You've probably bought a book or two at one of the major chain bookstores. When you're checking out, you get asked if you have the "discount card."
The card is not free. It usually cost 10 bucks or so.
But you get a 10% discount on most of your future purchases so it always seem like a good deal to me. If I buy at least a hundred dollars worth of stuff in the next 12 months, I'm at breakeven. If I spend 200, I've saved an extra $10.
Unfortunately, I have no idea how the exact numbers work out for the stores, but I absolutely love this concept.
Here's why:
First, most people are buying less than one hundred dollars during their first purchase. Obviously, you get a discount on that purchase if you buy the discount card at the same time.
Let's say you're spending 20 dollars so you save 2 of those. Your net cost is 8 dollars.
And the store has an immediate profit of 8 bucks!
If you never ever show up in that store again, they've made a huge profit.
Second reason: Presumably...whenever you think about going to buy books in the future, you're going to think that it's pretty stupid if you buy books at any other bookstore. That means you return to the store to spend more money.
The bookstore wins again because (a) you came back and (b) you're spending still more money!
Of course, the bookstore is not doing anything wrong and this can be a real benefit to a frequent shopper.
My point in this message is that you should think about some way that your business can use this idea. How can you get people to join your club for a fee and then get valuable discounts whenever they come back and shop with you.
As marketers, we need to constantly be thinking about how we can copy the strategies that we see working in other businesses and apply them to our businesses.
A mistake that many people make is thinking that their business is different so the marketing rules change.
Not so! The principles of marketing are universal and apply to all types of business in all countries.
The savvy businessperson continues to study and apply these principles to constantly increase their profits!
I expect to see you in Atlanta in October. You'd be crazy to miss my free conference!
Yours in success,
Shawn Casey
Internet Millionaire Shawn Casey's "Mining Gold On the Internet" is one of the best selling Internet books with over 85,000 copies sold. In "Mining Gold", Shawn reveals the same step-by-step strategies he uses to create millions in Internet sales => http://www.ipcgold.com/ad/100/CD3839 Benefit from Shawn's 7 years of Internet experience and learn from someone who has actually made millions online.
![]() |
|
![]() |
|
![]() |
|
![]() |
What's a promotional freebie? A promotional freebie is something you... Read More
Have you noticed it? More and more marketing campaigns are... Read More
Do you ever wonder if you could be doing a... Read More
What do the following things have in common: brushing your... Read More
Available to all small businesses are business lists, which come... Read More
When developing new products and strategies, coming up with unique... Read More
No, customers aren't bloodsuckers (well, maybe a few are!) and... Read More
One of the most common issues I'm asked about is... Read More
Have you clearly defined your target audience? These are the... Read More
A provocation for the coming year, decade, century or millennium.By... Read More
Can we imagine a place in the world today without... Read More
Savvy event producers follow the Golden Rule: know thy audience.... Read More
"Instead Of Wasting Time Trying To Hit The Lottery Of... Read More
We all know we can pay a magazine or a... Read More
You can make the sale. You know your core message.... Read More
As you network and meet other business owners, keep this... Read More
Most small business owners want to generate huge profits, with... Read More
Last week I received a very nice thank you gift... Read More
Every now and then I will meet someone who has... Read More
It is a well known web site marketing strategy: To... Read More
Everywhere you go on the Internet you find the words,... Read More
Have you ever sat down to write a sales letter... Read More
There are several color formats and systems available for mixing... Read More
Boomers are a prime and growing target audience. Does your... Read More
As a life-long dancer, I know a bit about the... Read More
If a nonexistent man can change the world and millions... Read More
Entering into Global markets is a great way to organically... Read More
No matter what business you are in, you probably have... Read More
My niece recently graduated from high school, and my family... Read More
Good marketing, whatever form it takes, always meets certain criteria.... Read More
Starting a new online business, developing a new product, launching... Read More
Telemarketing has its place in the marketing arsenal. But telespammers... Read More
It used to be if you were a small business,... Read More
The Logo: a little historyLogotype, commonly know as a logo,... Read More
Do you ask prospective clients to go too far?Must your... Read More
When you hear the word "marketing" what comes to mind?... Read More
More and more companies seem to be looking for new... Read More
Not all benefits are created equal. Knowing which ones to... Read More
"But this won't work" said Steve. "I've tried it in... Read More
No matter what business you are in, you probably have... Read More
1. Personal Fundraising letters are about as personal as you... Read More
Wouldn't it be great to have a year where your... Read More
Developing the questionnaire is undoubtedly the most important part of... Read More
There is a big payoff in being different. When you... Read More
"You can make more friends in two months by becoming... Read More
The other day I received an e-mail from an internet... Read More
When you think about how to attract more clients for... Read More
The usual complaint from companies is that Marketing simply does... Read More
Many sales problems can be solved by improved marketing. Selling... Read More
As a small business owner, you must always explore creative... Read More
Do you know your audiences? I mean really know... Read More
Value proposition is treated as the standards or service that... Read More
What is the single biggest fear of teenagers, business owners... Read More
One of my associates sent me a promotional email she'd... Read More
Niches are like bathrooms; you never notice them until you... Read More
No, customers aren't bloodsuckers (well, maybe a few are!) and... Read More
How to Tie a Tie and How To Kiss -... Read More
In a world economy that is in constant flux and... Read More
Every day I talk with professional service providers who do... Read More
Can we imagine a place in the world today without... Read More
The biggest secret to success in business is to always... Read More
5000 B.C. -- somewhere near a cave in MontanaOg the... Read More
One of the biggest mistakes coaches, counselors and other healing... Read More
Direct mail marketing is essential for a business to survive.Choosing... Read More
If you use promotional products you probably already know the... Read More
Organizations often get stuck in neutral when it comes to... Read More
Marketing |