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5 Tips on Marketing Your Business to Millennials

StrategyDriven Marketing and Sales Article |Millennials|5 Tips on Marketing Your Business to MillennialsMillennials. It’s a generation that is coming of age and changing the way businesses market themselves. They make up nearly 25% of the US population and over 20% of consumer discretionary purchases. As Millennials become America’s largest generation and begin to play a greater role in the economy, you need to evolve your marketing strategy so that your business appeals to these 20-40-year-olds. Here are 5 tips to market your business to Millennials.

1. Use Social

Nearly 80% of Millennials use social media. While Facebook is the largest platform, they also spend their time on YouTube, Snapchat, Instagram, Twitter, and LinkedIn. Having a presence on social media is important as it plays a massive role in developing your brand image and cultivating trust amongst Millennials. With attention being divided across platforms, it is important to diversify your social strategy and maintain a presence on each of the different platforms. However, in order for your social strategy to be effective, you need to regularly post and interact with your followers.

2. Have a Conversation

The Baby Boomer generation embraced the hard sell. Millennials, on the other hand, are cut from a different cloth. This growing generation wants to have a conversation with a brand. Having a genuine conversation and social interaction with your customers online helps foster a feeling of trust that can make them more likely to make a purchase with your brand and increases the chances of them becoming brand loyal.

3. Focus on Mobile

Let’s face it. You need to be where your customers are. When it comes to Millennials that means you need to be online (and on mobile). In 2018, Millennials made nearly 40% of their total purchases using their mobile devices, and this is only forecasted to grow in the coming years. If your online presence doesn’t work well on mobile devices, you are missing out on these potential sales.

4. Embrace Video

As a marketing tool, video is more engaging and more memorable. Therefore, it is no surprise that it is growing in popularity amongst Millennials and is being incorporated into social platforms at breakneck speed. Video marketing can increase brand awareness more than 50%, making video a key part of any marketing plan targeting Millennials. A business can embrace video in many ways including doing Live streams on Instagram or Facebook, creating and maintaining a YouTube channel, webinars, product videos on their website, tutorials on their social feeds and website on how to use a product, etc.

5. Encourage User-Generated Content

The holy grail of traditional marketing is word of mouth. When it comes to marketing towards Millennials the new word of mouth is user-generated content (UGC). This means that users are actually creating the content that markets your business. UGC puts your customers front and center and highlights the fact that your brand is open to having a conversation rather than just another sale. Another benefit of UGC is that is stands as social proof that your business offers quality products and services. Millennials are less trusting of ads generated directly by businesses than older generations. When this reassurance comes from the mouth of a peer, Millennials are more likely to develop trust in your brand. UGC can come from posts on your wall, using a #hashtag with your brand name, tagging your business in a post on their own feeds, etc.

Take Everything You Think You Know About Marketing & Re-evaluate

While the backbone of marketing is still relatively the same, the nuances that make a marketing plan successful need to be carefully re-evaluated to make sure that it appeals to Millennials. One of the great things about marketing to Millennials is that content can often be repurposed across platforms, targeting an even greater number of potential customers. One business that has been successful at this is the website Marble.com, who has created video content on some of the top topics homeowners have when deciding on a new countertop. This video content is posted on their YouTube channel, embedded on their own site, shared with their Facebook fans, and posted for their fans on Instagram. Allowing them to get more reach with their video content and meet their customers where they are. So when you are ready to revamp your marketing to target Millennials, keep these tips in mind so that you can have a greater return on your efforts.

3 Best Ways to Create an Effective Digital Marketing Strategy in Singapore

StrategyDriven Marketing and Sales Article |Digital Marketing| 3 Best Ways to Create an Effective Digital Marketing Strategy in SingaporeAnytime you think about making a website, the first thing that comes to your mind is how to get to the top of search engines. Similarly, you would like to engage elements that are capable of promoting your enterprise and reverberate well with potential clients. That is where you need to apply the best strategies for digital marketing in Singapore so that you can improve your online presence.

This is exactly what a well-designed digital marketing approach can achieve for you. However, it is advisable to delve into and learn the various methods you can utilize in your digital marketing so as to be able to manage it efficiently.

Look forward to the needs of the audience

See, in your mind you have the target audience. Their needs should to be on top of your mind. But the most important part is to first comprehend who you want to concentrate on reaching when it comes to promoting your services or products. Simply, anticipate for their needs and you will set to better design your marketing approach.

Nonetheless, make sure to create honest and considerate content usually with an authentic voice. With that you are certain that your message gets to the right individuals. In turn, they will give a positive response in an approach that is promising to your efforts.

Utilize social media

One of the most effective and promising ways to reach and interact with your target your audience is via social media. Here, you are simply required to figure out which social media platforms are mostly used by your audience. Once you determine that, you are free to focus your efforts on those two or three platforms and you will be sure that your online ad spend will have great returns.

However, you should try to manage so many pages. This will continuously eat into your efforts of performing other crucial aspects of your website. It is recommended that you check page interaction statistics at least once in a day so that you do not waste most of your time there.

Low-cost strategies

This is for those who are just starting out or have minimal resources to manage their website. See, if you are in this position, you do not have to worry. Simply make use of digital marketing methods that are affordable yet effective.

Work on a budget that is favorable for you. As time goes by, your profits will skyrocket. At that time, you will be able to adjust your digital marketing budget and include in-depth approaches to your present strategies.

However, it is advisable to keep evaluating your current methods. Make sure you track the search engine metrics so that you are certain that your SEO approaches are effective.

Bottom Line

Digital marketing is one of the aspects you cannot underestimate since it plays the most significant role in the success of your online business. However, to create an effective digital marketing strategy you need to look into the special needs of your target audience, make use of social media to reach your audience, and finally utilize low-cost methods but you can later adjust when things get better.

Getting More People To Your Store

StrategyDriven Marketing and Sales Article |Advertising|Getting More People To Your StoreNo matter whether you own a clothing shop or an estate agency, your customers are everything and you need to do all within your capability and your budget to attract them to your store. There are lots of different methods of advertising that you can utilise. However, when it comes to advertising directly from your store, there is nothing quite as effective as an LED window display. This is the type of advertising that is going to stop people in their tracks and make them want to come inside to see what you have got to offer. Taking that into account, continue reading to discover further information regarding the wonders LED window displays can do for your store, no matter what type of business you have.

You’re going to turn plenty of heads with LED signs

There is only one place to begin and this is with the fact that you have the most effective and eye-catching method of displaying any business promotions you currently have running. Do you have a sale going on in-store? Are you offering any special deals? By showcasing these offers in a stunning LED window display you are assured to attract way more customers to your store than you would have without it. After all, how else would you alert people that pass by your shop to the deal? This is particularly beneficial for businesses that are located in busy town centres and such like. Aside from this, don’t ignore the LED aspect. This type of display will create a much greater level of attention when contrasted with standard posters and such like. Because of this, you can be sure you are getting the most from your in-store marketing.

You’re advertising to people that are directly outside of your store

Boost your sales by attracting everyone that passes by your shop. Online marketing, newspaper adverts, leaflets and such like are great, but they require people to make the effort to get up and go to your store. When it comes to LED window displays, you are attracting those that are already outside of your shop. Perhaps they are doing their grocery shopping at a neighbouring supermarket or maybe they are picking up some items from the electrical store next door, whatever the reason may be – you can appeal to everyone that passes by. You can then turn someone into a customer who may have possibly never even visited your store if they hadn’t seen the display. There is no quicker form of advertising in terms of seeing the display and making a sale. The impact is instantly felt, which is why an LED window display is one of the most powerful forms of marketing.

Boost your brand image effectively

LED window displays also offer an excellent way of enhancing your corporate image. You can effectively communicate your brand message via the different beautiful window displays. Nothing makes an impact as stylish and striking as eye-catching artwork combined with the professional LED. Don’t ignore how pivotal this is. After all, brand identity is of imperative importance. This is what is going to make you stand out from your competition. It can be the difference between customers remembering your business and the other similar companies in the same location, which is of course exactly what you want.

Change up your window display as and when you need to

You should also consider the fact that you can easily change your window display as and when suits your requirements. One week you may have a sale running, the next week you may wish to inform people that you have got new items in stock. The same goes for estate agencies, which need to change the properties they display in their shop windows. It is extremely difficult to do this with other forms of advertising. You can’t change a newspaper advert or a brochure once it has been printed. You can’t alter a PPC advert online once it is placed out there. The only thing you can do is create a new online or print advert. Not only is this inconvenient, but it is costly as well, and thus an ineffective approach to take. You don’t need to worry about this with LED window displays, which is why you can reap the maximum rewards from your display.

Look for unique ways to get people to your business with LED signs

You should use your LED displays to combine with other elements of your business. For example, have you thought about hiring an ATM for your business? You will attract more people to your company, as they will come to withdraw money and they could then end up making a purchase. ATM rentals have had great success at companies all over the world, so it is definitely something worth looking into. You can then use the LED sign to advertise that you have cash withdrawals at your establishment.

All things considered, when you digest everything that has been discussed in this blog post, it is not difficult to see why it is advisable to invest in LED window displays. This form of advertising can do wonders for your business by attracting a greater level of customers and essentially enhancing your profit levels by a significant degree. It does not matter what type of store you run, these are the sorts of benefits that can be felt by all.

Are Trade Shows Still Worth Your Time?

StrategyDriven Marketing and Sales Article |Trade Shows|Are Trade Shows Still Worth Your Time?Most small businesses today focus their marketing and networking online. They sell themselves online with a website and social media profiles. But they also find new suppliers and connections online. This has countless advantages, mainly that it makes launching a business a much more accessible prospect and it allows you to reach a wide audience quickly. But, with so much of today’s business done from behind a computer screen, face to face contact is limited.

Trade shows run all over the world, all of the time. Some shows focus on different industries, products, and niches. They appeal to different people. Some attract members of the public, others industry professionals only. Unfortunately, many small business owners are neglecting these fabulous opportunities in favor of online development. This can be a massive mistake, and taking part in trade shows can still be an exceptionally valuable way to use your time.

A Chance to Make a Personal Connection

People trust people. If someone tells us something face to face, we’ll believe it more than we would if we read the same thing online, where it would be surrounded by fake news and unreliable opinion. It’s easier to trust the word of a person when you can look into their eyes and read their body language when they say it.

That’s why personal contact will always be valuable and worthwhile in business. Getting out there at trade shows gives you a chance to meet people face to face. To tell them about your business and answer their questions. It’s also a chance to provide them with materials to take away. Tangible things that they can touch, and come back to, which will make a much bigger impression than something that they can scroll past online.

A Better First Impression

It’s thought that in person we have around seven seconds to make a first impression when we meet someone for the first time. Online, it’s much less. If you don’t immediately impress someone with your social media update or advert, they will scroll right past. If your website doesn’t load instantly, they will look elsewhere.

A trade show gives you several chances to make that all important first impression. People might see your stand from across the room and walk over. Then, you get an opportunity to sell yourself in person. You even get another chance if you give them something to take home, or they see your team later in the day.

StrategyDriven Marketing and Sales Article |Trade Shows|Are Trade Shows Still Worth Your Time?Time to Be Bold and Stand Out

Your stand at a trade show offers you a great way to attract a crowd and bring people in. By using your space to its best, you can really draw in a crowd and get noticed in a way that you might not among millions of other websites online.

Add x-stand banners, posters and props to your stand. Make sure if you sell a product, you’ve got it with you. Make sure your visitors can see any freebies or promotional materials without having to ask or search. When it comes to getting your stand just right, it’s often a good idea to keep things quite simple, with plenty of white space so that your products or informational materials can do the talking. But, using splashes of color, making the most of the height that you’ve got to work with and adding welcoming props, like plants and flowers can all help you to get noticed.

Remember, your stand isn’t the only thing that you’ve got going for you. Choose the team members that you take very carefully. You want knowledgeable people, but also charismatic people that are happy to talk to strangers and get stuck into a crowd. You want chatty people that get the point across well. The kind of people that sell well and are remembered afterward. Then, kit them out in promotional uniforms that stand out and set them apart.

Use Digital Marketing to Boost Trade Show Performance

Of course, nothing is stopping you teaming your digital media efforts with your trade show appearance for maximum benefit. Start a countdown to your attendance online. Use a hashtag and offer freebies to anyone that can prove they follow you online. Encourage your visitors to share pictures, videos, and updates on social media throughout the day and do the same yourself. Keep things fresh and exciting by sharing as much as you can on the day, and release previews of what you’ll be offering beforehand to create a buzz and peak interest. The two can work together remarkably well if you make the most of the tools at your disposal.

The Opportunity to Offer Extra

A trade show is your chance to come up with some great freebies that will get you remembered. Stationary, badges, notepads, tote bags and other branded materials often work well. Branded sweets and other accessories can also be fun. Try to make sure whatever you offer is in keeping with your brand message, and give everyone a cool tote to carry their freebies, for a bit of easy advertising.

A Great Networking Experience

Trade shows aren’t just a way for you to meet potential customers, give them information and sell your stuff. It’s also a fantastic networking opportunity. You’ll meet other people in your industry and get a chance to see what they are doing well, and what isn’t working. You might meet new suppliers and other people that can help your business to grow. Or you might just make new friends that become part of your support network.

Fantastic Experience for Your Team

As a small business, you might have a relatively small team with little experience. They might not have been to shows before, and their experience with the public might be limited. Taking them to a trade show can give them a great experience. It can help to boost their confidence, improve their knowledge of your company and their skills at selling it, and give them a chance to see how other businesses are doing things. It can be valuable training for your team, which could help them both now and in the future.

Understanding Marketing Jargon To Improve Your Business

Most people don’t set out to start a business without hoping that it’s going to last. However, the mystery can be in trying to figure out the formula that will ensure your business doesn’t crash and burn within the first few years. The reality is, what it takes to keep a business going is dependent on a range of different factors. One of them is marketing as it’s the only way to get your brand in front of your target audience. In the world of marketing, there are several terms and phrases used that can be confusing for entrepreneurs and other professionals alike. On that note, keep reading to discover the meaning of common marketing jargon.

Business Blogging

The first marketing jargon that will be discussed is business blogging which you may have heard at least once. It is relatively self-explanatory as it refers to everything that blogging is but includes marketing strategies in the mix. It is different from regular blogging as it’s more than a hobby and is often used to drive sales in a business. The main goal of business blogging is to get your business a greater level of visibility online.

Network Marketing

Another term that you may have heard of but perhaps don’t quite understand is network marketing. This is essentially multilevel or a direct selling method where independent-agents distribute goods and services while simultaneously building and managing their own sales force by recruiting and training other agents. Toni Vans are a great example of individuals who have gained a level of success using this business model. It provides opportunities for people to earn at multiple levels and sales reps to recruit and develop their own teams.

Bottom of the Funnel

This refers to a stage of the buying process where leads are just about to close as new customers. As a practical example, they’ve likely identified a problem in their life, shopped around for potential solutions and have now come to the point of being close to buying. At this stage of the sales funnel, depending on the nature of the business they may decide to give the lead a call, demo, or free consultation.

B2B

When referring to interactions between two companies, it’s usually referred to as B2B or B to B. More specifically; it’s a form of transaction that takes place between two businesses such as a wholesaler and retailer. The main point is that it refers to business conducted between two companies as opposed to a company and individual customer. On the other hand, references made regarding business done between a company and customer is referred to as B2C.

Bounce Rate

When a website bounce rate is mentioned, there is usually a reference made to the percentage of people who come on one of your pages and leave without navigating or clicking on any other page. This is important information for anyone with a website as it gives them an indication of how customers are interacting with their website and hints to what needs improving. High bounce rates usually lead to poor conversion rates as people aren’t staying on the site long enough.