Believe It Or Not There Are Definitely Some Really Cheap Marketing Ideas You Should Seriously Consider Using!
So would you be more inclined, to use some type of marketed process, and or really cheap marketing ideas and or strategies, provided they already had a proven track record of some kind?
Good answer. And you know what? So would I. 😀 Typically though, more times than not.
Here’s you’re ongoing challenge, with regards to consistently generating, any type of worthwhile results.
Especially from some extremely low cost methods. Usually, you just can’t expect to consistently generate, any type of reliable, bankable results, from your typical, cheap marketing ideas and or strategies.
But thank goodness, there are most definitely some notable exceptions, as you’re about to discover.
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Case in point. Have you ever gone into the local shopping mall, during the hectic, holiday rush season. And typically, there are those solo-preneur types, who have rented or leased, (either) a table, cart and or kiosk of some type.
You know what I’m referring to, correct? And obviously, just depending on how crowded or empty the mall is, and the time of year, the prices vary, do they not?
This being the case. Imagine for just second. An aspiring entrepreneur, sells all sorts of really great looking, yet affordable, home made jewelry and other crafts.
But right next to their push cart, is a seven foot teddy bear. 😀 With a giant which says, raffle.
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So it’s just $5 dollars to enter. However, for your investment of $20 dollars. Not only do you get to snap a selfie or two with ole teddy. 😀
But your raffle entry goes in an additional time, plus, the eventual, 1st grand prize winner<(if it’s a lady), automatically gets a dozen roses and a gourmet box of chocolates, delivered, either directly to their job, and or place of business. Pretty cool, right?
And typically, since it’s around the major holiday rush. On average, about 4,000 unique individual per day, will pass through mall. Shopping like crazy, right?
Which means, about somewhere between 75- 150 patrons per, 95% of whom are women.
They will eagerly take a chance, on spending either $5 or $20 dollars, to enter your raffle.
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Just to keep the math incredibly simple here. Let’s say on average, about women local women per day, (seven days a week), stop and 80% of them, (or) 80 women per day, participate in your raffle.
Forty of them spend $2 dollars, and the other 40 of them spend $20 dollars, for all of the aforementioned, potential benefits.
Unbeknownst to these local ladies. At least 75% of the revenue raised via your weekly raffle, will go directly to some reputable, local charities.
Because in reality, behind the scenes, you have at least two or three local sponsors.These non directly competing vendors, want the chance, to inexpensively access, your specific target base, for literally pennies on the dollar.
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And here’s how they’ll initially test doing it. Let’s say you have successfully negotiated, with three, non directly competing vendors, who want to access your audience.
Which is why, they each initially invest $500 (or X) amount of dollars per week, to help offset the cost of your cart and or kiosk.
Plus, they’ll invest an additional $500 dollars each, in order to participate in your grab bag strategy.
Basically, each consumer in the mall, who spends the $20 dollars, to participate in the raffle. They also get to reach into your grab bag.
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And these three, non directly competing vendors, will each supply, you with at least 50, first time on, discount saving/gift certificates each.
However, whichever vendor, would like to provide at least 250 of their particular gift certificates.
Then it will only cost them $1,500 (or X number) of dollars per week.Which dramatically improves the odds, at least one of their gift certificates gets pulled. 😀 Pretty cool, right?
Think about it for just a send. For an investment of $1,500 dollars per week. If each week, 250 first time customers, were to come to their showroom, this is an overall cost of just $6 dollars per lead!($1,500 / 250= $6 dollars per lead-CPL = $6.)
Hopefully you can now much better appreciate, why some cheap marketing ideas and or strategies, and definitely worth pursuing. Don’t you agree?
P.S.Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can
apply to your business, product or service in the next 30 days or less!
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