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Making
Millions with Continuity Marketing
Let's talk today about
continuity marketing. Continuity marketing is when your customer commits to
buying a series of items over a period of time. It's a win-win
arrangement for the buyer and the seller. Customers can receive
products they want on an automatic basis without the hassle of
reordering them, and you build a growing list of repeat buyers. Many of us have purchased merchandise this way.
Health and beauty products are successfully marketed on an
auto-ship basis. Gourmet food items also work well with
continuity marketing. Usually, the customer buys the product at a low,
introductory price. Unless the customer cancels the
agreement, she'll automatically receive new shipments of the
product every 4-6 weeks at full cost. There are different ways you can offer your
products. "Book of the Month" clubs are modeled after the open
ended model. This means that customers buy merchandise with the
understanding that goods will be shipped on an automatic basis.
However, buyers can opt-out of the program at any time. The close-ended offering works well with a
predetermined number of products in a series. For instance, a
customer may receive one volume of an encyclopedia every month until
the set is complete. Once the set is complete, the
agreement ends. Before you decide to choose continuity marketing
as part of your sales campaign, you'll need to assess
whether your product will work well with this approach. Products
where the buyer's needs remain constant over time usually work
well. For instance, you've probably seen the Proactivョ
infomercials on Sunday mornings. This product line flourishes
because acne sufferers have to use the product continuously
to get results and maintain them. Proactivョ uses the
auto-replenish model so the customer won't run out of the product. If you offer a continuity program to your
customers, make the terms of the agreement very clear. No one wants
to be tricked into buying products at a regular basis.
Because most of these programs automatically charge the customer's
credit card or debit card, make sure that the buyer gets no
surprises when the transaction takes place. If you choose to use continuity marketing for
your business, decide which approach will work best for you.
If you have a series of books or films, the overall product
may be more affordable if you send a piece at a time over
time. Customers who would never think of spending $299 for the
set may feel comfortable spending $29 every six weeks for a
piece of the set. If you sell something that needs replenished on
a regular basis - such as coffee, health products, etc. -
auto-ship is a good way to go. You'll build a loyal customer base,
and you can also use upsells and cross-sells to increase your
profits. Continuity marketing is a win-win arrangement
between the seller and the buyer who wants to remain loyal
to the product. This is a great way to build a list of repeat
buyers over the long term, and your potential for backend sales
will skyrocket. About The Author:
http://RaiseYourRevenue.com Do you own
a small business? New report by David Ledoux
reveals how to grow sales, increase profits, and make more money
while working less. http://RaiseYourRevenue.com
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