As people hustle and bustle about trying to get those last minute gift ideas ready before
big day hits, spending is up and sales run rampant, as marketers get ready for that special time of year. Yes, Christmas time is here again, and every marketer drifts off to slumber with thoughts of dollar signs running through their heads. Almost everyone wants to increase their sales, do better than last holiday season, or do some last minute power selling to boost this year’s sales numbers. But what about
shoestring mom and pop companies operating on limited budgets? How are they to compete with
marketing gargantuan and their never-ending deep-flowing coffers of cash? You might not believe it, but there are closer and less expensive means to compete, and you could find that most of
gargantuan don’t even take advantage of them, especially if you offer goods or services limited to a geographical area. Does
Consumer Know your Products or Services can be Classified as a Gift?
So, you lack
large marketing budget for radio and TV commercials, and running additional print ads are out of
budget too, what can you do to increase your sales while getting your company in
minds of
consumer? The first thing I would ask you is if you have changed your ads around to take advantage of
giving approach. It is
season of giving isn’t it? Then how have you changed your ads to reflect
happiness of receiving your goods or services as a gift? Have you even bothered to give
consumer
idea that your goods or services CAN be given as a gift? If you haven’t, then maybe they’ve never thought of giving your goods or services as a gift, or that anyone could even be happy receiving them as a gift either. If
consumer doesn’t perceive your goods or products as a potential “gift”, then you are going to loose out on holiday sales. Around this time of year, most people are in “gift buying” mode. The more you can get your goods or services perceived as a potential “gift”,
better chances you will elevate your sales during this giving season.
Differentiating Yourself from
Competition - Impulse Sales, Up-Sells, Back-End Sales and Other Promotions.
Now you’ve altered your ad copy to reflect your products or services as gifts, what benefits do you offer over your competitors? Almost every business is running some sort of special or discount as an enticement for shoppers to buy. Are you doing
same? At this stage of
seasonal game, anything you can do to set yourself apart from
competition is going to be beneficial to your goals of increased holiday sales. Just don’t be too greedy. Find a happy medium of sales discount that will still provide comparable profit cushion to what you usually enjoy during
normal sales season. Look for creative ways to encourage
impulse sales along with up-sells and back-end sales promotions. Say for instance, you are going to offer a coffee maker in your sales. You could discount coffee and maybe offer free filters with a purchase. Take a close look at how your products or services relate to one another, and then offer freebies and discounts on other products or services that compliment your sales item. All of these areas will help you enjoy increased sales during
holiday season.
Testimonials – Letting Past Customers Tell Others About your Goods or Services.
Do you have customer testimonials about your goods or services? Maybe you have testimonials about your sales or service. These are additional tools to pull out of your marketing arsenal, especially during this time of year. The best ones are
ones that talk about how happy they were when receiving your goods or services as a gift, or how someone felt giving your goods or services as gifts, but any others that show those goods or services in a positive way will work. The non-solicited type of testimonial works
best, but again, any testimonial from a previous customer to show potential customers your goods or services values will work. Keep these testimonials handy for sales presentations, or you can put them out on display in your shop. Always be sure to ask
writer’s permission before showing their written works. Believe it or not, those are copyrighted works owned by your customers. Although any customer suing you over using them is less than likely, it’s always, better to be safe than sorry.
Gaining Consumer Awareness
Economical Way – College Campus Community Boards.
Now that you have your ad copy tweaked, and you’ve planned your up-sells, back-end sales, and impulse buys, what are
economical ways of gaining market share? There are many ways to get creative here. Do you live in an area where there is a local college? Colleges are known for their information boards. You’ll find them around eating areas, campus office areas, and in many dorm areas. This is a no cost way to promote and market your company to
younger crowd looking for gifts on this holiday of gift giving. If you can find ways to convey
value your goods or services can offer to their friends and loved ones and
happiness those friends or loved ones would feel from receiving your products or services as a gift, then you will reap increased sales from that market. You’ll find
gargantuan competition fairly limited in this advertisement medium. It’s a chance for you to target your sales without competing with
deep pockets and over-flowing coffers
gargantuan has.
Grocery Store and Other Community Boards.
What about your local grocery store? EVERYONE has to eat don’t they? Most of them have community boards where they allow you to post index card sized ads. Prepare a few attention getting index cards before you make your normal store run. On your way out of your grocery store, take a few moments to post your ad. If you have more than one grocery store chain in your area, then you might consider spending some additional time visiting
others too. You could justify
time spent by shopping around and doing some price comparisons between
other chains and your favorite store. Not only could you gain increased holiday sales, but you might also find a more economical grocery store for your grocery needs. Be creative, honest, and sincere, and you will enjoy increased sales through your marketing efforts.
However, it doesn’t just stop at grocery stores. Think of
number of places you shop for your needs. How many others have
same type of board available to their customers? Every one of those boards is a potential gold mine for cheap marketing needs. And with all
shopping I’m sure you will be doing this giving season, I’ll bet you’ll find that more places have these boards than what you initially considered. While fulfilling your gift giving requirements, take
time to visit shops you’ve never set foot in. If they don’t have a board, you might get an idea for another marketing type you can apply to your own business. Keep your eyes and mind open. Look at
sales while you shop,
ads, and
displays. Think of
reasoning those marketers used when putting it all together and see if you can’t find new and creative ways to market your own goods or services.