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Posted by Sherry Howell on January 13, 2022
When you’ve been in this business a while, you’ve undoubtedly tried a lot of different promotions and special offers. But over time, it can be easy to get into a habit of doing things the same way.
Sometimes it makes sense to go “back to the drawing board” and reinvent new ways to sell and promote your business. To help you do that, we put together this list of five simple, low-cost promotion ideas that can help you boost your creativity and your bottom line. Try one, combine them, or use these as a starting point for your own creative magic, and go forth and conquer the world!
You can get a lot of traction on social media if you play up random holidays and promote contests or special offers. You can find lists of obscure holidays online or use the ones in the Facebook Business Manager calendar. Or, just make up your own and promote it on social with some fun, witty posts to drive engagement. Here are a few to get the creativity flowing:
Sure, you have a bank of gift cards stacked at the guest services counter, and your business likely saw a boost in sales of gift cards during the holiday season. It’s not just because the holidays were here. People always need gifts. But at the holidays, we tend to think more creatively about gifts and experiences.
How can you leverage that thinking at different times throughout the year and maximize your return on the marketing and promotion investment? Often, operators fall back on simple gift card sales strategies like $25 in play for just $20. Yes, it’s simple, but is it as effective as it could be?
I always go back to a few of my favorite Panera gift card promotions. The first is “buy a $50 gift card for 20% off.” Panera earns an immediate $40 in revenue, and the guest receives $50 in value. My average Panera lunch costs me about $13, which means I’ll visit four times and pay about $42 for those four visits.
But other times, Panera will offer the same $50 gift card but with a $10 Bonus Card. To a buyer, these are essentially the same offer. As a buyer, I see that I get $10 in value for free. Winning! For me, now I have $60 in value, which means I’m visiting at least five times, and Panera earns $55 for what amounts, to me, as the same offer. And they’ve got one more chance to offer me the $1 add-on pastry, the coffee subscription, or the new macaroni and cheese sandwich, and so on. And let’s not forget that I’ll invite others to join me at least half the time, thus making my customer relationship even better for the business.
Look at how you currently sell gift cards and develop a new approach to boost gift card sales and customer relationships.
Think about groups within your community that you want to recognize, like healthcare professionals, local police, fire and rescue, or teachers, and show your appreciation in a unique way. For example, McAlister’s Deli gives local police personnel free soft drinks when they visit. While you might think they’re losing $2.99 each visit, remember that this offer helps keep McAlister’s top of mind for those groups, they’ll come with friends who pay for drinks, and McAlister’s is building community goodwill and brand recognition.
If you’re offering a new menu item, be sure to highlight it in your online and in-store marketing. Leverage social media, email and text marketing, digital and in-store signage, and receipt text to help get the word out. Don’t forget to prime team members to talk about the featured item with every guest in your cafe or at point of sale stations.
If you offer memberships or loyalty rewards programs, be sure that you’re continually thinking of ways to increase repeat business and perceived value for your audience. Send targeted marketing campaigns inviting members to attend a special event or take advantage of exclusive offers. Every message should contain a clear call to action and allow buyers to purchase items in-store and online. If you’re not already marketing to these audiences, consider creating a plan to engage with them on a basis you feel like you can do consistently, even if it’s only monthly to start.
Hopefully, this quick list has inspired you to dream up new ways to wow your audience! Use them alone, combine them, or scrap them all and start fresh. Happy marketing!
Do you have a creative idea to share? If so, we’d LOVE to celebrate you! Send us your unique ideas for the possibilities of praise, shoutouts, and maybe even gifts! Share them in the comments, on social, or by email to Sherry Howell at showell@centeredgesoftware.com.
Topics: Business Growth, Marketing Tips, Profitability
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