A little TRICK to add incredible value to your offer ...

by Raydal
17 replies
One of the first lessons I learned as an online marketer was
the value of added bonuses. Bonuses have been known to
push prospects over the buying line especially when the
bonuses compliment your main product.
So bonuses are
almost a given for digital products today.

But what is less known is that you can add incredible value
to your offer by taking advantage of human nature. How so?

Well let me just give you one example of how the chain
stores do it. Did you know that this year over $2 billion
dollars would go unused on gift cards? TWO BILLION!

And that's because many people would lose their cards
or leave a balance on them. So these stores make a profit
from selling you money that you would never use.

Now the same philosophy can be applied to your online
products as well. Here are two examples:

1. Offer free consultation by phone because 99% of your
customers would never go through the effort of calling you,
yet it adds value to your primary offer.
2. Give a coupon for another of your more expensive service.

It's the same reason that companies offer coupons instead
of just giving the discount upfront--most people would not
go through the effort of sending in the coupons for redemption.

So go back and look at your primary offers and see what you
can add to give it more value--take advantage of human laziness.

-Ray Edwards
#add #incredible #littel #offer #trick
  • Profile picture of the author kindsvater
    [DELETED]
    {{ DiscussionBoard.errors[9365230].message }}
    • Profile picture of the author Raydal
      [DELETED]
      {{ DiscussionBoard.errors[9365295].message }}
  • Profile picture of the author Marco Moeschter
    Bonus are always good to have but you should offer real valuable bonuses because some people are going to buy certain products just to get the bonus. I mean it can that easy in our digital time because you have to create the product or bonus just ones and can duplicated as much as you want!
    {{ DiscussionBoard.errors[9365348].message }}
  • Profile picture of the author Mark Singletary
    Good post with a lot to think about.

    I think having bonuses for the sake of having bonuses can backfire though. I mean bonuses that are obviously worthless, not related to the original offer, some kind of rehashed PLR that the seller hasn't even read to check for accuracy, etc. In cases like that it's not the buyer's laziness that is exposed but the seller's. Quick way to hurt a reputation.

    Mark
    {{ DiscussionBoard.errors[9365826].message }}
    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Mark Singletary View Post

      I think having bonuses for the sake of having bonuses can backfire though.
      Hugely.

      Not only can they hurt reputations, but they can also make the offer itself look "desperate".

      There are some (actually quite a few!) products listed on ClickBank which have six, or even seven (and I've even seen one with eight!) "bonuses", very few of which are directly related to the offer itself. That's a massive credibility-loser.

      For myself (as an affiliate) what worries me about those is that they're a pretty reliable indication that the vendor hasn't split-tested. (If they had split-tested, they wouldn't still be using them!). And that makes me concerned that if they haven't split-tested that, they might not have split-tested anything else either, which means their page is probably far from optimized and maybe isn't going to convert my traffic nearly as well as the sales pages of other vendors would. So that really puts me off.

      I'm sure Ray doesn't mean "bonuses like that" at all, though. He's doubtless referring to one (or possibly two) high-quality bonuses directly connected with and relevant to the product, which aren't just old PLR/MMR stuff that some of the prospective customers may even have seen before.
      {{ DiscussionBoard.errors[9366883].message }}
  • That is trick.

    Do you want people to do the same for you?

    Let's say you go to the supermarket and they offer you like that because of using your laziness, you lose that.

    How do you feel?

    Come on, you may receive something back if you do that.

    I just come across you once so that is all I can say.

    I will never do that.

    I know how bad it is to lose money.

    It is just like the hot button to get rick quick, not gonna work. lose money
    Signature

    Currently on mode of looking for growing traffic. If you have an offer, contact me by email: blastor555@gmail.com

    {{ DiscussionBoard.errors[9366416].message }}
    • Profile picture of the author John Pagulayan
      Originally Posted by alertmakemoney4738 View Post

      That is trick.

      Do you want people to do the same for you?

      Let's say you go to the supermarket and they offer you like that because of using your laziness, you lose that.

      How do you feel?

      Come on, you may receive something back if you do that.

      I just come across you once so that is all I can say.

      I will never do that.

      I know how bad it is to lose money.

      It is just like the hot button to get rick quick, not gonna work. lose money
      Since when did an offer of free consulation became an unethical trick?

      This is the second time I came across a post of yours that totally made no sense.

      Please, if you're going to bash someone in his own thread, make sure you understand what the post is about.

      Offering a free consultation and a free coupon is not unethical.

      P.S. If someone from the supermarket offered me a free coupon, I'm going to take it. =)
      {{ DiscussionBoard.errors[9366789].message }}
      • Profile picture of the author Harvey Segal
        Originally Posted by John Pagulayan View Post

        Please, if you're going to bash someone in his own thread, make sure you understand what the post is about.
        Í think he's just got the wrong end of the trick ... I mean stick.

        .
        {{ DiscussionBoard.errors[9366794].message }}
      • Profile picture of the author salegurus
        Originally Posted by John Pagulayan View Post

        Please, if you're going to bash someone in his own thread, make sure you understand what the post is about.
        Don't be so sensitive, he did not "bash". He misunderstood what Ray was saying, also people are allowed to politely disagree without being called bahsers, haters etc.
        Signature
        Think of how stupid the average person is, and realize half of them are stupider than that.

        ― George Carlin
        {{ DiscussionBoard.errors[9367930].message }}
    • Profile picture of the author Raydal
      Originally Posted by alertmakemoney4738 View Post

      That is trick.

      Do you want people to do the same for you?
      You have taken the word "trick" to mean "deceive". There is a
      big difference. Magicians do tricks all the time to entertain us, but
      they are not deceivers.

      I think that you missed the point of the post but hopefully you'll
      get it later. (Maybe it's just a language barrier.)

      -Ray Edwards
      Signature
      The most powerful and concentrated copywriting training online today bar none! Autoresponder Writing Email SECRETS
      {{ DiscussionBoard.errors[9367085].message }}
  • Profile picture of the author MNord
    Originally Posted by Raydal View Post


    Well let me just give you one example of how the chain
    stores do it. Did you know that this year over $2 billion
    dollars would go unused on gift cards? TWO BILLION!

    And that's because many people would lose their cards
    or leave a balance on them. So these stores make a profit
    from selling you money that you would never use.
    Credit that never gets used is called "breakage." Large companies measure breakage (they have to for accounting purposes). They pretty much know what to expect, and they can use that information in their pricing strategies and for forecasting.

    Great post, and something too few people explore.
    Signature
    First 10 Warriors to PM me get a FREE weight loss PLR article pack. Brand new original PLR! (You must have over 50 posts and agree to provide a review.)

    Best-written PLR article you've ever seen? Find out...get it FREE
    {{ DiscussionBoard.errors[9367160].message }}
  • Profile picture of the author moneycoin
    I like it and am going to incorporate it into my sites - Thanks Will
    {{ DiscussionBoard.errors[9367178].message }}
  • Profile picture of the author gcbmark20
    Hi,

    Depending on the size of your offer or service you can always break it up
    and offer parts of it as a bonus.

    This way you already know that your offer matches the BONUS.

    It all depends on how you portray and construct your BONUS offer.

    You should always be thinking....."What's Next"?

    What else can I offer that will GIVE REAL VALUE and push that sale forward.
    {{ DiscussionBoard.errors[9367211].message }}
  • Profile picture of the author Steve B
    Originally Posted by Raydal View Post

    So go back and look at your primary offers and see what you can add to give it more value--take advantage of human laziness.

    Raydal,

    I don't think credible marketers should be designing bonuses to "take advantage of human laziness" as you state. IMO that should never be your purpose.

    Provide value to your main offer because it will help your customer . . . not because the probability is high that the customer will never redeem it or take advantage of it.

    Both the examples you gave, the "free" phone consultation and the coupon for a discount on a high end service, have a very definite and real cost to the owner to implement. You can't assume that these bonuses will cost you nothing because the buyer is lazy. A dozen "free" consultations could take a full day or more of your time.

    Steve
    Signature

    Steve Browne, online business strategies, tips, guidance, and resources
    SteveBrowneDirect

    {{ DiscussionBoard.errors[9367309].message }}
    • Profile picture of the author The Niche Man
      Originally Posted by Steve B View Post

      Raydal,
      . You can't assume that these bonuses will cost you nothing because the buyer is lazy. A dozen "free" consultations could take a full day or more of your time.
      Steve
      Amen brother. Been there ... done that.
      Signature
      Download "Free 80 Page E-Book"
      "201 Ways To Live Better On Less Money".
      "Because The Easiest Way To Make Money is ... ... By Saving Some First!"
      {{ DiscussionBoard.errors[9367343].message }}
    • Profile picture of the author Lance K
      Originally Posted by Steve B View Post

      Both the examples you gave, the "free" phone consultation and the coupon for a discount on a high end service, have a very definite and real cost to the owner to implement. You can't assume that these bonuses will cost you nothing because the buyer is lazy. A dozen "free" consultations could take a full day or more of your time.
      Well it'll be worth investing a full day or more of your time if including the free consultation has a large enough impact on your front end conversion rate and you know your lifetime customer value.

      Also, identifying the segment of your customer base that'll put forth more effort than the bare minimum will justify the time investment if you play your cards right.
      Signature
      "You can have everything in life you want if you will just help enough other people get what they want."
      ~ Zig Ziglar
      {{ DiscussionBoard.errors[9367589].message }}
    • Profile picture of the author Raydal
      Originally Posted by Steve B View Post

      Raydal,

      I don't think credible marketers should be designing bonuses to "take advantage of human laziness" as you state. IMO that should never be your purpose.

      Provide value to your main offer because it will help your customer . . . not because the probability is high that the customer will never redeem it or take advantage of it.
      Oh? Marketers do that all the time. I'm sure you have some time-saving
      appliances in your home. If you did your own laundry on hand then you
      wouldn't need a washing machine (assuming you use one).

      Don't take the choice of words too seriously. There is no ethical issue
      here. I could state this on another way: "Don't be afraid to offer free
      consultation with your primary offer because the majority of customers
      would not take advantage of this but your sales will increase because
      of the increased perceived value."

      -Ray Edwards
      Signature
      The most powerful and concentrated copywriting training online today bar none! Autoresponder Writing Email SECRETS
      {{ DiscussionBoard.errors[9368054].message }}
  • Profile picture of the author celente
    great stuff, in 2014 people still do like the HUMAN TOUCH or HUMAN CONTACT even though some days we feel like slaves on our zombie machines. LOL. Only a real marketer would understand that term. LOL
    {{ DiscussionBoard.errors[9368315].message }}

Trending Topics