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Metal Pricing Article
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Limited Time and Introductory Offers
from:Many Internet marketers use this sales tactic when they have a new product or service to offer. Maybe they are new to the world of Internet marketing or maybe they are using this tactic to build a sense of urgency. The key is to keep your word so that you will build a reputation for this type of marketing. Then next time you come out with a product that you’re selling for a “rock bottom price” for a limited time, customers will flock to buy it because they know the price will soon rise.
Case in point: six months ago, I signed up for an online course at the “rock bottom price” of $7.99 per month. The course is now selling for $19.95 a month and the price will rise again soon. You can bet that the next time this marketer offers a product at a low, introductory price that I will jump through hoops to get it because I know the price won’t be low for long.
Introductory Offers
This is a good pricing tactic to use when you don’t have a proven track record, although many seasoned Internet marketers use it as well. Offering a product or service at an introductory price lets your customers find out if what you are offering meets their needs without them having to pay full price. Sometimes, introductory offers are as low as $1 for the first month while succeeding months of product or service will cost the customer $20 or more. Since $1 is far easier to part with than $20 or more, this is an excellent sales tactic to use to gain new customers.
Limited Time Offers
Many new and experienced Internet marketers alike use this sales tactic to move product or gain new customers for their service oriented businesses. You may have seen sales letters where the offer is good for 24 hours only or three days only or whatever time frame the marketer has decided upon. Create a sense of urgency with your customers and you’ll realize the profit potential of this marketing tactic.
It’s important that you develop a reputation for pulling the offer when the time frame you specified is up. That doesn’t mean you can no longer promote the product or service. You can, just not at the special price you indicated on the limited time offer. Now is the time for you go to back to selling it at the regular price or you can come up with an entirely different offer.
It may take a while but once you develop an online presence and solid reputation then when you advertise a limited time offer, your customers will realize the sense of urgency involved and will be more inclined to take advantage of what you are offering.
Metal Pricing Specific links
Metal Pricing News
METALS-Copper heads for fourth weekly loss; China hopes support - Reuters
 Moneycontrol.com | METALS-Copper heads for fourth weekly loss; China hopes support Reuters * China physical copper consumption shows signs of improvement * Shanghai copper stocks down for 7th week to 4-month low * LME copper abandons $7414 target - technicals * Coming up: US CFTC commitment of traders, weekly; 1930 GMT (Updates prices) By ... Copper Traders Extend Bearish Streak as Prices Drop: Commodities BASE METALS: Copper Bounces On Lower Prices, Calmer Sentiment Copper recovers from 4-1/2 month low, but seen heavy |
Iron Ore-Spot price fall pauses, sentiment poor - Reuters
 China Daily | Iron Ore-Spot price fall pauses, sentiment poor Reuters * Spot iron ore prices hover around 6-1/2 month lows * China appetite sluggish * Domestic steel prices still near 6-month low (Updates rebar price) SHANGHAI, May 25 (Reuters) - Spot iron ore prices edged marginally higher late this week but still ... Purchasing activity remains slow in Chinese stainless steel market |
Iron Ore-Spot price drops to 6-1/2 mth low, steel weak - Reuters
 CNBC.com | Iron Ore-Spot price drops to 6-1/2 mth low, steel weak Reuters 8 * Appetite for steel remains weak on China slowdown * Rebar hovers near 6-month low (Updates rebar price) SHANGHAI, May 24 (Reuters) - Spot iron ore prices fell to a 6-1/2 month low below $130 a tonne this week, as steel mills in top consumer China ... Analysts say met coal prices to rise, iron ore to drift lower China's Towering Metal Stockpiles Cast Economic Shadow China Commodities and Metal Demand To Ignite in H2 2012 |
In For A Penny: Metal Theft Crimes Cost Consumers And Insurers - Forbes
 Forbes | In For A Penny: Metal Theft Crimes Cost Consumers And Insurers Forbes A key reason for this is that high commodity prices for base metals, such as copper, drive up the cost of penny production. For insurers too, it appears high metal prices have their cost. The National Insurance Crime Bureau (NICB) reports that with ... |
Oil and metals rise after volatility - Financial Times
 Globe and Mail | Oil and metals rise after volatility Financial Times By Emiko Terazono Oil and commodity prices stabilised after volatile trading in previous days, although continuing worries about the eurozone crisis weighed on sentiment. After falling sharply in the past two days as investors unloaded risky assets, ... Base Metals, Oil Down On OECD Comments Commodities markets summary Iran sanctions could hit SMEs hard |