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Using "Self-Liquidating Premiums" to Help Close the Sale
Permalink: http://daily.mequoda.com/i//landing_page_optimization/using_self_liquidating_premiums_to_help_close_sale_238-1.html
By Kim Mateus , Managing Editor Mequoda Daily and Library An effective technique in information marketing is "self-liquidating premiums"having the value of the premiums exceed the entire purchase price. For example, let's assume you have a product, perhaps a downloadable ebook, with a list price of $49.95. You're selling it online at a discounted purchase price of $29.95. Download our 8 Master Landing Page Templates special report for free and learn the concepts, tips, tricks and techniques that will increase your landing page conversion rates by 30 to 50 percent. Download the report for free! Let's also assume you're giving away three bonus reports and 'access to online updates' as part of the deal. If you gave each of the three bonus reports a $10 value, and the online updates a $50 value, the total value of the bonuses would be a hefty $80. Add in the $20 discount (list price of $49.95 minus the purchase price of $29.95), and the total savings is $100. All of this should be spelled out on the order page to help close the sale by making the asking price seem like a drop in the bucket compared to the value received. COMMENTS
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