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The Importance of the Offer in E-Mail Marketing

by Dr. Ralph F. Wilson, E-Commerce Consultant
Web Marketing Today, Issue 106, November 7, 2001

It would be great if all you had to do was say, "Here's a great product, buy it." For example:

Trouble Bending, Stooping, or Reaching?
The Golden Retriever® Reacher, the world's finest reacher
, is a godsend for people who have trouble bending, stooping over, or climbing a stool to reach something on the shelf. It's lightweight, strong, and balanced, with a 31" shaft made of tempered, aircraft-strength, aluminum tubing. The uniquely arched jaws can grip a newspaper or can of soup, but are so sensitive they can pick up a dime off a mirror smooth surface. Get one for yourself or as a gift for someone you love. Only $29.95 at Walgreen's and on the Web at http://www.arfarf.com

Pretty good copy -- benefits, features, price, call to action, and how to get one -- but no "offer."

I'm sure that some of you will buy one from my friend Dr. Ed Carboy as a result. But how could we boost Golden Retriever sales by 100%, 200%, or more? Direct marketers have found that a carefully crafted offer can stimulate readers to purchase where a regular ad may not.

What Is an Offer?

The offer is the "deal" you are giving the prospect. It includes price, but it's more. Streetwise Direct Marketing, George Duncan "The offer consists of everything that impacts the value or perceived value of the product or service, and everything that impacts the process of getting it from the seller to the buyer," says George Duncan in Streetwise Direct Marketing (Adams Media, 2001).

Two time-tested offers are: (1) money-back guarantee and (2) free trial, or a combination of them both. If you see an offer that says, "If you decide our honey-baked ham isn't the most succulent ham you've ever served your guests, just return the uneaten portion within the next 30 days and we'll return your money -- no questions asked." Just hope you don't get too many of those half-eaten hams back! :-) But even if you do, many more people will order because of the guarantee, since you assume risk rather than your customer. Direct marketers have found that money-back guarantees make you far more money than the cost of spoiled ham returned via UPS.

You want your offer to be so good that your prospect just can't afford NOT to buy.

What Kinds of Offers Are Possible?

Building a Mail Order Business, by William A. Cohen William A. Cohen, in his book Building a Mail Order Business (Wiley, 1996), discusses dozens of varieties of offers. Why don't you read through this list now and write down the ones you might be able to use with your product or service. The idea is to increase the value (or the perception of value) to your customer by the way you structure the offer. I don't advocate trying to deceive your customer -- not at all! But structure the offer so that the qualified customer has a very difficult time saying no.

Basic Offers
Right price
Free trial
Money-back guarantee
Installment terms

Free Gift Offers
Free gift for inquiry
Free gift for a trial order
Free information
Free catalog
Free booklet or e-book
Free fact kit
Free film offer
Free newsletter subscription
Free talent test

Discount Offers
Cash discount
Short-term introductory offer
Refund certificate
Rebate
Introductory offer discount
Trade discount
Early-bird discount
Quantity discount
Free shipping
Free shipping over $100 total

Sliding scale discount
Discount on selected products
Seasonal sale
Reason why sale (Fire sale, Inventory reduction)
Price increase notice
Random drawing sale

Sample Offers
Free sample
Nominal-charge sample

Time Limit Offers
Limited time offer
Prepublication offer
Charter membership offer
Limited edition offer

Guarantee Offers
Extended guarantee
Double-your-money-back guarantee
Guaranteed buy-back agreement

Build-Up-the-Sale Offers
Multi-product offers
Piggyback offers
The deluxe offer

Good, better, best offer
Add-on offer
Bounce-back offer
Increase and extension offers

Sweepstakes Offers
Lucky number sweepstakes
Involvement sweepstakes
Talent contests

Club and Continuity Offers
Positive option
Negative option

Specialized Offers
Yes/no offers
The super-dramatic offer
Trade-in offer
Third-party-referral offer
Member-get-a-member offer
Reduced down payment
The nominal reimbursement offer
Established value offer


Examples of Internet Offers

Offers I have used quite successfully are:

NOT

Subscribe to my weekly e-mail newsletter Doctor Ebiz (www.doctorebiz.com).

BUT

Subscribe FREE to my weekly e-mail newsletter Doctor Ebiz and receive at no extra charge two e-books worth $24.

Which of these offers is more compelling to you? The second one, of course. How about these?

NOT

Subscribe to my premier e-commerce newsletter Web Commerce Today for only $49.95 annually, and have access to all the back issues at no extra charge.

BUT

Subscribe to my premier e-commerce newsletter Web Commerce Today for only $49.95 and I'll give you, at no extra charge, three acclaimed e-books worth $87.85, yours when you subscribe to Web Commerce Today before the end of the month.

Of course, if you look, you'll find that the three e-books have been developed directly from content available in the back issues of the newsletter. But people don't value back issues the way they value targeted e-books with titles designed to speak to specific needs. It's a matter of packaging and perceived value. Note the time limited offer, which creates a greater sense of urgency to purchase. Here are some other e-mail offers I've received:

Free shipping on orders over $100.
Here's an incentive to cross a few things off your own list -- $5 to spend toward a purchase of $50 or more from your Amazon.com Wish List.
Science Fiction/Fantasy Fans - Choose 5 Books For $1. Test the limits of your imagination with the infinite possibilities of what may lie beyond. Click here for details.
Win a FREE custom-built website for your business. Every weekday in July Microsoft bCentral will give away .... Here's how to enter....
Your opinion is needed... By completing this study you will be entered into a drawing for over 100 prizes worth a total of $10,000.
What are you waiting for? Go to ... today to submit your 100% risk-free application and see if you qualify for our free color printer.
Let The Wall Street Journal Online be your most valuable online asset. Sign up for your Risk-Free Trial today.
Respond within one week, and you will receive the Nokia 5165 digital cell phone, for FREE. Shipping and handling is included, and the following FREE features: voice mail, text messaging, and caller ID. All at no charge to you! Special added attraction - $50 mail-in service rebate included with activation! Do not miss out on this offer! Click here now!
Create and Send Rich Media HTML eMail like this one to your customers! .... Free trial.
Buy One Month, Get A Second Month for FREE. For only $195.00, receive not one but TWO months on Biz2BizPRESS -- Receive two months of sending unlimited press releases for less than half the cost to send ONE release through those other wire services (a $390.00 value).

Hucksterism or Good Marketing?

Does all this sound like hucksterism to you? You need to retain your integrity -- at any cost. But the fact is, you just may not know how to sell well in the direct marketing world. You and I need to learn how to master this medium.

A couple of years ago as I was learning to write online sales copy, I sent a draft of an ad Make Your Site Sell, by Dr. Ken Evoy I was working on to my friend Ken Evoy, author of the classic e-book "Make Your Site Sell!" (http://sales.sitesell.com/myss). I asked him how he thought I might improve it.

He e-mailed back: "If I tell you the truth will you still be my friend?"

I encouraged him to be honest.

He responded, "You write like an engineer. You need to write beyond your comfort level." He was pushing me to stretch, to do things I hadn't done before. To be dissatisfied with past achievements. Good advice, and I'm still learning.

Why Is the Offer Vital in E-Mail Marketing?

If you and I don't learn to frame compelling offers in our e-mail messages, our e-mail ads will never rise beyond the clutter of hundreds of other ads and dozens of competing offers. We have to get the prospect's attention with an offer that's hard to resist. Then, and only then, do we earn the opportunity to establish a relationship with a satisfied customer who will buy from us again and again.

In e-mailings to your house list, on your website, and rented opt-in e-mail lists (if you choose to use them), a well-thought-out, compelling offer will generate a lot more sales than just a product description and a price. Guaranteed.


Direct marketing resources mentioned in this article include:

George Duncan, Streetwise Direct Marketing (Adams Media, 2001)
http://amazon.com/exec/obidos/ASIN/1580624391/ref=nosim/wilsoninternetse

William A. Cohen, Building a Mail Order Business (Wiley, 1996)
http://amazon.com/exec/obidos/ASIN/0471109460/ref=nosim/wilsoninternetse

Ken Evoy, "Make Your Site Sell!" (SiteSell, 2001)
http://sales.sitesell.com/myss


Read additional articles from Web Marketing Today, Issue 106, November 7, 2001

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