Even with the most innovative mind in the world (and let’s face it, we’re not all Steve Jobs or Elon Musk), you still need to push to be heard if you want your online business to be a success.
That means running online promotions. You need to invest time, money, and a little bit of creativity to capture the attention of your dream customer.
And if you still aren’t convinced, here are seven reasons you can’t ignore why your business must run promotions if you want it to be a stunning success.
1. Build Brand Awareness
Each time you run a promotion, you’re bringing your brand to the masses. Do this often enough, and people will automatically start associating your business name with what you sell.
Big brands do this all the time with paid and organic online promotions. Why? Well, they know the value of a familiar brand name.
You don’t want a new phone; you want the new iPhone. You don’t want to buy a new car; you want a new Toyota. You aren’t stopping in a rental; you’re staying in an Airbnb.
2. Make Money!
Showcasing your latest products on Instagram promotions is going to bring you sales.
If you want to make money with an online business, you must invest in strong, effective online promotions. So if you want a boost in revenue for the next month, quarter or year, plan for something fantastic online promotions.
3. Grow Your Email List
Once you have an email list, it’s yours to keep. People will always use email, and providing you send your subscribers great content, they’ll be happy to hear from you.
Online promotions are a fantastic opportunity to grow your email list. Simply running a few new promotions each year can give you a significant boost in email subscribers.
4. Create Loyal Customers
Don’t take customers for granted. By sending a promotion to your existing customer base, you can generate goodwill and loyalty. And the lifetime value of each customer means that it’s a wise business decision.
Try running an exclusive promotion to your existing customers. That’ll be grateful that it is something only they can snap up rather than the general public.
5. Boost Your Traffic
Business promotions allow people to visit your website, whether you are using organic Google search, Instagram ads, or other social media marketing.
Many companies discover that online promotions not only give a temporary traffic boost but also benefit from residual traffic, which helps improve visitor numbers over a long period.
6. Develop Trust and Authenticity
By running online promotions on social media, you’ll find that your followers get to know your business and brand. That will give your brand some authenticity, a rare and valuable commodity in the world of business.
To cultivate trust and authenticity, be consistent with your online promotions. Make them compelling and irresistible but in keeping with who you are as a business.
7. Accelerate Your Growth
Sure, you can wait for customers to discover you. But in the online world where customers have more choice than ever before, you could be waiting a while.
Be proactive. Online promotions allow you to get out in front of your audience and make growth a reality instead of a vague distant dream.
Online Promotions Aren’t Optional!
Don’t add online promotions to your priority list and forget about them for another day. Even if you don’t feel ready, the sooner you start running promotions, the sooner your business will reap the rewards.
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