Ch. 8: Advertising - PowerPoint PPT Presentation

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Ch. 8: Advertising

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Don't change the ad style or concept just because you are tired of it; the customers may not be. ... Charity nights. Celebrity appearances. Themed costume days ... – PowerPoint PPT presentation

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Title: Ch. 8: Advertising


1
Ch. 8 Advertising
  • Why you have to WOW your customers
  • The basics of advertising
  • How to choose the advertising medium(s) you will
    use
  • Inexpensive ways to advertise on a tight budget
  • How to create a successful promotion
  • How to build fun into a promotion
  • The value of a promotion checklist

2
Turning Negatives into Positives
  • Whoever gets the complaint owns it until it is
    resolved.
  • Never fight with a customer hear them out
  • Address the problem immediately.
  • Let your make-up offer be a WOW!
  • Recognize the lifetime value of the customer.
  • Turn the WOW into WOMA Great word-of- mouth
    advertising.

3
Retail Advertising Content
  1. The name of the store
  2. A brief slogan or signature line
  3. A positioning statement that explains what the
    store is all about
  4. Contact information (address, phone, Web address,
    etc.)
  5. Dates of the event (if advertising a particular
    sale or promotion)

4
The Rules of Pulling Power
  • The more specific the ad, the better it will
    pull.
  • Features tell, but benefits sell.
  • If the merchandise is better (higher-end), the
    ad must be better (classier, more
    sophisticated).
  • Beautiful, award-winning ads dont always pull.
    Just because its pretty, cute, or clever does
    not mean it actually prompts people to visit the
    store and/or buy.
  • Dont change the ad style or concept just because
    you are tired of it the customers may not be. It
    takes time to build up recognition.

5
Newspaper Placement Options
  • In big-city dailies
  • Regional or zone editions
  • Special sections
  • Weekly sections
  • Multiple, rate saver ads
  • In other publications
  • Weekly suburban or
  • small-town papers
  • Regional newspaper
  • groups
  • Shoppers
  • Magazines

6
Types of Promotions
  • Competitive
  • The bests
  • In search of the (store name) woman/man
  • Running/walking events
  • Bed races
  • Ugliest gift
  • Art shows (for kids or adults)
  • Non-competitive
  • Book signings
  • Lunch at or on the store
  • Hosting seminars
  • Using store as meeting place for groups, clubs
  • Charity nights
  • Celebrity appearances
  • Themed costume days
  • Open house/trunk show/demo day
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