/
/
Guest Blogger | The Art of Effective Offers and Giveaways
Whitney Free Bakula | Creative Assistant
What entices you to buy something? Or even to subscribe to an email list?
Discounts, giveaways and special offers are everywhere these days as retailers attempt to make shopping more appealing to buyers hit by the suffering economy. The most important question you must consider is, “How does my business benefit from this offer/giveaway?”
The result of your offer should not simply be traffic to your store or website. It should be what sales result from that traffic. Wouldn’t you rather have 20 serious customers visit than 50 people looking for a freebie?
Giveaways Related to Your Business
The goal is to offer something directly related to a purchase. If your business cannot afford or is not allowed to make these offers, perhaps the manufacturer has other great offers to promote.
Say you can offer $1,000 bonus cash, a $500 trade assistance voucher or even five free oil changes with a purchase. Suddenly, you’re more likely to see customers who were already interested in buying become especially interested in your dealership because of that extra incentive.
Stay Clear of Generic Giveaways
If you offer gift cards to other businesses or material goods, you may still have some serious shoppers but you’re much more likely to run into the dreaded “gift seeker.” They will do whatever it takes for free stuff!
You want me to take a test drive to earn this gift card? No problem! I’ll pretend I care long enough to get the gift card and then tell you I’ve changed my mind and am no longer interested. Now, you’ve not only given away a freebie but you’ve also wasted time on someone who had no intention of buying.
Give What You Can
The art of offers and giveaways is a tricky one. There is no perfect formula and no concrete research on exactly what works and what doesn’t. What is certain, though, is the fact that everyone is looking to save money in this economy, so any time you can offer your customers some kind of deal… DO IT. Decades in the business and a “unique” buying experience won’t get the job done alone.
Recent Posts
Mudd Advertising
Let’s leverage!
Mudd Advertising
Politics Schmolitics!
Mudd Advertising
Mudd has been promoted to Google Premier Partner
All Categories
Tags
anonymous website visitor identification
automotive
branding
cable
case study
chevrolet
chevy
data
digital marketing
direct marketing
display
dynamic inventory display
facebook
first party
google
google analytics
google premier partner
internet marketing
local seo
Matthew Moody
media
mobile search
mobile seo
MUDDid
online marketing
online video
organic
organic search
pay per click
political
ppc
promotion
retargeting
search engine marketing
search engine optimization
sem
seo
social advertising
social media
social media marketing
strategy
traditional marketing
traditional media
Volunteer Spotlight
youtube