Today, I want to go back to providing some
additional Christmas business tips for startup and small businesses by
re-emphasizing the importance of not getting lost in the advertising
clutter.
I find that particularly for these types of
businesses, the inability to expend the big budget on advertising can present a
real challenge in getting the customer’s attention and more importantly, play
on the psyche of the entrepreneur.
Remember however that your business is not the
same size nor does it have the same kind of budget as the bigger businesses
do. In your own corner, use tried and
tested methods such as direct mailing, email blasts and in-store/dashboard
promotions to get your message across.
Image courtesy of Advertolog |
The following are just some quick tips from me
to you; to help you remain grounded and keep your expectations realistic this
season:
·
Don’t try to compete
with bigger competitors, you will lose; and any profits you make over the
holidays will be eroded after paying for those big advertising bills you racked
up in the run-up to Christmas
·
Focus on creating
lasting relationships with customers; use customer interactions to build your
database and keep in touch. Give your
customers a wow experience to improve the possibility of securing future and
referral business from them
·
Keep
your expectations realistic; remember what you put in, is what you will get
out. If you spend small, your returns may
not necessarily be small but the key is to maximize your spending by selecting
the very best marketing mix to reach your targeted audience.
·
Conduct
an evaluation of your marketing programme after the holidays; this will help
you to determine how well (or not) the marketing mix worked, identify any gaps
that you could have plugged as well as to help to quantify the returns on your
marketing dollar.
The Christmas
season is always filled with high expectations; businesses tend to expect more
than the ordinary simply because it’s the season of giving. The key to keeping you grounded however is to
project expectations in alignment with trends from previous months as well as
from the previous Christmas.
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