This is a contribution by our very own Shayne Tilley.
Launching products and campaigning can be fast-moving and complex beasts. There are so many layers, and even the best-laid plans can be scrapped in an instant as it all goes amazing well, or horrifically wrong…
Two promotional tactics we use in our product launches and special campaigns on both ProBlogger and Digital Photography School are the notion of “exclusivity“, and “limiting factors“.
I thought today I’d share with you the how and why of this approach, and what we’ve learned along the way.
So what do I mean by “exclusivity” and “limits” in the context of a launch or promotion?
Exclusivity:
Exclusivity is about creating a proposition that will not be available to the general public. It’s an offer specifically for you, because you meet some sort of criteria. It might be because you’re an existing customer. It might be because you showed early interest in a product. It might be because you are a newsletter subscriber, or a member of a community. It can be anything as long as you can define it.
By me giving you this offer I’m making you feel special. You’re acknowledged and rewarded and hopefully rightly so! This can then drive two responses:
1. the “nah-nah-na-na-nah!” response
We like to brag. Sometimes it’s about how much we paid for something, sometimes it’s about how little we did. When I make you this exclusive offer, it means when you take advantage of it, you’ll have something the chump next to you paid way more for and it’s only because you were you. It’s like winning without having to even play the game! Of course you’ll head to the checkout.
2. the IOU response
By giving you this exclusive offer you immediately think that you owe me something. I’ve taken the time to create this special offer and reward you for some reason. That I value you so much I’m willing to give you something that no-one else can have. The only way you can pay me back is take up the honour in which I bestowed upon you and head to that checkout.
An example we’ve used recently on ProBlogger.com:
We soft-launched the new ProBlogger Community in the last couple of weeks, and before making it available to all, we exclusively launched it to existing members first. We provided with exclusivity in two ways: offering members the chance get into the community early and establish themselves in addition to receiving a great price as a foundation member of the site. Why? Because no matter how great the content and site technology is, it’s the people there that make it special — and we wanted to ensure our loyal problogger.com members were part of the new site. A real win-win situation.
This idea of exclusivity has been one the tech start-up community has really embraced. Take Pinterest for example: it had an ‘invite-only’ sign up process for some time. You had to request access, and when you were given it, (because you’d been ‘approved’ by them), you are much more likely to actually use the service. There are secret back-door and referral systems built-in to make you feel even more special. Whilst you’ll see what sound like legitimate reasons for this, trust me – it’s a marketing tactic. One that’s designed to create an emotional debt with the product, person, or service you are using. Which makes you more likely to stick around.
And it’s quite effective.
Limited:
When limiting your campaigns, you are communicating some sort of restrictive factor. It might be stock, it might be seats, or it could be time. By doing this, you are creating a sense of urgency. A sense that “if I don’t act now, I might miss out“. These responses are driven by our past – we’ve all missed out on something because we waited too long, and it made us feel bad. It’s the desire you have to avoid that negative emotional trigger I’m pulling by limiting an offer in some way.
How we use this on Digital Photography School:
Every single new product launch we run will have a limit. For the most part, it’s in the form of an earlybird special. For a time-limited period, readers will receive a special discount, or a special bonus for a few weeks. Over the launch period, we up the focus on this to increase the urgency. The first week we’ll focus on the product or offer and just mention that it’s Time-Limited. The next week, we will announce the cut-off date with a little more prominence, and the final email we’ll send 48 hours before that date will be the core message of the product.
With this urgency we often see more sales on the last day than we did when we first announced the product. This of course goes up a new gear when we run our 12 days of Christmas Campaign, where each deal only lasts 12 hours.
It’s not about making the sale, it’s about closing it.
With both of these techniques, it’s not about making the sale. Your products benefit and the offer still needs to do that too (sorry). What limits and exclusivity will do is just give the potential customer that little extra nudge to head on through the sale process.
Digital vs Actual
These techniques have been around longer than the internet, and digital content is actually just an adaptation of what retail stores mastered a long time ago. If you’re selling a digital product, such as a book or a video course, then as long as there’s power you have an infinite amount of stock. However if you have a service, or a course, or a physical product, you don’t just have time up your sleeve to use as a sales technique – you also have ‘While stocks last’ – just as powerful, maybe even more!
The ProBlogger team recently witnessed action that a stock/seat limitation can create. After putting a limited number of tickets (450) on sale for this years ProBlogger Event, within minutes, half of them had sold. That creates a bigger, more urgent call-to-action, as people realised they only had a short time to make a call to attend or not. If they waited they’d miss out!
… and it snowballed.
This accumulation of momentum resulted in all tickets being sold out in 6 hours and a re-engineering of the event set-up for us to allow another 100 people to attend. Which sold out quickly again!
Time and its subtleties
If you can’t use stock as a limiting factor, then time will be your best friend – just like it is on Digital Photography School.
With time there are some subtleties in language you need to take into account.
‘Ends in two weeks‘ is much stronger than ‘soon‘
‘7 days only‘ is much stronger that ‘next week‘
‘In the next 48 hours‘ is stronger than ‘In the next two days‘.
When putting your copy and messaging together, you need to think about which time terms feel closer; and ensure that you are giving specific time periods rather than just writing generic terms like ‘soon’. As I mentioned earlier, we tend to get more specific and forthright as we get closer to the end.
Be prepared to shift gears
In your campaign and launch planning, you’ll have a nice start and end time for your offer. You’ll communicate that clearly as suggested above, but you also might find yourself in the situation where you need to change things up. We’ve done so a few times when:
- Our readers demand it: Because you have a limit and things change back to normal after it’s reached, some people will miss out. If you have enough of them you might, ‘by popular demand’, bring it back if possible for a little while longer.
- Because something broke: If something goes wrong, your website might crash – or in the case of us in the last product launch on dPS, our email provider went down – you’ll have people that missed out through no fault of their own. In this case you’ll have little choice but to extend the sale for those that missed out.
Truth is better than fiction
These techniques are powerful motivators, and you might be tempted to ‘manufacture’ them. Which is essentially lying to your readers. Now I can’t stop you doing that, but in the interests of a long-term relationship with your customers, truth is much better than fiction.
If you never intended to raise your early-bird price don’t call it an early-bird offer. If you’re thinking about putting up an out-of-stock sign on your product with a warehouse full of them, just don’t.
Eventually, people will figure it out.
When we put 450 tickets up for the ProBlogger event, we only ever intended to sell 450. As a result of what we witnessed, we were fortunately able to react quickly and find room for some more. It’s that authenticity that help build the demand in the first place, and lying will break that over time.
So that’s my take on exclusivity and limits, and how we use there here at ProBlogger and Digital Photography School. I’d love to hear if you’ve used these on your own blog and how it went.
Shayne Tilley is the marketing guy for ProBlogger.net and Digital Photography School. The author of the PB Guide to Online Marketing and a long time contributor to the blog. When he’s not thinking of new and interesting ways to grow the ProBlogger sites, he’s either bashing up developers or hanging out with the swiftly.com team.
Hey Shayne!
This is seriously amazing stuff written by you.. I always look for something unique which I can offer to the present customers. Targeting them again is quite easier than new ones..
I prefer to build relationship with them and keep asking them if there’s any problem or anything you need etc etc.. This helps in gaining trust which is the most important thing in every BUSINESS..
I have got so many ideas after reading your terrific post..
Keep writing :)
Thanks!
Thanks for your detailed writeup of the Exclusitivity method! I’m working on a campaign launch right now that I’ll be using this technique in and this was perfect timing. Thanks Stacy!
Truth is better than fiction as customers will take note of your credibilty and will be your loyal customers now and in the future.
These tips are very useful. Thanks for sharing this article Shayne! I really love the “Truth is better than fiction” part. If you want to create a long term relationship with your customers, then you should focus on this part.
Thanks for the amazing article. It your brand has credibility, almost every new launch seems like an exclusive and premium products.
Will surely implement the tips you have provided next time!
Hey Shayne,
I’ve used plenty of limited time offers for sales, it works especially well for ebooks or ebook packages, and app sales benefit from it too. I’m glad you mentioned digital vs actual – there are nuggets of digital gold to be found in some of those 80’s business textbooks – just takes a fresh application and a creative mind to sort out the rest of the details. Great post all round :D
Thanks for your elaborate writeup of the Exclusitivity method! I’m functioning on a campaign launch without delay that I’ll be mistreatment this system in and this was excellent temporal order. Thanks Stacy!
A great summary of two important sales strategies here Shane. One of the things I have always appreciated about Problogger is your honesty and transperancy. I agree it’s essential to be genuine when using these strategies so that you develop trust and rapport with your readers over time.
Hey Shayne,
Great Post, your strategies is great to launch a new product with a bang. These tips are helpful.
Thank you for sharing this with us
You guys are really awesome…
This article is really nice to launch the services and products.
Though few things went bounce … But still i enjoyed your case.
Really great source for everyone.
Great post Shayne!
Creating a sense of urgency is one of the keys to converting viewers into customers. You can’t depend on somebody returning to your site at some other time to complete the purchase. The best chance you have is right at the time that they read your offer originally, and not only do you have to present the benefit that your product offers, but you have to give them a reason to purchase right away! I find your tips on exclusivity very useful.
Cheers!
Thanks for all your great comments. The most heartening thing is pretty much everyone’s agreement around truth being better than fiction. Makes me so proud of the ProBlogger readership.
Thank you for this article. I really needed it. I just moved my site from an old domain to a new one and am re-branding. I have a number of new services I’d like to launch so I’m definitely going to go “exclusive” on them.
Thanks again!
Hi, very nice post written here. I liked it most. This is the good article on Launch or Purchase any product. It’s good way mention over here about how to launch any product and how to sale in the online market.
Thanks for share this informative guide. :)
Exclusivity has always worked well for me. Limited is another good option and ties quite well into exclusivity too…
nice blog..!! thanks for shairing the knowledge with us..
Yes, i have tried some things for website products and offers on them. They have successful for many times.
Thank you for this great and amazing article. I will surely implement the tips you have provided next time!
This is one of the very useful article for any business irrespective of how long they have being in the industry. We have used some of the techniques you have mentioned and things like sudden shift in gears as well. So hope to put into practice the other techniques mentioned as well.. Big thank for you.