense of urgency – This offer will run out
    tomorrow
   The transactional selling approach is most suited
    in B2C environments where customer
    relationships are not required, deemed
    unprofitable or almost impossible to maintain
    after the immediate sale
   There are usually fewer opportunities for
    crossing selling or up selling
   These traits tend to be more apparent in low
    dollar value sales i.e. umbrellas, computer
    keyboards, mobile phones, broadband provider
    and etc

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Transactional based selling

  • 1.
  • 2. Greed  Fear of Loss  The Jones Theory  Indifference  Sense of Urgency
  • 3. Greed – your friends will be envious of the object you bought/all the money you are making  Fear of loss – we are only letting select people in on this
  • 4. Correspondent Inference Theory - is a psychological theory proposed by Edward E. Jones and Keith Davis that ‘systematically accounts for a perceiver's inferences about what an actor was trying to achieve by a particular action’  The Jones Theory – I just sold to someone in your street/town/country, everyone is getting in on this
  • 5. Indifference – this is a clever one thrown into the mix. ‘Look I don’t want to waste your time or mine – if you don’t want this then lets forget it …’  Sense of urgency – This offer will run out tomorrow
  • 6. The transactional selling approach is most suited in B2C environments where customer relationships are not required, deemed unprofitable or almost impossible to maintain after the immediate sale  There are usually fewer opportunities for crossing selling or up selling  These traits tend to be more apparent in low dollar value sales i.e. umbrellas, computer keyboards, mobile phones, broadband provider and etc