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Business Owners, Do You Even Know What You Want?

Business Owners, Do You Even Know What You Want?

The very first step in any marketing campaign is identifying the desired outcome. I often ask clients if they’re hoping to increase sales or boost the number of customers they have. These two outcomes sound similar, but they’re really not identical. As a business owner, you have to make a strategic choice.

Where Is Your Money Coming From?

Every business generates revenue in its own unique way. It’s a good idea to periodically stop and assess your customer base. Objectively identify who is doing business with you, and what type of business they’re doing. Do you have regular customers you see often, or is your business kept afloat by a steady stream of fresh faces? E-Commerce may seem like it happens in a void, but analytic tools offer a wealth of actionable information. Consider your reports to determine where your shoppers are coming from; make a special note of clusters of customers who buy from you often.

What We Know About Millennial Shoppers

Millennials value the quality of the relationships they have with the brands they do business with. It’s important to them that orders are acknowledged quickly, that accurate tracking information is readily available, and that they can connect with a real person in real time if they have any concerns or questions. For all the conventional wisdom that tells us Millennials don’t have any disposable income, this generation has proven that they’re more than willing to spend – and spend more – when they feel they’re getting their money’s worth.

What This Means To Your Campaign Strategy

Millennials aren’t dumb. If you offer a significant incentive, they’ll take advantage of the savings opportunity. But Millennial loyalty can’t be bought. If all you’re doing is incentivizing, and that deeper, more meaningful relationship just isn’t there, the Millennial shopper is easily attracted to the next brand that puts up a coupon code.

Cultivating Relationships Takes Time

Generating a quick sales surge can be as simple as slashing prices. However, for most small business owners, that’s not a sustainable strategy. Cultivating relationships that generate ongoing, repeat business takes longer, but is in the long term a more profitable route.

[Tweet “Messaging apps are an increasingly important customer service channel.”]

Relationships are developed on many fronts in the digital world. Think of your website as home base – it’s where your Millennial customer will turn to for accurate information about your business’ essentials. Being reliable builds trust, so make sure that everything your shopper finds on your website reflects what happens in the ‘real world’.

Social media provides brands a platform to demonstrate their unique appeal – bear in mind that customers who aren’t engaging with your content directly are still aware of it and definitely observe how you reply to other shoppers. Brands like Wendy’s have generated tremendous good will and loyalty among Millennial shoppers by bringing a little attitude into their social media conversations – it’s more than okay to be yourself when your target customer appreciates authenticity.

Messaging apps are an increasingly important customer service channel, and it’s vital to ensure your company has the systems in place to field and respond to customer inquiries as they come in. When you’re just chasing sales, if a message or two slips through unanswered, it’s not great, but it’s not catastrophic. When you’re deliberately attempting to cultivate long lasting relationships, you won’t want to let that happen.

You Can Want More Than One Thing

The choice between increased sales and stronger customer relationships isn’t an all-or-nothing deal. There’s nothing wrong with running periodic price-based incentive campaigns. They generate excitement and are a nice way to reward your regular customers. That being said, it’s well worth it to invest the time and resources into developing the steady customer base so you can enjoy the profits without continually cutting into your own bottom line.

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Creative Director/Senior Designer

Tom DiGrazia

With over a decade and a half of professional design experience, Tom brings his knowledge of design principles and focus on user experience to every aspect of his contribution to TTG. Paying special attention to each client’s brand, personalized needs and individual interests, he strives to create compelling concepts utilizing intuitive and highly-refined design solutions. In addition to traditional and digital design work and oversight at TTG, Tom also boasts a wide portfolio of web development projects with the company, allowing him to stretch his CSS and HTML skills across multiple platforms and disciplines. He feels that being a designer in the digital landscape of websites, eCommerce solutions, email marketing platforms and social media, it is important to understand the code that goes into these areas as it assists his ability to tailor designs specifically targeted to achieve the best end result and further builds understanding and communication with backend development teams.

In his off hours, Tom is an avid pop culture enthusiast, staying up to date on the latest shows, films, comics and games. He can also typically be found taking part in a whole host of artistic activities that help him further stretch his creative legs. Regardless of the activity, Tom is always accompanied by his dog, Eli, and his cat, Tib.

Specialties:
Design, Photography, Illustration, Digital Imagery Manipulation, Wesbite Development

Platforms/Tools:
Photoshop, Illustrator, InDesign, Lightroom, HTML/CSS, Wordpress

Analyst/Strategist

Courtney Dumont

As Senior Marketing Strategist & Analyst at Technology Therapy Group, Courtney is energized by the ability to flex both her left and right brain daily. Courtney discovered her passion for Marketing at Bryant University, where she spearheaded research on students’ perceptions of Social Media Marketing for her Honors Capstone Project. After graduating Bryant in 2012, she joined the Technology Therapy team, where she’s honed her skills in social media, search and social advertising, email marketing, SEO, and more.

Since joining the team, Courtney has created digital marketing strategies and managed campaigns for clients across the country, ranging from plastic surgery centers, to jewelry stores, to construction companies. With a cohesive, cross-channel approach and a focus on data-driven decision making, she has increased their leads by up to 217%. But Courtney doesn’t leave her zeal for social media at the office; she also runs a local foodie Instagram account with her husband to document their meals across Rhode Island and beyond. Check them out: @hoppilyfed.

Specialties:
Marketing Strategy, Data Analysis, Google Ads, Facebook Ads, Social Media

Platforms/Tools:
Google Analytics, Google Ads, Facebook Ads, Facebook Creator Studio, Instagram, Klaviyo, Mailchimp, Emma Mail, Google Data Studio, WordPress, YouTube, LinkedIn, Facebook, Microsoft Office