Walk
Consumer’s JourneySuccessful retailers take consumers on a journey. In
next series of articles I will explain
journey to you giving you examples on how to implement it in your business along
way. But firstly, let me provide
outline to
journey so we are all aware of
process:
Step One - Journey of Discovery
Step Two - Journey of Inspiration
Step Three - Journey of Excitement
Step Four - Journey of Trust
Step One: Journey of Discovery
As retailers we often forget that our customers are passing through our business on an extended journey. Although their visit to your store is a critical part of their journey, it is only a part of
journey.
The first step on their journey is actually
discovery of your business. The majority of potential consumers will discover your business via “interruption” marketing, such as radio commercials, flyers and newspaper adverts. In a typical day, you will be one of up to 3000 businesses aiming to get their message across to a potential customer. As you’d expect,
majority will miss their target as interruption marketing is becoming less and less effective in attracting that new customer.
Placing ‘safe’ adverts in newspapers stating where you are located and this week’s offers just doesn’t work effectively for most businesses these days. If you want to be discovered you cannot afford to play safe anymore. In today’s competitive market it is essential you come up with original ideas to grab new customers’ attention. You have to dare to be different.
How to play unsafe Involve your team as well as
marketing arm of your business to invent ways consumers can discover your business. I use
word invent on purpose. You may have to try something you’ve never tried before. Brainstorming ideas that get you away from
traditional newspaper advert, but are not looked on as a gimmick, are
real key to your success. I would definitely suggest you get a copy of Seth Godin’s book Purple Cow, Portfolio, 2003, ISBN 159184021X.
Consortium Loyalty Programs Kare Anderson, in her new book, Smart Partnering - How to attract and delight more customers while spending less (visit
bookstore on our website to purchase a copy) picks up on a trend I have seen grow around
world in
last twelve months, Consortium Loyalty Programs.
This is where a group of retailers identify they have
same consumer and then jointly promote to attract that consumer to all their businesses. The result is they promote to a larger database, but for a reduced cost per target consumer.
Some retailers are partnering in what at first seems bizarre ways. For example, a Dutch fashion label, 50/50, are partnering with
Salvation Army. The Salvation Army sends specific clothing to
designer who makes this clothing “hip.” The designer then sells
clothing and halves
profit with
Salvation Army.
Toys “R” Us are installing “The Toy Box” in Albertson’s Supermarkets in
USA to see if a joint marketing campaign can extend their market penetration.