Basically, it involves reducing the price of a product or product line for a specific period of time. Companies typically do this during specific seasons that are closely related to the activity of the service they offer.
In this way, they encourage customers to buy, self employed database while also promoting services and promotions that are in demand depending on the season. Think of closings and openings, the start of summer vacations, or the boom in a particular area of expertise.
Deadlines
Commonly used by department stores, this strategy allows customers to pay for a product or products in monthly, biweekly, or weekly installments . This way, even if they don't have the full amount of the product, they can access it by committing to paying the remainder within a specific period.
Offers and Gifts
If you want to promote a product, a good marketing strategy is to offer free samples with complementary accessories. This way, you introduce potential customers to the product and encourage them to purchase it.
Bank Promotions
They involve, for example, accessing a certain number of interest-free installments by paying with a card from a specific bank or obtaining exclusive discounts for being a customer of that institution. These types of strategic alliances can even be established with other companies and industries.