Businesses that succeed are the ones that know how to “package the bait” according to the Entrepreneur.com article The 4 Elements of an Irresistible Offer. In today’s world of constant offers and sales, people are conditioned to wait to buy until they see a deal. Here are four tips for developing an offer that will make customers jump:
- Package the bait. First, you need a unique selling proposition. What makes your offer better than that of the competition?
- Mention the savings. Don’t assume that the customer is perceptive enough to know a good deal when they see it. Always show them exactly how much they’re saving.
- Throw in an incentive. The perceived value of the little extras is usually much greater than what it will actually cost you. Throwing in a freebie that doesn’t cost you much at all can give customers the impression that they better take advantage of the offer while they have the chance.
- Create a sense of urgency. Always set a deadline. If a deal appears to be ongoing, it leaves room for hesitation, but if you offer a good value and force people to make a decision, they’re going to buy more often than not.
Click here to read the article from Entrepreneur.com.