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Imagine a world where you can showcase your amazing products to millions of potential customers without even stepping outside your store. Well, that’s the magic of digital marketing -a tool that’s transforming the retail game faster than you can say ‘sold out.’
In this digital era, where smartphones and screens are practically extensions of ourselves, the way we shop has taken a digital detour.
Just think about it. When was the last time you searched for reviews of a new gadget before buying it? Or perhaps scrolled through your favorite brand’s Instagram for outfit ideas? If you are like most of us, you have been unknowingly dipping your toes into the exciting world of retail’s new best friend: digital marketing.
Assume you have a traditional brick-and-mortar store (like your favorite vintage record shop). And you find out about this massive shopping mall (we call the internet) where people hang out, chat, and -you guessed it -shop.
Digital marketing utilizes online techniques to ensure the right people will find your store, love what they see, and can’t resist hitting that ‘Add to Cart’ button. But why is digital marketing such a big deal for your record shop (or any retail store, really)? Well, that’s where we are diving into the heart of the matter. Think of it as the secret sauce that makes your store stand out in a sea of options. We are talking specifically about reaching those potential customers who are searching for exactly what you have to offer. This is your chance to tap into the digital revolution and make your mark in the retail world like never before.
In this guide, we are breaking down the seven digital marketing techniques that can be a game-changer for every retailer out there.
Did you know, a staggering 81% of consumers use digital channels to research products before making a purchase? This means that in today’s digital age, a robust online presence is essential for any retail business that wants to succeed. A well-designed and user-friendly website, an eCommerce platform, and mobile responsiveness are all key components of a successful online retail presence.
If you’re not present online, you’re missing out on a huge opportunity to reach potential customers and maximize your business potential.
Much like arranging products strategically in a physical store, SEO ensures that your website is prominently displayed to potential customers who are searching for products or services like yours.
SEO is the process of improving the visibility of your website in search engine results pages (SERPs).
Here are three key SEO tactics that you can use to elevate your online visibility:
According to Retail Dive, a whopping 90% of consumers are inclined to shop with brands they follow on social. Social media isn’t just about likes; it’s about fostering a digital community where every interaction inches towards a purchase, and every share improves your content reach. These days, most all of your customers, regardless of their age, are using social media, and in some cases they are interacting with their social platforms several times every day!
Here are three key strategies for using social media marketing to boost your retail business:
For $10 you can boost a post and ensure many more of your customers actually see it. Social platforms do tend to limit how much of your audience will see your organic (free) posts, so by boosting it, you can guarantee more of your audience will see it.
Research shows that email marketing has an average ROI of $38 for every $1 spent. This means that for every dollar you spend on email marketing, you can expect to generate $38 in revenue. THAT IS SOME SERIOUS ROI!!!
Email marketing is a powerful tool for direct communication with your audience. It’s a cost-effective way to stay on top-of-mind of your potential and existing customers, promote your products and services, and drive sales.
To make the most of email marketing, you need to:
Depending on the point of sale software and eCommerce provider you use, you can have your email marketing platform on the same, integrated platform. This enables you to pull your customers and sales data, in real-time, and send personalized emails based on triggers in the software. Learn more by watching a short video »
Studies have shown that 80% of consumers are more likely to shop with brands that offer personalized shopping experiences. This proves that consumers are increasingly looking for brands that understand their needs and preferences and can deliver a personalized shopping experience.
Here are three key ways that data analytics and tracking can help retailers succeed:
In today’s world, a customer relationship management (CRM) system is essential for retailers who want to build lasting relationships with their customers. In fact, according to a survey, 93% of customers say that they are more likely to do repeat business with a company that provides excellent customer service. This shows that customers are increasingly looking for brands that they can trust and rely on to provide a positive customer experience.
CRM systems help retailers:
In a world where the lines between online and offline blur, mastering omni-channel marketing strategies, is like your compass for holistic retail triumph. Omni-channel retail is basically a strategy that integrates online and offline channels to create a seamless shopping experience for your customers. This means that your customers can now start their shopping journey online and then pick up their product in-store, or vice versa. It also means that your customers can use a variety of channels to interact with you, such as your website, mobile app, social media, and even in-store associates.
There are three key components to omni-channel retail:
Having all systems (point of sale, eCommerce, mobile apps) running in one place helps you provide a more cohesive and omni-channel shopping experience. You can more easily offer BOPIS (buy online, pick up in store), cross-channel gift cards, loyalty rewards and so much more! Check out this video that focuses on the benefits of unified retail software »
Digital marketing can significantly help a retailer increase business; it can be fun, but also overwhelming. Here’s a quick overview of our essential digital marketing techniques for retailers:
Check out our blog titled 3 Reasons Retailers Need A Full Digital Strategy and download our eBook for retailers to see you can achieve success with digital marketing.
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