I never took
a class in Psychology in High School or College, and yet I learned a very
important psychological lesson early in life. The odd thing is that I learned
it first at the Old Howard Burlesque Theater in Scollay Square. Between the strippers
and the comedy acts a Hawker would appear on stage and announce that vendors
would be passing among us in the aisles selling boxes of salt water taffy
candies. “In each in every box was a guaranteed prize. Please stand up and
reveal your prize when you open your box…. you sir in the balcony.” Someone
would stand and reveal a beautiful gold watch. You in the back, what did you
find….a beautiful gold ring, you on the left…a beautiful gold bracelet etc.
The boxes of
candy sold out immediately. Of course when everyone opened their box.. there
was a prize… a cheap plastic toy with a made in Japan label. By time everyone
realized they had been taken the lights had been dimmed for the next act and the
Hawker and his Shills were long gone.
That
psychological technique for selling products is in use every day on television.
Hawker: “Caller… you bought our product.” Caller: “Yes for myself, my daughter,
my sister and my aunts.” Hawker:” Today’s Special Value, Hot Pick, Never again
at this price is selling out. Only 200 left..don’t be left out.” I know the
callers are not Shills but in a way they are.
I bring this
up today because this is “Black Friday” ..the day when frenzied shopping occurs.
There are some real savings to be had but then again there are some that are
not. The Psychology for selling and shilling are very much in practice today as
when I first learned it 60 years ago. I leave you with this final thought “Buyer
Beware”