Let's talk about Chuck E. Cheese for a minute. Network online marketers must remember of how organization is done at Charlie's location. I've begun passionately calling him Charles Edward Cheese III lately, simply to be silly. After all, isn't that how all super-rich bluebloods should be dealt with?
These individuals have the very best racket in the area. And the amusing thing is, we LOVE them for it.
I took my kid last night, as a benefit for being so well-behaved and carrying out exemplary with his choir at our regional kids's museum. I 'd tell you that the place gave my sticker label shock, but I'm not so shocked any longer. We've been going there for over 10 years - heck, I even went there as a child with my aunt and cousins. Back then, though, it was called Showbiz Pizza, and the star of the show was a purple gorilla, not a mouse.
I went to the counter, ordered my "small" pizza and the required tokens. I opted for the "offer" where I saved $6.25 because they offered me 29 perk tokens for buying 80 tokens all at one time.
I paid $20 for this little cup complete of jingly coins. Our kids enjoy it, and because of that we're prepared to pay for it ... and PAY for it.
You're trading worth, so you do not really believe about how much cash you're in fact putting into the machines at this place. The token devices even take credit cards these days.
Did you just see what happened?
They traded your worth down. Because in trading down worth, they offer a little bit of home entertainment along the way.
As a network marketer, if you can find a way to convert worth like Chuck, you're in luck. Producing a viewed value that's higher than your real cost is what creating an earnings is everything about, but in this case, not only are you making a profit, you're essentially gouging your clients AND they're saying "thanks, we had a great time, see you quickly!"
How can you convert value by adding no or low expense entertainment includes to your line of product?
And Chuck E Cheese Coupons before I get cards and letters, I know that there are overhead expenditures for a place like that, but I also know that if they're SELLING those prizes, there's currently a mark up on them, so to lower the value even further with tickets just verifies my point.
In network marketing, offering preferred customer cards, punch cards, or special host-only type events can increase your perceived value without raising the expense of doing business much, if at all. Loyalty items go along method toward building perceived worth.
The second lesson in Network Marketing is that if you can go the OTHER method and offer even MORE value for your clients, you'll gain an even higher reward. Chuck did this after months of customer grievances regarding the "price" of the video games. Now, all single player video games only "expense" one token. And they promote the heck out of that worth.
What can you do to lower perceived cost and boost viewed worth at the same time? As an MLM sales associate, you might be limited to the item sizes that your company offers, however are they making larger, household sized packaging now? Tell individuals when they're getting an offer, so they can value it, feel excellent about it, and invest even more with you.