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Posts Tagged ‘loyalty’


7 Marketing Trends That Benefit Small Businesses

February 19th, 2013 ::

trendsNow that we’ve gotten comfortable writing 2013 rather than 2012, I revisited all the “top trends for 2013” blog posts and articles I saved over the past two months to see what stood out the most and could potentially have the biggest impact on small businesses. Here’s what I found:

1 – Loyalty

Loyalty programs are shifting. Traditionally, you reward your customers for spending, but now consumers expect rewards for taking certain actions and sharing their activities with others. Additionally, consumers are responding to more variety in redemption options, so think about the “near-cash” rewards you can offer.

2 – SEO

SEO, social media, and content used to be completely separate areas in marketing. Now, they’re overlapping thanks to changes in search engines, which reward social sharing and linking, and content-focused marketing strategies (an active blog and fresh content). Continue to focus on engaging your customers through social media and valuable content to see benefits around SEO.

3 – Local

Local will continue to grow, especially since local businesses know their local customers and are as good at – or better than – engaging with them online as big companies. If you don’t already, use location in your online advertising, and continue to focus on customer service.

4 – Partnerships

Big companies (airlines and hotels, for example) continue to create partnerships to reach more customers. I have seen a lot of small businesses partnering together, based on neighborhood or industry, to increase their reach as well. Who can you partner with?

5 – Ecommerce

Online consumer spending is soaring. According to comScore $304 billion was spent via ecommerce in the U.S. during 2012. It almost goes without saying, but if you sell products, now is the time to consider putting together an ecommerce site.

6 – Mobile Devices

Smartphones and tablet usage soared in 2012 – more than 120 million people in the U.S. own a smartphone and more than 48 million people own a tablet (again, those stats are courtesy of comScore). Aside from having mobile-friendly sites, take advantage of geo-targeted marketing by “pushing” relevant information to your audience if they are in your area.

7 – Real-Time Analytics

By using a social media dashboard (like Hootsuite) and Google Analytics for your website, it is dead-simple to get real-time insights on what is going on online – from conversations about your brand to a blog post that is getting shared like crazy. With this information readily available, you can make quick changes to improve your marketing and customer service.

What trend do you think will impact you the most? Why?

Image courtesy of allspammedup.com

Editor’s Note: Network Solutions offers an easy way to build a website for mobile devices in mere minutes: goMobi™, powered by dotMobi.

Building a Loyal Customer Base: Hot Loyalty Trends for 2011

December 20th, 2010 ::

 

By Rieva Lesonsky

“Loyalty” is a hot business buzzword right now. If you want to get and keep loyal customers as we move into 2011, you need to know the top trends in loyalty marketing. Loyalty 360—The Loyalty Marketer’s Association recently released its top loyalty marketing trends for 2011 in Incentive Magazine. Here are the ones I think are key for small business owners in the next year:

1. Marketers will realize loyalty is a journey. Loyalty can’t be achieved overnight. As the growth of social media has shown, it takes time and experience to build trust with customers. In 2011, marketers will focus on building long-term relationships with customers, not on making the quick sale.

 

2. Loyalty will focus on emotions more than incentives. If the ultimate goal is creating engagement and making consumers passionate about your brand, behavioral economists say marketers must focus on the emotions since 70 percent of purchase decisions are based on emotions, not rationality.

3. Companies will assess how customer engagement and employee engagement work together. Employee engagement in a loyalty program is essential for it to succeed. Engaged customers won’t stay that way for long if employees are “out to lunch,” so both factors must be in place.

4. Customers want relevant programs. Customers seek loyalty programs that are “all about me.” Companies need to show customers that their loyalty programs are personal and relevant to customers’ specific needs.

6. “Moment” marketing is having a moment. Mobile and location-based advertising are hot, but Congress is casting its eye on restricting cellphone marketing. That means marketers need to assess all kinds of “moment” marketing—reaching customers at the moment, wherever they are, whether that’s in front of their work e-mail or using an iPad to read the newspaper.

7. Cause-related marketing will encourage Millennial loyalty. Cause-related marketing has grown in popularity among all age groups in the last few years, but Millennials are more influenced by it than any other age group. Social responsibility and green issues are key motivators for Millennials to switch brands.

8. Social gaming will be integrated into loyalty marketing. Some 200 million people play games on Facebook each month. When it’s done right, gaming can drive far more consumers to engage with your business than any traditional form of loyalty marketing.

What are you doing to drive consumer loyalty in your business?

Image by Flickr user pasukaru76 (Creative Commons)