Thursday, January 26, 2012

Put Some Pricing On Your Products

By Beth Swanson


Consider this situation: a man walking down the street noticed an attractive spring overcoat in a clothier's window. Everything looks gin-you-wine - the pinstripes, the size commensurate to that of a well-built five-foot-eleven individual. However, he notices that there is not a price tag attached to the guitar, and while he's wondering at the back of his head how much that darned guitar would cost, he has other things to do, other things to spend his money on, and now that he's working, he has precious little time to play anyway. Ladies and gentlemen, Exhibit A, your average American shopper, somebody who knows that something will come along, something just like that jersey in the store, maybe at a cheaper price, had he only known the price. If this is the case, then the dealer who bothered putting a price card on the item would have the customer's business, and not the one who bothered not to.

Money doesn't just talk, it screams in a cacophonous yet relevant voice when it comes to business. It is the most powerful of all arguments and enticements. So if you are selling a product or advertising a product for sale, you should definitely include pricing. Put yourself in the customer's shoes - the moment you see a nice-looking shirt, jacket or pair of slacks in the store, you would immediately think one thing - "how much?" Once your curiosity is sated by the price tag that comes with the product, you could have a measure of comfort, knowing you can part with your money and do good business for the dealer. The most successful businesses understand the importance of having printed prices. Shopping is much easier when customers do not have to ask any questions.

Catalogs are another great way to advertise your products and of course you want to include their cost when printing them out. Aside from the price, catalogs generally include a description of the product, its price and a few pictures relevant to the product. Most consumers would request for a catalog before purchasing. If you have a handy catalog with you, then this makes it easier for you to attend to customer needs and close more sales once they are able to make a decision.

People tend to look at catalogs if they have that "look at me" appeal, that unique characteristic that makes them more prominent. There are two main objectives you must keep in mind when creating your catalog, and these would be convincing your customers of your relevance while speaking positively about and for your company. It was not all too long ago when only a select few retailers made use of catalogs for their products. But right now, even medium and smaller business entities use catalogs to gain a wider share of the consumer market.

Thus, prices are absolutely necessary. Every customer, whether a man, woman or child, wants at first sight to learn the price of goods in which he or she may be interested. It is your duty as a business owner to release advertising that is clear, concise and amiable. If you speak to your customers as if you are speaking to a dear friend, arguments become more relevant and so does the pricing. Write the details of your item with that combination of accurate pricing and witty bonhomie that attracts a customer's eye. Accomplishing this ensures that you have done the best you could in your ad campaign.




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