Saturday, November 28, 2009

The Offer You Can't Refuse

Unlike the drug companies that have so many legal warnings and disclaimers in their ads, you need to keep it real and simple.

From MarketingProfs.com:

Risky Business

"Having an offer for your products or services that is truly risk-free might be just the ticket you need to really make a difference in your email marketing campaigns," says Janine Popick in a post at her Vertical Response blog.

She points to retailers like these that generate customer loyalty and positive word-of-mouth with some impressive, genuinely risk-free policies:

  • Zappos gives customers a full year to make returns, and it offers a buying and return process that is quick, easy and free.
  • Nordstrom is famous for its liberal views of customer satisfaction. "You need to have your receipt, or your item tag," she notes, "but you can even return worn items without a problem."
  • Walgreens gives its customers a month to decide whether they like the make-up they purchased. "I'm sure they got a lot more in sales than they ever would in returns," Popick says.

Although offering some of these liberal policies may be too much for a smaller business to manage, it's clear that consumers love them. And loading a promotion with restrictions and fees can serve to annoy customers—and even destroy any trust you've built with them.

So what's the middle-of-the-road message for marketers here? Whether your campaign, large or small, promotes general policies like these or presents a unique one-time offer, just make sure it lives up to any risk-free promises it makes.

As Popick puts it: "If you have a great risk-free offer and you follow through on it, it really can generate good will and positive word-of-mouth. Do it wrong, and it'll bite ya!"

The Po!nt: Watch your step. Don't send subscribers a risk-free email offer unless it is—in fact—completely risk-free.

Source: Vertical Response. Read the full post here.

Sphere: Related Content

No comments: