Monday, September 20, 2010

As Seen on TV

langniappe:

[lan-yap, lan-yap]

–noun

1.Chiefly Southern Louisiana and Southeast Texas . a small gift given with a purchase to a customer, by way of compliment or for good measure; bonus.

2.a gratuity or tip.

3.an unexpected or indirect benefit.

In New Orleans, the term that would be used to describe “a little something extra” of this sort is lagniappe, pronounced “LAN-yap.” There is an old custom among merchants in New Orleans to add a small, nearly trivial gift to an order—particularly for large purchases or repeat customers. The word “lagniappe” originally comes from the Quechua word yapay (“to give more”), which led to yapa (“gift”), and then to the American Spanish la ñapa (“the gift”).

There’s a subtle yet powerful principle at work here: the amount or quality of something you actually receive is not as important as how it compares to what you were anticipating. For example, let’s say you see an ad on TV for a salad steamer and think, “Wow, I have to buy this.” When your package arrives in the mail, you discover it contains not just what you ordered, but as a special thank-you gift, a certificate redeemable for a free head of lettuce. Because what you got was more than you thought you paid for, you’re likely to feel happier with your purchase and more favorably disposed toward the merchant. On the other hand, if the merchant had promised “free lettuce with purchase” and you expected a fresh head of lettuce in the box, you might be disappointed and annoyed to find that you have to make an extra trip to the store to get what you paid for. The actual contents of the package is the same in both cases, but your reaction was different because of the expectations you had.

This principle can be a very effective marketing tool if used correctly; it can also, of course, be abused. If you have three products that are all cheaply made and collectively worth $10, how do you sell the set for twice that? Easy: hype up just one of the products and advertise it at the “low, low” price of “only” $20. Then, dramatically, add: “But wait, there’s more!” and mention, , that you’re going to throw in the other two products “absolutely free!” This strategy works surprisingly well, all because the initial step of setting expectations was done so well.

Who knew?

1 comment:

Bob G. said...

MSN:
Don't think that these folks haven't an arsenal of PSYCHOLOGISTS on their payrolls...

Like in REAL ESTATE, we always hear about "location"...
In SALES (such as this) it's all about "location" as well...like which part of the HUMAN MIND is being gratified...ergo MARKETING.

Many times, if people are STROKED the right way, they will nor remember the original intent, slight deceptions, or even cost vs. worth.

Like the vocab lesson...always nice to learn something every day.

Have a great week.