Sales Edge: Limited Time Offers – Do They Really Work?
A big part of getting someone to buy into your offer is playing up the value vs. cost factor, which is heavily influenced by presentation. A great way to get people to instinctively buy is to make an offer that would seemingly be a mistake if turned down. Also, make sure that it is followed by a strict deadline in order to create a sense of urgency.
For example, I’m sure you’ve all seen those late night infomercials that claim “If you order within the next 30 minutes, we will double your supply of XYZ Cleaning Solution!” Would you believe that this simple solicitation can increase the amount of interest as much as 83%?
Keep this type of initiative in mind when deploying your next sales campaign, it will benefit you just as much as your customer perceives its value!