Want to increase your sales BEFORE you launch your product or service? The following are some of the most effective ways to do just that:
1. Use Social Proof
What is “social proof”? Simply put, we are all conditioned to watch what others are doing and follow along (think teenagers). Using social proof in your marketing helps you to influence your customers to purchase your products/services, get new prospects to sign-up for your list, and get people talking about you and your offering – and that’s just the start.
So, how do you use this psychological trigger in your marketing?
One way is to use results-based testimonials. Ask your current customers or clients to give you results-based testimonials. They literally say, “I used this product and these are the results I got.” Having celebrities give these to you is great, but make sure you have testimonials from REAL people. Those are the ones that are really going to cement the idea in your potential buyer’s mind that they can do it, too.
2. Answer your prospects #1 objection
To take “social proof” to a deeper lever, anyone who is buying anything almost always has this #1 objection: “Sure, you can do it, but can I do it?”
In addition to using yourself as an example (if appropriate) as evidence that what you are offering does what you say it will, it’s also important to make sure you get “social proof” from people in your client/customer’s peer group. Then your potential buyer sees people like themselves and understands that “Hey, it worked for them, it can work for me, too.”
3. Use a time limit
Creating a sense of urgency around your product or service will make it that much more enticing to potential buyers. For example, offer special pricing for one week only and tell your buyers that after that week, the price will go up. You don’t even have to say by how much (but DO raise it if you say you will). Just knowing that there’s only have one week to buy at a lower price creates that sense of urgency.
4. Use a limited quantity
If you are selling a physical product and you are only having 100 produced, then use that information to create the same sense of urgency you would with a time limit. Use a countdown on your website to further create the feeling that if your potential buyers don’t buy now, they may miss out.
5. Use a time or quantity limit on bonuses
Additionally, you could offer bonuses for a certain length of time (first week only) or for a certain number of products sold. For example, the first 30 buyers would get an additional special report (valued at $XX).
The last three strategies also help your buyers feel like they are part of your “club” when they join by purchasing your product or service.
Obviously, you can use these tactics unscrupulously, and I’m sure you’ve seen it or experienced it yourself. But if you want your business to truly be successful, in all the ways that are important and meaningful to you, then you must only use these strategies with integrity and honesty.
If you really are only going to print 100 copies of a physical product, then only print 100 copies. That doesn’t mean that you can’t do another print run. It just means that you tell your market that you’re only going to print 100 now, and if you do decide to do another run, then they will have to wait before they can get their copy.
If you really are going to raise your price after a certain date, or after a certain number of items are sold, then you must follow through. You can give your current base a chance to buy at the “original” price before you raise it, but you still must raise your price if you say you will.
Your integrity using these strategies will create more sales for you than ever before. Choose one to try and enjoy your results!
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I’d love to hear which of these tactics you’re going to try and what your results are. Feel free to share with me below.