A monthly promotion can be a great way to boost your business. By offering a special deal on your products or services, you can attract new customers and increase sales.
There are many ways to create a monthly promotion for your business. You can offer a discount on your products or services, run a contest, or give away free products or services. choose the strategy that is best suited for your business and target your audience. Not every month needs to have an elaborate option – some months it may be as simple as something related to a holiday or event that you post on your social media, and other months it may be a themed sale or larger event.
Below are five steps to planning and executing your promotions each month.
Virtual Marketing Brainstorming Sessions
Join us each month as we use these ideas to plan for NEXT month.
Casual networking and brainstorming to generate ideas for your online marketing, social media and promotions.
3rd Monday of every month
VIRTUAL means you can join in your PJs if you want 😉
Uhhh yeah it’s really FREE!
Choose how you want to receive your reminders for this event by joining one of the groups below. This is NOT the location for the virtual event, *only for reminders*.
Click this link to join the email reminder list
Step 1: Choose Your Products or Services
Select one of your products or services to promote.
Selecting a product or service to promote can be difficult, but it’s important to think about what your target market wants and needs. For example, if you sell jewelry, it may make sense to promote pieces that are on sale. Or, if you provide yoga classes, it may be helpful to offer free classes during a certain time period.
It’s seldom a good idea to put your best sellers on sale though – or if you do, make it a once-a-year event that is looked forward to. You don’t want to devalue items in the eyes of your audience.
Whatever your business is selling, taking the time to research what’s popular and current in your niche will help you come up with the best promotion ideas.
Step 2: Choose Your Dates
Select when you want to hold the promotion.
Ideally, you would want to hold a promotion at the beginning and end of each month. However, there are other times when holding a promotion can be advantageous for your business. For example, you could hold a promotion during the holiday season to drive traffic and sales.
You will want a start date/time for your promotion or event, plus an end. You will want to choose these strategically and plan in advance so you can have enough staff on hand, if necessary.
It’s also important if you are a local brick and mortar business to determine if other events are happening in your area. This could be negative or helpful; if it’s bringing more foot traffic to your area, it can be a perfect time to hold a promotion. However, if you will be competing with a big event that will have the foot traffic further away from your business, that could mean a waste of your efforts, and a different date may work better.
Step 3: Choose Your Message
What message do you want to send to your customers about the promotion? You may want to promote a sale, offer a discount, or highlight a new product or service.
You can also choose to focus on customer satisfaction or thanking your customers for their business. Whatever message you choose, make sure it is clear and concise.
Promotion is a critical part of any business. It can help increase sales, attract new customers, and build brand awareness. But creating a promotion can be tricky. You need to make sure that your message is clear and concise, so that potential customers know what you’re offering and why it’s worth considering.
Step 4: Create Marketing Materials
Create flyers, ads, and webpages to promote your promotion.
Creating flyers, ads, and webpages to promote your promotion is a great way to get the word out there. Flyers can be printed and distributed in your local area, ads can be placed in local newspapers or online, and webpages can be created and shared on social media.
Each of these methods has its own advantages and disadvantages, so it’s important to choose the approach that will work best for your business.
One way to make promotion easier is to use social media as your primary marketing tool. Not only can you reach a wide audience quickly, but you can also track the effectiveness of your campaigns in real time. This information will help you determine which messages are resonating with your target audience and which strategies are more effective.
Ultimately, promotion is about finding the right balance between messaging clarity and creativity.
Step 5: Make Sure You Capture Contact Information
Promotion is important for businesses of all sizes. By consistently marketing your business to new potential customers, you will be able to increase sales and build a loyal customer base. By targeting specific demographics and offering attractive discounts, you can create a winning promotion that will help your business grow.
The key to success is capturing contact information from potential customers. This way, you can follow up with them and keep them as customers. All businesses need an email list, and requesting contact information in exchange for accessing your promotion can be a great way to add to your email list.
If you have a redemption code, for example, you can go ahead and send it to the people already on your list, and request that new prospects provide their contact information in order to receive the code. You can set most of this up easily in a platform like MailChimp. Just remember to never be spammy to your email list – keep your email communication informative and helpful.
Creating effective and successful promotions for your business can be a daunting task, but by following a few simple guidelines you can ensure that your efforts are well worth it. When creating a promotion, it is important to keep in mind the target audience and what they are looking for. Additionally, you should consider how you will be promoting the product or service and what type of media will work best for reaching your target audience.
Finally, make sure that your promotional campaign is consistent with the overall brand messaging and image of your business. By following these simple tips, you can create successful promotions that will help increase sales and grow your business!
Vicky is the CEO and Chief Creative Strategist of Vicky Wu Marketing. She draws from 30 years of experience at the CMO level, the CEO level, marketing for Fortune 500 companies and multi-million and multi-billion-dollar organizations, PLUS strategies learned helping startups and nonprofits with limited budgets … now focusing on providing SMBs with effective and efficient marketing strategies – giving them access to the same level of expertise as the really big guys with deep pockets, that they may not otherwise be able to access.