AnmolTech
01-08-2007, 02:59 PM
Just wondering if anyone has done some sort of cash back for selling hosting packages.
Also would appreciate if you would also look at my thread in
http://webhostingtalk.com/showthread.php?t=575183
Thanks
AH-Tina
01-08-2007, 03:04 PM
Do you mean that you want to give people 5% cash back for referring others to you OR are you saying you'll give your clients 5% cash back when they sign up with you?
If its the former, then that's just an affiliate program.
If its the latter, why not just give a 5% discount on their order?
--Tina
Why offer a 5% cash back rather than a discount code?
AnmolTech
01-08-2007, 03:08 PM
Do you mean that you want to give people 5% cash back for referring others to you OR are you saying you'll give your clients 5% cash back when they sign up with you?
If its the former, then that's just an affiliate program.
If its the latter, why not just give a 5% discount on their order?
--Tina
a 5% discount on their order seems to be a good idea also -- thanks
But if say i were to offer cash back in "points" that can be redeemed for hosting only -- how does that sound?
something simillar that my credit card company does (thankyounetwork.com) but in my case say i offer customers "points".
i dont know if it makes a difference either way -- just a thought that entered my mind.
thanks anyways for responding
AH-Tina
01-08-2007, 03:11 PM
Why make it so complicated and confusing? Just give them a recurring 5% discount and make it easy for everyone. As a customer, I don't want the added work of keeping track of "points" just to redeem them later for services I'm already getting...just give me a freakin' discount. ;)
--Tina
AnmolTech
01-08-2007, 03:17 PM
hey Tina i can sure use your advice on
http://webhostingtalk.com/showthread.php?t=575183
thanks a LOT
bithost(NET)
01-08-2007, 03:21 PM
Because different kinds of promos appeal to different kinds of people.
To me, for instance, 5% cash back sounds more enticing than a 5% discount. I think it's the word "cash," and the mental picture of someone physically handing me dollar bills. I like cash. :D
So it's the same thing as a discount. If calling it by something else makes more people buy it, then putting a different label on it is smart marketing.
:D Bailey
bithost(NET)
01-08-2007, 03:42 PM
hey Tina i can sure use your advice on
http://webhostingtalk.com/showthread.php?t=575183
thanks a LOT
Please do not cross-post in forums. One issue, one thread, no cross-linking.
:D Bailey
steven-v
01-08-2007, 07:19 PM
I don't belive in strong difference between 5% cashback and 5% discount - may be only on Enterprise level hosting with $1000's a month in bills....
To me, I don't need 5% cashback - I better get 12% discount ;) It's just wasting time to give tiny cashbacks
MrDubya
01-09-2007, 12:48 AM
I agree with the others. I'll take it a step further... How much are you paying for customers right now? How much do you make off of a customer?
Honestly, word of mouth (from what I hear, here, anyway :) is one of the best ways to attract new customers. And even better, you determine how much it costs you. Remember that offering a bigger reward for referrals will make your customers happier and make them more willing to find those other customers for you.
Think about this as well: Customers can already get an actual cash bonus for referrals to some hosting sites, and often the bonus is worth as much as the hosting account they're referring. Be competitive, just be smart and make sure it's beneficial for you and your customers.