5 Reasons that people buy your product/service 1. Price (Best Deal) 2. Selection (People buy from places where offer a wide range of selections) 3. Qualify (If your products/services are sustainable) 4. Convenience (People tend to buy things without much hustle and waiting) 5. Personalization (You want products/services just for you and you only)

Thanks to Dan´s teachings now I´m a value buyer, and it has changed my life in a great way. When you are willing to pay more for a better experience you start seeing things differently. And even better: you start selling differently.

As a Closer, Digital Marketer, and Online Business owner I can safely say everything Dan has shared here is 100% on point. Great video Dan a very good reminder and really gave me some ideas of how to improve results.

Dan, I am so happy to come across you. I am learning things and understanding how to see them differently. May God bless you with a good health, peace of mind, abundance and prosperity. May you keep helping us this way for ages. Thanks Dan for being there for us who cannot afford expensive tickets for such a good lesson. Love your selfless personality.

1. Price. 2. Selection (options). 3. Quality. 4. Convenience. 5. Personalization (customized service). You're welcome @thegreatmeshach

I have spent the last 5 years developing the best jobs and service imaginable, by doing what you talk about here; charging more because I want to provide the best. And, my customers love me for it! I try to tell my other yard work buddies on other KZfaq Channels that they should charge more, because they seem to really want to do more, but...

I BUY QUALITY PRODUCTS. QUALITY IS IMPORTANT FOR ME.

"When you compete by price, you die by price." Agreed! You should know the value of your product/service.

Living in the 21th century is a rather pleasing experience. Without KZfaq I(we) wouldn´t have the possibility to listen to quality content like this. With all due respects, if by any random hazard you might read this message, thank you Dan Lok.

Price is one indicator why I buy--but I also look at quality because if a product or service has that quality, I'm willing to pay more; depends on how much I want it; cheap is not always the reason to buy. Recommendations from others who enjoy a product or service is something I consider (Amazon, anyone?). Great video, Dan!

Now im a pro thanks to all your videos, hopefully i can be a business owner and make it a passion to be an entrepenuer in the sales, marketing and promotions industry

Being reliable and consistent helps too!

Another video full of incredible information! Keep the tips coming Dan 👌🏻

It just occurred to me that Sophisticated and Affluent buyers do buy, in part, based on price. When they hear your quote, and it is too low, they know you don't play at their level. They know you are not capable of providing the kind of service they want. Some Affluent buyers will only buy from you if you are the most expensive. In this situation, the price is more important to them than the product or service. The price is a status symbol to them, in many cases. I want these people to buy from me, based on price, so I always tell people when I bid their yardwork that we are the most expensive yardwork service in town. And, if you find anyone charging more, would you do me a favor and tell us, so we can raise our prices? Honestly, they end up eating that up! Odd but pleasant discovery.

WOW !!!! 1)PRICE 2)SELECTION 3)QUALITY 4)CONVENIENCE 5)PERSONALISE GREAT CONTENT ....

Dan, coincidentally I wanted this kind of video to listen to while I work today - and perfect timing, you uploaded it!

Thank you very much Sifu Dan, your videos are inspiring and making all of us here get out there and do it!

Dan inspired me to make my own KZfaq channel and I couldn’t be happier even though I only have 17 subscribers.. I’m going to stay on the grind I’m always thinking of ideas for my next video! Keep up the good work!

I'm glad that he is spitting the right stuff to help us all close. Far better than a 4 year of business & economics degree...

Thanks for all the tips! I will use the in my business and in my KZfaq channel

I use amazon because of value & convenience. I act like a wealthy person NOW! I value my time over the price. I value my work and my business, my fans/customers . I dedicate my life to them they’re my family! I’ll do anything to be the example & help them be victorious over the pain!!

You videos are pure gold. Implemented so many things already and make a huge difference. 🙏

Mr. Lok. Thank you very much for all your videos and coaching advice. I'm following your advice and putting into practice everything that will help me grow and build my business. Thank you very much.🙏

My pro tip to all of you guys is this. If someone out there judges you for your specific shopping habits or cost saving habits or the car you drive or watch that you wear etc, dump those people immediately. Unless you're a dummy, you likely do what you do for specific well-thought out reasons - reinvesting into your business etc. Other people can derail you quite easily into their own bad habits. Success is hard and requires a lot of sacrifices. If you're still starting out or if you don't have substantial assets to fall back on, stick to your plan and surround yourself with people who are pursuing success; not superficial junk. As you deal with higher-end clientèle, resist adopting their expensive habits. You are not them. They may be in huge debt when they put on the "dog and pony show" that they're letting you see. Just keep these things in mind and stick to your own plan no matter what!

I VALUE YOU & your team Dan!! You all continue to impress me with your wisdom , experience, sales psychology & dedication to helping us succeed! Thanks for what you know but also making us know you care with all you!!

I think all 5 reasons need to focus before we have started our business. Personalization, last reason is the best way to innovate in our modernize era. Thz a lot for your support to us.

"Personalized Experience" thank you for vocalizing what I do. I have been using "custom" but never felt that provided the professional expression I was after. I will be using personalized experience moving forward.

With each video, I feel very motivated to put more energy into my business

people buy base on price right, what if you charge high and you are able to influence the customers to buy. and most of all, your product or service is very very high quality.

*#1 reason people follow your lead - ENGAGED EMOTIONS*

for Personalization will work very well for me. I'm an internet marketer.

Actually, as odd as it may sound, my Yardmastering Service(TM) takes advantage of all 5: 1. We promote based on being the highest priced yardwork in town. 2. Every other company in town focuses on competition based on price (common in simple service fields like yardwork). So, in the area of selection, we are the only game in town. If you want the best, we're your company! 3. Offering the best quality yardwork service money can buy is the foundation of our exclusive selection advantage described in #2 above. 4. Convenience: It is utterly inconvenient to deal with the headaches, hassles, and horror stories of fly-by-night service providers. Our service never has a tuba-playing-the-wrong-note moment. Convenient! 5. Personalization: Every yard is different, and we take a lot of time getting a picture of what the customer wants their yard to look like. And, I play to that during the bid appointment. We do not offer one size fits all service. I really enjoyed this video!

Excellent!!! I love it. I just started my business it’s all about sales. Its pricey but I know My products has the highest quality . This video will help me a lot. Thank you! Thank you! Sir! Maybe Mr. Dan will buy my product because it has the highest quality!!!lol 😊

3) QUALITY 5) PERSONALIZATION 👍👌

I buy on price but only if the product is the same quality as the more expensive product, like food products are cheaper in some shops and it’s the exact same product. My business hits most of these we compete on price with some items, then have more expensive products so the range is big..... Our products are personalised as well.

We generally buy based on quality. Thanks for your memorable lessons!

really sir i'm proud of by learning and getting inspired by you. just now i am student of an indian country, by the way im going to make a big company by your inspirational thoughts and ideas.

Of course price is what catches my eye. And from that, I check and see if the service is as good

Loved your idea of running an ad of your book to only your videos. Love from Pakistan, Sifu Dan 🇵🇰

im so glad that i discovered your channel in my early age of 15 i wish your'e not going to stop making youtube video so i could learn more.

The KZfaq channel that helps me to grow a lot and learn a lot are Danlok,Garyvee and Valuetainment thank you everyone

Thank you so much for the time you give us on youtube :) ♥️

WOW! That's so true! Once you understand this, it is much easier to achieve your goals!

Everything is so on point 👌. Price Selection Quality Convenience Personalised. I love to buy majorly on Quality, Convenience, selection and price. Thank you.

So many ways to differentiate your product/service to make it stand out!

Hey Dan! You are a great teacher! Can you please make video's, how to sell insurance

Great, great 5 reasons ( PPQC'S). 🔥💯... Personalization is definitely one left out and worth implementing, thank you Sifu. 🙏💯

"Drink a Coke with [friends' name]" was a great one

I like buying quality, personalization and story i watch your youtube channel because of your story :)

Yes, price is part of it

There is always a segment who wants the best quality yardwork service (for example), and they are willing to pay more for it for two significant reasons: 1. It literally costs more in effort to provide such great service (I know, because we do). 2. It costs even more than it costs because of availability (nobody else is offering this level of service). There is always a segment willing to pay more, and always a segment of us willing to charge what it takes to give them what they want.

Thank you, Dan I will focus on one

Brilliantly summarized

With regards to convenience i buy retail nearby instead of spending extra time and convenience to go buy wholesale

Dan you are the best, so clear and direct, thank you so much

True. Price is a factor

This video is spot on. Definitely going to implement some of these with my own products 🔥🙌

I will have a website soon that adds convenience. I love this video. Thank you so much!

When I first saw Dan's video I stopped shopping and just watch Dans video evryday..It motivates me to save for my future business... thanks a lot.. Now I realized the importance of money

convenience, love you Dan. That`s the word I was looking for to sell more books.

Hi Dan Lok , I really Appreciate your services Bro, you are hitting the floor... very informatic stuff

Dan u hv charged my brain's unused parts also fr the first time. My thinking has become much wider nw

Just started to watch. Agreed with 1.

I was thinking "Oh Emotions again" XD

Very relevant reasons, well thought out

Hey Dan can you make a video about how to develop an ecommerce brand from scratch meaning :marketing strategy, what to post ,mindset of the business ,how to build the system, what are the essential things you have to have before you start an ecommerce brand besides a high income skill

4th point 🔥💯 Hey Sifu Dan, am Divas Upadhyay 21yr, watch your vedios daily. Yesterday i closed a client (Managing director of a software company). It was a HTC. My highest till now. Your student from India🇮🇳.

I like to combine both price and quality in my brand of books.

The quality is my option as a consumer to buy a product or something. Sometimes the others are expensive but way same quality of the cheapest one, I personally would choose where I can spend less. Sometimes most of the "cheap" one are way "off" when it comes to quality. In other hand. I don't mind to spend more for the quality I'm looking for. Class A vs Original brand, What is Best vs Fresh, or What is Trending vs Second-hand in the end it is still the consumers choice. Base on my opinion as a consumer.

SEAT Saves Energy And Time Convenience 🎉❤ Personalized service Personalization ❤

I really you as my inspiration.Thanks Dan

What do I need to do to promote my business?

Convenience,yes

People pay more for convivence People buy for price (especially at a flea markets) or they buy for quality (especially big brands) Wide range of selection Make it an amazing experience for the consumer

Hey guys, is there anyone else who is about 18-20 years old, thinking about starting a business, or setting up some business at the moment? What do you guys think about exchanging experiences, ideas, help, and services in a group on discord or something like that? I guess a lot of us watching these videos are in the same situation. If you have any idea how we could connect and network just write under this comment.

Notes 1) People buy based on price 2) People buy based on selection (the variety of products available foe purchase) 3) people buy based on quality 4) People buy based on convience 5) People buy based personalized service (eg. Coke bottles with your name)

After watching your videos, it really changes my mind. Now I know how to become a Billionaire. Thanks Dan Lok!

amazon, yes

Dan awesome job man I learned alot with you Thanks,and I look forward to have more confident to sell bracelet for drinks in my company I work for

Number 2: Buying based on Selection Amazon and Wal-Mart offer good examples of people buying from them based on abundant selection. The local gas station in a tiny, remote town serves customers who buy from them based on selection; this gas station is the only selection available. interesting...

I will focus on quality,specialised sevises,and little few times on price.

I 1000% Agree with you Sifu on cheap shoes vs expensive shoes. The expensive ones feel better an last WAY longer. As a Personal Trainer, food convenience fucking destroys my clients AHAHA that's why we meal prep

I generally shop for quality for anything that I expect to use for a long time (clothes, things for the house, and so on), but I tend to shop for price when it comes to single-use items or consumables. (Food is very high on what I don't like spending money on. Most of the time, there's really no difference in taste. Tho I will make exceptions for certain products that DO taste different like baked products and fish.) I must admit I do prefer convenience quite a bit too. But after years of using Amazon, I find that it actually is incredibly convenient to buy from them. Mainly because of their lack of quality control. (And, as I said, I shop for quality for most of the things they sell there.) You can't just buy what you want on Amazon and expect it to be good. You have to read the comments, compare, evaluate, and just hope the product lives up to your expectations. At least with real-life stores you can be assured that you get exactly what they promise...because you've been there before and so you know what quality they sell. So I prefer places like Harrods (London) that are both convenient (in that it has everything in one place) AND have a guaranteed high quality. If places like that had online shopping, that would be nice. Or if there came a Quality Checked version of Amazon --where they ONLY sold products that had gone through a quality check to ensure they delivered exactly what they promised and there was a reasonably high-quality entry-level for everything they sold... that would have been great. (And likely a great business. lol)

So much insights about how people buy in this video, thank you Sifu Dan!

I only buy products when is is physical near to me. Like from johannesburg to cape town. I dont trust over seas shipment

Love this! Great video on selling and why people buy!

I'm going for quality and variety

Great video Dan, felt inspired to start my own channel to teach people

I love you Dan.

i see all of this every day everywere you go you see those concept👍

Great content thank you for sharing🥰

I buy quality. It’s very important for me

I get dan lok add on dan lok video and I think video get started but eventually I see that sikp button .....

Nice video dan!🤙😎

Yes what is right

awesome dan

Awesome content Dan you're inspiring me with epiphany's time and time again.

It's all based on emotions! :)

Excellent talk Mr. Lok. Thank you. I need to up my price. I do hair.