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Offers lower the risk customers must overcome to do business with you. Offer something they can pick up when they visit your place of business, direct them to take action such as where to find more pertinent information, have a great guarantee or special low price, etc. An offer must entice your customer to take some sort of action towards your product/service and be a good fit with your advertising objective.
Four Successful Offers To Increase Advertising Response Rates
An offer is necessary to increase the response rate on any advertising campaign. This tactic lowers the customer's perceived risk of doing business with you. Direct them to find more information on your web site, offer them something they can pick up when they visit your store, or have an exceptional guarantee. Your offer needs to entice the customer to take action towards working with you or buying your product and be a good fit with your advertising objective.
You need to know what your objective is before you present the offer. Advertising objectives are specific aims or intentions (for example, to inform, to persuade, to remind).
Do you want to generate leads, build awareness, increase response rates, generate sales, entice a customer to take action or move them to the next step of the buying process? Your advertising objective will determine your offer.
The better your offer is, in your customer's eyes, the better their response will be. Here are four tried and successful offers to increase your response rate for any type of advertising.
Discount. Many customers like to feel they are negotiating a deal. They want a bargain. Offer a discount in your direct mail lead generation piece to pull a response from customer's who buy based on price.
Free Gift. Offer a promotional item that compliments your product. You will know that your customer wants/needs this item if they are interested in yours. Make the item significant, not a cheap item, because your customer will see it as a tangible benefit. This type of offer will see a better response than a discount offer with a similar value.
Limited Time. Any of these offers should be for a limited time. This creates an air of urgency and forces a decision. An offer with a time limit gets more response than an offer without one. The limited time should be defined and never more than one month.
Payment Options. There are many ways to accept payment or extend payment options. Everyone uses some sort of plastic, credit card, or bank card. Accept this type of payment by way of phone, mail, or the Internet.
There will be customers who are short on cash. They look for extended payment options, such as leasing or vendor-supplied financing. Make an offer of interest-free financing in your advertising.
These offers that have proven themselves as successful over the years. They will assist in lowering the risk for your customers and increase your response rate from your advertising campaign.
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