4 Ideas For Making A Perfect Promo Offer - Part 4
4 Ideas For Making A Perfect Promo Offer - Part 4
1. Rebates
Rebates are partial refunds that you can give customers after they purchase a product, and they can help incentivize a customer to purchase a product.
These function similarly to a sale because the customer pays a certain amount less than the normal price.
They differ, though, because you're giving the customer money back, whether with cash, check or store credit, which can make them feel like they benefit more than in a traditional sale.
2. Recurring promotions
You can also host recurring promotions to help customers plan when to buy with you.
These promotions occur regularly, and businesses may schedule them to run in times when their sales traditionally are lower to increase revenue in that period.
For example, you might host recurring sales in January to prevent a large sales decrease after the holiday season.
3. Same-day delivery
If your company has the infrastructure to provide same-day delivery, it can be an effective promotional tool.
You can encourage customers to purchase a specific product by offering same-day delivery on it.
This type of sale might work well on electronics or other items customers might be less willing to wait a few days to get.
4. Free trials
Free trials can be effective sales promotions for service-based businesses.
If a customer enjoys their free trial of your service, they may be more likely to purchase your full service.
This can help you expand your reach into new target markets, and you can ask for feedback from customers who don't renew after the trial to learn how to improve your service.
Talk soon,
Aleksa
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