I hate to admit it, but I’m a mail order rip-off artist … but as a consumer, not a marketer.
And if you follow the advice I’m about to give you, you can get some of the greatest deals on Earth … by “ripping off” direct marketing companies.
I don’t mean illegal or immoral rip-offs, such as ordering a product and then not paying the bill – knowing full well the direct marketing company is unlikely to ever collect such a small debt from you.
I mean taking advantage of direct response offers, keeping the premium, and then immediately canceling or returning the product … just to get the premium!
For instance, Gevalia Coffee has the most incredible offer you can imagine in their print ads – sign up for their monthly coffee service, and get the first shipment of two coffees for $10 … plus a FREE coffee maker!
We took the bait. Sure enough, you get two delicious gourmet flavored coffees – well worth the $10 alone – PLUS a beautiful coffee maker.
We canceled the service as soon as we got the machine and our first two coffees, so the whole kit and caboodle cost us a grand total of ten bucks.
What’s the lesson here? Direct marketing companies routinely make overly generous offers on the “front end” to get you in as a customer … because they know that a large number of people who take the bait will stay to buy more … and so the offer becomes profitable.
Another example is Easton Press. I accepted their offer of a beautiful leather-bound edition of Moby Dick and paid just $5.95 (the average price of their leather bound classics is around $50.)
I immediately opted out of the continuity program (”100 Greatest Books:), so you’d think I got something for (almost) nothing from them.
But they kept sending me more mailings for other series and single books. And now there’s a pile of about $300 worth of handsome leather-bound books on the shelves of my home library – and countless hours of enjoyable reading ahead for me.
So, who’s really coming out ahead here?
Well, I love the books. And Easton Press is making money.
So I guess we BOTH are winners here, which is how good DM works. Right?