Below I’ve tackled questions about altruistic marketing that arise in special situations commonly faced by health and wellness businesses:
1) Are you considering a freebie for currently-unemployed people?
We usually see two issues here.
First, the “one and done” scenario. You offer a free massage. It’s nice while they’re receiving it – but 24 hours later they’ve probably forgotten it. Yes, it’s altruistic and a nice gesture – but you probably won’t get any of the near-term and long-term business benefits we listed in the article.
Second, the “overwhelming response” scenario. You offer a really nice freebie. LOTS of people take you up on it, with negative consequences for your business.
It’s much harder to fix this problem once it develops without making people mad, so avoid it by putting boundaries around what you decide to offer, as we described in the article.
2) Are potential customers fearful of losing their jobs?
If so, protection features (like the suit rebate mentioned in the Altruistic Marketing article, or Auto Nation’s offer to make car payments) can prompt your customer to go ahead and buy.
3) Are potential buyers fearful of making a long-term commitment?
We see this issue most commonly with annual membership plans at health clubs, medical fitness centers, and wellness centers.
You might offer to cover a couple of months of free or heavily discounted membership in the event of job loss followed by a no-fault/no-fee cancellation policy if they still haven’t found a new position within, say, 60 – 120 days.
It can also be an issue for events where advance registration is required, like a conference or multi-day workshop.
In that situation, you might consider some kind of partial or full registration fee or travel rebate for attendees who lose jobs between now and the scheduled event.
4) Are potential buyers fearful of paying upfront for services they’ll receive over several months?
We see this issue for smaller purchases like punch cards for group fitness and yoga classes or replenishment subscriptions for nutritional supplements and specialty food products.
A rebate in the event of job loss is one approach to restore confidence in your potential buyer. Allowing penalty-free returns (if allowed by public health codes in your state) is another option. You might also consider letting them keep the product, and refunding a pro-rata amount of the purchase price. Require some documentation of the change in their employment status so your generous gesture isn’t abused.
Other ideas or questions?
Post ‘em below (we’ll keep your email address private).