Resources Other Advice Business Basics ABC's Home Page

BUSINESS BASICS CHANNELS

The Funny PagesSBA Funding DirectoryVenture Capital DirectoryMiscellaneousTechnologyGetting StartedMoney MattersMarketing and PromotionSalesHuman ResourcesInternet CommerceInsurance

ABC's Site Search


 

Online Marketing Tactics -
Putting Pressure On
Your Customers to Buy Now

There is a reason these tactics are going to look familiar. You have seen them thousands of times because they work! Give the customer a good deal, but put competitive pressure on them to respond now! Make sure that the price you offer allows you to make some money or to recover money from stock that has not been moving at your previous price. The most effective way to use this tactic is in three steps.

  1. Establish the value of the merchandise and then talk about the value of the offer. In stores, they sell this kitchen gadget for $200. We have gotten a special purchase and we are going to pass the savings onto you. Today only, you can have it for $79.95. Tomorrow, the price goes back up to a still-reasonable $99.95.
  2. Limit the availability. You can do this by time, "Today Only!", or by number of units available. The Home Shopping Network does this to perfection by showing the countdown on units still available for sale.
  3. Add on bonuses. If you buy today, we will also throw in - at no extra charge - this valuable gift worth $19.95. It is perfect as a gift, or as a gift for yourself.

What a deal! Some of your customers will find it simply irresistible.

-Cynthia Nemeth-Johannes

Business BasicsOther AdviceResourcesSite MapABC's Home PageABC's Book Stop

 

| disclaimer | terms | privacy policy | site map | about us | contact us |
(c) Copyright The ABC's of Small Business (R) 1999 - 2003. All Rights Reserved (except where noted). Reprinting or copying any content is expressly prohibited unless permssion is granted by the owners. Site is edited & published by Anna Kris Bell of CrackerJack Advantage, owner and operator of ABC's of Small Business(R).
Site Hosted by Front Range Internet, Inc.