The Trust Experiment

The Trust Experiment

Posted on 16. Nov, 2009 by Paul Andrew in Communication, The Leadership Coach™

I met a coach recently who had tried to give away $50 notes on the streets of Sydney. I was fascinated as he told the story about how hard it was to give away genuine money to strangers. Some people apparently thought it was a scam. Some avoided eye contact and just walked past him. Others actually crossed to the other side of the street when they saw him trying to hand out cash. What does that say about human nature? Why is skepticism the default setting for many of us? I wonder how many good things have I talked myself out of because they seemed just ‘too good to be true’.

For better or worse, people don’t tend to trust strangers. Think about what that means for your organisation. Too often we focus on the value of our product or service in the way we communicate with our target audience. We tell them it’s the best, the most, the first, the only. But you’ll have to do better than that to convince strangers who would cross the street to avoid free cash. Regardless of how valuable what you’re offering truly is, without trust it mostly falls on deaf ears.

So what can we do to bridge the gap?

1. Build some trust
Trust is foundational for relationship, and relationship closes the gap between us.

  • If your goal in sales and marketing was developing trust (instead of pitching how amazing your stuff is) what would you do differently?
  • What could you stop doing that has been eroding their trust?
  • Who do they trust already and what could you learn from them?

2. Build a crowd
I suspect the $50 trust experiment would turn out differently in a crowded shopping centre. Instead of confronting individuals with my offer, if I was shouting it to a crowd it would only require a few people to decide it was worth the risk and a tipping point would be reached. As people saw others running to a guy who was handing out cash, more and more of them would override their cynicism for fear of missing out on a good thing. Such is the power of a crowd.

  • How could you create the stampede effect with your one-to-many marketing?
  • What else could you do to enable your core clients to spread the word to the crowd?
  • Do people see a crowd when they look at you? Most people don’t want to go first.

3. Build their dream
A friend of mine called Taki is a marketing guru and he often says, “Education builds rapport, selling breaks rapport”. I write The Leadership Coach every fortnight for thousands of people and give it away free, but education has built rapport. So it’s no surprise that most weeks I receive an enquiry about a speaking engagement or leadership workshop as a result of these articles. In helping others build their dreams I’m seeing my own dream built.

  • What could you do to help people achieve their dreams?
  • Do they see you as a salesperson or partner in their vision?
  • How well do you understand the dreams and challenges of those you hope to influence?

I’d love to hear your comments and feedback
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  2. How To Keep Your Team Sick
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5 Responses to “The Trust Experiment”

  1. Jason lagden

    17. Nov, 2009

    Good article Paul, I liked it :)

    [Reply]

  2. Mark McDonald

    17. Nov, 2009

    This is a great article. Often times I have focused on building a great event to promote to people without building the relationships to create that stampede effect. When I have built relationships with group leaders, they help to create the stampede in their organisation on my behalf. The more you build relationship the easier the selling becomes, at least in my industry anyway.

    [Reply]

  3. Glenn Kirkwood

    17. Nov, 2009

    Great article Paul, well done. I was present when they person shared the story and after reading your article it got me thinking – Trust is not constant. I propose that it is always moving!

    By that I mean that there are things we can do that grow the trust in a relation just as much as there are things we can do things that break that trust. (Let people down, lying or lack intregrity etc).

    You my friend are moving in the right direction because you share with passion and authenticity.

    Glenn

    [Reply]

  4. Robbert Gorissen

    17. Nov, 2009

    Very good Paul… As always, well done! The story is very good, loved it. Getting a growd isnt that hard. But how does the growd stay with you and dont run to the next person who is shouting loud?

    [Reply]

  5. I enjoyed your post nice job! Check out these free videos on marketing to get more ideas!

    [Reply]

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