How to Stay Relevant to Buyers
Jennifer Taylor
Product Management | Agile | Generative AI | ITL 4 | Scrum Cert | Healthcare Leadership (Remote)
It's a challenge, and a MUST
Digital Technology is the lifeline of your business, stay updated
- 56% of adults are now smartphone users (Pew Research Internet Project, 2013)
- Of the 70% of shoppers who used their mobile phone while in a retail store during the holidays, 62% accessed that store's site or app (ForeSee, 2013)
- Retailers' apps with a store mode have 5 times more engagement (Point Inside, 2013)
- 80% of smartphone owners want more mobile-optimized product information while shopping in stores (Moosylvania, 2012)
- 50% of shoppers feel they are better informed than store associates (Motorola, 2013)
- 4 out of 5 consumers use smartphones to shop (comScore, 2012)
- 74% of U.S. consumers use location based services on their smartphones (Pew Internet & American Life Project, 2012)
- Online retail spending grew by 14% in 2013 (comScore, 2014)
- Global e-commerce sales via mobile devices are projected to reach $638 billion by 2018 (Digiday, 2014)
It doesn't matter if you have 200,000 Facebook or Twitter followers. Not all of them are going to want or need what you are selling--right now. Make sure you are available and easy to find online when they do need your products and services. For instance, people don't purchase cars, houses and furniture very often. If you start promoting to them when they aren't interested in buying, you will annoy them and many will unsubscribe or turn off your notifications. Instead, offer them accessories or an incentive to recommend your products or services to a friend. Give them a discount on maintenance. Find some other way to connect with them until they are buying again. Make sure you segment them in your database so you don't market to them as a potential buyer--especially if they have just purchased a big item from you. Give them some time.
Create great content covering every possible angle about your products and services and archive the posts as they age. When consumers begin researching, one of your archived pages could result in the search responses if you have indexed and tagged them well. If terminology has changed or you can provide better keywords, have an intern or someone go back through the archives and make them more relevant to your current customers.
Put yourself in your customers' shoes--what would convince you?
When I decided to buy a new car, the first thing I did was surf the Internet to see what was out there. I found some local dealers and then went to visit them. While test driving, I brought in printouts from their website on deals they were promoting and looked up competitive prices on my phone. I wanted a deal. What do your customers want?
Are all your locations honoring the promotions you have on your website? Be clear. This builds trust. Are you willing to honor a competitor's prices even if you have a different listing price? If so, make sure all your employees and associates know it. This can win over reluctant customers. Are your promotions so difficult that most customers aren't understanding how it works and you're getting a lot of questions? If so, you need to work on your messaging. Otherwise, it will make them feel like it isn't worth the trouble.
Be transparent, informative, detailed, and have competitive pricing. If your product or service is a higher price, you need to offer something that is "perceived" to be of higher value--more service, accessories or something to convince people why they should spend more. Keep in mind, you only have a short 30 second window or the first couple of lines of text to convince them in your promotional pieces.
Rebrand older products and services--a facelift can breathe new lif e
When people see the same images, colors, logos and brand for years, they can become desensitized to it no matter how innovative and inventive your updates and marketing strategies. A visual change is necessary in order for them to see and recognize the updates to your products and services.
Companies can outgrow their current brand because they have added other services and products that aren't represented in the older version of their brand or the product becomes irrelevant due to changing technologies. Even if you don't do a rebrand for the product or service, you can rebrand your website, the graphic design and videos you have traditionally used to promote them and go with a new marketing design and concept. Breathe fresh life into your approach and it can make a difference in how consumers respond.
Old-fashioned ingenuity-develop quality, creative & necessary products before competitors
Some things never change in spite of all the changes around us. You can have the best marketing strategies in place with an unlimited budget, but if your product or service isn't something people want and it doesn't meet a need or solve a problem, people will not buy it. This is the ultimate key to being relevant. Each time you bring out a new product or service or update an existing one, you need to be able to answer these questions:
1) Who will want or need it?
2) How will it benefit them?
3) What other options are available? Competition?
Nothing beats having a quality product that everyone wants.
Engineer-economist ; Deputy Director at Physical-Technical Institute, Kazan Scientific Center at the Academy of Scien
10 年Necessary that your product was interesting for the consumer, as the functional properties and effectiveness. I mean everything except food products.
Channel Sales Leader - Driving Growth and Strategic Partnership
10 年this article is so helpful to me
International Business Manager at Shenzhen D'Roca Technology Co., Ltd
10 年Good article!The author's keen insight give us some good advise!
FOUNDER AND CEO at Renee Days Construction Inc.
10 年Thank you,
Communications Strategist, public speaking, and presentation development.
10 年Amazing piece!!! I can't help but to share...