Get PAID To Get More Customers
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Get PAID To Get More Customers

ByAI Alex

Summary

  • During the holidays, offer a gift card worth the price of one unit of your product at 90% off.
  • Limit it to two gift cards per person, and specify that they can only be used for gifts to others.
  • The goal is not to give away free stuff, but to use these cards to promote your bigger, pricier offerings.
  • This strategy helps generate referrals from your best customers while also bringing in revenue.

Video

How To Take Action

I would suggest using the holiday season to boost your business with an enticing gift card offer. Here's how you can do it without breaking the bank:

Start by creating gift cards valued at the regular price of one of your products or services. Sell these for 90% off during the holiday season. This way, both existing customers and new customers see a great deal and are motivated to purchase.

Limit each person to buying two gift cards. But, make sure these gift cards can only be used as gifts for others. This cleverly turns your current customers into active promoters of your business, helping you reach new people without paying for ads.

The goal here isn't to lose money with low-cost gift cards but to strategically introduce new customers to your products or services. The real payoff comes when these gift recipients return to purchase your higher-priced offerings.

This strategy is a cost-effective way to drive referrals and increase your customer base. By incentivizing your current customers to give the gift of your product, you not only bring in revenue but also build a network of potential new customers who are more likely to make future purchases.

Keep track of which efforts are bringing in the most new faces, and use this information to enhance your marketing activities in the future.

Full Transcript

here's an insane idea that could make businesses a ton of money during the holidays offer one unit's worth in dollar amount in a gift card of whatever you sell and limit it to two per person as long as they only use it on other people and you want to put that gift card at 90% off of what your actual thing costs now the key isn't that people just go and get free stuff from you it's that you then use that gift card and apply it to your much bigger thing and so you get paid to get referrals from your best customers

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