How one word doubled sales…

Written by Richard Baldwyn ATT, CTA
March 10, 2015

I received an email the other day about a great, simple marketing ploy - it may be folklore but I hope it's true.

And it's about shampoo.

The story goes that one of the leading shampoo manufacturers wanted to increase their sales. So they called together their marketing people and asked them for ideas.

All the usual ideas were suggested - rebranding, free offers, discounts etc. And then one bright spark suggested something much more brilliant in its simplicity. And that suggestion was that they add one word to the instructions on the shampoo bottle.

What was that word? "Repeat".

So people started using twice as much shampoo. And sales nearly doubled (let's face it, there'll always be the odd person who won't follow instructions!).

Brilliant.

And the lesson to be learnt?

Well, I think there are three:

First, is there anything simple in your business that your missing? Something so obvious that you'll kick yourself when you realise it.

Second, having heard this story, can you steal from it to improve your business? It's always better to steal than try to be original. I'm sure it was Rosser Reeves (a well known advertiser) who said "Originality is the most dangerous word in the advertiser's lexicon".

Third, it's all about the power of words. And we often forget just how powerful a single word can be.

About the author

Richard Baldwyn ATT CTA

Richard is Co-Founder of The Friendly Accountants and has more than 30 years' experience in tax, including 3 years spent inside HMRC before moving into private practice. He advises individuals and owner-managed businesses on a wide range of UK tax issues, including the tax challenges created by digital platforms and online business models.

Richard has specialised in UK crypto taxation since 2016 and was one of the first UK tax advisers to write publicly about the taxation of cryptoassets. His work includes advising individuals, investors, founders and owner-managed businesses on complex crypto transactions, HMRC disclosures and enquiries, DeFi, NFTs and the tax issues facing businesses operating with digital assets.

He also has first-hand experience of cryptoassets and Web3 projects, combining practical knowledge of how crypto is used with wider UK tax experience.

He particularly enjoys making complex tax transactions easier to understand and helping clients apply tax rules to transactions and technologies that do not always fit neatly within traditional tax categories. More about Richard and the TFA team

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