Selling During a Recession

November 19th, 2008 | Posted in Affiliate, Business, Tips

In connection with the current recession, moreniche as one of the affiliate program, which currently hold enough to give many new tips in face of the impact of the recession. As we know, as a result of the recession purchasing power of consumers tend to be down consequently the number of sales will be decrease. Among of moreniche tips is “5 Top Tips for Marketing During a recession”.

Here the tips on Marketing During a Recession:

  1. Customer discounts/incentives
  2. When people fall upon hard times it is important we justify the cost of any purchase, offering special incentives or discounts can really help customers choose to purchase.

    If a customer is undecided between two different products it might just be the discount you give them which could swing them one way or another.

    Ensure you use the SG ‘credit crunch’ discount code on your site and look out for the Proactol one coming this week.

  3. Push the price benefits over other options
  4. One of the biggest concerns will be the price of the product, it is important that you show why choosing your recommendation will be a cost effective solution.

    Compare against other products in the market place or other options. For example: by taking Proactol you will eat less saving you thousands from your shopping bills.

  5. Increasing perceived value
  6. It is even more important than ever that you push the extra value services; ideally you really want to promoted time based bonuses, order today and get $50 off. You should also really market the bonuses like “free shipping”. These could make a real difference when people come to order.

  7. Selling everyday items
  8. It is very important that your surfers do not look at the item as a luxury, often in difficult times people will stop purchasing more luxury items and stick to the necessities.
    It is very important that you pass the message across that this is an everyday item which they cannot do without; this is not the purchase of a lifetime but just something else to add to their basket.

  9. It’s quality and will not need replacing / Will last the test of time
  10. Finally it is important that customers feel they are purchasing something of quality, after all this needs to last longer than before as we all have less disposable income. It is important you portray the message that this product is better value for money as it will last twice as long as other products in the market.

Hopefully the tips above will help you to maintain your sales level.

6 Comments

  1. 1
    monik // November 23rd, 2008 at 1:39 pm

    HI! Nice blog buddy keep it up.
    I wanted to ask you for a link exchange. Please feel free to contact me – http://www.etiole.com

  2. 2
    Rick Vaughn // November 25th, 2008 at 8:52 am

    If you can do these 5 things during this recession. You will be a rich person when the economy turns around.

  3. 3
    dontloseyourhair // November 26th, 2008 at 12:32 am

    Just taking the time to say Nice blog … great post. All the best matey.

  4. 4
    dawn // November 27th, 2008 at 7:25 am

    #4 is the key … because everyone’s mindset is shifting more towards ‘needs’ rather than ‘wants’ –
    At least that’s what they try to tell themselves.
    Interesting times we live in, that’s for sure!

  5. 5
    Tom - StandOutBlogger Underground // November 28th, 2008 at 2:46 am

    I think if we focus on selling to peoples problems we will always be making money. When people have problems they become desperate and irrational – and buy a lot of product :D

  6. 6
    Robin Green // December 1st, 2008 at 9:14 pm

    I know for me, when shopping online for the best deals at this time of the year, one thing I look for is free shipping. Thanks for the tips.

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