Are You Using The Shotgun Approach to Advertising?
If the core of your advertising strategy involves city-wide newspaper
ads, radio, city-wide TV ads, billboards, or any combinations of
these, then your advertising is causing alot of collateral damage
to your bottom line. If you subscribe to the philosophy that the more people that see
your ad, the more people you'll attract, then it's time to consider
a smarter way to advertise. I know this first hand - I'm a recovering shotgun advertiser who
finally discovered a smarter way to drive traffic. To be successful advertising, you don't need to reach large numbers
of people. You instead need to reach the right people - the people
who live or work within a 3-5 mile radius of your store and who
are more apt to buy from you. Reaching the right people means focusing in on those most likely to
shop at your store and buy from you. You can do this by: 1) advertising in neighborhood newspapers 2) sending postcard to the zip codes and neighborhoods surrounding
your store 3) advertising on cable TV programs that match your target market
demographics to these same neighborhoods 4) advertising door-to-door using door hangers in the neighborhoods
surrounding your store 5) using any type of advertising medium that zeros in on your
target market Aim for those customers who live and work in close proximity to your
store and you'll find your ad effectiveness not only increase but
your advertising budget sharply reduced. ==============================================================
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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