June 1, 2020  
 
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Marketing an Ivory Gifts Business

It's becoming more and more difficult for ivory gifts businesses to rise above the clamor of the marketplace. Innovative marketing strategies may be your best bet for out-promoting -- and outperforming -- the competition.

A single characteristic divides today's best ivory gifts businesses from the ones that are struggling to keep the doors open.

In this industry, long-term survivors build their strategies around a core of marketing essentials.

Cost Tracking

The economy is a constant concern for people who own an ivory gifts business. You can't afford to waste money on inferior marketing resources. Since every dollar counts, it pays to buy mailing lists from trusted vendors. A solid mailing list minimizes the risks associated with stale leads or leads that fall outside of your marketing parameters.

In addition to purchasing first-rate mailing lists, we advise our business partners to carefully track the costs and returns for each of their marketing channels. If a specific marketing channel fails to meet your expectations, consult with a professional marketing firm about how to make the channel more productive or eliminate it from your marketing mix.

Discounts

People like to feel like they're getting a discount, so not surprisingly ivory gifts business consumers fit the pattern and factor discounts into their spending decisions. Orchestrated discount programs communicate value because they create the perception that the customer is getting more for less. However, for consumers located in the ivory gifts business sector, value discounts need to be attractive when stacked against the competition. For better results, consider rotating the products you discount to incentivize customers to monitor your marketing channels.

Industry Resources

Inexperience and a lack of industry connections have an isolating effect on owners of an ivory gifts business. Most leaders are oblivious to the fact that the marketplace shows no favoritism - for every marketing challenge your business faces, there are hundreds of other businesses and leaders struggling to solve the same problem. The best resources are usually the ones that leverage industry-specific experience and the input of proven veterans.

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Conversation Board

The ivory gifts business industry is evolving, and new marketing tactics should be tested on a regular basis. We welcome your comments and feedback about marketing techniques in this space.


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