The Rise and Fall of Direct-To-Consumer

The Rise and Fall of Direct-To-Consumer

There’s mounting evidence that wholesale remains more profitable regardless of the mass shift towards the direct-to-consumer model due to Covid.

It’s been found that wholesale provides greater control, access to data, a higher revenue per item sold, and total gross margin when compared to similar businesses that utilize a DTC model. This can be further demonstrated when comparing these businesses’ EBIT (earnings before interest and taxes).

Contributing Factors:

  • Increasing competition – as more businesses migrate to the virtual space, more noise is created as more businesses bid for a share of voice.
  • Privacy – The inception of GDPR and CCPA regulations has limited the capacity for businesses to communicate unsolicited messages to potential customers. 
  • Ad blockers – due to the noise created by the increasing competition and bombardment of ads at various audiences, installing ad blockers have become more commonplace, making it harder for DTC brands to be seen. 
  • Returns and free shipping: e-Commerce spent its early years highlighting widespread “30-day return policies” and “free shipping,” which is taking a toll on DTC margins. 
  • The rising cost of ads – with more DTC competitors in-mark than ever before, the cost-per-click is skyrocketing. This can eat into the merchant’s profit margin or even exclude them entirely if their user acquisition cost is too high.

Although DTC profitability benefits from reduced rent and labor costs, other expenses add up over time. For example, fulfillment, logistics, heavier marketing, technology, and high returns. 

Ultimately, both DTC and wholesale have pros and cons, so it’s up to the brand to decide which model is best for their business.

Why are brands attracted to DTC in the first place?

The COVID-19 pandemic and subsequent lockdowns have created an environment of comfort and necessity around online shopping. People worldwide have adapted to “stay at home” orders that require many purchases to be made online. Even as the world starts to reopen, some of that online shopping behavior will remain. 

Additionally, DTC provides companies greater control over their brand, customer relationships, sales channels, and fulfillment. 

When does DTC make sense:

While wholesale has a clear edge over DTC when comparing EBIT most of the time, there are some situations where DTC makes sense. However, this often depends on the product.

To determine whether DTC suits a brand, two questions need to be answered:

  1. Can we accurately target the right customers?
  2. Are these customers happy to shop online and from a single-brand source, or would they prefer to shop in-store where there’s a variety of brands available?

If both of these questions are yes, it may be worth exploring a DTC model.

However, keep in mind that, based on data, only brands who also sell their products via bricks-and-mortar stores do well in DTC.

Support for Wholesale brands:

Talk to us today if you’re looking for a powerful way to utilize hyper-local ads to drive traffic in-store and pick your products off the shelves.

Why Local Marketing Should Be A Priority In 2022

Why Local Marketing Should Be A Priority In 2022

Local marketing involves businesses with a physical storefront or those who sell their products via retail stores using digital marketing strategies to target new and existing customers in the vicinity to drive traffic in-store. It’s also commonly referred to as “neighborhood marketing.” 

Having the ability to target locally can be potent if executed well. This article will highlight some of the most prominent benefits of including local marketing in your strategy for 2022.

1. Cost-effective

Paid hyperlocal ad campaigns are a fantastic way to target your local audience. However, there’s also a lot of other creative and cost-effective ways to generate visibility in a local area. For example, local directories, community pages, message boards, local newspapers, or events are great ways to get your business name out there. 

2. Highly targeted

Given that most customers choose to shop within 10 miles of their home, the geographic area that businesses need to focus on can be limited to that radius. This helps keep budgets down and allows retailers to focus on very clearly defined personas.

3. Attract more customers

With leaps forward in geo-targeted and hyperlocal advertising, it’s easier than ever to attract a crowd and add ‘buzz’ to your business by combining buyer intent and the customer’s location. This is one of the best ways to convert online and foot traffic into new customers because once a customer is physically close to your business, there’s a much higher chance of coaxing them into making a purchase, especially if you have introductory promotions available.

4. Smooth-out lulls

Many businesses experience peaks and troughs throughout the day. For example, a cafe might experience lunchtime rush hour but could be much quieter in the afternoon. In addition, scheduling location-based marketing campaigns helps to smooth out the flow of customers throughout the day. For example, it’s common to see restaurants or bars offer “happy hour,” which usually runs during the quieter afternoon hours from 3 pm – 5 pm.

5. Improved brand affinity

Having your local community as your audience means you will have a clearer understanding of their needs, wants, interests, and trends. This increased understanding will enable you to create marketing messages and promotions that will appeal to your community more meaningfully.

6. SEO implications

Search engine optimization and your organic search ranking are affected by many factors, but one of the most important is the number of backlinks your site has. Backlinks are external websites that link to your website. If you list your business on local directories and social media platforms, this will contribute to the number of backlinks to your site. For example, you are listing your business on Yelp, Facebook, Google My Business, and other directories.

Conclusion

Local marketing has many benefits for bricks and mortar businesses, including helping you reach new audiences, boost your search rankings and online traffic, and help establish your business in your local community. 

To support your local marketing efforts, Mobeo drives online traffic in-store with our suite of solutions, which can be customized to fit your individual business needs.

Talk to us today about how we can help boost your digital footprint.

Why retailers need to get on the mobile wallet steam train

Why retailers need to get on the mobile wallet steam train

Mobile wallet marketing is an effective way for brands to engage customers without installing any other apps or opt-in for notifications. To do this, the brand creates digital loyalty cards or coupons that customers can access and use on their mobile devices.

Mobile wallets present businesses with a new channel to communicate with their customers and improve brand loyalty. Urban Airship, one of the most powerful platforms in the world, reported that “Mobile wallets are now among the top four ways consumers prefer to stay updated on sales, offers, and coupons, alongside decades-old channels including websites, email and text/SMS.” 

However, it is still early days. Given that this is a very new marketing strategy, an average of 19% of consumers report noticing retailers implementing offers and loyalty programs in their mobile wallets, but this percentage is expected to skyrocket. 

So, you might be asking yourself, “what does mobile marketing involve?” and we’re here to answer that question:

1. Coupons

This allows businesses to create various promotions or coupons and send them directly to a customer’s mobile wallet to give them a nudge or encourage them to purchase from your store or location the next time they’re looking to make a purchase. Once the coupon is added to the customer’s wallet, the business can share updates about it through notifications.  

2. Location-based

Mobile wallet marketing allows businesses to send notifications and coupons to customers based on their location. This is done via hyperlocal ad campaigns or sometimes even geo-fencing campaigns. When the customer enters the vicinity of the business, the wallet sends a notification to the customer’s phone with a coupon, and clicking this notification redirects straight to the mobile wallet. 

3. Cashback

Cashback offers have become increasingly popular over the past couple of years. This is attractive to customers because they receive a rebate of the retail price when they purchase using their mobile wallets. In addition, this is a great way to incentivize repeat purchases and brand loyalty.

4. Notifications

Mobile wallets provide businesses with numerous notifications that they can schedule according to time, date, frequency, and other triggers like the customer’s purchase behavior. For example, notifications can be sent in a push notification, SMS, or in app-message. A lot of the time, the customer can manage the types of messages they wish to receive in the settings section, which helps ensure that they get to digest information in the way they choose to.

Now that you know how mobile wallet marketing works on a practical level, some of the benefits include:

  • Mobile-only experience: No need for printing or clipping coupons. Keeping the coupon digital and stored on the mobile device ensures it’s always accessible to the customer.
  • Right time and place: Because mobile wallet marketing can be geo-targeted, you can send reminder notifications about the coupons they have available when they’re within a set radius from that store. Research indicates that up to 63% of customers are likely to enter a store if they receive coupon expiration reminders when they’re nearby. 
  • Real-time offer updates: Due to mobile wallet marketing being an entirely digital customer experience, businesses have the power to update promotions and offers in real-time by simply pushing updated offers straight to the customer’s wallet. 
  • Personalization: Thanks to the highly detailed customer analytics with mobile wallet marketing, coupons can be targeted and personalized based on triggers such as previous products they’ve purchased, timestamps for when previous purchases were made, and more. This ensures that you’re delivered promotional offers for products that you know the customer already likes.

With more and more people using their mobile wallets, it creates a win-win between businesses and consumers. It gives customers access to the best deals while driving brand loyalty and repeat purchases. 

Mobeo offers the ability for businesses to create scalable, personalized digital coupons that are seamlessly added to shoppers’ wallets, allowing for online-to-offline conversions, driving traffic in-store. 

Talk to us today about how we can help boost your digital footprint.

Everything You Need To Know About Local Retail Marketing

Everything You Need To Know About Local Retail Marketing

What is local retail marketing?

Local retail marketing involves utilizing the “4Ps” (product, price, place, and promotion) to attract customers in-store and drive sales. 

Local marketing is vital because it’s likely that the vast majority of retail customers live within 10 miles of where they shop, so getting brand exposure to these people is crucial. 

Here are a few tips and ideas to help boost your brand awareness in your local area:

1. Understand Your Community

To connect with your community, you need to understand their needs and wants. Focus on understanding things such as:

  • What activities are popular in the local area?
  • How do people here like to spend their free time?
  • What is the demographic and psychographic makeup of the community?

The answers to these questions will help you create the right messaging and marketing activities.

2. Invest in Local Search Ads

As Adweek points out, 45% of all searches on Google now include local intent (i.e., finding nearby businesses), and 84% of those local searches result in a purchase.

For more information on local search, read our blog about “Hyperlocal Marketing.” 

3. Talk to local journalists

Media coverage is a great way to build credibility, trust, and brand recognition. It gains a lot of visibility quickly and has the added benefit of helping build your website backlinks and improve your SEO. Thankfully, this process is pretty straightforward (albeit a bit time-consuming). 

4. Consider exploring the wild side with Guerilla Marketing

Guerrilla marketing is a strategy whereby a company uses surprise or unconventional interactions to promote a product or service. It’s a type of offline marketing that uses public places to get the word out about your business. If executed correctly, it can be a great way to boost your store’s visibility in a fun and creative manner. A bonus is that guerilla marketing is usually pretty cost-effective.

5. Participate in or sponsor local events

Local events are a great way to connect potential customers, the press and gain backlinks to your website. So, if something is happening in your neighborhood that you think might be relevant to your business, find ways to get involved.

6. Your team can be your greatest asset

A happy workforce is better for business. That’s why companies should strive to keep their employees engaged and motivated. The key is to hire the right people and provide ample training and competitive compensation. This leads to happier employees who feel connected to the business and will perform at higher levels, which means better retail experiences for consumers and increased sales.

7. Leverage social media

Social media is a powerful marketing tool for gaining visibility amongst your ideal audience while engaging existing customers. Have strong engagement on social media; you need to do the following:

  • Post content regularly, which creates value for the reader 
  • Consider running paid ads
  • Use social media to help communicate your brand essence
  • Include hashtags to make your content more searchable

4. Leverage video

When used correctly, video provides an excellent way to showcase your brand and products. Video content should be:

  • Relatable: Feature people who look like your target customers and make them as relevant to the audience as possible.
  • Have a clear call-to-action: Mention the CTA in your video, add a link in the description or embed the link directly into the content.
  • Please choose the proper format and platforms: Decide which platforms to publish your videos where your target audience is most likely to see them (e.g., Instagram, TikTok, Youtube…etc.). Ensure the video length and file format suit the channels you’re publishing to. 

5. Focus on email marketing

Email marketing can be a highly effective marketing activity if appropriately executed. To set yourself up for success, make sure you segment your audience customers from non-customers so you can send “first-time offers” or “win-back” campaigns. 

6. Run a referral campaign

Referral campaigns are a great way to stimulate word-of-mouth marketing. Again, you can determine what structure works best for your business, but essentially, the idea should be to provide an incentive for your happy customers to spread the word about your brand to their friends and family.

7. Loyalty program 

Slightly different from referral campaigns, loyalty programs reward existing customers for their continued patronage—for example, discounts on subsequent visits, free products, birthday discounts…etc. Up to 77% of shoppers participate in loyalty programs and help consumers choose where to spend their money, so having a program set up will keep your business competitive.

Conclusion

Without focusing on local marketing efforts and strategies, your business can miss out on customer growth and loyalty. Local marketing is ideal for any business because it focuses on targeted marketing campaigns in a specific area. These tactics can help create customer engagement and loyalty.

As consumer experts, Mobeo understands how important local retail business is for a community. Customers want to support their local stores. We help connect the two through digital ad localization, which results in increased traffic and sales.

Talk to us today about how we can help boost your digital footprint.

Hyperlocal Marketing: The Bite Size Guide For Busy Marketers Who Want To Say Ahead Of The Game

Hyperlocal Marketing: The Bite Size Guide For Busy Marketers Who Want To Say Ahead Of The Game

What is Hyperlocal Marketing?

As the name implies, hyperlocal marketing is a strategy focused on reaching customers in your local area who are already motivated to buy your products. This “local area” is usually a few blocks or streets around your business. 

The primary purpose of hyper-local marketing is to increase face-to-face traffic to physical stores by targeting users searching “near” on their mobile devices. It also helps to promote your brand in specific locations. This is achieved by strategically placing the suitable ads in front of the right people at the right time.

When prospective customer types “coffee shops near me,” it’s most likely that they are ready to make a purchase. Reports also show that 78% of hyperlocal mobile searches result in an offline purchase. 

According to Google, mobile queries for “near me” and “where to buy” grew by 200% between 2016 and 2019 alone. It shows that the majority of searchers expect Google to consider their location when serving search results.

Why use Hyperlocal Marketing?

Businesses are fast adopting hyperlocal marketing because of its powerful results, particularly those without massive marketing budgets. 

Here are some of the benefits:

  • It makes it easy to convert local customers into paying clients.
  • Highly targeted audience targeting so less wasted ad spend. For example, ads will only be shown to people in your area who are interested or looking for your products.
  • Customers who perform hyperlocal searches have a high purchase intent.
  • It’s easy to set up, run and measure performance.
  • Great for building relationships with customers because it helps people in your area know that they can depend on you when they need a product or service you offer, which will lead to more repeat customers. 
  • Hyperlocal ads work in real-time, which increases conversion rates because you can provide promotional offers to people nearby who are actively looking for your services.

How does Hyperlocal Marketing work?

Before you start, it’s essential to think about your objectives. For example, are you trying to get more foot traffic to your store? Build brand recognition? Acquire more customers?

Once you know what you’re trying to achieve, you can choose why platform to run your ads on:

  • Local Search Marketing (Google Ads and Google My Business)
  • Directories such as YelpYellow Pages and more.
  • Nextdoor Local Deals: Nextdoor enables businesses to connect with verified residents based on their neighborhood, whether a few blocks or multiple neighborhoods from the business location.
  • Social Media Ads (Facebook, Instagram, Twitter…etc).
  • SEO and localized content (SEO-optimized blogs or content mentioning the hyperlocal area, so your business ranks highest in Google search results)
  • In-app notifications: if you have your own mobile app, there may be an option to push notifications to users nearby or who have registered their address.

Steps To Launch:

Here are the steps to follow to launch your ads hyperlocal ads:

  1. Identify your audience: Choose your geographic location and radius. You can then use tools like Google Analytics to get to know your audience better, such as their age range, gender, and more.
  2. Choose your social media channels: You can choose where you want your customers to see your ads. For example, GoogleFacebookInstagram, or display advertising on other sites. 
  3. Draft the messaging and ad images: You’ll need to make it enticing for users to want to visit your store. You can do this by using an eye-catching image, having a high number of positive Google/Facebook reviews, or including a promotional offer.

Keep in mind a few triggers the ad platforms use to identify people to expose your ads to. The three triggers include:

  • User search queries where they mention keywords related to your products or brand
  • Their search history (which shows purchase intent)
  • Behavioral activity (places your prospects have recently visited)

Campaign Pre-launch Checklist:

Once you’ve completed the steps above, you’re ready for launch!

However, before you send your ads to live, it’s crucial to get the foundations set up first to make sure your ads perform optimally:

  • Optimize your Google My Business page
  • Make your contact information easily accessible on your website
  • Create localized content for your blog and social media
  • Add local schema markup to your website
  • Make sure you’re using the right keywords in your campaigns
  • Target nearby events

Conclusion

Hyperlocal marketing is a great way to drive traffic in-store or to a selected store location. As we’ve seen, this form of marketing can reduce your cost-per-lead (CPL) and increase your return on ad spend (ROAS).

Mobeo helps increase ROI in-store and online, with our ads receiving up to 300% higher engagement statistics versus typical digital campaigns, with a lot less effort and budget. So no matter if you’re attracting new customers or working on keeping the ones you have, Mobeo has a complete solution that can be customized to fit your needs and measurable along the way.

Talk to us today about how we can help boost your digital footprint.

The Solution to Franchise PPC Cannibalization

The Solution to Franchise PPC Cannibalization

Franchise Marketing

The way that franchise brands typically structure and manage national pay-per-click (PPC) campaigns is concerning. Their focus is often too narrow and they ignore the advertising needs of their local franchisees.

Corporate marketing teams that manage local franchisee digital marketing campaigns are more likely to design and optimize in a way that doesn’t drive meaningful results locally. In fact, most brands have failed miserably in their attempts to get it right.

The thing that franchise marketing teams repeatedly fail to realize is that local advertising campaigns are almost always more effective. Locally optimized campaigns help both the franchise brands and local franchisees achieve successful outcomes.

Search engines have been consistent in their evidence on how powerful localized digital campaigns can be. According to a 2019 study from Social Media Today, 46% of Google searches seek local information.

Think of a national brand with local outlets, agents, distributors, and partners. Customers shouldn’t have to go to the brand’s corporate site to find where they can buy their products.

Instead, traffic must be directed into the local network. 

This article explores digital franchise marketing, its challenges, avoiding cannibalization, and the solution to achieve digital success for your franchise network.

The Right Way and The Wrong Way

Within franchise organizations, the following factors demonstrate how digital marketing problems typically emerge.

First, the only concern of franchisees is making money from their sites. Typically, franchise marketing teams have to balance two goals: driving traffic to local franchisees and generating sales via eCommerce or brand-owned sites.

Additionally, franchise brand marketers can only do so much to ensure brand consistency and compliance at the store level.

Most franchise organizations have Franchise Advisory Councils (FAC), Marketing Advisory Councils (MAC), or National Marketing Fund Councils (NMFC) that represent the franchisees.

Imagine that your franchise network has a national advertising fund that’s accumulated via franchisee contributions. It is likely to be controlled by a formal governance body. The advertising fund aims to build brand equity across the franchise system by using various marketing tactics, thus benefiting all franchisees equally.

But, digital marketing makes this tricky.

When national paid ad campaigns are funded by non-local budgets, this results in non-local optimization. KPIs – such as clicks, conversions, impressions – that determine optimization and spend are established based on aggregate data gathered from aggregate sources.

The advertising budget – and resultant performance – usually shift to more densely populated markets or strategies that perform well for most sites but may not work for local markets.

As a result, collecting meaningful data and optimizing all campaigns when national and regional campaigns are implemented is not always possible as campaigns are only optimized for performance nationally.

Consequently, campaign data represents a generalized audience with the most conversions occurring, without local idiosyncrasies. Brands will then often attempt to apply a strategy that represents only the results of some locations in larger markets to other, local markets without considering their unique challenges.

This approach is efficient, but it isn’t practical.

Also, a large portion of locations outside of a designated market area (DMA) will not be targeted correctly, which will result in poor marketing and wasting money. In particular, rural and small locations may struggle to generate a positive return on investment, depending on their industry and campaign design.

Many franchisees don’t receive leads or income from their local website or microsite, nor growth in foot traffic attributable to digital marketing. When corporate digital marketing managers are juggling hundreds or even thousands of campaigns, the quality of leads is inevitably impacted.

It is not true that all locations will be equally benefited by national advertising efforts – some franchisees will inevitably benefit more than others. This is a common experience across franchise organizations, and arguably the biggest franchise marketing problem brands face when executing local store marketing.

There is, however, an even bigger problem when franchisees don’t see regional and local campaigns or PPC campaigns tailored to their geography by corporate.

Franchise Marketing Goes Sour in a Big Way

So what happens next?

When franchisees aren’t seeing transparency in reporting or getting the results they want, their solution is to set up self-funded local campaigns.

Some will hire their local ad agency. Despite not being marketing experts, others will try this on their own. Can you blame them if they don’t get results from franchise-level marketing?

Even though their decision might be questionable, they’re business owners who have to worry about their success. 

However, the problem is often exacerbated when franchisees act independently without coordinating their strategies with the brand’s corporate marketing efforts.

Imagine a franchisee implements a local advertising strategy that’s independent of the national strategy managed by the franchise. If that happens, digital campaigns from corporate and local agents will be competing for brand visibility.

Further down the food chain, franchisees in regional or local markets will also compete against one another. This is franchise digital marketing cannibalization to the extreme.

It’s crucial to avoid your brand fragmenting and scattering. Siloed data, brand non-compliance, identity divergence, cannibalization, and other issues will all result.

A Closer Look at Franchise PPC Cannibalization and Tips for Righting the Course

By not synchronizing their digital marketing efforts, franchisees and franchisors risk wasting both national advertising and local marketing budgets. In the end, it results in a poor return on advertising spend (ROAS) for everyone involved.

So how can franchises prevent PPC cannibalization between themselves and their franchisees?

The best digital marketing plan focuses on defining targeted goals, selecting the right keywords, using effective geo-targeting, and leveraging customer data.

For franchisee networks to sync with one another, they need to develop distinct yet collaborative strategies that provide clear direction and goals.

Engagement and profit should be the focus.

All franchisee and franchisor campaigns should work together and complement one another, not compete with one another.

You can avoid cannibalization by following these tips to make sure both franchisors and franchisees benefit from the franchise marketing campaign:

Keywords 

● Franchisees should know what keywords to bid on and which to avoid. 

● Franchisees should avoid competing with each other and the franchise by using negative keywords.

● Segment brand search terms between national and local campaigns.

● Make use of longer and more location-specific keywords for local searches.

Geo-targeting

● Examine the geo-targeting used by the franchisees and the franchise. This should help avoid overlaps and prevent PPC cannibalism.

● Combining zip codes with radius targeting is recommended for granular targeting within each franchise territory for a targeted approach.

● If you are targeting more rural areas, be careful to avoid limiting the number of matching searches too much. This can cause low traffic, low performance, and volatility, leading to budget and conversion targets not being met.

● Franchisors should avoid competing for local PPC keywords and terms by correctly geo-targeting national campaigns.

● Set up your local and national campaigns to overlap with geo-targeting. This ensures that you are maximizing your keyword usage. To prevent cannibalization, you may want to remove zip codes from your keyword list if your keyword strategy contains an overlap.

Better reporting is an added benefit to geo-targeting, as it allows you to see your performance both as a whole and in segments.

Franchise territory overlaps

● Collaboration between franchisee marketing regions is especially effective in areas where territories may overlap. One example would be promoting the same offer in multiple local campaigns.

● Ensure that concurrent campaigns aren’t competing for keywords while assigning the zip codes.

● Establishing regional/cooperative advertising budgets and campaigns could be beneficial. A store budget set up at each store is the most efficient way to ensure equal treatment and ensure the customer who clicks within a store campaign is likely to purchase from that particular store.

● To show ads to people in the territory of a franchise store, you can implement targeting. 

● In overlapping territory, you might target people who are searching for a specific location online.

Location-specific ad content

● Writing locally relevant ad copy can encourage consumers to call or visit a specific local franchisee. According to Google, 4 out of 5 consumers want ad campaigns that are customized to their location.

● Ads should include language that is relevant to the region you are targeting.

Using this approach will eliminate customer confusion and ensure that competition does not arise.

In this scenario, specialized landing pages and call tracking numbers for local stores are essential.

The eCommerce pie should go to franchisees 

Consider a franchise brand that uses local and/or national PPC advertising to drive traffic to an eCommerce site instead of local store landing pages. There are still ways to ensure that the store gets credited.

For example, the franchisee may receive a portion of the revenue generated through the local search terms by using a tracking system.

The Ideal Situation

In an ideal world, local store PPC would work along with national programs, gleaning insights from the data from one program to benefit the other. The corporate marketing department remains responsible for strategic guidance concerning keywords, targeting, brand creatives, and messaging.

Franchisees will then be able to invest more in local marketing budgets and tailor their campaigns to fit the preferences of their locations. Also, local and national ad fund contributions will be transparently reported, so they’ll know exactly how their advertising budget is used.

There is no better franchise system than this one in terms of digital marketing. In the right hands, local PPC campaigns can outperform national brand campaigns. Moreover, they might appear higher in the SERPs since Google’s algorithm prioritizes local search results.

A key takeaway is to ensure your national and local paid campaigns are appropriately structured and managed.

Provide a national budget for stores, but give local stores options for budgets.

If a local campaign cannot be funded, encourage franchisees to use the same marketing platform or agency. The result will be complementary campaigns contributing to more effective franchise marketing.

Hyperlocal Marketing – The Key to a Successful Local Business

Hyperlocal Marketing – The Key to a Successful Local Business

New technologies and the development of new communication channels have changed local marketing. 

Today, instead of relying on inserts, small print ads, and banners to gain attention, we can use hyperlocal marketing techniques that target specific regions with pinpoint precision.

This type of marketing targets customers within a geographically limited area, usually a few blocks or streets, often targeting people who conduct ‘near me’ searches on their smartphones.

What are the Advantages of Hyperlocal Marketing

Reach the right audience

Advertisers who use hyperlocal advertising target consumers on mobile phones looking for products and services.

Typically, ads with strong calls-to-action (CTA) display the consumer’s phone number and current location. When the consumer clicks on the ad, the ad network receives their location details and sells the advertisement space to similar channels. This way, advertisers can reach more relevant audiences with more compelling campaigns.

Each advertiser can choose the channel mix that best fits their budget. The media mix may include conventional and local channels, small print ads, television, radio, newspapers, and pamphlets.

Connect with a larger audience

Hyperlocal ads can help small businesses reach as many people as possible within and around their business locations. Aside from reaching a large audience, hyperlocal marketing can also offer a tremendous return on investment. 

Brands can sponsor local events or use local influencers to increase their exposure to people who can shop at their business on the same day. Hyperlocal digital marketing can also generate online reviews for the brand, boosting its local rankings.

Another great feature of this kind of marketing is that it drives word of mouth, which leads to increased brand recognition in the local area.

The Key to Hyperlocal Advertising is Search

Local businesses can easily target local consumers through Google, local directories, social media, and mobile marketing. As a result, consumers can engage with local brands in ways never before possible.

In the past, people looked up a business in the White Pages when they couldn’t find its phone number, or they would search through the Yellow Pages to locate a specific type of business. 

Since search advertising has taken over, things have become very different in today’s digital world.

Search engines are crucial for local businesses that target a local audience but don’t have massive name recognition. With the help of search engines such as Bing Places and Google My Business, it’s easier than ever to find local businesses.

Google My Business allows local businesses to appear in two places on the first page of a Google search: Google Maps and organic Google search results.

Top Tips for a Successful Hyperlocal Marketing Campaign

To get the most out of your hyperlocal digital advertising, follow these best practices.

Search Engine Optimization (SEO)

Targeting relevant keywords is a good way for businesses to build their local SEO. You can also list your brand on multiple directories, such as Tripadvisor and Bing Places.

According to Google, people search for most information within 1km of their location. Google’s answer to this is their Neighbourly app, which organizes data the way people search for it.

Create Localized Content

Localized content can give businesses an edge and entice new customers. By making the content relevant to the customer base, it feels more personal and is more likely to attract customers. 

A way to create more personalized marketing campaigns is to use local stereotypes. 

As an example, summers can be stressful due to the excessive heat. Brands can make the most of the summer heat by creating and launching a campaign that promotes healthy chilled foods.

Retargeting

Businesses can use SMS, paid ads, and email campaigns containing compelling promotional offers to remarket to customers who show interest in their products.

You can also define retargeting by demographics and psychographics, such as gender, age, interests, and hobbies.

Geo-fencing

Businesses can target their ads in real-time to only people in a particular area with this technology. You can target a region as narrow as 1,500 feet, and as long as you like.

Social Media Business Tools

Both Facebook and Twitter have created small business divisions. While their approaches to reaching a business’ target audience are different, both show how brands can use their platforms to create content strategies, build a community, engage users and drive sales.

Putting it all together

Once implemented, these local strategies can help local businesses reach more customers, resulting in substantially increased profits. As a result, many brands are looking to hyperlocal marketing as the future of their promotional activity. 

Those who recognize the potential of hyperlocal marketing and become early adopters will be more likely to achieve and retain success.

Why Create Digital Tickets

Why Create Digital Tickets

Anyone who has traveled knows the hassle you have to go through for tickets and boarding passes. Other than being a complete waste of time, it is a nightmare if you forget them or misplace them. What if all your tickets are taken out of your wallet and into your put in your smartphone. This saves you the trouble of going to get them, the hassle of looking after them, and the aggravation when you lose them. This is what Mobeo offers through multiple Mobile Wallets (also know as Digital Wallet) with most smartphones already having them downloaded. It is a digital representation of information that might otherwise be printed on small pieces of paper or plastic. It allows users to store tickets, coupons, and offers as “passes” that can be viewed on their smartphones and other smart devices. They are “one-touch” downloads and used in multiple everyday situations.

It has rapidly changed the industry, especially the ticket markets where large companies are flocking to Digital Wallets. Customers can add your pass by either downloading from a link (URL), sharing it directly with one another, or scanning a QR Code, and save it on your Digital Wallet using it when you get to the place where a transaction occurs. With large brands attaching their name to Digital Wallet, its functionality is widening. Accepting Digital Wallet has been adopted by various airlines and professional sporting events.

Supporting customers by convenience and fast transactions while also helping businesses by better data collection and management Digital Wallet has distinct advantages. Now the only thing left is an easy way to develop and send your passes.

This is where mobeomedia.com comes in. With a uniquely designed interface, it mimics the easy-to-use interface that Apple (iOS) and Google (Android) supplies and adds analytical tools for the more tech-savvy users. Offering various packages, it is your choice to select the one most suitable for your business and growth expected.

Flexible Prices:

With different plans, you have control over the type of campaign your company needs. You can limit the passes and their distribution. 

Designing and customization:

With various designs, you can pick and chose the one which represents your brand. Tickets can efficiently be designed in which you can create your pass. This gives a creative edge to the usually mundane ticket-buying experience. With vibrant colors and logo options available on your passes, you can develop the brand image you desire. Even the most minor details can be edited with options to view your pass on your phone or send it to a demo guest. Using Mobeo, the power is within your hands.

Location-based services:

Location-based services are especially suitable for tickets. Your customers have their passes displayed on their home screens when they are near the business where it is accepted. This will help attract potential clients who prefer a service that incorporates mobile wallet service and an efficient Digital Wallet system.

Multi-Platform marketing:

The spread of your company will increase many folds with mobeomedia.com handling multi-platform marketing using SMS, email, push notifications, and social media. Along with that, the nature of the Digital Wallet makes it easy to share among friends. MobeoMedia.com also includes additional analytical tools and free consultation as a long-term partner to your business.

Mobile Wallets are still relatively new though being launched over seven years ago. With apps like Apple Wallet, Google Pay, and Samsung Pay, mobile ticketing will be cemented as the mainstream method for ticket purchases. Mobeo can be an essential partner providing you the tools you need to strengthen your position today and tomorrow effectively.