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"I Forgot My Wallet" - Overcome | Ep 179

The Game with Alex Hormozi · February 11, 2020 · 5 min

Summary

This episode provides direct, actionable tactics for sales teams to overcome common "forgot my wallet" objections in in-person sales. It emphasizes establishing conviction that customers rarely forget their wallets and offers a step-by-step process to secure a sale by first asking for ID, thereby prompting the customer to retrieve their wallet, and then subtly transitioning to payment.

Key takeaways

Themes

founder & leadershipconversion & cro

Topics covered

sales objectionsin-person sales tacticsovercoming sales resistanceclosing techniquesbuilding sales conviction

Episode description

"Ask for the ID first. That's what gets them to take their wallet out. That way they can't say they forgot their wallet." Today, Alex (@AlexHormozi) shares with us sales tips for overcoming the common objection of not having a credit card, including asking for ID to get the customer to take out their wallet and swapping their ID for their card. Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth. Timestamps: (0:43) - No one leaves home without credit card. (1:39) - Ask for ID to verify info accuracy. (2:39) - Suggest using different card if needed. (3:52) - Walk out together if you have rapport. Follow Alex Hormozi’s Socials: LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

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