There is a reason these tactics are going to look familiar.
You have seen them thousands of times because they work!
Give the customer a good deal, but put competitive pressure
on them to respond now! Make sure that the price you
offer allows you to make some money or to recover money
from stock that has not been moving at your previous
price. The most effective way to use this tactic is
in three steps.
Establish the value of the merchandise and then talk
about the value of the offer. In stores, they sell
this kitchen gadget for $200. We have gotten a special
purchase and we are going to pass the savings onto
you. Today only, you can have it for $79.95. Tomorrow,
the price goes back up to a still-reasonable $99.95.
Limit the availability. You can do this by time, "Today
Only!", or by number of units available. The
Home Shopping Network does this to perfection by showing
the countdown on units still available for sale.
Add on bonuses. If you buy today, we will also throw
in - at no extra charge - this valuable gift worth
$19.95. It is perfect as a gift, or as a gift for
yourself.
What a deal! Some of your customers will find it simply
irresistible.
-Cynthia Nemeth-Johannes