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[[CWB]] Mastering the Art of Discount Offers (Episode 190)

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mike@copywriterbrain.com

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Mon, Oct 28, 2024 01:55 PM

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Slash prices, not profits - learn the secrets of irresistible discounts!  ͏ ͏ ?

Slash prices, not profits - learn the secrets of irresistible discounts!  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ ​ By Mike Giannulis Hey ! We're diving headfirst into the world of discount offers - you know, those price-slashing, profit-boosting, customer-attracting magic bullets that every copywriter needs in their arsenal. If you missed our last episode where we introduced the five types of killer offers, make sure to check it out. But for now, let's talk about how to make your discount offers so irresistible, your customers will think they're stealing from you (spoiler alert: they're not). The Psychology of Discounts: Why They Work Before we get into the nitty-gritty, let's talk about why discounts are so darn effective. It all comes down to basic human psychology: - Loss Aversion: People hate missing out more than they love gaining something. A limited-time discount triggers this fear of loss. - Perceived Value: A discounted price makes people feel like they're getting more value for their money. - Instant Gratification: Discounts provide an immediate reward, which our brains love. - Social Proof: When people see others rushing for a deal, they want in too. Now, let's dive into how to craft discount offers that'll have your customers reaching for their wallets faster than you can say "limited time offer!" The Art of the Discount: 5 Strategies That Work - The Percentage Off This is your classic discount. But here's the trick - use odd numbers. A 37% off sale feels more specific and legitimate than a round 40%. - The Dollar Amount Off Sometimes, this can be more effective than a percentage. "$50 off" might sound better than "10% off" on a $500 item. - Buy One, Get One (BOGO) This works wonders for physical products or digital bundles. It makes customers feel like they're getting something for free. - The Threshold Discount "Spend $100, save 20%" encourages larger purchases. It's a win-win! - The Loyalty Discount Reward repeat customers with exclusive discounts. It builds brand loyalty and encourages repeat business. But Wait, There's More! (How to Make Your Discount Offer Irresistible) - Create Urgency Use time-limited offers or countdown timers. "Only 24 hours left!" can work wonders. - Add Exclusivity "VIP members only" or "Exclusive to our email list" makes people feel special. - Tell a Story Don't just slash prices. Explain why you're offering this amazing deal. Maybe it's your company anniversary or a product launch celebration. - Use Power Words "Slash," "Smash," "Demolish" - these words make your discount feel more impactful. - Show the Savings Always show the original price, discounted price, and the amount saved. It reinforces the deal's value. The Golden Rule: Don't Cheapen Your Brand Here's the thing - while discounts can be powerful, they can also backfire if not used carefully. If you're always offering discounts, customers might never want to pay full price. So, use them strategically and sparingly. Remember, the goal isn't just to make a quick buck. It's to attract customers who'll stick around even after the discount ends. Your copy should focus on the value of your product, with the discount as the cherry on top. Next time, we're going to dive into the world of bundling. You'll learn how to package your products or services in ways that'll have your customers saying, "I'll take the lot!" Trust me, it's going to be bundle-icious! And after that, we'll uncover the secrets of crafting irresistible free trial offers. By the time we're done with this series, you'll be an offer-crafting ninja, slicing through customer objections like a hot knife through butter. So, keep those creative juices flowing, and remember - in the world of copywriting, a well-crafted discount offer isn't just a price cut, it's an invitation to a long-lasting customer relationship. Until next time, keep writing, keep testing, and keep those cash registers ringing! Mike Giannulis P.S. Want to master the art of crafting offers that sell like hotcakes? My Copywriter Brain course is packed with advanced techniques to take your copywriting to the next level. Check it out at [(=) and start writing copy that doesn't just persuade - it sells! ​ Thanks for reading! If you loved it, tell your friends to subscribe. If you didn’t enjoy the email you can [unsubscribe here](. To change your email or preferences [manage your profile](. 7853 Gunn Hwy #360, Tampa, Fl 33626

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