Thursday, August 20, 2009

A sales person's crazy tactic

A church friend of mine in her 50s is a buisness woman, currently she is trying to promote a company she is partnering with(I found out latter). The company is trying to raise funds to start an ethanol producing oil palm plantation in indonesia. She approached me and started her pitch using classical salesman tactics...... This is the 1st time a well trained salesperson approach me with such a smooth speech. She was going on and on and on and on about why ethanol is the future, why this startup will be successful and all the good facts. Being a trader for a while when I analyze a money making system I will try to falsify my believes, meaning I will first try to prove that what I observe is wrong then if the system still looks good I will accept. Now this is supposedly a sales strategy that made me annoyed, it is, if the person ask questions you don't want to answer, interrupt him with a grandiose fact so that he will forget it and think about positive things....

The more she did that, the more the questions I want answer was burning in my head. She said something like this. Some esteemed credit rating agency from USA rated this company as very sound AAA, these are experts and we don't know how they do it but it must be true, then she said there is this financial company in NZ that is insuring this company from any lost. I then said, one of the reasons for the financial crises is that credit rating co that told lies, and financial institution going broke, do you think that is a problem? This is what she said, The chinese word for crises is "problem-opportunity" bla bla bla and on with how good this co is. SHE IS NOT GETTING TO MY POINT WHICH IS IMPORTANT!! she is annoyingly avoiding it! She then went on talking and talking about all the good things about the company. Slowly but surely I started wondering if she is intelligent, because if you ask me, I will try to find all the faults of the company before I consider the good parts. Every system have pros and cons, and she seems blind to the fact that she couldn't see any cons!

I finally ask why are you promoting this company whats in for you? she push it aside and ramble about the good things, finally I ask again after 30 mins, she did the same. Finally I interrupted her and said, you know what is your risk? you got many church members in to this, if this fails you might have enemies here. She kept quiet for a few seconds, she then push that aside and continue with her rambling. I stopped he again and say, I am not questioning your integrity, but can you tell me why do I feel you are trying so hard if there is nothing for you? She finally said this, Oh the company help us set up the office and the system...... ah I know now, she then went on rambling about DR who and who and experts that promotes this company..........

My mom told me that these are sales tactics that works. Work?!! are people that shallow to believe that? She could have won me if she came with more facts and a balanced view of pros and cons than quoting some experts I have never heard of. When I analyze trading patterns I start with trying to find evidences that the pattern is just random noises first.... after rigorously doing that then I will try to capitalize on it...... Trading have really taught me critical thinking.

Another thing, she said, many members here after hearing us will go back and pray about this, when they find peace they come back and invest a good portion. What do you mean go back and pray! and the condition to invest is if you find peace!!???? CMON! The right way is, they will go back and do THEIR OWN RESEARCH AND DO THEIR OWN THINKING, NOT FIND PEACE!!

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