Discounting is for dummies – here’s why (and what to do instead)
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If you’re looking for a huge spike in sales for your business, then I’ve got some news for you — running a sale or discounting your products and services is NOT the right answer. In this video, I explain how discounting can result in long term damage to your business. I also show you what you can do instead to spike sales today and reap the benefits for the long term. Trust me, you don’t want to miss out on this priceless information.
After you’ve watched this video, tell me about a time when you had to deal with a customer negotiating your rates and begging for a discount on your products by leaving a comment here:
http://socialtriggers.com/why-you-should-never-discount/
Also, if you know someone who offers too many discounts, do them (and me) a favor and send them a link to this video.
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What would you recommend if my product is oriented to one-time gross sales? In case you purchase my product it is 95% that you just will not want yet another in your life. Based on my knowledge provide with a reduction converts higher then the one with out it.
Mind blown. Amazing presentation! Just wanted to say thank you so much for this! I definitely intend to try the strategy of adding value instead! Thank you!
But at the same time I think that people give discounts because discounts run everywhere and in a small money affair, he does not want to lose his customers.
I Have to say, there a lot of great info i can learn from u as i might be a future businessman as i going college next year for business study.
I personally love the idea of adding value to increase sales! Thanks Derek!