Sunday, November 15, 2009

Brilliant Marketing Campaign Example

Part I Brilliant Marketing Campaign Example

 

The first e-mail establishes the "value" of what will become the "add-on." Try it out for 21 days... "If I keep the DVD, I'll pay just 4 installments of $3.74, plus shipping and handling." Shipping and handling is the Wharton School of Business's "incremental profit model," where the most important profits may be earned - pure profit - as the purchase price should already account for those costs.

 

Target correctly (previous buyers/subscribers like me), this is compelling. Having collected many of the 15 minute workouts, it would just be easier to buy the complete collection. I felt an initial desire to buy. In fact, I believe that many would be motivated to buy, in spite of an overwhelming sense of a lack of discretionary funds in today's economy. I wouldn't be surprised if many who read this article end up subscribing to Men's Health.

 

Note that at the bottom there's an introduction of the "Price Drop" announcement.

 

Part II of the Brilliant Marketing Campaign Example

 

Now, in this e-mail they present the "we're pulling out all the stops" part of the offer. After establishing the value of both components, they offer the previous $14.96 (plus shipping and handling) product for free, and you can keep it even if you cancel the subscription. Note that they are charging the $4.95 Delivery (shipping and handling), if you continue on with the subscription, so the DVD production is covered (and probably earns a net profit). The cool thing about the DVD is that it's nothing more than a "repurposed" resource." The components of the DVD were previously delivered as part of the magazines "gargantuan" weekly emailed resources campaign, the campaign that keeps them on a customer's desktop daily. Talk about top of mind. Their emails always contain items of real value (valued contact concept - bringing value immediately, whether or not a customer buys today).

 

If it cost me money to deliver like this, as in a traditional direct mail campaign, I'd have to be a Proctor and Gamble, or a Rodale to afford this. But e-mail, and social marketing make this something even a bootstrapped start up can afford. Add a reward like, "let us tell your friends by entering their e-mail address , and if one of them buys/subscribes, we'll send you a DVD for free" could dramatically accelerate the viral marketing of anything. Especially a "download deliverable," that costs next to nothing.

 

Rodale must have hire some great Interns this past summer, another great concept for Client companies to understand.

 

So, the next step for me/you could be;

 

How can I put this to work for me, does it have potential for finally starting my business?

 

What do I have (or can I repurpose) that costs little to nothing to deliver (Jim's tapes)?

 

Can I create an auto responder system to deliver daily or weekly "valued contact" items (snippets from that "download deliverable")?

 

Can I then follow up by offering the "Complete Collection" (with yet to be seen tips that were never delivered in the daily weekly tips) at a incredible value, with an independent "New Reduced Price" subscription offer at the bottom?

 

Can I finish with an "all stops pulled" offer that puts the "New Reduced Price" subscription on the table again, and include the FREE "Complete Collection" cd/dvd/download deliverable added for a one time offer? Don't forget we're going to collect the "delivery" charge of $4.79 (odd numbers can hold credibility and be compelling).

 


Make this "THE BEST YEAR EVER!"
Coach Frits

Just Give Me 5 Minutes Coaching - For Busy Executives and Business Owners

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http://justgiveme5minutes.com

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