Registration Forms: How to Make Them Irresistible with Discounts
Everyone LOVES to save money or get a deal when making a
purchase - and registering for an event is no different. Use
pricing discounts to give your prospective registrants an
opportunity to save on the registration fee. We're not saying
everybody, every time - pricing discounts are typically based on
timing, volume, or type of registrant.
Early-Birds Get the Discounts You've seen it or at least
heard about it, but are you using one of the most popular and
successful discount hooks - the Early-Bird Special? An early
deadline creates urgency to get the registration done quickly
before the discount expires on the date you set. In our
experience, over 80% of registrants take advantage of early-bird
pricing if the discount is compelling. For example $89 versus
$109 or $389 versus $449.
Be prepared though, inevitably the procrastinators will
call after the deadline making their best plea to get the
Early-Bird pricing. You'll need to determine ahead of time if
you want to be flexible or toe the line when you get these
calls. It's imperative, too, that you send your marketing
materials at least one month in advance of the Early-Bird
deadline to insure that you give people an adequate amount of
lead time to register.
The More the Better
Volume discounts encourage people to promote your event to
others. Offer a reduced fee - typically 10-15% off the full fee
- for group registrations. Or, charge full price for the first
three registrants and throw the fourth registration in for
free.
Membership Has Its Privileges
Varying pricing by registrant type is another another popular
form of discounting. Most common is a member and non-member rate
where non-members pay a higher registration fee. This approach
can also be extended to students, exhibitors or other groups at
your event.
The Golden Rule: Keep it Simple
The easier a discount is to understand, the more likely people
are to take action on them. So keep them simple.