[November 23, 2016] |
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Valassis Offers Tips for Small Business Saturday Success
Valassis,
a leader in intelligent media delivery, today shares three essential
tips for local companies to capitalize on Small
Business Saturday. This American shopping holiday is held on the
Saturday after Thanksgiving and entices consumers to "shop small" on a
day that falls during the major holiday shopping weekend between Black
Friday and Cyber Monday (News - Alert).
Last year, over 95 million consumers shopped local and spent $16.2
billion on Small Business Saturday - accounting for an estimated 35
percent of their holiday gift budget. In addition, according to new
Valassis research, consumers using savings apps such as Local Flavor
have grown from 36 percent to 49 percent over the last two years, with
more than 50 percent of these shoppers visiting a local store after
receiving a mobile offer. With this in mind, small and medium-sized
businesses (SMBs) have a unique opportunity to leverage hyper-local
marketing and sales strategies to engage shoppers and kick off the
holiday shopping season on a high note.
"Small businesses must incorporate hyper-local marketing strategies in
advance of Small Business Saturday, and throughout the holiday season,
to better engage, attract and retain local shoppers and remain
competitive with larger brands," commented Steve Hauber, diision
president, Valassis Local Solutions. "Small Business Saturday is a
testament to consumers' willingness to shop local, but it's up to
businesses to activate strategic advertising campaigns and tactics to
promote themselves. While all small businesses will likely see a boost
from the holiday, those that embrace a hyper-local approach will reap
even greater results to their bottom lines."
SMBs can capitalize on Small Business Saturday by following three tips
from Valassis:
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Embrace Location-Based Mobile Advertising - Mobile devices
serve as a necessary advertising channel as Americans
spend more time with their phones than any other device and over 80
percent of consumers have a smartphone. Because of today's
connected culture, smartphones provide a valuable channel for
businesses to constantly stay in front of shoppers. By using
location-based mobile advertising, SMBs can look at behavioral data
and create audience segmentations based on habitual activities to
deliver timely, relevant messages to consumers who have shown interest
in their products.
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Mobile Apps and Email Marketing - Now much more affordable for
the small business owner, custom mobile apps tied to an email
marketing program also lead the way when it comes to customer
engagement. Push notifications, email automation and insights into
consumer behavior have made it easier than ever for businesses to
interact with their valued customers, and consumers have strong
feelings about how those interactions should be handled. The success
seen in 2016 from businesses with loyalty apps from Total Loyalty
Solutions are prime examples of what has been identified as an
industry-wide trend: Consumers are demanding the convenience and
engagement that mobile loyalty apps provide, and the businesses that
can offer them the best experiences stand to benefit tremendously.
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Check Results and Re-Group if Necessary - Every type of
advertising effort impacts consumers differently so it's important to
review what is successful as well as which tactics are not working.
Strategies such as geo-fencing that inspire consumers to "act now" can
have immediate results, while audience-focused campaigns have a longer
conversion lead time. Knowing which strategies work best can lead to
more in-store visits and ultimately a higher consumer retention rate,
having a positive impact that lasts well past Small Business Saturday
and into the remainder of the lucrative holiday shopping season.
To learn more about SMB marketing strategies, click here.
About Valassis
Valassis
is a leader in intelligent media delivery, providing over 58,000 clients
with innovative media solutions to influence consumers wherever they
plan, shop, buy and share. By integrating online and offline data
combined with powerful insights, Valassis precisely targets its clients'
most valuable shoppers, offering unparalleled reach and scale. NCH
Marketing Services, Inc. and Clipper Magazine are Valassis subsidiaries,
and RedPlum® is its consumer brand. Its signature Have You Seen Me?®
program delivers hope to missing children and their families. Valassis
is a wholly owned subsidiary of Harland
Clarke Holdings.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161123005383/en/
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