We were over at Infusionsoft’s blog the other day catching up on all the wonderful things they post over there when we came across this post, 5 Sales Promotion Ideas That Small Businesses Can Execute. They talk a lot about actual promotions you can do, duh, but what we liked most about the post was the information they shared about the details. Yah, you could throw a flash sale or offer a discount, but if you miss out on important details- it could end up killing your business instead of growing it.
The first part of the article talks about the execution. Before you announce any kind of promotion, it’s important to consider the who, what, why, where, when… you get the point. What kind of promotion do you want to offer? What is the goal of the promotion? Why are you offering this promotion? Understanding the reasoning behind the sale/promotion will help you decide what the best course of action your business needs to take to prepare and execute the sale/promotion.
They then go on to list a number of promotion types including flash sales, Buy One Get One Free (BOGO), coupons and/or discounts, tripwires, and recurring sales. Each point provides information on what each type of sale is, what type of customer it could target the most, and even includes several points on how to execute the sale to your own business needs.
All in all, we thought it was a darn good blog article and thought we should share with all our followers. It’s great information, and if you decide to implement some of these ideas to your own business, please let us know how it worked for you in the comments!
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