Category Archives: Traditional Marketing

Target Audiences

Target Audience – 3 Need-to-Knows

Marketing is all about connecting with people – you must listen to what they want or what problems they face that need solving, and be the business to provide the solution they’ve been pining for. Before you can swoop in and save the day, your business must first know who your target audience is, what they are saying, and how to reach them with your solution.

 

What a Target Audience Is

Target Audience – the demographic of people most likely to want your product or service. Essentially, these are the people with a problem that your product or service can help them with. When you think about it, we’ve all been doing this for ages. Back in your young days, did you ever ask your dad for permission to do something because you knew that your mom would say no? Classic case of targeting your message to the right audience for the best result.

Definition of Target Audience

The scope of target audiences varies greatly from wide to narrow. For example, let’s say you own a specialty dog boutique with high-end supplies for the die-hard pooch enthusiast. Your audience is going to be narrower than that of a general pet supplies store that is geared towards a wider audience of pet owners, from cats and dogs to parakeets and gerbils.

Or perhaps you own a car dealership that specializes in expensive luxury sports cars. This product will need to target a sliver of the consumer population that can afford that price tag, such as business men in their 40s or 50s that make over $250,000 a year, vs. your local pre-owned car dealership.

Regardless of what your company does or produces, every business needs a target audience and a strategy for how to reach them.

 

Why your business needs a target audience

Why are target audiences vital to the success of your business? To market or advertise your business, you first need to know who you want to reach and where to find them.

If you’re thinking to yourself “Why would I limit my audience to a small group of people instead of sharing what my business has to offer with the entire world?” you are not alone. While on the surface that may sound like the more logical explanation – to include everyone – when you have a defined marketing budget that isn’t labeled “sky’s the limit” (psst…none of them are) you need to work smarter, not harder, to reach people.

Work smarter, not harder, to reach your target audience

By defining your target audience and marketing to the people you already know would potentially be interested in buying (or at least learning more about) your product or service, you are able to:

  1. Craft your message to speak to them directly
  2. Make a relevant connection between a potential consumer and your brand
  3. Focus budget dollars on mediums you know are more likely to reach your audience

 

How to find your target audience

You know what a target audience is, and understand the importance of defining it for your business. What now? Go out and get it! Thorough market research is key here, whether that means hitting the pavement to do your own legwork or gathering data from research companies or resources.

Ideas for market research include:

  1. Experiments or trials
  2. Focus groups
  3. Interviews
  4. Observation
  5. Product pricing
  6. Social media insights
  7. Surveys
  8. Website analytics

The goal here is to get to know your potential consumers, what problems they experience, what they do about them now, and how your product or service can make their life easier. Learn the ins and outs of where they get their information and outline game plans for how to best reach them.

Is your product an online project management program for small businesses? Chances are your audience is more likely to be reached through digital marketing – website, blogs, online ads, email marketing, etc. – vs. more traditional methods that may be more fitting for targeting a specific area with offers for your local supermarket – print ads, direct mail, TV commercials.

Need a helping hand to define your target audience and develop a marketing plan for how to best reach them? That’s what we’re here for. Our team at Stray Media Group would be happy to meet with you to determine where your business is and what we can do to help you grow. Learn more about our work and how we can take your marketing to new heights by contacting us today!

 

 

Traditional VS Digital Marketing

Marketing Smack Down: Traditional vs. Digital

When it comes to your marketing strategy, how do you know where your efforts and budget will be best spent? With countless options available in both the traditional and digital marketing worlds, it’s best to weigh the pros and cons of each to determine what will be best for your unique business and budget.

Traditional Marketing

What is it?

Traditional marketing’ – also referred to as ‘outbound marketing’ – is the oldest form of marketing. This method relies on one-way communication to share a message with an audience.

Examples include:

  • Print – print ads, magazines, newsletters, brochures
  • Direct mail – post cards, catalogs, fliers
  • Broadcast – radio, TV

Pros and Cons

Pros of traditional marketing: Traditional marketing allows you to reach a high number of people with your specific message or promotion. This can be an extremely efficient way to blanket an intended area or audience with what you have to offer.

This method of marketing also provides you with the opportunity to give potential customers something tangible to touch and feel, physically connecting them with your brand. When done well, these materials can give them a great impression of your brand that will have a long-lasting effect.

Cons of traditional marketing: Because it relies on one-way communication, this method of marketing is more direct and less personable, lacking the ability to establish a trusting relationship or an open dialogue with potential customers.

Generally speaking, traditional marketing tends to be more expensive overall than digital alternatives, and the platforms on which many of these materials are featured – such as newspaper and cable TV – have seen a steady decline over the years.

 Digital Marketing

What is it?

Digital marketing’ is the newer kid in town. This umbrella term encompasses all of your online marketing efforts and is heavily focused on fostering two-way, open communication with existing and prospective customers.

Examples include:

Pros and Cons

Pros of digital marketing: An online presence is a must in today’s world. Everything from the way people shop to how they work has shifted to the digital side. Digital marketing allows you to take advantage of this by connecting with people where they are. Plus, with digital you are able to better target your audiences and drill down to people’s likes, dislikes, online searches, demographics, location and more.

Digital marketing is an extremely cost-effective method because it does not rely on the production of tangible pieces, such as magazines or brochures. In addition to the cost to produce and promote digital content being substantially less than traditional methods, the results generated from your digital spending and efforts are more quantifiable.

Cons of digital marketing: The extremely rapid pace at which digital marketing methods and best practices evolve is enough to make one’s head spin; what was hot at 1 p.m. may not be so hot at 2 p.m. This fast-paced flow requires businesses and marketers to continuously and diligently research, test, and implement the latest and greatest to stay relevant.

Because digital marketing focuses on two-way communication, building trust and relationships with people, businesses have to be immensely attentive and cautious. Solid customer service has always been essential to the well-being of a brand, but with today’s digital world one disgruntled customer can publicly shake up your brand’s world in seconds flat. Authentic and helpful responses in a timely manner are essential.

 

Balancing the Two
Overall, the whole point of marketing is to connect with people at the right time and place. These two methods do exactly that, each in their own uniquely effective way.

An important and still relevant component to a well-rounded overall strategy, traditional marketing will always continue to serve an important purpose for businesses. The key to success here is to ensure you’re using these tried-and-true methods to the best of their ability – know what mediums your audience uses and craft your message appropriately for the platform on which it is shared.

On the flip side, it has become evident in recent years that your marketing strategy must include a digital/online presence to stay relevant and ensure that potential customers can easily find you. Meeting people where they are, helping them easily find you, and being a useful resource will prove beneficial to your business, regardless of your target market or industry.

 

Looking for some guidance as to what your marketing strategy should include? We recognize that every company has its own services, audience, and goals, and that it is essential to understand that what’s best for one business won’t always be right for another. Our team is here to help you craft the perfect plan of action. Get hold of us today to discuss how we can help you build and implement it.

 

‘Tis the season! Make the most out of your marketing efforts this holiday season.

Holiday Marketing 101

‘Tis nearly the holiday season! From Halloween and Thanksgiving to Christmas and New Year’s, this festive time of year has a magical way of bringing people together. Fond memories of pastimes with friends and family, unique traditions and delicious recipes seem to flood the mind and evoke strong emotions in us all.

Arriving before we know it, these upcoming festivities are a perfect opportunity to engage with your customers on a more personal, human level, as they allow us to communicate in different ways that people truly connect with. What is your business doing to make the most of the year’s most celebrated dates?

Here are some ideas to get the gears turning for how you can engage your customers this holiday season:

Give Back 

People love helping people. It makes us happy to positively impact the life of another. Give customers an insider look at what charitable activities your company or its employees are passionate about. This is a great way to shine a light on the human element of your company, and spread the word about worthy causes near and dear to you. Fundraisers are also a good way to do this, and depending upon what kind of business you run, may provide the opportunity to get people in your door and keep your brand name top of mind, all in the name of giving back. It’s a win-win!

Spread the word about charitable activities your company participates in.

Build Connections

Social media is all about connecting with others and sharing thoughts and ideas – it’s all in the name! A social company is a likable company. Build connections that turn into loyal followers and customers by sharing what makes your company what it is. Share Katherine from the graphic design team’s favorite holiday dish that is always a hit at the office. Post a picture of Bauer the friendly office dog in his Thanksgiving ensemble, because adorable. Show a day-in-the-life series of photos featuring Ian, the boss of the applesauce, on Halloween while sporting his classic Elvis costume. The possibilities are endless here; what it comes down to is sharing a piece of who your company and its team really are to build connections with people.

Share fun, engaging photos that show a human side to your business.

Holiday Campaigns

During the holiday season, it tends to seem as though some companies are bombarding consumers with commercials, jingles, emails, and everything in between, but some businesses hit the nail on the head this time of year with campaigns that are relatable and evoke emotion in viewers. These 18 Brilliant Examples of Holiday Marketing Campaigns from HubSpot are some fabulous demonstrations of companies getting it right. Not only are they eye-catching and clean, but they go deeper to relate to consumers and do things like transport them to a place from their past, inspire creativity, and so much more.

High-quality, branded holiday campaign pieces.

Greetings and Gift Giving

Whether you’re a B2C or B2B company, there are countless options out there to spread a little holiday cheer. Share a personal message of appreciation with a beautiful, custom greeting card. Find that perfect gift that everyone on your shopping list will enjoy. Big or small, a little greeting or gift giving goes a long way to remind customers how grateful you are to have them and recognize their loyalty.

Custom greeting cards spread holiday cheer.

Whether you’re looking for a full-blown holiday campaign, an extra holiday season boost on social media, or that perfect gift to give your most loyal customers, we’re here to help you succeed. At Stray Media Group, we specialize in creating beautiful pieces that are targeted and result-oriented to help spread your message across multi-media platforms and attract customers. Contact us today to get started!