October 9th, 2019 | Nicole Genchur
If you own a brick-and-mortar retail business, one of your key concerns is how to attract customers to your store. With so many people buying online, it can seem like an uphill task. Don't despair, though; despite rising e-commerce sales, people still enjoy shopping in-store. Even better, in-store shoppers spend more.
So, how do you wean potential customers away from shopping online and bring them into your store? There are plenty of marketing strategies for retail stores that can help you increase foot traffic and improve revenue. This guide will share eight key ways to get customers into your store.
Brick-and-mortar marketing describes marketing strategies used by businesses that operate from a store or retail premises to increase foot traffic. These strategies can include digital marketing, offline, and out-of-home promotions. Read on to learn how to drive traffic to your store with these strategies.
The next section of this guide will look at these marketing strategies for retail stores in more detail.
Proximity targeting lets you define an area around particular retail locations through geo-fencing. Once that's done, you can market to people within that area to influence shopping behavior. For example, when people are approaching your store, you can show relevant promotions to encourage them to stop by. This is a proven way to increase retail foot traffic.
Loyalty campaigns target regular shoppers by offering them incentives which encourage them to continue to shop with you. They work with loyalty programs which reward regular customers with member-only benefits, discounts and points that can be redeemed against more products. Since loyal customers will spend more, this is a useful retail store marketing strategy. And you can combine loyalty campaigns with proximity targeting to tailor campaigns to repeat customers who happen to be near your store. When Denny's did this, 12% of those seeing the campaign said they'd visit a store within the next two weeks.
Geo-conquesting means winning business from your competitors by using location data. This is one of the most effective brick-and-mortar marketing strategies for retail stores. All you have to do is show campaigns to people who are near your competitors' with the aim of getting them to visit your store instead.
When you're wondering how to increase foot traffic in a retail store, don't neglect the weather. Weather targeting lets you use weather and location data to show relevant ads to your target customers in real-time, and encourage them to shop in-store. In winter, show ads for hot drinks and warm clothing; in summer, focus on outdoor furniture, cool drinks, and swimwear. Keep your targeting relevant and both foot traffic and sales will definitely increase.
Another good way to get customers into your store is to create in-store events related to your business that will appeal to them. Whether you're offering a cooking class, a makeover session or a wine or food tasting, make visiting your store into an experience. Not only does it create a fun atmosphere, but it's a great chance to showcase relevant products and services.
Overall, relationship marketing means nurturing customers over time rather than focusing on a quick sale. This results in customers who feel valued, and are therefore likely to buy more, spend more, and to advocate for your brand.
Social media marketing is exactly what it sounds like: using social media sites like Facebook, Twitter, Instagram, LinkedIn, Pinterest and others to reach your audience with targeted promotions. With 70% of Americans now using social media regularly, retailers can't exclude brick-and-mortar marketing strategies from their marketing campaigns. You can make your social media campaigns even more effective by using location data to build audiences likely to act on your promotions.
Click and collect lets people place an order online, then get the item from their nearest store. You can use location data to help identify this. Click and collect has been proven to increase sales for multiple retailers. That's because once people come to the store to collect (or return) an item, they may be tempted to buy something else. Effective merchandising can increase this type of conversion. As you've seen, online shopping doesn't have to spell doom for brick-and-mortar retailers. Use the location enhanced brick-and-mortar marketing strategies shared here, and your store could soon see increased foot traffic.