Tuesday 7 June 2011

Some Different Ways to Discount

There are many different ways to discount your services without cheapening your brand.

If you want to fill some empty spaces in your diary fast, a lot of therapists are posting what I would call "cheap and dirty" offer on discount websites.

In fact it seems to be all the rage right now.  This site is a broker for the discounters www.allthedeals.com.au and will give you a list of all the different sites that allow you to advertise.

Indeed it is just another great way to pull new people into your practice.  It's most certainly a spray and pray tactic in that you spray out the message to a vast number of people, praying that it hits your ideal client.  Spray and pray tactics give you little control.

Its also a PUSH tactic meaning you have to push into a crowd to get a result.  My system much prefers PULL tactics where you build relationships that pull people toward you.

A pull tactic is much easier because eventually it surrounds you with people who know and love you and they want to love you more.

Push tactics often solve short term problems and fill gaps in your diary, but they may not sustain the business well, because you haven't qualified the people yourself.

A pull tactic means just by being you, you have drawn people to you via your opinions and by your ability to show your expertise in a particular area.  This takes longer and so a pull strategy is a long term way to get clients, but it a sure fire way to ensure you end up with a practice full of clients who love everything about you.

The difference is subtle but a pull tactic requires a bit of time to build the relationship, but once people who have experienced you a few times are ready to work with you, they require very little conversion because they have already decided that they know and love you.

These people may have been sitting as prospects on your newsletter list or have been following your blog, or they met you at a speaking engagement and became a facebook friend.  In these instances you have given them a taste of what you are all about before they phone you and they feel as if they know you.  If you build any sort of relationship with a prospect, the chances of them booking something with you, goes up the more they relate with you.

So internet advertising (that isn't targeted) is a lot like a virtual letter box drop - you are marketing to total strangers who have no idea who you are.  The pluses are that it doesn't cost a lot to get to a heap of people, but your advert may not bring huge results because the people looking at your offers, won't know you and may not be the type of people who want and need your services.  But if you only want to sell a couple of spots each week in this discounted category, then its another way for you to get the message out.

However, you need to consider if you are cheapening your brand.  

You also need to remember your current clients, paying top dollar may find these sites and wonder why you are overcharging them.  So as always discern if a service like this is right for you.

Using the discounters will potentially bring a lot of tire kickers, people who consume the cheap massage and then never return - that is a big risk in these types of offer.  But if you have your rebooking patter down, and encourage them to book again before they leave after the first treatment - then you have a potential loyal customer in your midst.  It's the strength of your re-booking patter that will determine the long term value in advertising on discount websites.

I believe you have to be careful about discounts - you can end up sounding like K-Mart if you are constantly discounting, and people just end up wanting to pay less and less for your services.

I'd consider other ways you can discount, without just slashing prices.

Maybe consider a discount club, where your current people may pay say $20 a year or month to join - up to you to decide the fee.  But the joining fee would get them access to your "last minute club" for a year.  The difference being that the available spaces in the club spots may be a bit random and they don't get to have regular times with you.  That way you are only offering discounts to certain "last minute" types who like to book last minute.  This type of strategy allows you to fill what is known as "distressed space" - someone has cancelled an appointment or you just have a gap in the diary.  The other plus is that you get back some of the discount back via the membership fee.

You could also consider a "come on short notice" deal for specific types of people - small business owners like me who have control of their own schedule or hospitality workers who have the whole day to themselves or are finishing work at weird times.  These types of people could come in your downtimes.  All you have to do is email or text them with your downtime specials and they can jump in and grab them. 

Its about getting creative with your discounts and making sure you don't end up with a bargain basement style practice.

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