How To Use Reciprocity To Build Your Business

Reciprocity. It's hardwired into all of us. Whatever is done upon you. If someone says, I just. I like you. You're great, what do you feel like? They're awesome. I love them. Or someone says, you know, you really have an attitude. I cannot deal with you. You're like, you've got the attitude. Did any. You know the holidays are approaching, right? Christmas is almost upon us. At least that's what the catalogs say. But tell me, if this happens to you during Hanukkah or Christmas. You get the card, you know, happy holiday cards with people's pictures. My family, our cute doggy. And all of a sudden, you get that one card from, like, Aunt Susan, who you were sure had died three years ago. And. And what do you do in that moment when you get Aunt Susan's card? You run to the Hallmark store to send the card back to her. You have to. I mean, she's alive, for God's sake. It's a miracle. It's a Christmas miracle. We run out to reciprocate. We as human beings are hardwired to reciprocate in kind. Whatever is done upon us, we are hardwired to do the exact same thing back. And it probably happened while you were driving here today because it happened to me. I was going on Route 280, and a guy let me in. He did the old hand move like this, you know, go, go, go. So what do I do? I'm like, I do the back. Same thing, back. Thank you. Love you. Right? This is true. The next guy that I come up, because you got to still squeeze in, right? It's New Jersey traffic after all. The guy in front of me, I'm a little too close to his bumper, so I get the finger. So what do I do to him? I'm like, right? I love the guy behind me because he waved, and I hate the guy in front of me because he gave me the bird. And that's reciprocity. So how does this play out in business? Well, there's a lot of people here are probably familiar with Boonton, right? Boonton. Okay. So I grew up in Boonton, and there's one or several delis there, but there's one deli called the Old Town Deli. And if you've ever eaten there, it's. I hate to say it's relatively unimpressive, except for something that they do that's really cool with reciprocity. There's two owners. There's a father, son, John, and John, I don't know which one's which? Just testing if you're awake. So you can go to the old town deli, and you can get, like, a roast beef sandwich or something, and you bite into it, and it's like, okay, it's a little bit dry. It's not thumans, clearly. And sometimes, though, you'll go in there and John will look at you and say, hey, I never saw you here before. This roast beef sandwich is on me. And all of a sudden, that sandwich becomes so delicious, so tasty because of reciprocity. This guy is awesome. Old town deli rocks. Sometimes you go to old town deli, and it's your fifth or sixth or hundredth purchase, and John will put his arm on your shoulder and say, you come here so often. I really appreciate it. This sandwich is on me. That sandwich becomes so delicious. But by doing reciprocity, he gets lines of business, people packing the place. Because people appreciate it so much and spread the word, they reciprocate. You all know about old town deli and boonton now because of what he did for me. So in your business, what can you do to facilitate reciprocity? Now, I'll give you a hint or a rule to do it. Unexpected gifts are always the way to go. If John was always giving me a free sandwich, every fifth purchase, it's more like I'm in a buyer's club. I got to buy some stuff. I'll get onto his system. I'll look for when I'm short on change, and I'll say, I'm at four sandwiches. I'm not going next. I'm short on change. If I'm five sandwiches, I'm going. I'm. I'll be predicting the system. So reciprocity doesn't work that way. It works when it's unexpected, like aunt Susan's card, who we were convinced had died. When you do it unexpectedly to clients, they will respond the most favorably. So how about this one for size? My web business, it's a company I own, we design websites that can be relatively very expensive. Tens of thousands of dollars for a project, and we'll take on a project, say, for $50,000. But we know if we do just our job, we probably can get it done for about 47, but we still charge 50. And then at the end of the project, we call the customer and says, everything went swimmingly. Well, I have great news. I have a $3,000 check I need to refund to you. And they're like, whoa, you were the best company ever. I wish you charged me 100,000, I would have made six back. Like, damn, I should have. But my favorite little trick I'm going to turn you on to was with my own business when I wrote my book. I don't have a copy here, but when I wrote my book, it was a dud. Like, no one bought my book. And to give you a sense, the first day, authors of books go through what's called a launch. The first day you do all this big razzmatazz, you dance. You tap dance and stuff just to get people to buy at least one book. I sold zero. And what zero means is my own mother did not buy a copy of the book. Okay. What I did, though, was I started doing this reciprocity move, and I would send a second copy with it, and there would be a note saying, this is a gift to you. And I totally recognize you're probably not going to want to read my book once and then read it right again in sequence. But feel free to re gift it. I'm totally cool with that. And what do I get? People sending in rave reviews. This is incredible. No authors do this. And by the way, I gave it to my best friend, and they now love your book. And it started this little viral campaign, Reciprocity. In your business, in whatever you do, do something that forms reciprocity. Give something unexpectedly and just watch what the return is. Thank you very, very much, Store. I know, I know. Definitely.