NameSilo

5 Top Tips for Marketing During a recession

Spaceship Spaceship
Watch
1. Customer discounts/incentives

When people fall upon hard times it is important we justify the cost of any purchase, offering special incentives or discounts can really help customers choose to purchase.

If a customer is undecided between two different products it might just be the discount you give them which could swing them one way or another.

Ensure you use the SG ‘credit crunch’ discount code on your site and look out for the Proactol one coming this week.

2. Push the price benefits over other options

One of the biggest concerns will be the price of the product, it is important that you show why choosing your recommendation will be a cost effective solution.

Compare against other products in the market place or other options. For example: by taking Proactol you will eat less saving you thousands from your shopping bills.

3. Increasing perceived value

It is even more important than ever that you push the extra value services; ideally you really want to promoted time based bonuses, order today and get $50 off. You should also really market the bonuses like “free shipping”. These could make a real difference when people come to order.

4. Selling everyday items

It is very important that your surfers do not look at the item as a luxury, often in difficult times people will stop purchasing more luxury items and stick to the necessities.

It is very important that you pass the message across that this is an everyday item which they cannot do without; this is not the purchase of a lifetime but just something else to add to their basket.

5. It’s quality and will not need replacing / Will last the test of time

Finally it is important that customers feel they are purchasing something of quality, after all this needs to last longer than before as we all have less disposable income. It is important you portray the message that this product is better value for money as it will last twice as long as other products in the market.

Source:
http://www.moreniche.com/forum/main...ips-marketing-during-recession.html#post77885
 
0
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Thanks for information.
 
0
•••
Thanks for sharing it ... Its really informative :)
 
0
•••
Nice Post. Thanks for sharing it.
 
0
•••
Use the award thanks buttons please. pithu7 you are posting a lot of thanks replies in lots of threads. Next time you will get warning points.
 
0
•••
0
•••
Thanks for the share. ^^
 
0
•••
0
•••
0
•••
coupons are good but I find it's really hard now to get people to spend unless your what they consider a trusted brand - people are going for major brands over smaller scale companies.
 
0
•••
Thanks for these useful tips :)
 
0
•••
Thanks dude,your posts are very nice and usefull too.keep posting more ,so that we could gain a lot of knowledge based on many aspects.
 
0
•••
nice tips

Thanks for the information.
 
0
•••
0
•••
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back