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1- Advertise to Reach New Customers.
Your market changes constantly. New families in the area
mean new customers to reach. People earn more money, which
means changes in lifestyles and buying habits. The shopper
who wouldn't consider your business a few years ago may
be a prime customer now. Remember...20% of families will
move this year, 5 million people will be married and 4 million
babies will be born*.
2- Advertise Continuously.
Shoppers don't have the store loyalty they once did. You
must advertise to keep pace with your competition. The National
Retail Merchants Association states: "Mobility and non-loyalty
are rampant. Stores must promote to get
former customers to return and to seek new ones.
3- Advertise to Remain With Shoppers
Through the Buying Process.
Many people postpone buying decisions. They often go from
store to store comparing prices, quality and service. Advertising
must reach them steadily through the entire decision-making
process. Your name must be fresh in their minds when they
ultimately decide to buy.
4- Advertise Because Your Competition
is Advertising.
There are only so many consumers in the market who are ready
to buy at any one time. You'll need to advertise to keep
regular customers and to counterbalance the advertising
of your competition. You must advertise to keep your share
of customers or you will lose them to the more aggressive
competitors.
5- Advertise Because it Pays Off Over
a Long Period.
Advertising gives you a long-term advantage over competitors
who cut back or cancel advertising. A five year survey of
more than 3,000 companies found...Advertisers who maintain
or expand advertising over a five year period see their
sales increase an average of 100%. Companies, which cut
advertising, averaged sales decreases of 45%.
6- Advertise to Generate Store Traffic.
Continuous store traffic is the first step toward sales
increases and expanding your base of shoppers. The more
people who come into the store, the more possibilities you
have to make sales and sell additional merchandise. For
every 100 items that shoppers plan to buy, they make 30
unanticipated "in the store" purchases, an NRMA survey shows.
7- Advertise to Make More Sales.
Advertising works! Businesses that succeed are usually strong,
steady advertisers. Look around. You'll find the most aggressive
and consistent advertisers are almost invariably the most
successful.
8- Advertise Because There is Always
Business to Generate.
Your doors are open. Salespeople are on the payroll. Even
the slowest days produce sales. As long as you're in business,
you've got overhead to meet and new people to reach. Advertising
can generate customers now...and in the future.
9- Advertise to Keep a Healthy Positive
Image.
In a competitive market, rumors and bad news travel fast.
Advertising corrects misleading gossip, punctures "overstated"
bad news. Advertising that is vigorous and positive can
bring shoppers into the marketplace, regardless of the economy.
10- Advertise to Maintain Employee
Morale.
When advertising and promotion are suddenly cut or canceled,
salespeople may become alarmed and demoralized. They may
start false rumors in an honest belief that your business
is in trouble. Positive advertising boosts morale. It gives
your staff strong additional support.
* National Center for Health Statistics
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