Flash Deal in Business Matchmaking
Have you ever heard of a flash offer in Business Matchmaking? In the business world, everyone is always chasing new opportunities and new deals, so it’s necessary to occasionally change your strategy to reach more customers and generate more revenue.
Today, we’re going to talk about one of the tools of Sales Promotion. This is an immediate strategy in marketing that aims to achieve quick and substantial profits for your company.
What is a flash offer?
A flash offer is a type of offer where the price of a specific product or service is significantly reduced. Consequently, it can generate a high volume of sales if implemented correctly. However, if not applied properly, the results may be minimal.
But what would be the correct way?
There isn’t exactly a formula to be considered when implementing this type of strategy. However, one important factor that can completely change the outcome of the technique is the customer’s familiarity with the brand being offered.
For example, if you present a flash promotion for a product that is not selling well, it is likely not the price that is preventing customers from buying, but rather the brand authority. Consider that once a customer becomes accustomed to a brand, they tend to make repeat purchases from that brand. When a flash offer arises, their desire to acquire more than a single unit is greater because they already know the brand or product.
How to implement a flash offer in a Business Matchmaking context?
Contrary to popular belief, Business Matchmaking events are actually great opportunities to implement offers. It is ideal to provide offers exclusively to the attendees of the event, creating a sense of exclusivity.
We recommend leveraging the authority of your brand! Whenever you participate in a Business Matchmaking event, make a flash offer specifically for those in attendance. This will certainly generate higher engagement!
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