Scarcity , percentage or bulk buy

by cmptlk
3 replies
I originally posted this in the online marketing section and they said i could get some professional advice here

I am going to launch a new online business directory which is almost like a service where they can do other things like post jobs and events. Lets say i have a group of business's within one company i want to make a launch offer to.. This is my current thinking..

1- Offer a percentage off for any of the memberships to that group
2- Offer a percentage off for any of the memberships to that group with a max limit of people who can get it
3- Offer a percentage off with a deadline
4- Offer a percentage off with several deadlines, the first being a greater percentage off by a certain date, then work the percentage discount back for a couple more deadlines.
5- Offer something along the lines of this
-100-300 sign up = you pay $$$$$$
-300-600 sign up= you pay $$$$$
-600-1000 sign up= you pay $$$ + 10% advertising
-1000-1500 sign up = you pay $$ + 15% off advertising
-1500-3000 sign up =you pay $ + 100 free impressions + 15% off advertising + 30 days free

6- Recent thinking - > offer number 5, with a deadline

The site will have a pay as you go / free basic listing so they can always use it on a basic level and enables me to up sell if they are using it.

I understand scarcity is a great thing for selling, but i also think number 5/6 might work as long as a couple committed , then you might get the trickle effect going.. I am not to fussed if i dont make $$$ at the start, because 1500+ people creating content and driving traffic is better for the long run.. Even if they got a massive discount , its still money to grow the site.. The group would have around 2800 clients if that helps in anyway..

being a new site with less traffic than my competition it may be hard, but offering something like 5/6 seems like a good offer to help get them across the line.

This isn't my sites landing page, i was thinking of setting up a private page for this company / group as i will become a business affiliate with the organization.There is probably 5 organizations i will become a business affiliate with and i will do something similar for them all to try and get a large part of the market.

I am not to sure how to manage it, as i understand there is a small window to close the sale, but i cant really close a sale to someone because the end price will be determined by the amount of people who sign up and the deadline. (if using number 5or 6).. I was thinking of ringing them all to finalize the payment once the deadline is finished as apposed to sending a link to pay.

What do people think about these options, advice on what to offer.
appreciate the help
#bulk #buy #percentage #scarcity
  • Coupla questions. What do your top three competitors use as an incentive to sign up for their directory? How will you drive traffic?
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    Marketing is not a battle of products. It is a battle of perceptions.
    - Jack Trout
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  • Profile picture of the author cmptlk
    they only thing i have seen any of them offer is a bulk discount to an individual who would purchase advertising as well as a listing. I am yet to see any of them offer what i listed.. Although i am sure they would offer a % off if they wanted the sale.

    At the start traffic will be driven by social media, youtube , twitter and facebook.. I am thinking about G+ and linked in but there is only so much one can manage so i would prefer the more viral networks ( at this stage)
    Traffic will also come from the organizations i affiliate with, who all offer back links, listings on there site / directory and announcements of new members.
    advertising will be minimal at this stage due to capital, but we will undertake it strategically.. We are also thinking of ways to get media attention on sites for the niche. does that help?
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  • Profile picture of the author verial
    This is more of a marketing question than a copywriting one. Here's what you should generally keep in mind for the long term:

    1) Giving discounts at the outset will make it harder to charge your normal prices later.
    2) Deadlines work if customers perceive you as being honest (e.g., raise the price after the deadline is reached if you want to be legit).
    3) Offering multiple deals works to drive your customers to your ideal offer (via principles of behavioral economics).
    4) Offering too many deals to new customers makes them confused, and you will lose customers this way.
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