Keep your Business Local

Community Based Marketing and Loyalty Programs for Small Business


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Modern Marketing, an Art and a Science

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Is it alchemy or just hard work? Good Marketing Strategies get Sales, grow Businesses, build Market Share and develop your Brand. The “Art and Science” used to get there is the Magic.

If you want to increase visits to a “bricks and mortar” store or views on a website, the process is the same. By understanding the Target Market and creating strategies they respond to, you can get them to choose products and services offered by your Business. 

The “Art ” is in the Packaging and Promotion of the Product or Service. To effectively create or package products or services for a Market, you need to understand the Problems your customers have and offer a Solution. Successfully promoting the Solution, the Business and the Brand means creating and delivering content they want, including the “offer” to the target audience, where and when they want it.

The “Science” is using facts to understand the Target Market. The best way to do this is to create a customer database. One that includes customer demographics, or at the very least email addresses. Collect this information from contests, promotions or loyalty programs. Use customer data to understand how customers think, including their buying habits. Design the company website, develop newsletters and email promotions, online content and Facebook page, around their interests. 

The “Art and Science” go hand in hand. The “Science” provides the information to create the “Art”. Messages created and delivered using channels selected based on information from data analysis have more impact. They are tailored for the specific consumer. This approach works for online marketing, print advertising and brochures, television, radio, blogs, social media and even figuring out what to display in the “brick and mortar” storefront.

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“Shop Local” Loyalty Strategies

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How can smaller centers compete with the big cities? By developing strategies that encourage residents to shop in their local community. The key to making these types of programs successful is making them flexible enough to work for different types of businesses.

Loyalty Programs are a great way to focus the attention on local businesses. A Coalition Loyalty Program made up of local businesses is a good way to start. Residents collect points and redeem them at other local businesses.

Make it Simple. Signing up for the Program should be quick and easy. Consider getting away from the standard Loyalty Card. There are other ways to do it.

Make it Fun. Use a mobile app to delivers deals and rewards directly to your customers’ smartphone.

Make it easy to Save. A Coalition Program makes it easy to collect and redeem points at different businesses for items customers want.

This type of Community Based Marketing targets customers in your area. It leverages marketing dollars and increases exposure of the businesses that join the Program. Large corporations use these types of programs to increase market share, collect information on customer buying trends to develop marketing campaigns and discounting strategies. Now this type of information is available to small businesses.


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Integrating Social Media into your Online Marketing Strategy

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Every online strategy should include a social media component. Social Media is an effective and inexpensive way to expand your marketing reach. Use it to build credibility, promote products and services, and reward customers.

Your website is great for describing your business, your blog can provide background information on industry trends, products and services. Upload pictures of products and special events onto Pinterest, and distribute information, coupons and promotions on Facebook. There is also Twitter, Foursquare and Instagram, and there will probably be more in the future.

Developing an online strategy and managing the flow of information can be time consuming. There can be a down side to setting up too many accounts on social media platforms. If you have no idea what you are doing, you can actually damage your reputation and your brand. To be effective you need a clear communications strategy and a way to generate and distribute content to the various social media sites. Be sure that you have the time and resources to maintain them. Do not sign up for more than you can support, or get help.

One approach is to start with an editorial calendar. Use it to outline the topics, events and promotions you want to cover and the platforms that you want to distribute them on. Assign the writing duties to various members of your team and manage the distribution. Do not forget to integrate and monitor the data analytics for each platform. This is a great way to measure your audience’s level of interest in your posts.

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A Question of Loyalty

How do weOpen the Door to Loyalty develop loyalty? This question is asked over and over again in businesses around the world. The answer is different in almost all cases. What works for one business does not necessarily work for another business.

One thing is certain, customers want value for money. Value in some cases is the lowest price, in others it is selection and in others it is service. The answer for your business depends on what your target market is looking for. The key to designing a great program is knowing what you want to accomplish and what appeals to your customer base.

There are different approaches to building loyalty. Loyalty Programs range  from simple punch cards to loyalty cards, coupon clubs and gift programs. If you want information about your customers, then you need a Loyalty Program that collects customer demographics and has the required tools to do the analysis. Coupon Clubs are flexible and some allow you to collect data. Punch cards (paper or digital) encourage repeat business. Gift Programs work best in rural communities where businesses want to reach out to a widely distributed customer base.

Loyalty is hard to measure. Customers change their purchasing habits to fit their economic conditions and what they perceive as the best value. So whatever type of Program you choose, it should be flexible enough to meet your customers changing needs.

Let us know about your plans, please join our Poll.

 


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How to use Lessons from Archery to improve our Marketing Campaigns

MP900404836 In archery, mastering the technique gives the preferred result, hitting the target.

Is this what we are trying to do with our Marketing efforts, hit a target? Is the target a sale? If so, then does technique determine the outcome? Does this mean that continually improving our technique will yield better results. What does this look like?

As a business learns more and more about its target market, it improves the likelihood that it provides the products and services its customers want. This information can also be used to develop better ways to promote the business. It is also vital for developing marketing campaigns that get information to potential customers where and when there is the highest probability of making sales.

Fortunately today results of each campaign can be measured using analytics to track things such as coupon redemption rates, and “click-through” and conversion rates for each post, email campaign and call-to-action. This is way we understand what works and what does not. It is a continuous process, as we identify the type of content that gets the most results, we can then customize the message for the audience.

This type of systematic approach to Marketing gets Sales. Just like the arrow hitting the target, this is the improvement process that yields results.

Reaching your target market is often challenging. Get a copy of our free eBook, ” A Primer on Community Based Marketing”,  to get information about Community Based Marketing Programs. “Like us” on Facebook to access even more resources.


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The New Normal combining Sales Collateral with Social Media

WWW on GlobeI just went through a pile of post cards and flyers I picked up from the mail. Most were from small local businesses. The interesting thing was, they all included their website or invited recipients to “like” them on Facebook. This seems to be the new normal.

To quote, Josh Mendelson, Vice President, CHADWICK MARTIN BAILEY, “While social media is not the silver bullet that some pundits claim it to be, it is an extremely important & relatively low-cost touch point that has a direct impact on sales & positive word of mouth”.

Social Media is one of the most effective means of communicating with customers, offering promotions, brand building and collecting customer feed back. It is an excellent way to get more out of your marketing dollars. Most of them are free to join. The most important thing is to use them effectively.

There has been a shift in the way we consume information. A website is just the beginning, an effective online strategy should include Facebook, Business Blogging and Twitter. Most of us, when we have a requirement use Google or Facebook to find out about it. Information about the product or service, the company that supplies it, what our friends think about it, and how to purchase it.

The key to success in this digital world is to be where your customers are and to provide information where and when they want it. This is the new normal in Marketing for Small Business.


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Your Website, your Storefront

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Remember that “Your Website is your Storefront Display”.

This is often forgotten during the design process. A company’s website is usually the first impression potential customers have of a business. It should communicate a clear message that supports the brand, in simple terms, what your business is about.

There are several things that you need to know as part of the design process. To start with, determine who is the target market, how you will reach them, then develop the message to be communicated.This message should be the basis for all other online posts.

Many small bricks and mortar businesses struggle with this. They do not understand how to translate their vision of the business into an online presence. The important thing to do is to distill the essence of why you are in business, how you solve your customers’ problems and how you are different from the competition.