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by 0x44 5318 days ago
That assumes that every sale is identical and that the lessons one need learn to make a $150,000.00 sale are identical to those one need learn to sell something for $150.00.
2 comments

Believe me, there is a lot more overlap in closing a $15.00 and $150,000 sale than most people realise.

The key problem for most people is that they are coming from a base of zero - ie, have never sold anything in their life - is that they can't bring themselves to ask for the sale. A lot of people are uncomfortable with sales transaction beyond those which require you to walk to a register and present goods for purchase. A lot of people have a baked-in attitude that money is evil and trying to make it is a dirty business. All these things have to be overcome to be successful as an entrepreneur.

Practicing selling on ebay requires you to write copy where you ask for the sale. Closing a $150,000 sale requires you to ask for the sale. Both sales require you to communicate with your buyer, to know your subject, to write clearly and to know when you are wasting your time.

Every sale is not identical, even on ebay, because each time a new customer appears with different needs and a different level of understanding.

I once bought a bulk lot of electronic equipment at live auction, then sold all the individual pieces on ebay, making a tidy little profit. This predated my efforts to sell anything online, and I learnt an enormous amount. I learnt that some people will pay silly prices for things, maybe because they need it right now, maybe because they live remotely and can't drive to the shop, maybe because they don't know the value of things.

I learnt how to write copy that got the point across, communicated my trustworthiness as a seller, and yet communicated the important details without reading like a spec sheet.

I even managed to sell a clearly broken LCD as a bet with one of my friends, who bet me I could sell it, and I bet nobody would buy it. Someone paid me $40 for an LCD with a massive crack and bleeding in it. I have no idea why - perhaps they wanted the case or some other part of it.

I lost that bet and learnt a good lesson in the meantime, which is don't presume to know who or what your market is. And that selling, like any other skill, requires repetition, practice and learning to get good at it.

The basic principles do apply for the most part. I think that's why most people suck at sales. They think that there's some voodoo once you get above $1,000 or $100,000 and learning anything about sales at a level below that just isn't worth it. False.

It's all basically the same ideas just applied differently at varying scales.