Do you ever wonder how American consumers are drawn to the products they buy? After all, it’s accurate to say that in the United States, its citizens buy many things from food items, to clothes, to electronics- just to name a few. American customers or consumers buy their belongings online and in stores. In actuality, 94% of retail sales (clothes, electronics, food, beauty products, etc) are purchased within the store as opposed to online. Additionally, not all these purchases are necessary, per se. In fact, around six to ten purchases a consumer makes in a store is considered an impulse purchase. This means that the purchase is not planned. Whether planned or not, Americans always have to buy items. If you’re a part of the grocery business or in any form of retail, here is what you need to know about marketing strategies. These strategies will assist you in gaining more customers and making the most of your business.
Grocery Store Marketing
In the grocery store industry, especially, for grocery managers, marketing is key to success. Marketing essentially helps strengthen your brand of the grocery store. Additionally, marketing also helps grocery stores receive customers, maintain customers, and keep customers. And, you need customers in order for a grocery store to remain successful and working. There are a few marketing strategies you may want to consider if you desire a successful grocery store. It is important to note that you should always keep track of your marketing budgets!
Grocery Store Signage: As years progress, mature signs are more popular and effective (they are part of in-store marketing). This may be considered a trend, but it is for good reason. Signs not only tell the customer where common products are located. This was the case in years past. Signage would group together common items such as cleaning products or crackers, cookies, and chips. Now, there’s a certain spin on signs. These sophisticated type signs can also show customers where ethic food is located. But, this is just the beginning. Not only do these signs show where these foods are located, but they can provide a means in which consumers can test new foods, learn about different cultures, and engage in the newest food trends. With these signs, your grocery store will gain more customers, which leads to selling more products! So, all in all, changing signage is a positive choice! It is important to note that many individuals are beginning to shop online, and digital signage is becoming slightly popular. You may want to consider digital signage for your store as well.
Shelf Tags For Grocery Stores: Signage that hangs above grocery store aisles is not the only successful form of marketing. Using shelf tags, is also a form of marketing. Shelf edge tags document the many sales of products. As customers walk down aisle after aisle, they can clearly see the deals they can get on specific products. Think buy one get one half off. Additionally, these tags can be unique compared to any other grocery store. Your grocery store makes the decision in terms of appearance. Eye catching, colorful shelf tags are the most effective for customers of grocery stores. Each one catches the eye of a customer and they go for the sale. This marketing strategy may seem like a traditional one, but it is still successful in getting individuals to shop at your store.
Other Retail Marketing
Other forms of retail include clothing stores. These stores, which can sometimes be specifically targeted toward women, remain successful through their marketing strategies. Here is one you may want to consider for your clothing store.
Printed Sign: Printed signs plastered to the windows of a clothing store (especially those in the mall) will be sure to attract the attention of any passerby. With signs, you can colorfully/uniquely display sales, the clothing you sell, and any types of deals. It is important to make them unique!
Marketing Budgets
Marketing budgets are how managers and businesses see how much money they have to spend on marketing or advertising. Where marketing budgets are concerned, you can keep track of your yearly spending! They are very necessary.