To help draw new customers through your doors, consider offering gift certificates, rather than coupons, to attract new residents. Every business owner understands the value of doling out coupons. The discounts encourage new customers to visit your establishment, introduce new product lines, and help shed excess inventory, according to Investopedia, an online investing resource. But, offering coupons has a downside. Coupons cost your business money, and customers might wait to make purchases until they have another coupon. Our Town America, the nation’s leading new mover marketing company, has an easy solution designed to ramp up profits and get new customers into your location. Rather than coupons, Our Town America appeals to new residents by offering an upscale Welcome Package that won’t get tossed in the recycle bin. The tasteful Welcome Package is oversized and designed to stand out from mundane mail. Plus, the offers included in the package are chosen because they line up with the needs of a recipient – therefore increasing the response rate. Every Welcome Package includes free one-time-use gifts, not repeat coupons. “A housewarming gift that includes proven special offers for local businesses will help welcome new residents to the neighborhood,” said Michael Plummer Jr., President and Chief Executive of Our Town America. “We encourage our partnered businesses to follow up on their welcome gifts with a thank-you postcard to keep their business top-of-mind with busy new residents.” People who purchase a new home typically open their wallets as they work to make their new residence a home, according to the National Association of Home Builders. For the first two years after closing on a new house, homeowners spend an average of $7,400 more than existing community members, $4,900 of it being spent in the first year after purchase, NAHB reported. While a big portion of expenditures are on appliances, furniture, and home repairs, new residents also spend the first few months in their new home running errands and learning where to buy groceries, take their pets, get dental work, order pizza, and more. New movers have no established habits or loyalties, making them an impressionable audience for businesses looking for new customers. Including New Mover Marketing in your advertising strategy makes it possible to reach a brand new, broad audience every single month. “Every time we add a new store, it’s a great decision,” said Tiffany Downing of Broadway Pizza in Maple Grove, Minnesota. “It depends on the market, but we get about 10-60 redemptions per month. We are seeing that people are spending more than we give in the certificate.” In case you’re still unsure whether implementing New Mover Marketing is the right choice for your business, here are some of the benefits of gift certificates. Advantages of Gift Certificates Keep your business top-of-mind New residents are busy unpacking boxes, painting, arranging furniture, and planting gardens. They are looking for easy, cost-effective options when out in their new community. Our Town America’s upscale Welcome Package is personalized and positioned as a welcoming gift to new residents, so is perceived by the customer as hospitality, not advertising. Help your business add loyal customers Gift certificates provide an extra incentive to try a new business risk-free, putting the local business at the top of the list. If you offer a free medium pizza on your gift certificate, hungry new residents will want to place an order as they unpack boxes and organize their new home. As an added bonus, if you impress them with stellar customer service and delicious food, they are likely to become loyal customers. Increase sales When customers come to redeem their gift certificate, it’s not uncommon that they will buy additional items, so it’s a great opportunity to enlighten them on your other offerings. If you’re ready to begin gaining more loyal customers, visit Our Town America today. Brittany N. JohnsonBrittany is the head of Our Town America’s corporate marketing department. She specializes in digital and print media, social media, and public relations. […]
Tag: Myrtle Beach
Millennials are Moving to a House Near You, Restaurants Should Get Moving to Greet Them
Modern Restaurant Management — When you own a restaurant, you’re often considering and painstakingly planning new entrées to add to the menu, but are you spending the same amount of energy thinking about the new customers who may soon be ordering from it? When you own a restaurant, you’re often considering and painstakingly planning new entrées to add to the menu, but are you spending the same amount of energy thinking about the new customers who may soon be ordering from it? Likewise, you could be losing a lot of Millennial customers, too, if they’re moving to a house that’s far from your place of business. You may not often think about it, or notice, but people are likely moving in and out of your neighborhood all the time. We’re a very mobile society. Estimates suggest that 35.5 million Americans move every year, far more than many countries such as those in Europe. That means you often can gain customers (new movers) and lose them, too (customers who move away). If you aren’t already marketing to new movers, the transient nature of our society is something you and, well, every restaurant owner should consider when marketing. After all, we’re all creatures of habit. You probably have a lot of loyal customers –but you may struggle to attract new people who have lived in the area for some time because they’re loyal to your competitors. It’s just human nature. People find a routine that they like, and they stick with it. But new movers? They don’t have habits and routines yet. They also don’t have a favorite restaurant –yet. That’s the argument for restaurants –or any local business, really –marketing to new movers. You want to find potential loyal customers and bring them in to try out your place, and hopefully get them to return a second and third time before they put down roots and start picking their favorite restaurants, which may or may not end up becoming your place. You also need those new movers, to make up for the loyal clientele who moves away. Fortunately, the good news, according to the Our Town America new mover survey, is that new movers are very interested in finding restaurants when they move in. You just need to make sure that you make it clear that you want them to find you. Marketing to the New Mover There are a variety of factors that appeal to any new mover when they move to a new city. When asked in Our Town America’s new mover survey for the reasons a city becomes their dream city, 33.1 percent of respondents listed “affordability” as being important, 59.7 percent cited “good scenery” as being important to them and 54 percent said “good weather.” As for how the dining and hospitality industry did, over a third of respondents (38.2 percent) said that it’s important to them that the “restaurants are phenomenal.” In other words, if the restaurants are top-notch, that helps make a city a dream city. Market your restaurant as one that has phenomenal food and atmosphere, and if you can make it affordable, that’s all the better, at least judging from the results of the survey. But the main takeaway from the survey is that Millennials moving to your neighborhood are as eager as you would hope to discover amazing local restaurants. The question that you should be asking yourself as a restaurant owner is –are you doing enough and are you equally eager enough to find new customers? Brittany N. JohnsonBrittany is the head of Our Town America’s corporate marketing department. She specializes in digital and print media, social media, and public relations. […]