Marketing My Business

Marketing a Knives and Cutlery Retail Business

You have to be light on your feet to stay ahead of the curve these days, especially when you're promoting a knives and cutlery retail business. We have the information you need to create a nimble, yet effective marketing strategy for your business.

In the current economic climate, one thing separates thriving knives and cutlery retail businesses from companies at the bottom of the food chain.

What to know the characteristics that distinguish leading knives and cutlery retail businesses from average companies? It's strong messaging. And if your marketing vehicles aren't crystal clear, you could become a casualty of the marketplace.

Coupons

Think you know all there is to know about coupling? Maybe not, at least when it comes to using coupons for knives and cutlery retail business advertising. Although there are various ways to utilize coupons, the universal objective is to increase traffic, revenue and market exposure. Many knives and cutlery retail business marketers leverage couponing to entice first-time customers to make initial contact with the brand. If you aren't familiar with coupon marketing, navigating the creation of the fine print can be challenging. Consult a marketing professional for guidance.

Staffing Expertise

An effective marketing strategy meticulously delegates tasks to capable stakeholders. For many business owners, in-house staffing is attractive because it can (theoretically) be performed by current employees and can give the owner more control over the process. To maintain marketing momentum, many knives and cutlery retail businesses enlist the assistance of external marketing professionals. In addition to delivering a better overall outcome, marketing firms bring an objective perspective to your strategy and key messaging.

ROI

Good marketing is expensive. You can't afford to waste money on ineffective tactics for your knives and cutlery retail business.

Mailings and other direct B2C/B2B channels can deliver decent ROI, but only if the lists are accurate, up-to-date and targeted to your market segment. For filtered and sorted mailing lists, you'll want to work with one of the direct mail industry's leading list providers.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary