13. Guide to Subscription and Product Discount Offers

With Rakosell's continuous innovation, the all-new Subscription and Product Discount Offers feature is officially launched (find it next to the backend under Subscription Discounts and Product Discounts), bringing more opportunities and fun for creators and users alike. This article will delve into this powerful feature series, helping you understand how to make the most of Subscription and Product Discounts, injecting new energy into your business.

Subscription Discounts: Creating a Unique Discount Experience

1. Custom Discount Codes

   Rakosell allows you to easily customize unique discount codes, enabling your fans to enjoy a distinct discount experience. This not only enhances your brand recognition but also provides an extra sense of superiority to your followers.

2. Select Specific Membership Plans

   You can tailor exclusive discounts for different membership plans, precisely meeting the needs of various users. This differentiated discount strategy can increase the conversion rate of membership plans, encouraging users to upgrade.

3. Discount Modes

Choose between percentage or fixed amount discounts to align with your business model. This flexibility allows you to formulate discount strategies that cater to the needs of different products or services.

1. Discount Nature

Define when the discount takes effect, such as every billing cycle, the first payment, the first month, etc. This provides you with more control to adjust the applicable conditions of the discount, increasing user engagement.

1. Usage Limit for Discount Codes

Set the usage limit for discount codes, creating a sense of urgency for users and promoting quicker purchasing decisions.

Note: Before setting up subscription discounts, make sure to link your payment settings; otherwise, the discount won't take effect!

Product Discounts: Providing More Choices to Boost Purchase Intent

1. Custom Discount Codes

Similar to subscription discounts, you can customize discount codes for specified products or the entire order, breaking down price barriers and guiding users to complete purchases.

1. Specify Membership Plans

Open discounts specifically for certain membership plans, providing more exclusive benefits for loyal fans while encouraging users to upgrade to premium memberships.

1. Applicable to Specific Products or Entire Orders

Set the scope of discounts, whether for individual products or entire orders, offering more choices to satisfy different user needs.

1. Discount Modes

Choose between percentage or fixed amount discounts based on the value and type of products, creating flexible discount strategies to boost user purchasing motivation.

1. Effective Dates

Set the effective dates for the discount, allowing you to control the promotion's time frame more flexibly and enhancing the actual impact of the activity.

Benefits of Subscription/Product Discounts

Through Rakosell's Subscription and Product Discount features, not only do creators gain unique marketing tools, but there are also various benefits, reflected not only in revenue growth but also in building a stable user base and increasing your influence.

1. Increased Conversion Rates:

   • Exclusive discounts for subscribers and buyers stimulate their purchase intentions, thus increasing conversion rates. Specific membership plans and product discounts can precisely meet the needs of different user levels, enhancing purchase motivation.

2. Boost User Loyalty:

   • Continuous and attractive discount activities create trust and satisfaction among users, increasing user loyalty. Loyal users are more likely to become your promotional channels, bringing in more potential users.

3. Creating a Sense of Urgency:

   • The usage limit for subscription discount codes creates a sense of urgency, making users more eager to participate in discount activities. This urgency not only promotes timely purchasing decisions but also injects more interactive elements into the brand's discount activities.

How to Utilize Discounts for Business Growth

Creators can cleverly leverage Rakosell's Subscription and Product Discount features to achieve long-term business growth. Here are some suggestions:

1. Regularly Update Discount Strategies:

   • Continuously update different discount activities to let users feel your dynamism. This can be achieved by regularly changing discount codes, adjusting discount rates, or hosting special-themed promotional events.

2. Marketing and Promotion:

   • Utilize diverse promotion methods such as social media platforms, email marketing, etc., to actively promote discount activities. This not only increases the exposure of activities but also attracts the attention of new users, expanding your user base.

3. Host Limited-Time Offers:

   • Take advantage of special occasions such as holidays, anniversaries, etc., to host limited-time offers, increasing the urgency of promotional activities. This can generate a high level of user participation in a short period, promoting immediate purchasing behavior.

4. Interact with Fans:

   • Use discount activities to interact more with fans, such as hosting online live broadcasts, initiating lottery events, etc. This kind of interaction not only deepens the user's impression of you but also increases the participation in activities.