gcrn w4 r presentation oct 2011 2
DESCRIPTION
A retail presentation done by Mike Root and Sev Ritchie for the NHFATRANSCRIPT
Presented By: Mike Root And Social Media Expert: Sev Ritchie
Questions to Consider…
How Can the Home Furnishings Industry
Effectively Use Internet Tools and Social Media to Attract More Customers Into Stores?
What are the strategies successful furniture retailers are using to create an online marketing system?
Topics we will cover today…
Versus
Get Customers
Right Now
Using Online Marketing
And Social
Media
The Easy Button to Get Customers
Into the Store from Online…
Social Media
Elephant in the Room
2 Big Advantages We Have Over Being a Retailer or
A Traditional Marketing Agency 1. Our Clients are Some of the
Most Successful Furniture Retailers in the Country
2. Mike and Sev Both Focus Primarily on Furniture Industry Marketing
What Sev and Mike know doesn’t apply to my store. They aren’t retailers or an
advertising agency
Besides What We Are Really Talking About Is How To Build A
Marketing System
Recovering Furniture Retailer
A Little Bit About Mike Root. . .
Photos are a way for customers to get to know, like and trust you!
A Little Bit About Sev Ritchie…
• Executive Vice-President of Web4retail
• Involved with internet marketing since the early 1990′s
• Has earned the prestigious C.E.C. designation, Certified E-Commerce expert.
• Is widely recognized as the North American expert in e-commerce retailing, email list formation, and Internet Marketing for the furnishings and home related industries.
Your Sales & Marketing Objectives
• To Bond With Buyers
• Identify Their Hot Buttons
• Present Products That Meet Their Needs
• Follow Through To The Sale
• Get Repeat And Referral Business
There Are Two Entirely Different Audiences For Your Marketing Message
1. Marketing To Bring In New Prospects
2. Marketing To Your Existing Customers
You Need to Talk to Each Differently
• Different Goals For Customers & Prospects
• Different Promotions For Each
For Prospects The Real Purpose of the Sale
Is NOT to Make the Sale
The Real Purpose of the Sale Is To Make A New Customer Who Will
Buy From You Time And Again
For Existing Customers, You Want To Maximize The
Selling Experience 1. Increase the Size of the
Transactions 2. Increase the Frequency of
Transactions 3. Increase the Referrals
You Can Be In The Transaction Business Where You Just Sell
Products To People
Or You Can Be In The Relationship Business Where You Develop
Ongoing Relationships That Lead to Additional Visits and Referrals
Need To Be Where
• Customers Are Spending Their Time
• You Can Target Your Prospect Directly
• Your Returns On Investment Are Measurable
• You Can Create A Personal Relationship With Customers And Prospects
A Retailer’s Dilemma: Where To Advertise With All The Choices?
That Is Not Traditional Mass Media!
Three Big Problems Mass Market Media
• Ineffectiveness of mass media to deliver in a cost effective way customers that are looking for your product.
• There is no accountability with TV, Radio, Newspaper and the Yellow Pages for what media is delivering you what customers.
• Traditional Mass Media Does Not Appeal To the Younger Generations. They Have Facebook, YouTube, & Google.
Why Social Media?
• Over 600 Million Facebook Users • Average user spends 25 hours a month online • Fastest Growing Segment is Aged 55 and Up (Second Fastest Growing is 35 and Up) • Facebook fans spend on average $71.84 more money
Consumers are Interacting In Social Media
Demographics Favor
Social Media Generation
Social Media is all encompassing from search engines to social networking to reviews
Of Course Social Media is a Great Place To Communicate with Your Customers
#1 way to make your marketing message stand out
The Power of Personalization
You Know from your Retail Store Personalization is Key
The Success of Social Media is all about PERSONALIZATION
The real purpose of
developing a robust
Online & Social Media
marketing system …
Let’s Get Started With Some Knock Out Strategies To Fill Your Stores With Customers
Step 1: Create a List with Name Capture from Retailer’s
Website & Facebook Page
#1. Request Contact
Information Directly On
Your Website In Exchange
For Some Offer
Step 2: Capture Contact Information in a Robust Database…
Step 3: Make a Big Bribe to get prospects
from online into the store
Step 4: Communicate with Prospect Immediately
to Encourage Usage of the Offer
Step 5: Communicate with Prospect to Build a
Relationship to the Store
Facebook Fan Pages
Step 6: Tie All This Personalization into an Active Facebook
and Social Media Presence
Teach Your Customers
About Your Store
Step 7: Use Facebook to Build a List and Brand Your Store
Name Capture
Box
Step 8: To Be Successful In Social Media
Someone Has To See Your Message
It’s a whole New language
• Liking
• Friending
• Sharing
• Following
• Favoriting
• Referring
Step 9: Coordinate Online Marketing with Social Media Marketing For Maximum Exposure to Prospects
and Customers Looking to Buy Furniture • Facebook Posts
• Twitter Tweets
• YouTube videos
• Customer Reviews
• Google Places
• Design Tips Online and Emailed
• Social Media Outposts like Yahoo, City Search
• Reputation Management
• Blogs
• Online TV show
• Online Coupon Offers
• Personalized Web pages
• Mobile Phone Accessible
Personalize Your Online Personality
We have our own Web TV show!!!
Step 10: Customize a Facebook Fan Page Utilizing The Content a Furniture Retailer Already
Has Developed For Their Website
What You Should Consider in Social Media…
•Facebook Fan Page Set Up
•Twitter account tied in with Facebook Fan Page
•Google Places is set up and optimized
•Other Social Media outposts as necessary including
Yahoo
City Search
You Tube
•Analytics and metrics reporting and monitoring
But there’s more than just setup… Online Relevant Monthly Content is Critical
Utilize existing web content with status posting to Twitter and Facebook
Links back to website
Photo uploads
Video uploads
Proprietary Company information circulated throughout the month
• Logo uploads
• Mission statement
• Customer pledges
• Company mottos
• Customer Guarantees
• Store Tag Lines
• Customer Testimonials
Google Search for FURNITURE SALES
4 Times page 1 845,000,000
search results
Here’s What Social Media Can Do For You On Search Engines…
8 Times on Page 1 •Google Plus •MikeRoot.com Blog •LinkedIn profile •Furniture Today Blog •Facebook •Link to Furniture Promotions videos •2 Different Pictures
To Get The Slides and Notes of
Today’s Presentation Go to
www.FurnitureSecret.com
Free Video Seminar on How to
Get Customers Right Now Online. com
www.GetCustomersRightNowOnline.com