Persuasion by reciprocation is based on the Law of Reciprocity; use this to your advantage to build a loyal customer base through New Mover Marketing. The art of reciprocity is ingrained in human culture. A part of sociological phenomena, the law of reciprocity states that when a person receives something, they feel compelled to return the favor. It’s a learned behavior that is rooted in childhood when parents focus on teaching their children the practice of sharing as a tool to build relationships. The law of reciprocity was put to the test in 1974 when Phillip Kunz, a sociologist at Brigham Young University, conducted an experiment with Christmas cards. As part of the study, he sent handwritten notes or holiday cards to 600 strangers. Even though the recipients did not know Kunz, he received at least 200 replies from people who felt obligated to reciprocate. The Law of Reciprocity is widely used in the business world by marketing gurus like Brian Tracy and Colin Shaw. To see reciprocity at work in your daily life, simply head to your local coffee shop for a caffeine fix. Notice how people respond when you greet them or the many tips left for the barista who made their favorite drink. The law of reciprocity is alive and well, and it’s a great tool local businesses can use to help drive profits. Our Town America Helps Add Loyal Customers Our Town America’s New Mover Marketing program relies on the law of reciprocity to help businesses obtain new customers. New Mover Marketing puts your business in front of people who are likely to buy now and buy again in the future. We send new residents a Welcome Package filled with free offers to introduce them to their local community. Between unpacking boxes and turning their houses into homes, new movers feel the urge to reciprocate the kind gesture by visiting the businesses who welcomed them and redeeming the offers. The generous welcome also prompts them to speak highly of the business to fellow neighbors, fueling word-of-mouth promotions. Quality customer service encourages new residents to return as repeat customers. To help new residents form loyalties with a local business, Our Town America’s mobile tracking technology can also send a thank you note to new movers once they redeem their welcome offer. New Mover Marketing helps solidify the reputation of your small business amongst local residents. Last year, more than 27.1 million Americans moved, according to the U.S. Census Bureau. People changed residences for a variety of reasons, including lower cost of living, job relocation, and being closer to family. Following the pandemic outbreak, remote work allowed many people who were usually tied to a corporate office to relocate. No matter how well you plan, moving is stressful. Unloading boxes and getting the lay of the land takes time and effort. New Mover Marketing strives to capture new residents before they form loyalties to your competitors and introduce them to your business with a free one-time housewarming offer. “I love helping local business owners grow their businesses by directing new residents through their doors each month,” said Susan Nagi, a multi-unit Our Town America franchise owner in Arizona & Nevada. “New movers truly appreciate the kind gesture from the welcoming businesses and, as response rates demonstrate, the law of reciprocity is in effect”. Focus on Reciprocity to Grow Business Learn more about how the law of reciprocity can help your small businesses become a mainstay in your local community by trying our New Mover Marketing and direct mail services for yourself. 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: San Francisco
Top Businesses New Movers Visit After Moving
New mover marketing gives small businesses the opportunity to help residents feel at home in their new community while elevating profits. More than a third of recent movers say it’s harder to find a house than a spouse, according to a recent survey of more than 2,000 people by Zillow Group, a real estate and lending company. As high demand met limited supply, the housing market in the United States gained a record $6.9 trillion in 2021, nearly doubling the largest annual gain of $3.7 trillion back in 2005. Despite a tight housing market, Americans continue to pack boxes and relocate to places where they can get more bang for their buck. More than 27 million people moved in 2021, the U.S. Census Bureau reported, representing 8.4% of the U.S. population. After the stress of finding their dream home in the competitive real estate market, the real work begins for new residents. As new movers unpack boxes and hang pictures, an important step of relocating is seeking out essential businesses to help make their new neighborhood feel like home. Our Town America, the nation’s leading new mover marketing company, has been welcoming new residents to their communities for more than 49 years. We help small businesses drive profits by targeting new residents who have not formed loyalties to competitors. Is your business one of the first stops for new residents? Here are some of the top businesses new movers visit when they’re new to town. Restaurants. Settling into a new home requires a lot of heavy lifting. Furniture needs to be arranged, rooms need to be painted, and boxes need to be unpacked. New residents have little time to think about meal planning as they get settled. Our Town America revealed that the first industry people check out in their brand-new community are restaurants. Takeout food is extremely popular. While the number of restaurants offering delivery has skyrocketed since the outbreak of the pandemic, new residents typically turn to tried-and-true delivery staples, like pizza and Chinese food, after a long day working on their homes. Grocery Stores. One of the first steps new movers take is to re-establish their daily routine. Next on the list for area businesses is finding a grocery store that meets their needs to fill the refrigerator and refresh the pantry. Healthcare. Part of getting established in a new community is finding pediatricians, doctors, and dentists to keep family members healthy. While finding new doctors is not something new movers do on the first night in a new home, it is at the top of their to-do list. Making sure they have an established doctor for a sick visit is key, especially for parents with young children. Hair and Beauty. Women spend approximately $313 per month on beauty, including hair care. New residents want to look their best as they meet people in their new community or start a new job. Finding the right hair stylist is top-of-mind. Pet Care. At least 70% of households in the United States own a pet and estimates indicate American pet owners spent $109.6 billion in 2021, the American Pet Products Association reported. Pet lovers are willing to open their wallets to ensure their pets receive high-quality food and care. In addition to veterinarians, pet owners need to secure groomers, kennels, and pet supplies for their furry friends. Our Town America can help small businesses tap the new mover market by sending them an upscale welcome package filled with category-exclusive proven offers. Each month, Our Town America prints more than a million personalized gift certificates and welcomes more than 500,000 new movers nationwide to their new communities by introducing them to local businesses. In addition to the businesses listed above, new mover marketing can help mechanics, wine shops, fitness centers, home service providers, dry cleaners and more. And, statistics show, at least 95% of new movers would visit a business that welcomed them to their new home, according to survey results from Our Town America. Track Your ROI If your business is one of the first stops for new residents, new mover marketing can drive sales. The next step is to track your results. Our Town America’s tracking app can help you see results in real-time on your mobile device. Our TruTrak® mobile app allows you to validate and scan redemptions at the point of sale or whenever is best for your business. The app allows you to track your return on investment and can trigger a second mailing to first-time customers to encourage them to return. It also is equipped to gather detailed demographic data of new customers you can use to improve your marketing efforts. Learn More About Our Town America To learn more about new mover marketing and how Our Town America can help your business increase profits, visit www.ourtownamerica.com to start adding loyal 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. […]