Show them exactly how much they save by paying upfront

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Jahangir655
Posts: 55
Joined: Thu Dec 26, 2024 6:11 am

Show them exactly how much they save by paying upfront

Post by Jahangir655 »

Subscription discounts
Who doesn't love a good deal when it comes to committing to a long-term project? Subscription discounts are a great way to retain customers and save them money. Plus, you get recurring revenue.

For example,
Netflix achieves this by offering a discounted rate when you pay for a year in advance. This makes sense because you save them the hassle of monthly payments, and they guarantee that revenue. Subscription offers are ideal sales promotion ideas for building customer loyalty.

How to do it:

Highlight the savings: Show them exactly how much they save by paying upfront.
Add perks: Offer bonus features, like free shipping or exclusive content.
Targeted Renewals: Reach out to people who are about to end their job seekers number data subscription with a renewal offer.
Keep an eye on it: see how many people stay after the renewal offer.
Buy more, save more
People like to feel like they're getting a good deal when they buy more. It's like a little reward for buying extra items. "Oh, if I just add one more item, I get a bigger discount? Sure!"

Example:
This is what Uniqlo does with its "Buy 3, get 10% off" offer. It's simple, but it encourages people to buy more than they intended. This type of sales promotion example works perfectly to increase basket size.
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