This is useful when purchasing several Bonuses for regular customers . “Perks” for loyalty are always pleasant for everyone. Introduce discount cards with discounts, think over a special bonus accrual program. And be sure to promptly inform the audience about what benefits you offer and when.
Keep your finger on the pulse of your competitors .
Study their products, see what analogues they c level contact list have to your goods, monitor at what price and what quality the competitors sell their products. This will help you to form a more attractive offer in terms of price-quality ratio.
Apply the principle of package pricing . items of the same product group at once. Then the cost of each is lower than if they were purchased separately.Regular promotions help to find new and retain old customers . When people know in advance that at a certain time they can buy more profitably, they will not miss such a chance. For example, let’s say on the tenth day of each month all stores have a specific discount on everything.
- Skimming the cream . This works when the essential skill for influencer marketers you are introducing a product to the market that is not there yet. Then you can set a fairly high price and profit from it until your competitors “come to their senses” and release something similar. The main thing is that the product is unique and high-quality, then it will certainly attract buyers, and you will earn a good profit.
- Sliding price reduction . For example, you can gradually reduce the price of an old clothing collection throughout the year. Communicate this information to customers, and they will track your entire assortment themselves, counting on profitable purchases.
- Set a penetration price . This is used when there are many products similar to yours on the market. Then, to attract an audience, set a lower price at the start of sales.
- Consider pricing policy in relation to companion products (i.e., related products) . One product, for example, can be sold slightly more expensive than the market average, and related products – slightly cheaper.
- Provide different payment options . Give people the opportunity to pay both in cash and by bank transfer. If the assortment includes expensive items, then the provision of installments will be a big plus. Then it will be necessary to establish cooperation with several banks so that buyers can choose the most convenient and profitable ways of interacting with your company.
Places of implementation
Sales areas should be made convenient for people. And inside they should be greeted by friendly salespeople and a good selection of products.
Source: shutterstock.com
Here’s what you can do to improve your implementation points:
- Take care of new sales channels . This also helps to find clients and increase their number. For example, for an offline store, make an application through which you can order everything from home.
- Open new outlets . For exampl numbers lists xpand your store network to neighboring regions.
- Keep an ey