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The Art of Startup Marketing
Article 8: Two Easy Marketing Tactics

Try these two tactics to get your startup marketing rocking:
  • Bundle losers with winners. If something in your product line isn’t appealing to your target market, use it as a marketing tool. These product losers become useful if greatly discounted and bundled with popular products or services.

    If your widgets sell like hot cakes, but your widget fasteners don’t, offer them together for just a tad more than the price of the widgets. You can clear up that backlogged inventory of losers and recoup some cash in the process. Often times, a loser is unappealing at $10, but is viewed as a bargain when included with another product for only $2 more.

    Don’t stop there. Track bundle buyers, then follow up with offers for the widget fasteners alone. Sometimes the loser only needs a home in order to be appreciated. This tact is better than giving away free samples to overcome buyer resistance. When bundled, at least you get some cash in return.
     
  • Appreciate, and mean it. In our glitzy age, marketing has become synonymous with gadgets and gimmicks. But at its core, marketing is a person-to-person endeavor, and is at its best when most closely approximating a personal relationship. Never stop telling customers how much you appreciate them.

    Knowing customers and keeping them satisfied is the most efficient, lowest low-cost marketing. It can affect your bottom line more than gimmickry and high-powered, slick campaigns.

    It is the ultimate insult to take clients for granted – and the fastest way to lose them. If you don’t make your gratitude clear, you do as much damage as if you snubbed them. It’s their perception that matters. Ultimately, you control what customers think of you by treating them better than your competitors do. Try these low-cost ways to demonstrate appreciation:
     
    • Tell them you appreciate them

    • Always say “Thank you”

    • Give more than expected

    • Charge less than expected

    • Offer something unexpected

    • Include handwritten “Thank you” notes in deliveries

       

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The Art of
Startup Marketing
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