Wednesday, October 27, 2010

Sell More The First Time - Juice the Front End

The concept is simple... Increase the amount of the initial customer purchase by offering discounts or other extra bonuses on quantity purchases.

What you want to do is encourage the buyer to spend more money by offering special inducements, extras, discounts and special deals. Some buyers are happy to buy consumable products by the case, rather than by single package, if they can save a little money by doing so. Just look at the success of stores like Costco. Much of their food items are bundled into quantities that are larger than those a typical family would buy. But often the price is just too hard to pass by. People end up spending more cash to "save" money.

Once you have a customer in your store, or browsing through your catalogue, your task is to maximize the value of that purchase. You want to make it easy for your customer to spend more than he or she originally planned to. And you want them to do so happily and without regret.

Your goal should always be to develop life-long customers. Therefore, whatever special deals you offer them should always be in their best interest.

More resources at www.makeyoursalessoar.com

No comments:

Post a Comment