S1 EP2 - Why the "Always on Sale" Strategy is Hurting Your Brand

24/01/2022 18 min Temporada 1
S1 EP2 - Why the "Always on Sale" Strategy is Hurting Your Brand

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Episode Synopsis

You get a discount! You get a discount! Everybody gets a discount!    While it might sound completely logical to believe that sales & discounts are super effective for your brand, Tara warns against this common and sometimes dangerous misconception. Why?    In this episode, Tara explains how non-stop sales & discounts could possibly cause a negative impact on your branding and relationships with your consumer, and how to start using them to your advantage instead!    KEY POINTS: - Being always on sale diminishes your brand's value  - What are the risks of running discounts? - How can I use sales strategically?  - 5 ways to use discounts without diminishing your brand   QUOTABLES: "If it is Columbus Day, and you don't want to have a sale, you don't have to have a sale."   "Is the product that's not selling well, not selling well, because it's not good? Or is it not selling well, because there has not been a lot of buzz or communication around the product?"    "It is more expensive to get a new customer than it is to keep an existing customer"   PRODUCTS / RESOURCES: Grab your FREE copy of the Profitable Marketing Playbook at www.profitablemarketingplaybook.com Visit Tara's website at tarapaton.com IG | @tarasoether - instagram.com/tarasoether     Stacking M's is edited by Instapodcasts (visit at instapodcasts.com)

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