Giving Away Freebies to Improve Sales

Mika

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Who doesn't like getting something for free? We all do, right? Well, giving away free items is a great marketing strategy to make people interested in your products. You can either give free products with your premium products or even use "buy two, get one free" strategy to attract more customers. When people are getting free product, they will always make sure to check the product. Sometimes they even buy a product that actually do not even need just because they are getting something for free with it. If you want to improve sales for your business, you need to use this marketing strategy
 

Highs

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There are ways in which we can attract customers. Personally I would like freebies too, not frequently anyway. So I feel if I do same for my customers they wouldn't go far from me. Discounted product is also another effective way of making your customers keep coming people love when you slash prices they might not tell you but really love that. Another thing is customer service. If you have a good customer service in case of any issue or inquiry. When they get attended to fast and with ease, they would appreciate it.
 

Spencer

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This is a great business model to use and it works across board, there are a lot of companies that became successful through offering freebies, the most important thing in business is growth, if a business becomes a high growth even if it's not profitable you can attract capital from investors if you can articulate your plans in expanding on the business.

You can use this model if your idea is pretty new and if you're selling tangible items that people value, giving out freebies is not meant to last forever, it is just to get people on board on your program and make your name known.
 
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