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Premiums work! All those extra "bonuses" you see on those internet marketing ads are premiums too. As well as those offers of an extra "this or that" if you renew your subscription to a magazine, for example... (I remember my Dad once got a camera - in the pre-digital camera days - for renewing his subscription to Time magazine...) Here's an interesting one. Order some coffee - and get a free coffee maker! Apparently this has worked very well for Gevalia (which sells coffee), in their direct mail marketing... The coffee maker is worth more than the initial coffee order! (In their current offer - it has a $90 retail value, for a $24.99 initial order.) However... When you count the average lifetime value of repeat orders - they make great profits with this offer! They've been making this offer, or a similar one, for at least 15 years... So it's gotta be working! Here's the offer as it is from their website... ![]() (I've added a second ad of theirs as an attachment.) More info about this promotion here... http://www.directmarketingiq.com/art...-premiums-777# (article about this, written in 1999) http://www.gevalia.com (you can see their current offer here) Best wishes, Dien Last edited by Dien Rice : April 15, 2012 at 12:27 AM. Reason: additional info |
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