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5 Best Ways To Market Your Local Franchise Business

This article will introduce you to five best ways to market a local franchise business. Local franchise business playing an important role in the country’s economic development.

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Market Your Local Franchise Business

When you have a franchise business, you are a part of a larger network of similar businesses, yet at the same time, you are located in a certain area with its own unique characteristics. This makes a franchise a unique business: global, national or regional, yet local at the same time.

To market the business successfully, you want to use all the advantages that you have. This article will introduce you to five ways to market a local franchise.

Local Business Franchise

1. Use the power of association

Typically, a franchise business has a proven business model, systems, processes, and has been around for some time. You want to use all of this in your advertising. Point out for how long the company has been in business, how many happy customers it has, and whatever other benefits and values it brings to the marketplace.

All of these are elements that non-franchise businesses in your area will most likely not have. Many franchises sponsor national and regional sports events and this gives you an opportunity to talk to fans in a way that business with one location simply can’t use.

2. Use the power of local

At the same time, a franchise is located in a local area and you should be using this fact, too. You can create joint ventures with other local businesses and become an expert in your field, no matter what the field is.

For example, if you have a coffee franchise, you can run a survey of the local residents about their favorite coffee flavors in the summer versus the winter and get free publicity by talking about coffee tastes of people who live in your geographic area.

You can also use your brick-and-mortar location as a hub for your customers. If you have a lot of parents with kids as clients, you can organize events for parents and kids.

3. Build a list of customers and prospects

It is likely that your company will be running its own marketing campaigns, but the issue with these campaigns is that the company simply has to create campaigns that will work for all the franchises, which means that the campaigns by definition will be generic.

You run the business in your area and this gives you unique insights into your customers and their preferences. For this reason, one of the best things you can do is build a list of your customers and your prospects and market to them directly.

To get started building a list, you need to create an attractive offer that you will give to your customers when they provide you with their information. It is quite possible that other franchise owners have tried such offers and know what works and what doesn’t.

Ideally, you would like to have as much information about your customers as possible, including email addresses, phone numbers, and physical addresses. Having this information would allow you to market to the prospects in a number of ways, including email blasts, direct mail, and ringless voicemails.

4. Follow up

As a company that combines the power of local and regional or national, you have a lot of opportunities to follow up with unique interesting content and offers.

You can talk about what is going on in your area locally, yet at the same time, you can tie your name to the big names that your franchise works with.

You may think that the connection between you, and, say, a national league that your franchise is sponsoring, is far-fetched, but you need to remember that your customers will not be comparing you to someone close to the league or team.

They will be comparing your connection to their own and it is most likely that your connection is much stronger and real than theirs.

5. Use marketing methods that your competitors are not using

Today, there are lots and lots of marketing methods that a business can use to promote its products and services. There is search engine optimization (SEO), paid search ads, Facebook ads, Facebook pages, Yelp, Google Reviews, GMB reviews, LinkedIn, direct mail, TV, radio, and much more.

Do not try and use anything and everything. Be strategic about what methods you use to market your services. While it may seem that there is a new website or online platform coming into existence every day, the phone can still be a really effective marketing tool.

One of the somewhat new technologies that you can use to market using phones is called ringless voicemail. The technology leaves voice messages without making calls directly, which means that it doesn’t annoy customers. This is one of the reasons that ringless voicemail is not the same as telemarketing.

With ringless voicemail, you can notify your customers about upcoming appointments, events, and special promotions. You can also drive prospects and customers to a website, ask them to call you back or put them through an Interactive voice response (IVR) to make them qualify themselves.

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Business

Influencing Consumer Decisions: Five Principles

An individual or organization’s consumer behavior is based on buying certain products and supporting certain brands. Behavioral, motivational, and psychological issues are the primary focus of this study area.

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Influencing Consumer Decisions Five Principles

An individual or organization’s consumer behavior is based on buying certain products and supporting certain brands. Behavioral, motivational, and psychological issues are the primary focus of this study area.

-Several psychological factors influence how a person responds to advertising, including perceptions, attitudes, and a general view of life.

-The demographics of the audience, including age, culture, profession, age, and background, largely determine consumers’ interests and opinions.

-A person’s social group influences how they shop. Education, income, and social class all play a role in purchasing decisions.

When conducting virtual product testing, you can influence consumer behavior more effectively by knowing consumer trends. Consumer habits and priorities change as businesses do. Today’s tastes are different from 10 years ago, and they will be different ten years later. It is important to keep consumer behavior trends in mind when designing and improving your marketing strategy.

5 Principles of influence

In his study of social influence, the researcher formulated six universal principles to understand behavior change. The principles can be used by businesses and consumers to understand purchasing behavior better and determine what strategies are most successful.

1. Reciprocity

Humans are often compelled to repay favors or reciprocate kind gestures. For example, the consumer might get a free product sample or a substantial discount.

2. Commitment

Engaged people are more likely to stick with something. The idea here is to cultivate brand loyalty; once someone has used a product or service, they are more likely to repurchase it in the future.

3. Consensus

The more people who do something, the more likely others will do it. Consumers are likely to buy into brands to demonstrate their popularity or satisfaction among a large customer base.

4. Authority

Experts tend to have listened to more than the average person. To convert new consumers, a relevant expert talking about the effectiveness of the brand’s product or service is more important.

5. Liking

Persuading a consumer to buy is more likely when the person is similar to the target consumer. It is far easier to convince consumers with similar characteristics – whether ethnicity, socioeconomic status, religious inclination, or common interests.

Conclusion

When companies are equipped with these five principles of influence, they can better navigate potential consumers and convert more sales. However, the long-run consequences of manipulation could spell disaster for the researcher as he warned against crossing the line between influence and manipulation.

Whether the principle of influence exists in a given situation should be an issue that people, companies, and marketers consider – that is, do they have to manufacture it, or can they discover it? Nobody wants to be a smuggler of influence and using the power and claiming to be an expert when they’re not will ultimately lead to negative results.

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