We Need Better Marketing
Marketing an Antique Store
Trying to market an antique store? It's a crowded marketplace, but with dedication and persistence, great marketing can help your business outperform larger competitors.
As a business owner, it's imperative to understand that your financial metrics are inextricably linked to your marketing capacity.
Staying on track requires attention to detail and a commitment to foundational marketing principles.
Do We Really Need A Logo?
The question of whether or not to create a logo for an antique store makes an enormous difference in your company's promotional impact. In tight markets, logos differentiate one company from the next. More importantly, a good logo can differentiate your value proposition from your competitors. Creating a unique logo is more difficult than it sounds. In addition to quality design, you need to be concerned about infringing on the proprietary rights of other logos in your industry and throughout the marketplace.
Price Matching
In a difficult economy, consumers expect businesses to engage in a certain amount of price matching. The principle is simple: Since pricing is a primary factor in product selection, your business agrees to match advertised competitor pricing. Without price matching, if they can locate lower pricing from a competing antique store, potential clients will abandon your brand in droves. Today's consumers are educated and informed. They use social media and other tools to identify the best pricing, making it imperative for small business to consider the value of a well-publicized price matching strategy.
Measurement & Evaluation
With a little more attention to details, antique stores may be able to increase the impact of their marketing tactics. However, there are no substitutes for measurement and evaluation mechanisms. Each marketing campaign should be subjected to quantitative analysis, paying close attention to the amount of new and repeat business it generates for your company. If a campaign or technique fails to meet your expectations, carefully evaluate the reasons for the failure and adjust your marketing mix accordingly. Simple quantitative tools are a good start. However, antique stores typically expand their knowledge base by hiring professional marketing firms.
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