"Free" is still a compelling word in advertising.
Here's an example ...
I know this advertisement is working for ADT because I've seen it for months in Val-Pak and free-standing inserts (FSIs) in the newspaper.
Here's how ADT makes a free offer very smartly:
1) FREE is the headline of the ad
2) They assign an $850 value to the Home Security System, to increase interest
3) They offer 3 (count 'em) extra bonuses if you Act Now
How does ADT make money on this?
The same way a phone company makes money by offering free cell phones with a 2-year plan -- if you can give something away to create a customer who buys from you long-term, you win.
This model can be applied to any business, in any industry, including yours.
Questions for you to ponder:
1) What can you give away to create a customer?
2) What incentives can you offer to make people act NOW?
3) What's your strategy for locking in customers who buy long-term?
Meanwhile, if you own a business, there's a box of 11 Marketing Multipliers waiting to be shipped to you. You can try it Free. Click here now.
No comments:
Post a Comment