Being a small business owner in a local market can give you a leg up on the national stores. People like to shop local and give back to the community. And guess what? That is you! Creating your target market based on the customer demographic should be a breeze since you know your community so well.
When you consider what drives your average customers and what will bring them into your store, you might start with yourself if you are even close to your target demographic. If you aren’t, which is often the case, ask someone you know who is in your target demographic. An advantage you have over a large chain store is that your customers know you and trust you. Asking questions of your current customers is a good way to find out what they like, how they feel about your current advertising, and what you can do to get their attention. Don’t forget to offer a small token of your appreciation for their cooperation in your research.
Despite our technologically savvy world, usual local marketing practices are still important:
However, don’t discount the importance of digital marketing. People are using Google Maps to see what is near their location, businesses can focus on advertising to Facebook users within a five-mile radius, and Google offers great local search advertising capabilities to really target customers when they are looking for a product. If done correctly, email campaigns also continue to be effective. According to a report by McKinsey & Company, 91% of all U.S. consumers still use email daily.
No matter how you reach your customers, it is important to know if your advertising is working. If you can ask a customer how they heard about you, or use something like Google Analytics on your website, you can adjust and continually improve your marketing efforts. And keep in mind, people respond to authenticity, confidence, and what is in it for them.