The 20% coupon isn’t much different than most retailers. What was different with this one was the call to action: The Sooner You Use it the More it’s Worth! By using the coupon right away you save 20%, but if you wait it’s only worth 10% later. I think that approach is creative for a couple of reasons.
First, the ad incorporates the compare and contrast phenomenon. Most things only have value, or make sense in relation to other things. For example, if I offer you $20 you’re probably pretty happy. But, I’m willing to bet if I offer you $10, then change my mind and give you $20 instead, you’re much happier than having been offered $20 straight up. Why? Simple, now my offer is twice as much as you originally thought you were going to get. If you don’t believe me try it with a few people sometime and see how they react.
The second element of the ad that works well is how it incorporates scarcity. If you don’t use the mailer now it’s only worth half as much later. On the back of the mailer you would have seen the recipient had four full weeks to save 20% on one item, then four more weeks to save 10% on a single item. Something about that seems more motivating to me than a straight up use it or lose it approach.
Pay attention as the Christmas ad bombardment begins. Not only will you see scarcity applied, you’ll see consensus too. After all, if everyone is buying a certain gift you’re kids will probably want that same item too. But if you don’t hurry you might just miss that golden opportunity so get it soon for your kid’s sake! Seriously, there may be great deals and some items might truly be limited but with your eyes open to how retailers are trying to motivate you at least you can pause, think and make the best decision, instead of an impulsive one.
Helping You Learn to Hear “Yes”.