{"id":32182,"date":"2019-10-11T11:47:51","date_gmt":"2019-10-11T16:47:51","guid":{"rendered":"https:\/\/www.crowdspring.com\/blog\/?p=32182"},"modified":"2023-06-06T19:27:56","modified_gmt":"2023-06-07T00:27:56","slug":"reciprocity-marketing","status":"publish","type":"post","link":"https:\/\/www.crowdspring.com\/blog\/reciprocity-marketing\/","title":{"rendered":"How to Use the Principle of Reciprocity to Grow Your Business Faster"},"content":{"rendered":"

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People feel an obligation to do something for you when you’ve done something for them.<\/p>\n

This is known as the principle of reciprocity.<\/p>\n

You’re more likely to buy a gift for someone who bought one for you.<\/p>\n

You’re more likely to invite someone to your wedding if they invited you to theirs.<\/p>\n

You’re more likely to buy something if the seller gives you something for free.<\/p>\n

Those free samples at Costco are more than just a fun membership perk — they serve as a catalyst for your purchasing decisions.<\/p>\n

Reciprocity is a powerful psychological principle that can help you to grow your business faster.<\/p>\n

Research proves that reciprocity can be powerful<\/strong><\/h2>\n

Sociologist Phillip Kuntz conducted a study<\/a> in 1974 testing out reciprocity tendencies in complete strangers.<\/p>\n

Kuntz mailed approximately 600 Christmas cards out to people he had no relationship or contact with.\u00a0 He wanted to know how many would feel obligated to return the kind gesture.<\/p>\n

As it turns out, he received around 200 cards in response.\u00a0 One in three of the card receivers were influenced by the Principle of Reciprocity enough to initiate action.<\/p>\n

The Behavioral Insights Team<\/a> tested the principles of reciprocity differently.<\/p>\n

A group of investment bankers was asked to donate a day of salary to charity. While many complied, researchers found that when the request was accompanied by a bag of candy, the number of bankers who opted to donate doubled.<\/p>\n

That is a very small investment for a big payoff!<\/p>\n

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