Ten Sales Incentives and Giveaways to Increase Business.
In this recession giving something away can be an incentive for your customers to do more business with you.
Some examples are:
- Giving a discount on sales…the more you spend the bigger the discount.
An example is for every hundred dollars spent you get $10 off your next purchase. The benefit of this incentive is to encourage repeat business and larger sales.
- Online purchases offer free shipping with minimum purchase amount.
- Department store cosmetic counters give away free samples with every purchase.
- Banks encourage you to open an account or refer customers for a cash bonus.
- Starbucks gave free coffee on Wednesdays knowing that people will buy other things.
- Sunglass hut is giving a free sunglass cleaner and visor clip with purchase.
- Offer a frequent shopper card for discounts or free product.
- Give a free gift with a minimum purchase amount.
- Offer a membership for $25 which gives customers 10% off every purchase for one year.
- Many large corporations are realizing that free gifts stimulate sales . Always think about ways to generate more sales as without sales there is no business. Look at what other companies are doing and modify it for your business.
Share your sales incentives that have brought in customers.
The More You Give. The More You Get.
This is the advice a SCORE volunteer shared with me. Every time you volunteer–you learn, grow, connect and share success.
People often ask why do successful entrepreneurs and big-time corporate execs. volunteer as SCORE mentors for you. Here’s why: “I can help entrepreneurs reduce risk and increase their chances for success.”
“I learn as much from my clients as I share with them. It’s energizing to exchange ideas with the innovators in America.”
“To gather the knowledge of all SCORE experts and find the right tools, information and advice to help small businesses is a bit like putting together a puzzle. It’s fun.”
“Together, entrepreneurs and volunteers are a unique part of this country. Where else would you find volunteers who give free and confidential advice, simply because they want to see you succeed. That’s inspring.”
Want to learn more about volunteering? Learn more.
Ready to get advice from a SCORE mentor? Ask SCORE online.
Prefer to talk to a mentor in person? Find SCORE near you.
How has a SCORE mentor helped you? Share your story.
Christine Banning, SCORE
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