Wednesday, March 11, 2009

Coupon Value Increases As Dollar Decreases

Although it is not a marketing tactic we often recommend at BBG&G, there's no denying that coupons can successfully increase business during tough economic times. Considered 'responsive tactics', coupons are designed to trigger consumers to choose your brand. Coupons and similar cost-saving promotions are also a way to let your customers know that you care about saving them money - and consumers are responding well. 

A customer who walks into a store with a coupon has the full intention of purchasing at least one item. Once they're there, it is up to you to entice them to make multiple purchases. This can be done through strategically displaying your merchandise, through in-store point-of-purchase displays, through excellent customer service, and by simply knowing what is important to your customers -- what do they want? what do they need?  

Dining out is often one of the first luxuries to be cut from the budget when people's pockets are hurting. Ruby Tuesday's, the national restaurant chain, experienced a drop in sales in fiscal 2008.  Using newspaper inserts with coupons, coupled with television commercials and in-store promotions, they are successfully attracting diners to their "two for one" promotions and other cost-saving specials. It's still too early to say for sure, but it seems to be working.

Your small business may not be able to afford full-page newspaper inserts, but there are plenty of local newspapers that offer very affordable advertising rates for small businesses. And, this is a perfect opportunity to integrate the internet into your marketing plan, if you're not already doing so. If you have a company web site, you can offer downloadable printable coupons there. If you don't, or if you want something a bit easier to manage, BusinessCardContacts.com provides paid members a platform to upload coupons and other marketing material for a low annual rate -- and you don't have to be a programmer to use it.

If you're a consumer, and looking for national brand coupons, check out  

Do you know of any other web sites where businesses can upload coupons, and consumers can download? I know there are a lot out there. What's your favorite?

June Bisel
Partner, BBG&G Advertising & PR
BusinessCardContacts.com

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Monday, March 9, 2009

Research-The Unsung Hero of the Marketing Program

Research s key to any successful marketing program. Often it's also the main reason behind why other programs fail. We've all heard the phrase, "What you don't know won't hurt you." And as we all know, this phrase is usually used by someone trying to avoid telling you something that is going to hurt you. The same applies to marketing.

Read my latest article published in the Hudson Valley Business Journal describing ways to make the most out of your marketing program through smart research strategies.  


June Bisel
Partner
BBG&G Advertising and Public Relations

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Thursday, March 5, 2009

Got a Green Thumb?

Food prices continue to rise. The economy continues to decline. So what is an average American to do? Grow your own food!

The National Gardening Association's most recent survey findings are indicating that growing numbers of people (including myself) are planning to grow their own fruits, vegetables and herbs. In fact, gardening is expected to increase by $7 million in 2009. And 54% of those surveyed said that they are turning to gardening in order to save money on food bills. Another 48% are interested in growing food that they know is safe from pesticides and growth hormone products.

This is an opportunity to thrive! In 2008, consumers spent $2.8 billion on home food gardening and in 2009 it is expected they will spend considerably more. You can be sure that this is a trend large retailers, like Lowes and Home Depot, will capitalize on. But if you're a smaller business that sells gardening tools, soil, seeds, fencing, or other gardening-related products, make sure to reach out to your customers and benefit from this new trend.

BusinessCardContacts.com offers an affordable method of marketing for businesses large and small. Sign on as a member and let us assist you in having a successful 2009!

June Bisel
Partner
BBG&G Advertising & Public Relations
BusinessCardContacts.com


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