What Makes A Bargain -- Find Out And Sell More!
Everybody loves to buy a bargain. Stores and services go out of
their way to come up with fresh bargains that will attract new
customers and keep old customers coming back.
Major corporations spend fortunes working to make every
customer feel like they are getting a bargain. Perception is
reality, and customers who THINK they're getting a great deal
tell others about their excellent purchase and come back to buy
more. So how do you create successful bargains to WOW your
customers? First let's take a quick look at just what a bargain
is.
Ask most business owners and managers what makes a bargain and
they'll instantly blurt a lower price is a bargain. True, a
lower price on the same product others are offering at a higher
price is a bargain.
It gets a little harder with a service. I've never seen two
services that were exactly alike. The guy who tunes up your car
for $100 may not do as thorough a job as the guy down the street
who charges $240. On the otherhand, the cheaper guy might be
better.
Usually you can charge less to create a bargain by saving the
difference in price somewhere else, either by offering a lower
quailty--no sense in customers paying for fancier than they
really need--or charging more elsewhere.
Personally I'm not a big fan of dropping prices to create
bargains. It works well for Walmart, but is hard for many small
businesses who are struggling to make payroll or keep up with
the credit cards. You can raise your prices back to normal
later, but many customers will sit on the sidelines waiting for
you to drop them again.
So how about some different ways to create a bargain?
1. It's a bargain if your customer gets the last model somebody
else wanted. That's why Amazon and others let you know "there
are only 2 left, hurry!" Try using that tactic on your web
site, in your mailer, or on your point-of-purchase signs. If
you are selling a service, let a prospect know you've got "one
more appointment open this week" OR "two appointments open:
Wednesday at 10 or Friday at 2."
Once the famous Jeffrey Lant offered me a slot in his
networking business. "I've got one position left and 3 people
want it," he wrote. Brilliant marketing. I was tempted to join
even though I sure didn't need to be working an additional
business. The urge to jump in before the other guys and get a
bargain was almost too powerful.
2. A bargain is when your customer feels sure she will be happy
with the product or service. Maybe that is why every product
comes with a brochure saying "Congratulations on purchasing the
finest, highest quality product available, skillfully designed
to give you years of enjoyment." If you didn't feel like you
got a bargain when you made the purchase, you certainly do
after you read the brochure.
3. A bargain is when others TELL you it is a bargain. That is
the beauty of an affiliate program or testimonials where other
people tell you what a great bargain the product or service is.
This is also one of the reasons people buy popular products: so
their friends can say "oh you got one of those, they're so
cool, you'll love it!"
4. A bargain is when you throw in something extra with the
product or service. A camera is bundled with a no-cost disc of
computer software. The guitar store provides a free cord with
every electric guitar. I always offer to give extra advice, at
no charge, to anyone who buys my writing or promotion services.
Customers can feel that getting expert personal attention with
their purchase makes it an extreme bargain.
Everybody loves a bargain. Try some of these simple, proven
ideas to give your sales a quick boost both now and for the
future.
About The Author: Kevin Nunley is the Net's best known and
longest running copywriter. Kevin's thousands of customers
value his great marketing advice, sizzling sales copy, and
value-packed promotion deals. See his DrNunley.com and
email him today at kevin@drnunley.com to find out how you can
increase your sales now.
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