Tough Times Call For Smarter Marketing
In the current economic downturn, you have two choices: 1) Cut your overhead and expenses as much as possible, hunker down
and hope to ride out the storm until something or someone changes
things for the better. 2) Take charge and make measured and calculated moves to insure
that you have enough store traffic to not only survive but turn
a profit. If you're like me, taking charge and making smart moves is by far
the better option. Every marketing and advertising step you take needs to have a laser-
like focus on your target market. No image ads, no paying to reach
people who aren't likely to come to your store. So what are some smart marketing moves you can make? 1) Email or direct mail postcards to your customer list 2) Direct mail postcards to the neighborhoods or zip codes within
a 3-5 mile radius of your store 3) Get the most out of your free Google and Yahoo search listing by
making sure you have included relevant information about your store 4) Improve your store's visibility through a-frame signs, walking
billboards, vehicle wraps 5) Only run newspaper ads in local editions of newspapers that reach
your target market 6) Run TV ads that only reach your customer demographics in the
neighborhoods and zip codes surrounding your store 7) Partner with other businesses in your area and market to each
other's customer list 8) Partner with charities in your target market and promote to their
member list in exchange for a donation of a percentage of sales These are several low cost ways you can acquire new customers and
get your repeats to buy from you again. ==============================================================
Every Tuesday we send out a FREE Retail Profit Tip to those who have registered to receive our FREE newsletter. If you have not registered yet, you'll want to do so that you don't miss out on this great free content. This email newsletter is brief and on topic - we know that you're busy and don't have time to waste. In it we discuss:
- Low cost retail marketing strategies
- Easy to implement ways to increase your sales
- Proven ways to cut your overhead
- First hand insight into running a profitable retail business
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