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How businesses can use the law of reciprocity to create success

- March 28, 2019 3 MIN READ

Human beings are social animals. As social creatures, they often follow internal ‘social agendas’ even when they’re not completely aware of doing so. The law of reciprocity is one such program.

The law of reciprocity is the principle that in decent societies – when somebody does something nice for you, you will want to do something nice for them in return. As you can imagine, this makes life generally more pleasant for everyone. So, it’s hardwired into us to be nice when people are nice to us.

In fact, it’s not enough for us to be nice in return. Another facet of human social behaviour is that we try to do better than those around us. So, when somebody is nice to us – we try to be even nicer in reciprocity. We do this subconsciously most of the time.

And in a strange turn of events, this is so strongly hardwired that we will feel bad if we try to resist this urge.

The law of reciprocity is important for business people because it can be harnessed to help you build your business; if you do it in the right way.

The Law of Reciprocity and generosity

It can be a struggle when you first get started in business to build trust in you and your brand. It often means taking risks to demonstrate your credibility, empathy and overall good intent towards others.

That means you can show good faith and harness the law of reciprocity at the same time as long as you are genuinely acting from a position of generosity. Think about the internet – the most obvious example of this behaviour at work is in the form of a free e-book.

The website owner gives you a free e-book because a.) it’s a chance for them to demonstrate their knowledge and to bring real benefits to your business and b.) there’s a good chance they understand the law of reciprocity; if they give you useful advice for free – you’ll be much more inclined to hire them for their expertise.

For this to be in “good faith” the gift must fulfil certain criteria:

  • It must be useful. We’ve all been victim of the free e-book which was just a straight up waste of our time. It teases a little information before demanding that we pay for the valuable stuff… this isn’t “good faith”, it’s a trick.
  • It must demonstrate empathy with the recipient. A gift can’t be useful only from your perspective, it must help the recipient solve a problem or improve their life in some other way.
  • It must feel like a gift and not a ploy to sneak into their wallet. Let’s be direct here – a con job feels like a con job. You have to sincerely give and risk that your recipient chooses to not do business with you in order for a gift to have value.

If you don’t follow these points, you’re trying to abuse the law of reciprocity. That’s the kind of sales tactic that’s likely to burn more bridges than it builds.

Why? Firstly, most people can smell this kind of ploy for what it is and they’re simply going to walk away. They’re probably also going to tell other people about how they felt and that’s going to make it even harder to win business in the future.

Secondly, a few people may still feel obliged even though they feel cheated. They will become customers but only begrudgingly and they’re going to be much harder to satisfy than your ordinary customers. Basically, a lack of good faith is a way to generate resentment and customer complaints before you even have begun your customer relationships.

If you want to use the law of reciprocity in your business; you need to be generous and act in good faith. Ask, “What’s something that my clients could really use, no matter how small, that I could give them today?” Then give and be glad to give. The results will follow.

 

 

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