How to Judge the Success of a Promotion: Why We Perform Media Audits & Review Past Promotions
While it’s important to plan ahead for future promotions, there’s wisdom in reviewing past performance. At R&A, we take a holistic view of when performing an audit. Not only are we looking at the traffic, average sale, and monthly sales, but we take into account the promotion itself. We factor in the creative impact and […]
How to Increase Revenue with Little-to-No Media Spend
Every company knows how important it is to connect with customers on Facebook. Social media is a great place to establish expertise, introduce new products, and promote sales. But as the number of posts from businesses grow, Facebook has to pick and choose only a handful of posts to appear in peoples’ newsfeeds. Facebook prioritizes […]
What Marketers Post vs. What Customers Want to Hear
Ms. Jones is craving a certain type of conversation…are we engaging enough to catch her? Just because someone owns market share doesn’t mean that they own the market on what a customer desires to hear. They just happen to be there first. As I frequent the internet searching big marketing stats you can imagine I […]
e-Commerce: How stores can win in this era
e-Commerce is everywhere! Amazon. Wayfair. Overstock.com. Furniture retailers know they’re out there and they’re coming for their sales. Ignore this competitive threat at your own risk… but you are not without the means to compete successfully. First, realize the scope of the problem. About 14% of all furniture sales happen online. That’s a lot – […]
Foster Brand Loyalty by Targeting Customers at Different Life Stages
Loyalty is a powerful word. It invokes images of knights slaying dragons in the name of their king and dogs standing guard faithfully beside their owners. But what does loyalty mean in terms of consumer behavior? When a customer has brand loyalty, does that mean that they will stand behind a product or company to […]
How to Utilize Your Customer List For A Growth Strategy
First things first. If you are not emphasizing the creation and daily nurture of a customer list, put doing it at the very top of today’s “To Do” list. Collect email addresses, home address/zip, product purchases/dates and other basic demographic data that will allow you to segment the list for target marketing efforts. It is […]
4 Content Ideas to Increase the Exposure of Your Business
If you have not been thinking about how content can help your business you should start right now. Internet tools like social media and blogging are great equalizers for independently owned retail furniture businesses. With consistent effort and proper use, even the smallest retailer can look just as big and just as tuned in to […]
Web Traffic Up, But Sales Still Flat?
Don’t waste an engaged customer on your site with no technology to help convert. All can concede that today’s customer goes online first and visits multiple online destinations before she even considers (if not at all sometimes) to venture into a brick and mortar store. What can be viewed as a hurdle can be turned […]
Connecting With Your Customers: Start With Your Why
How do you create a connection? It starts by clearly defining the WHY of our business or product. No matter the business/product category in which you compete, there are others…usually many others…doing the same thing and competing for the same customers. In order to increase market share most companies fall back on CTP (Cut The […]
How Promotional Marketing Can Lock in Long Term Goals
Long term goals start with small steps… Most business owners or executives would agree that a long term strategy is required to ensure the viability of an enterprise. However, the long term must include many small steps along the way. Promotion is one of the “small step” tools you can use to lock in long […]