Niche Marketing Strategies

Marketing a Hammock Retailer

There is little room for error in marketing a hammock retailer in today's economy. Fortunately, we have the information you need to stay ahead of the curve and outperform the rest of the field.

A single characteristic divides today's best hammock retailers from the ones that are struggling to keep the doors open.

Hammock Retailer

Marketing increases the brand footprint of a hammock retailer using a carefully crafted mix of techniques and tactics.

Directories

Directories are a common tool for finding a hammock retailer. Directory selection is often dictated by the market when promoting hammock retailers in a region or territory. Premium directories may or may not deliver the ROI you expect to receive from paid marketing vehicles. Regardless of whether it is a premium or free listing opportunity, every directory needs to be evaluated on its own merits. Some directories may also let you list more than your name and contact information, so be sure to ask whether your listing can include a logo and other information about your business.

Why Branding Matters

Think of branding as a consumer shortcut. Since the average consumer doesn't have time to thoroughly evaluate every product that crosses their path, they make buying decisions based on the brands they trust. Any and every hammock retailer possesses brand value. Consumers can view your brand either positively or negatively, but either way they have an impression about your business identity. Although the competition for market visibility may be fierce, a branding initiative can quickly scale your promotional footprint to compete with anyone in your geographic or demographic market sector.

Niche Marketing

Niche marketing is strategy that focuses on a subsection of the larger market. This can be especially useful for hammock retailers that hope to dominate a geographic of demographic wedge of the marketplace. Niche marketing isn't new. It's been around for years and has proven to be most effective for firms that understand their key strengths and core audience.

As a side note, it's important to customize your marketing tools to accommodate a niche strategy. Leading mailing list providers can filter contacts for more cost-efficient and effective direct mail campaigns.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary