Friday, September 4, 2009
Easy Steps to Increase Brand Awareness in Small to Midsize Businesses
What is Digital Signage?
Digital signage is a kind of electronic display that shows advertising and other information. As you might have guessed, they are not really signs but rather LCD, LED or plasma display screens that are often found in places like shopping malls, movie theaters or the grocery store. While digital signage is also found outside like normal billboards, the cost of advertising on huge outdoor screens is often too expensive for small and midsize businesses.
The primary reason that digital signage is such an effective brand marketing awareness strategy is simple: it helps businesses deliver the right message to the right people at the right time. These brand strategies have also proven to provide a superior return on investment when compared to traditional advertising.
Find your Audience
The key to any digital signage campaign is to identify your targeted audience as well as the places they frequent. This may be shopping malls, retail stores or even grocery stores. Once a company has made these determinations, they must then decide on a message. Every consumer can quote a number of their favorite slogans or jingles that they identify with a particular company, and it is this message that is essential to brand building. The message may take the form of a catchy slogan or simply a convincing argument as to why a consumer should avail himself of your services.
Benefits
Though it is a relatively new marketing strategy, digital signage has proved to be one of the most effective brand strategies for small and mid size businesses. In fact, many companies who have chosen it as their primary brand building strategy have seen a substantial increase in sales that can be directly attributed to in-store messages. What this means is that shoppers that belong to their target audience saw their message, responded to it, and then decided to purchase their product. It also means that the company made sales that they would not have otherwise made without the help of digital signage. We know this because many people who watch digital signage messages admit to making unplanned purchases. That is one of the reasons why it has proven to be such an effective brand marketing awareness strategy for smaller businesses.
In conclusion, while digital signage may not turn your company into Pepsi Cola overnight, it has proven to be an effective brand building strategy for small and mid size businesses. It not only allows them to reach their target audience for a relatively modest sum, but it also gives the opportunity to speak to them while they are shopping.
Tuesday, July 21, 2009
How To Effectively Promote Your Small to Mid Size Business
One of the issues that many small to mid size business owners have is their ability to promote their business. Most business owners understand the importance of:
However, most business owners don't have a true understanding of how to effectively promote their market or have an extensive marketing budget to help promote their business and the products or services that their business can provide.
The answer is much easier than you might have anticipated. The first rule to quality promotion is to understand the concept that good promotional activities are those that give knowledge, appreciation, and recognition to your clients as well as help to increase your business visibility.
Recently, The University of Indiana, in Bloomington, Ind. installed Digital Signage throughout their main campus to promote their school mission statement, promote and recognize student efforts, and increase their student's exposure to programs and services. "Digital media is not only modern and eye-catching to students, but it's less of a hassle than printed materials," said Aaron Sudduth, senior system administrator of IU's Auxiliary IT Services. "It's evident that the marketing departments have been able to reduce the cost of printing, and the real return has been on getting information to students and staff much faster."
The University of Indiana in Bloomington, as well as Ashland University in Ohio and other school agencies around the globe have figured out how to promote their business in addition to reducing marketing cost, increasing communication, and furthering their commitment to their students.
The one component not mentioned in the above paragraph is how businesses are using Digital signage to promote their business messages at researched best times. By delivering the right message at the right time, small to mid size businesses are to turn prospective customers and good customers into even better-spending customers. Digital Signage is a promotional monster that has proven it's worthiness by its ability to up sell, cross-sell, and effectively engage and influence customers. Businesses who are utilizing this digital display device have quickly learned how to promote their business using this silent salesperson , thus reducing their marketing budget and the costs associated with hiring expensive marketing agencies.
