ICBS, Inc., Webdesign, development, maintenance, and web hosting

Custom Search

ecomhelp.com home
general business articles
business marketing/promotion
Internet Business
website design
website promotion
customer service, CRM
joint venture
financial management
general and inspirational
stress management
health links
inspirational articles
legal resources
non profit
Patents, trademarks, intellectual property
miscellaneous links
icbs links below
icbs.com home page
icbs services
web hosting

16 Quick Retail Promotional Ideas To Increase Your Sales Without Discounting
By Kris Mills

1. Send out a FREE sample of your product with a special "two for one" offer - this enables your customer to get a first hand experience of your product in action AND the "two for one" offer maximizes your average transaction value.

2. FREE lessons on make-up, sewing, hair styling, skin care, gardening, building a pergola/deck/retaining wall .. the list is endless By seeing how to get the best use out of your products they're likely to buy a range of accessories and essential items to help them achieve the results they're looking for.

3. Open day ... this is ideal for gardening centers or hardware stores where they can offer workshops and demonstrations on tasks that are specific to the needs of their customers landscape design, installing a sprinkler, home handyman tasks, building etc. This is similar to the 'FREE lessons' idea above.

4. Hold joint promotions with other businesses. You can offer their products as FREE gifts when customers purchase at your shop and vice-versa.

5. Free gift with purchase - you could offer a FREE T-shirt valued at $25 with every $50 purchase. The value to the customer is $25 but your hard cost is a fraction of that amount so it's perceived to be more beneficial than a discount is (in the eyes of your customer) and it's much healthier on your bottom line than offering a $25 discount.

6. Buy one get one FREE. (same benefits as above).

7. FREE mystery gift up to the value of $500 with every purchase over $xx.

8. FREE gift for cash payments over $xx ... instead of paying the Banks merchant fees you're rewarding your customers instead. It's costing you no more however it's encouraging your customers to buy from you and therefore will increase your sales volume.

9. Buy now, pay in 12 months time ... encourages customers to spend more than they ordinarily would have if they were paying the whole amount now.

10. Package your products together. Cosmetics companies are famous for this. Package some of your poorer selling products together with your most popular lines and promote them as some sort of package. Packaged products make customers feel that they're getting a good deal for buying in bulk, it maximizes your average transaction value, and it helps you move slow selling items.

11. Bounce backs - it's a fact that a customer is most warm to your products and services right at the time of purchase so make a special offer to them right when they buy - something that compliments the product they've just bought.

12. Package your knowledge - create introductory reports and newsletters and package them in with their product purchase.

13. Cross-selling checklist - this is a great way to maximize the average transaction value of each sale. Either run through a checklist with the customer (eg. The "building a pergola" checklist listing all the items they'll need) OR create it into a special "how to" guide that includes instructions and enables them to check off all the items they need. This does the customer a favor because it ensures that they don't forget an important item and it bumps up your sales figures too.

14. FREE after sales service - cleaning or maintenance of purchased product.

15. FREE hotline service - where they can call and ask specific advice relating to getting the best use of their product.

16. FREE design (valued at $200) - this service quite often involves your time only so it has a high perceived value but a low hard cost.

Related Articles:

How to Master the Art of Salesmanship
Mastering the "art of selling" is simply knowing how to present whatever it is that you're selling, to the buyer in such a manner that they feel buying it from you will solve their problems or fulfill their dreams.

How To Achieve Excellence In Sales
To excel in any selling situation, you must have confidence, and confidence comes, first and foremost, from knowledge. You have to know and understand yourself and your goals. You have to recognize and accept your weaknesses as well as your special talents. This requires a kind of personal honesty that not everyone is capable of exercising.

Branding for Profits
Poor brand may represent negative impression about your product or be the result of an absence of that impression. It is much more advantageous to offer a new brand to the market, than try to do something with bad image. Since we are dealing with psychology, it is clear that good image and reputation is very hard to build, but it is even harder to restore.

Copyright Words that Sell 2000-2002

Kris Mills of Words that Sell ( http://www.wordsthatsell.com.au )is a top selling copywriter and respected author of numerous publications. For more copywriting and direct marketing tips, visit http://www.synergie.com.au/explosion.htm

[ICBS Knowledgebase Home] [ICBS Home]

Website Developed and Hosted By:
International Cyber Business Services, Inc.
Developers of holisticonline.com, 1stHolistic.com, and specialgifts.com
Copyright 1996-2007, ICBS, Inc. All Rights Reserved.