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How to Write Blockbuster Sales Letters

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higher interest rate. Or if there’s a 0% interest rate offered, it’s an<br />

introduc<strong>to</strong>ry interest rate and will soon go up <strong>to</strong> ordinary levels, or<br />

possibly extraordinary levels.<br />

You’ll sometimes see 0% financing for offers by au<strong>to</strong> dealers. This<br />

is an eye-catcher, but just understand that the cost of offering a 0%<br />

interest rate must be captured somewhere else: higher price for the car,<br />

bigger down payment requirement. But these can be effective offers,<br />

mostly because they are eye-catching.<br />

Pre-approved<br />

This is another staple of credit card marketing. What the marketer is<br />

telling us is that there will be no hard work involved in getting this<br />

card—no pain-in-the neck application <strong>to</strong> fill out. Just tell us you want<br />

the card and we’ll send it <strong>to</strong> you.<br />

This approach is also taken by retailers who offer special s<strong>to</strong>re<br />

credit cards that are good only in that s<strong>to</strong>re.<br />

Mail-in rebate<br />

The mail-in cash rebate offer allows the marketer <strong>to</strong> hype a lower<br />

price, a tactic that is often used by sellers of computers, software,<br />

televisions, and electronics equipment. The ad will hype the price of<br />

the computer as “$850 after your $100 mail-in cash rebate.”<br />

Notice the tiny print.<br />

So you still have <strong>to</strong> pay $950 for the computer, and then jump over<br />

all kinds of hurdles and wait for weeks or even months for your $100<br />

<strong>to</strong> be refunded. Many of these companies make it so difficult <strong>to</strong> get the<br />

cash rebate that buyers just give up. You have <strong>to</strong> mail in your receipt<br />

(the original, not a copy), cut the bar code off the car<strong>to</strong>n, find the serial<br />

number of the product, write the name and address of the s<strong>to</strong>re where<br />

you bought the product, list the name of the salesman, and then wait<br />

eight weeks. You will then likely get a notice telling you no rebate is<br />

coming because you missed some step. You then have no chance of<br />

fixing the problem because you’ve already sent them your original<br />

receipt and bar code from the car<strong>to</strong>n.<br />

I’m not a fan of the rebate tactic because most often it’s a lie. The<br />

price hyped in the ad is really not the price.<br />

...<strong>Blockbuster</strong> <strong>Sales</strong> <strong>Letters</strong> 39

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