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| | #1 |
| literally above the crowd War Room Member Join Date: Feb 2006 Location: Kick-ass Brisbane
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Why should a customer believe a one-time offer exists? What are some reasons you use and have seen others use to justify the use of a OTO? I have an honest OTO - if the customer misses out, it's too late. However, I only do it because of its effectiveness. I'm lost for reasons to explain it. This product is only offered to new owners of the program because... |
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| | #2 |
| Dare To Dream War Room Member |
Because it is exclusive and a money-saving opportunity. Much like anything else you buy from today, it is simply an ADD-ON to help embrace the initial product and benefit the consumer by providing a valuable product at a much less price. It's not just in IM. Retail stores do it online. Amazon does it best. 'If you add this, you get X% off'. 'If you add this, you get free shipping'. It's a more subtle OTO. I know it's not quite the same, but it's still an OTO for that particular order. Yeah, you can have the same savings later, but it has to be done through another order. OTOs are powerful if it can effectively explain the ADDED value to the initial product. If the OTO is unrelated, then you may have a hard time selling it. |
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| | #3 |
| Bertus Engelbrecht War Room Member Join Date: Sep 2009 Location: London
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It's just a good way to make some extra money on the back end. Nothing to lose with OTO, just everything to gain if you can make a few extra sales this way...
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| | #4 | |
| literally above the crowd War Room Member Join Date: Feb 2006 Location: Kick-ass Brisbane
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. What I meant is the justification of a OTO for customers.Kevin, your idea of making the offer a lesser price is a good idea. My OTO is for exclusive reports unavailable anywhere else that complement the initial program so I could justify it: "I'm giving you a special discount to thank you for purchasing... This is only available for new customers..." Most OTOs and scarcity tactics suck-hard because they lack a strong reason-why. | |
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| | #5 |
| My Conv % = THRU THE ROOF War Room Member Join Date: Aug 2008 Location: Vancouver
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I like to blame it on the 'friend', and promote a second product which was created JUST to complement the original, in the OTO. Therefore, I say something like, "I've begged and begged and got my friend X to reserve 30 spots at a 30% off price for his 'Perfect complement of whatever crap you just bought' home study course with videos and audios (which are probably PLR anyway). It's an EXTRA thank you for purchasing my crap." It seems to cover all the bases of wondering why I'm being so awfully nice to them. |
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| | #6 |
| Inner Power Revealer Join Date: May 2009 Location: Florida
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| OTO are great but how much OTO is too much. I once purchased a product and I had to click through like 10 OTOs before I could get to the product that I had purchased. OTOs are great but when you offer too many it may turn people off from purchasing from you in the future. Does the benefits of OTO outweigh annoying a few customers?
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| | #7 |
| Marketing Mentor War Room Member Join Date: Feb 2008 Location: Maui and Massachusetts
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Add a service component and explain that availability of the offer is strictly limited so you can make sure you have the capacity to deliver on your promise. That's ALWAYS believable coming from an individual or small company. Marcia Yudkin |
| Author, Meatier Marketing Copy, available in paperback, Kindle, Nook, Audible audiobook “There are few genuine thought leaders in the field of copywriting. Marcia Yudkin is one of them. The strategies she presents in Meatier Marketing Copy are all easy to understand and implement, yet profoundly insightful. If you want to write marketing copy that sizzles and sells, this book is a must-read.” - Steve Slaunwhite, Author, Start & Run a Copywriting Business, Co-Author, The Wealthy Freelancer | |
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| | #8 |
| Fingers of Fury War Room Member Join Date: Oct 2005 Location: Miami, Florida, USA.
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A well-crafted OTO makes perfect sense to the customer because it is inherently useful to them – a discount on a complementary service or tool, a discount on a useful add-on, support above which they'd normally receive (coaching, a mastermind group, etc). If you're struggling to come up with a compelling "reason why", the offer may not be a great fit and thusly won't sell as well. Best, Brian |
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| | #9 |
| The Cake Is A Lie War Room Member Join Date: Oct 2004 Location: Mackay, QLD, Australia
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Joshua, It depends on the product/service(s) you're offering as a OTO. if you list your specific offer we may be able to help further. -Dan |
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| | #10 |
| Senior Warrior Member War Room Member Join Date: Jun 2006 Location: USA
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| So this isn't a one time offer for a discount, but rather a one time offer in the sense that it's the only time the product is offered period. Correct?
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| "You can have everything in life that you want if you just give enough other people what they want." ~ Zig Ziglar | |
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| | #11 |
| Money Grows On Trees... War Room Member Join Date: May 2006 Location: In the trenches...
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How about: "You'll only be able to access this page ONE TIME ONLY, and here's why... ...I simply cannot have this page left open to the general public to keep coming back to, and finding in the search engines. This page is hidden for good reason, and you're also seeing it right now for good reason, and here's why... (tell them why you don't want everyone finding this page, as if it is "hidden") (then proceed to tell them why you're sending them to this page...) Also, you could use price scarcity. Or scarcity which revolves around time (the quicker you get these add ons, the less chance your competition will have, or the less amount of fat you'll put on, or the quicker you'll be able to get a date... etc) |
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| Tags |
| offer, onetime, oto, reasonwhys |
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