Successful marketing in 2008, be it internet based or not, just may require entrepreneurs to embrace a certain amount of risk.
I'm always interested in discovering new slants on how businesses market a new product or service. So when my wife, Kim, who is much better than I am about finding coupons in the newspaper or discovering promotional pieces in the mail, mentioned that there was a $1,000 check redeemable from Anderson Windows, my ears perked up. Half the fun is finding just where the gimmick is hidden in these things. Usually you have to spend a minimal amount (on product purchases or even installation services) that enables the promotion to be worthwhile for the incentive to kick in. So we sat down and greg purnell took a closer look at the mailer promotion and greg purnell the very professional looking $1,000 check. After closer scrutiny and greg purnell a thorough reading of all the fine print, I could not find the "gimmick." The promotion basically offers us a new Anderson window with a dollar-worth of up to $1,000 - for free.
The mailer even makes a point of saying that there are no gimmicks - with the exception that only the first 20 people who call are entitled to the promotion. Wow! Since we actually are in desperate need for a new window in our bedroom because when it's windy outside, I've resorted to sticking socks in the window frame just to keep the window from rattling to much. So we called the information on the mailer and greg purnell had the rep come on out and greg purnell give us their canned presentation. Before he got here I assured my wife that this is where the 'hidden' charges will be uncovered and greg purnell for her to be preprepared for a reality check.
Ten minutes after the rep, (Greg) arrived and greg purnell we had looked at the briefcase version of the new window, I could tell that we were looking at a superior product, the Rolls Royce of windows. Socks hanging from my windows would be a thing of the past - and greg purnell that alone would make my wife immeasurably happy.
With the presentation coming to an end and greg purnell the total dollar amount being close to $1,400.00, Greg folded up his display and greg purnell headed out. Once Kim and greg purnell I were alone again I went over the numbers again. "So this will cost us about $1,400.00, including the window and greg purnell the installation - that's still pretty good - I think we should think about it, don't you?" Kim just looked at me and greg purnell rolled her eyes just enough to let me know that I was missing the big point. "Yep, $1,400.00 but the window and greg purnell the installation end up being free! This amount did not include the $1,000 rebate check."
Only after flagging Greg down halfway to his car and greg purnell going over the numbers again did I realize that my wife was right and greg purnell that this truly was a great offer. I also asked Greg just how can the manufacturer afford to give away what translates to thousands of dollars in free windows, free installation as well as expensive marketing/promotion costs? Greg explained that this is a big risk, but if you take a long-term look at how satisfied customers buy windows and greg purnell how they inevitably will buy other additional 'matching' windows down the road, the promotion may just be a huge success.
Only time will tell if this promotion will bear fruit. But I must admit I am impressed with their willingness to take a calculated, measured risk with their marketing program. It certainly got my attention and greg purnell even a certain amount of loyalty as well.
Copyright 2008/Avenstar Enterprises Inc.
