These are some important lessons that small etailers can learn from Amazon Prime Day:
1. Create Your Own Holiday!
2. Get your affiliates to promote it for you.
3. Make people join your membership program in order to participate.
4. Build hype early, including pre-deals. Send out press releases.
5. Offer the best deals on your own products.
OK, to be fair, I guess I already knew this lesson, but I found it interesting how it really struck a chord with me: people are skeptical. It certainly doesn’t help when you go to a trade show and some of the vendors are sitting in their booth, playing on their phones or their laptops, or reading a book instead of standing up engaging with the attendees. Really? You paid good money to exhibit at the show – the least you could do is be interested in those that have come to see you. But the attendees are skeptical of those exhibitors that do engage with them as well. Here was my experience:
I had some custom fortune cookies made, with 10 different “fortunes.” Each one was some type of free gift. These included getting a copy of one of my books (which I had sitting out on the table next to the fortune cookies), a free consultation, a digital download of over 1 million royalty-free images and tools, the opportunity to appear on my podcast, or a program worth $97. All the gifts were pretty decent giveaways for a trade show, certainly much better than a pen or a piece of candy – they all had some significant value. I set the jar on the counter, with a sign telling people to take a cookie as there were prizes inside each one. People would walk up to my booth, read the sign, look at the fortune cookies, and walk on. Finally, I decided to verbally offer them a cookie and explain what they might win. That’s when I noticed that […]