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torsdag den 12. juni 2014

Building Brand Awareness


How a small retailer is building Brand Awareness


Brand Awareness is your business’ identity. A high brand awareness does not guarantee that the consumer will prefer your business over another, but without a distinct and well-known identity, your business won't even be in the running. You have to create a memorable brand through marketing and ad strategies, more people will get to know your business — and you will see increased sales and even better - repeat business.
Brand awareness is essential not only because it brings customers to your business for the first time, it encourages them to keep coming back. People like to buy from names they trust and that they can identify with; when your logo and tagline are easy for them to remember, your brand comes to symbolize your company and it’s the first thing to come to the consumer’s mind when they’re ready to buy.

Below is an illustration of The Marketing Funnel, which clearly displays that Brand Awareness is the first step in attaining customers, customers who might become loyal or even Brand Advocates.
Here is how (tactics) a little independent retailer is building Brand Awareness with little or no budget


I have been consulting a small independent wine store, and in the below texts, I will reveal the simple tactics we have used to grow this business.


1) Great Products


You need products that your customers want to buy and a product range that will satisfy your customers’ needs and desires. The products must also deliver a profit for you to have a successful business.


How: The business owner is importing wines from wineries in France, Italy and Spain. Each winery has a unique story, the common element in this case is; that all wineries are small, they all make wine like they think it should be made, and not dictated by market demand.


2) Superior Customer Service


Real customer service is not about offering tons of sales or monthly specials—a decent salesperson can sell anything to anyone one time. But to encourage customers to come back to you again and again, there has to be more to your customer service plan. Building relationships is the key.


Pay attention to your customers’ feedback. It may be tiresome to hear about all the things your business is doing wrong, but listening to what your customers need is crucial to improving their experience.


Having adequately trained employees is essential, as well. Each employee should be thoroughly instructed in the principles of good customer service and how they relate to your business model. Empower your employees by giving them permission to make minor customer-pleasing decisions without having to consult a manager.


Do more than is necessary. Help employees to lead customers to the products they’re inquiring about, not just simply handing them a leaflet. Give employees the tools and encouragement they need to answer customers’ questions, offer instruction or advice on using products, interact with customers in a positive way or go the extra mile whenever possible.


How: Lots of people knows about wine, in this store will you get a very professional story and instruction about the wine and use. Additionally will the staff help you load your car, deliver for free.


3) Logo design


Your company logo is your company’s face to the world. It is one of the first things someone will see before and during the visit to your store. A unique logo is one of the main ways people remember your company. It should link your website with your marketing materials. It should give those who see it a feeling for what your company does just by looking at it. It should give people a sense of trust to buy from your company.
If your you just started your business, I strongly advise you to have your logo designed by a professional graphic designer.
How: When the business was founded were a very simple logo designed by the owner. This has now been undated by a professional designer, at a very reasonable price.


4) Location and Storefront


Location, location, location. History has dictated that this is one of the most important factors in the success of a physical store, and still to this day it will have a major impact on your success. Maybe you can not afford a premium location, but consider these elements before choosing a location:


  • Demographics
  • Competition
  • Traffic Patterns and accessibility
  • Merchant Associations


Additionally should ensure your storefront is looking good. The outside of your business is what the customer will see first, so it makes sense to focus on exterior improvements before making interior improvements.


An attractive storefront should be well-lit during the evenings, and should be clean, simple, but modern. All exterior wordage should be easy to read to passersby. Windows should be kept clean at all times, and burned-out light bulbs should be changed immediately. Sometimes all that is needed to boost sales is a storefront makeover.


How: the biggest asset with this particular location comes down to traffic patterns and price. This is a very inexpensive location, but on a street with much traffic and easy access parking.


5) Build a Mailing List


Ask for your customers names and email adresses to build your own mailing list. Send email to your customers is a very powerful tool and probably the best way to build an engaged audience, generate traffic, sell a product online or create hype around your next big event


How: Keep a sign-up list on your counter and remember to ask all customers to sign-up. Inform them about what you do, and how signing-up will be good for the. Like VIP invites to luxury wine tastings and great promotions.


6) Build a Website


If you do not have a website, make sure to get one fast - and have it made responsive to mobile and tablets. A website is not just a brochure it is your part of your branding strategy. Think of your site as a sales person that works for your business year round, never messes up a sales pitch, and communicates effectively with otherwise unknown clients


How: This business had an awful website, which did not at all match the impression you would have from visiting the showroom - it would confuse you and make you doubt the business. The new site matches the experience, it it light and easy to navigate. Now to the business gets much more business from other cities, and brand ambassadors is spreading their experiences with their network.


7) Get a Facebook Account


By now should it be clear to everybody, that social media is here to stay, at least for the foreseeable future. As a small business owner, do you have a great opportunity, when you use social networking sites effectively promote your businesses in powerful ways.


Facebook pages are excellent places to gather together your customers, prospects and fans to provide reviews, share opinions, voice concerns and offer feedback. You can build a community on your Facebook page in a number of ways, including:
  • Posting useful, relevant and interesting links
  • Asking fans to contribute with comments
  • Organizing contests and promotions
  • Providing a place to leave reviews and other feedback
  • Offering incentives for activity on the page
Additionally is a facebook page good for SEO and several other good things…
How: facebook is great for small business, because you communicate directly with your customers and can give the quality advice, like no other. Further can you get your “brand advocates” to share your postings to their network.
8) Host events (wine tastings)


Hosting an event is a great opportunity for your business to gain exposure, especially to local potential customers. People attend events, because they are interested in the event itself. This is especially true if they have to pay a fee to participate. Surprisingly, paying for attendance does not deter people. In some cases, a paid event has an air of exclusivity, as if the activities and workshops are premium experiences that they would not be able to get for free. Guests who are willing to pay the price to attend an event often anticipate that their experience will be valuable or, at the very least, they are interested and curious about what you have to offer.


How: Hosting wine tastings is now an essential part of the business and being carried out quite often. The is several great thing about these events; You have people attention for a long period of time to leave a solid brand impression, additionally is this a good window to sell featured products. This business sends invites per email, informing about the event, asking them to bring a friends, spouse, co-worker…  this spreads fast, now are companies and groups booking tastings.


9) Public Relations


Small business can really benefits from good public relations. To have good public relations does not mean you need to hire an expensive PR firm. To develop a plan, think about your audience. This includes more than just customers. Additional members of your audience may be local media or employees. Use these additional resources to communicate your message.


PR is more than writing a press release. In today's public relations field, professionals utilize more than the traditional press release. PR professionals commonly use facebook and similar to convey their message to the public. Social media is changing the public relations industry as it allows businesses to communicate with a larger community. Instead of sending a message to just your local audience, businesses can now communicate globally. As the scope of public relations increases, professionals need to adapt and take advantage of new avenues to communicate with the public.




How: This business is reaching out to the local media. It participates in the papers wine tastings and it writes press release about the growth, new vendors and similar.


10) Guerrilla Tactics


Guerrilla marketing works outside of the mainstream, making a disruptive impression that gets a brand or business noticed, and in an extended period of economic downturn, that gets even more important. That’s why guerrilla marketing is more relevant than ever- finding a cost-effective way to stand out from the crowd is what guerrilla is all about.
How: This store is to date used one simple and old school tactic with great success. They are having some kids distributing / placing flyers with coupons in windshields in cars parked in a relevant location to the store. The output is a combination awareness and the immediate effect of redeeming the coupon, which translates into trial and sales.

onsdag den 21. august 2013

5 step guide to Partner Advertising

If you want to elevate and grow your business, you should consider partner advertising. This type of advertising is quite simple and you with relative little work get started and best of everything, very inexpensive. Below will you find a 5 step guide to get started and some real life examples for inspiration?

  1. Find out which values your business represents.
    • Who are your customers? (Which demographic profile do they have and where to they live)  
    • Why do customers shop with you?
    • Why do they like about your product?
If you do not know this already, you should ask your customers. There are some simple yet great free survey tools, which can use to learn about what other people think of your business.
  1. Start scouting for potential companies, you should look for companies which shares your:
    • Brand values
    • Customer target group
    • Strategic targets
Say you are the lucky owner of a furniture store; you should probably look for businesses that are in the interior business. Such related businesses could sell paint, kitchens, lighting, flooring or maybe interior design consultants.
  1. Consider how this company, can help your business and how to can help them. You need to think of this as a two-way deal, it has to work for both of you. You are in the market to increase your turnover, by getting more traffic and / or increasing basket size. There is a number of activities to consider, below is some examples:
    • Create a referral program
    • Use each other mailing lists
    • Is co-branding an option
    • Advertise a free sample
    • Advertise the experience / consultancy of the other business
    • Consider an in-shop display


  1. Before you approach another company, work on your pitch, practice your story. You can use the below point, when you work on your pitch.
    • Prepare a one-pager summary of the concept
    • Highlight this can be done with no budget or a shoe string budget
    • Do not oversell this. It will not grow the turnover from 100 to 100.000.000
    • Be fact based. Share insight about your company, like displaying who your customers are to show how the two businesses match each other.
    • Respect a concept like this takes time to implement and probably a couple of swings before perfected.
    • Accept you are not the smartest guy in the room, be humble yet confident.


  1. When you meet, ensure you act professional through the entire meeting, not just during the pitch. Show your passion.
Which partner advertising tactics to use?
When you have decided on partner marketing, is there a number of tactics you can choose from. Below are there a few examples of what these tactics are and how they work:
Referral program
The good old word of mouth method is still valid and fantastic. In a world where you as an individual are exposed to thousands of marketing impressions each day, do you as a marketer have to be very good to make your impressions last with your targets?
A good method is establishing referral program, where you lead your customers to your partners business and the other way around. It is simplest format do you simply advise your customer to go to that particular business.
You can decide with your partner how you compensate each other, do you charge back per customer or do simply trade leads.
Mailing lists
Do you have a mailing list? If not you should get one. When you have what you can discuss with your partner how you can benefit from utilizing each other’s list.
I will advise you to advertise your marketing partners products in you newsletter, write a positive recommendation about the product. Hopefully is your newsletter digital, if not get it fixed, then you can lead traffic directly into your partners website or e-shop. Or maybe you advertise the customer can pick-up a coupon or sample at your store? There is a lot of option, consider what is best for your business.
Co-branding
This format is often used by major companies where they partner up and combine their brands to create a very attractive product. So is this solely for major brands? Nope!
Get some inspiration from my local McDonalds, they partner up with the local sport team. This means on game day all McDonalds is wearing the team jersey, moreover can you purchase a meal, where McDonalds donates an amount to the sports team as a sponsorship.
This is cleaver, because both McDonalds and the sports team benefit from this. McDonalds wins on the image part, where they cultivate their local offset, get awareness and visibility in the arena. The sports team gets a sponsorship (cash), awareness and publicity.
If you translate this to your business, you can maybe probably go very local with this. Engage with a local soccer or hockey team, market one of your products as a “hockey team product” and donate a x to the team and wear jerseys in your store and let the hockey team advertise your product in the media channels (email, newsletter, arena)
What happens if you cross two channels? Say you are a florist and you partner up with a local sports team or charity.
  1. Brand a bouquet of flowers with the colors of the sports team or charity
  2. Each party promote the product in the email channel
  3. You get awareness and trial
  4. You donate an agreed portion of your turnover to the team or charity
  5. You or the charity agree on a press release which the team or charity submits to the local media

I have no doubt, that this works. You get more customers to your store with very little cost. Your biggest investment is time!