What's better: $100 or 20% OFF?

Discussion in 'General Marketing' started by atlantico, May 27, 2006.

  1. #1
    There's a web design service that costs $499.
    I'm going to make a discount to attact more clients. How do you think, what variations is looking more attractive for potential customers?

    1. $499 - Order now and save $100

    2. $499 - Order now and get 20% discount

    3. Normal price $499, order today for only $399

    4. Today: $399 $499 (written in grey or striked-out)

    Alex @ qesign.com
     
    atlantico, May 27, 2006 IP
  2. zdestiny

    zdestiny Peon

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    #2
    i would go with no. 4 (it includes the msg in no 1)
     
    zdestiny, May 27, 2006 IP
  3. TomN

    TomN Peon

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    #3
    I agree. Go with 4. don't make your customers do simple math, you have to push it in their face and make it obvious that they're getting a great deal.
     
    TomN, May 27, 2006 IP
  4. geej

    geej Guest

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    #4
    I've pretty much have tried all the variations, they typically result in the same amount of sales. My conclusion was, that different wording attracts different people to buy. In an ideal marketing/advertising environment, we'd be able to study each individual person and have the style of marketing they respond to most often show up. The only cheap solution I have to this problem would be, run it one way one week, run it another the next. Just alternate every week so your for sure to get them all.

    I'm also partial to the number four with the wording Save $100 Today! Maybe put a javascript count down clock, just to create a sense of urgency. I did a campaign on my site with the cross out text, with the new price below it. It had pretty good results.
     
    geej, May 27, 2006 IP
  5. KeithLDick

    KeithLDick Peon

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    #5
    Myself, showing a *Percentage Off* on a price doesn't carry much weight with consumers since Gas Prices and other thing are going up by *Dollars & Cents*...
     
    KeithLDick, May 28, 2006 IP
  6. Mr_Kumar

    Mr_Kumar Notable Member

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    #6
    attracts me more. It says save..means I can invest it somewhere else.
     
    Mr_Kumar, May 28, 2006 IP
  7. Andreas Bard

    Andreas Bard Peon

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    #7
    3. Normal price $499, order today for only $399

    I think that one is the best, it really shows what the customer will save, and that most people like =)

    //Andreas
     
    Andreas Bard, May 29, 2006 IP
  8. atlantico

    atlantico Active Member

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    #8
    I agree with you, Andreas. I like this variation too. But does not it arouse some suspicion regarding the quality of service (not to mention "today", a well-known trickery)? :)

    Alex @ qesign.com
     
    atlantico, May 30, 2006 IP
  9. atlantico

    atlantico Active Member

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    #9
    Yes, "save" is a good word. On the other hand, a customer thinks "hmm, I need to look at other sites, maybe I can save even more?" or "I will better save 100% today, why should I save 20%? I'll check this site tomorrow, I bet, they'll have the same text".

    Alex @ qesign.com
     
    atlantico, May 30, 2006 IP
  10. atlantico

    atlantico Active Member

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    #10
    Well, it's important to note that I'm talking about custom web design service. The most of webmasters/site owners are clever men, so such techniques as count down clock, most likely, will not work. I mean, if someone makes his order and then sees the restarted countdown, he will be very disappointed. I think it's a bit disrespectful to use such methods, unless you clearly state the date of special offer expiration...
    The cross out text works, that's right.

    Alex @ qesign.com
     
    atlantico, May 30, 2006 IP
  11. atlantico

    atlantico Active Member

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    #11
    That's that makes a sense. Thanks for advice.

    Alex @ qesign.com
     
    atlantico, May 30, 2006 IP
  12. glorybeme

    glorybeme Well-Known Member

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    #12
    I like $499 $100 off.
     
    glorybeme, May 31, 2006 IP
  13. Cutter

    Cutter Peon

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    #13
    Do a split test, send each one to 5% of your list/PPC/whatever, then whichever converts best send to the rest.
     
    Cutter, May 31, 2006 IP
  14. atlantico

    atlantico Active Member

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    #14
    Unfortunately, I don't have a mailing list. But your idea is good, I'll think about it.

    Alex @ qesign.com
     
    atlantico, Jun 2, 2006 IP
  15. moneyonlineideas

    moneyonlineideas Peon

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    #15
    I did go with #4. Works well for me.
     
    moneyonlineideas, Jun 2, 2006 IP