A Marketing Strategy that Targets the Consumer’s Desire to Save
No matter what level of income someone makes, everyone cares about saving money. It is a misconception that coupon users are confined to a certain income level. In fact, recent studies have found that affluent shoppers do indeed care about saving and are receptive to offers. This is why it is important for companies to incorporate print promotions into their omnichannel marketing strategy.
Connecting People to Your Brand
Coupons are still one of the best ways to build a bridge between your brand and your potential customer. The desire to save money will never wane from people’s minds, and that is why it is so reliable. According to a Valassis study, 92% of shoppers use paper coupons and about half use them always or very often. With direct mail, you have an opportunity to target an age range that most would consider unreachable unless using a digital method. However, paper is still strong, and is not ending up in the trash but rather are being redeemed in stores. The same study found that more than 50% of all consumers like receiving print coupons in the mail. It is clear that mail is still one of the strongest delivering methods for deals and other specials that can get more customers purchasing online or at your brick and mortar locations.
Influencing the Purchase of New Products
Trying to get consumers to switch to a new product from a different brand can be a challenge. A new marketing strategy can offer a variety of tactics that influence a shopper’s decision making, but one of the most effective methods has been tied to one’s desire to save money. A RetailMeNot survey found that about 80% of participants made a first-time purchase using a coupon. You can influence new customers with an offer that reduces the risk of trying something new and sets the foundation for new customer relationships.
Marketing Strategy that Incorporates Direct Mail
Providing opportunities for shoppers to save will never go out of style. Consider how effective your marketing strategy is now, and how much more you can improve its performance by adding a direct mail marketing campaign to the fold. Put the coupons right in the hands of the consumer so that you can empower them to make their next purchase without breaking the bank. In doing so, you will build a valuable relationship with new customers while also achieving the goals of new products. Contact us today to get started!
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