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![]() Food for thought. A few random ramblings:
1. Have each vendor create a tip sheet, booklet, subscription, or report that explains some "secrets" of their crafts, and make that *at least* a $3 cost (preferably more.) 2. Restrict the use of the $3 coupon to an item selling for ______ or more, or a certain class of items. 3. Have each vendor use the $3 for an offer available from their website or through the mail, as well, which creates breakage. 4. Double or triple the value of the $3 coupon on items that sell for more than _______. 5. Let the people use the coupon for popcorn or some other things such as cups of iced (tap) water or iced tea, where the cost is almost zero. NOTE: If only 33% of the people actually use the coupon, the real net cost is only $1.00 to everyone ($3.00 x 33% usage.) 6. Make available to all the vendors a subsequent service such as a low cost ad in the promoter's newletter for a cheap cost of say $50, and let the vendors turn in their redeemed coupons from the show for credit against *up to* 50% off the $50 cost of the ad, and now the coupons are a profit center for the promoter. Just a few random ramblings, Chip Tarver < Your NoCost Coach Never a Fee - Ever! Available only by sending a blank email to [email protected] > Here's how a "simple promotion > idea" blew the roof off sales for a > "Trade Show" promoter. > Here's what happened; > My wife loves to go to Antique Shows. (She > had her own Antique Shoppe for years) One of > her friends puts on an "Antique Show > and Sale" in the local County > Fairgrounds every Spring and Fall. > Last fall her "Antique Show > Promoter" friend told us that she was > about to "throw in the towel" and > stop doing shows because the dealers weren't > selling. > She promoted the Show thru ads and flyers > and was able to get a good attendance at > each Show BUT...the people were just not > buying anymore. > After hearing this, I sat at a table in the > eats section, sucking on a > soda....watching.... > thinking...watching....thinking. > There was an "Entry Fee" of $3 to > get in. People would come in...stop at the > money-collection table... pay their $3 and > move to the right...usually. > They'd continue on around each aisle...stop > and look at an item or two...and continue > walking...acting as if they were really not > that interested in anything. > I thought, "WHAT would get these people > INTERESTED in looking harder at the items > (there was some good stuff at the show)? > WHAT would get these people MOTIVATED into > BUYING? > I thought, "Let's see now; They plunk > down 3 bux... walk around the Show and > leave!" > HOLD IT! STOP THE PRESSES! All of a sudden > IT came to me! > What if, after plunking down their 3 bux, > they were handed a green piece of paper, the > size of a dollar bill. What if the 4 corners > of this green piece of paper had > "$3" printed in big letters, 2 > inches high? > What if, in the center of this green piece > of paper with "$3" in each > corner...were printed the words; > "BROWSER BUCKS!" > THIS CERTIFICATE WORTH $3 TOWARDS THE > PURCHASE OF ANY ITEM AT ANY DEALER BOOTH! > JUST PRESENT THIS COUPON AND $3 WILL BE > TAKEN OFF THE PRICE!" > So...I ran this "idea" by the > promoter...showed her a mock-up of the > coupon and she agreed to give the idea a try > at her Spring Show...which I just came from. > Guess what? Her dealers just had the BEST > SALES of ANY Show they've ever attended! > People who used to just walk by the booths, > taking a quick glance and walking by....were > NOW...STUDYING THE MERCHANDISE > INTENTLY....thinking about WHAT THEY COULD > SPEND THEIR FREE $3 ON! > Attendees were NOW....LOOKING TO BUY! The > simple little green coupon with $3 in the > corners had FORCED THEM TO THINK ABOUT > "BUYING" rather than > "BROWSING"! > I'm sure most of the attendees could afford > to buy almost anything in the show they > wanted...that wasn't the point. They had > just been GIVEN $3...and the $3 could ONLY > BE SPENT on merchandise at the Show! > WOW! What a POWERFUL MOTIVATOR that little > green coupon was. Some dealers claimed > TRIPLE and QUADRIPLE their previous sales. > And...most of them wanted in on the Fall > Show and signed up NOW...to be sure to be > included. > So...from a "simple little > idea"...things were changed around to > AWESOME proportions. An idea that came to me > because I know a "little-bit" > about human nature. > I KNEW that that little piece of green paper > with the $3 in each corner would be > "BURNING A HOLE IN THEIR POCKETS!" > They couldn't stand it! They HAD TO SPEND > IT! > And...what this did was take them from a > "Browse" attitude to a > "BUY" attitude! > Granted....some people redeemed the coupon > for $3 worth of marbles or something else > worth $3...BUT... for the most part, dealers > reported MANY people redeeming that little > green piece of paper with $3 in the > corners...on items worth MUCH MORE THAT $3! > In fact, 3 or 4 dealers were overwhelmed > with sales. > It was "MOTIVATIONAL MAGIC"! You > shoulda ben der! > Anyway...I hope you enjoyed reading this and > I gave you an example of how just a > "simple little idea" can change > things around 180 degrees. > So...use your noggin and THINK! > Thanks for reading....Don Alm |
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