To increase the perceived value of a core product, create and bundle several bonus digital items like checklists and templates. These can be generated quickly using AI and appeal to different customer sub-needs, making the overall package feel like an irresistible deal and boosting the conversion rate.
Instead of just a discount, companies like Magic Mind and AG1 boost conversions by bundling 'welcome gifts' like digital products or exclusive merch. This creates a unique, limited-time value that a simple percentage off cannot replicate, effectively sweetening the deal for customers.
E-commerce brands can replace static sales pages with an interactive 'build your own bundle' tool, like Four Sigmatic. As customers add items, they see progress toward unlocking tiered discounts (e.g., 40% off at $99). This gamifies the experience, increases engagement, and drives up average order value.
Introduce a significantly more expensive, highly customized version of your service alongside your main offering. This price anchor makes the actual product you want to sell appear like a fantastic deal, even if it has a high price point, thereby increasing conversion rates.
Free or discount promotions should not alter your core valuable offer. Instead, they act as an attractive wrapper to make it more appealing. This is crucial for entering cold markets, as it gives people a compelling, low-risk reason to engage with your already-strong product or service.
Don't just offer a single product with a price. Turn the buy box into a strategic merchandising area by offering curated bundles (e.g., 1, 3, or 5 packs) that provide better value or convenience. This guided buying experience can significantly increase Average Order Value (AOV).
To sell more of a $300 package instead of a $200 one, introduce a $500 option. Most won't buy the decoy, but its presence shifts the customer's reference point, making the $300 package appear more reasonable and valuable by comparison.
To increase average deal size, introduce a new, much higher-priced package (e.g., $100k) and pitch it as your primary offer. Commit to selling it hard. For clients who object, you can then downsell to your original core offer (now priced at $35k), which appears incredibly reasonable by comparison. This captures whales and boosts conversions on your main offer.
When stacking value in an offer, don't just add random bonuses. Strategically design each bonus to address a specific, predictable customer objection, such as 'I don't have time' or 'This seems too complex.' This transforms value-stacking from a generic tactic into a precise conversion tool.
Instead of offering a standard discount to all abandoning shoppers, AI analyzes individual behavior to determine the precise, minimum percentage off needed to secure the conversion. This maximizes sales while preventing unnecessary margin erosion.
Increase customer spending by analyzing their entire workflow, not just their interaction with your product. Identify products they purchase before using your solution. By offering these yourself (e.g., design templates for a marketing tool), you can increase your "share of wallet" and LTV.