I was recently re-taught a valuable lesson about using value as a means to attract new customers. Now don’t get me wrong, there are plenty of instances when offering a discount or throwing something else in with the deal will win you new customers but you should understand that it doesn’t always work.
Just in the same way as there are “different strokes for different folks” different approaches will work with some prospects and not with others.
I recently ran a promotion for a company with a weight loss product where they offered new products to people who were already buying other things from them. The new products were offered for just £10 instead of the usual £24. The idea was simply to get them to try the product and then hopefully buy more of it at the full price. Now with such great value on offer you would think the take up on this would have been massive. The truth is the offer was a huge flop with very few people actually ...