Connect with us

Growing a Business

How to use a POS system beyond processing transactions

Published

on

Get up to 30%* off! Get going with GoDaddy!

More than payments

Owners of brick-and-mortar stores will be familiar with the physical version of the point of sale or POS, while ecommerce sellers will see online checkouts as their major POS. However, the point of sale has evolved, and its evolution has brought improved utility for both types of merchants.

POS systems can feel intimidating and be non-intuitive, which means shop owners often have to spend precious time figuring out how they work.

However, ecommerce sellers that want to add physical touchpoints beyond their online stores will also need to get familiar with a POS and the ways it can help retail operations grow. It’s worth taking the time to understand the extra features a POS can offer. In the long run, the time shop owners spend getting to know those extra features will pay off in several ways.

Improve customer service

person scooping ice cream

According to a 2020 report by Hyken, 96% of people will leave a business because of bad customer service. With rising customer expectations and stiffer competition, small businesses, in particular, need to find ways to set themselves apart — the POS is one method of doing so.

There are many points at which customer service might fail, like the checkout experience, which plays a huge role in customer satisfaction. In a study from Popspots, 70% of respondents identified the checkout experience as something that influences their perception of a store more than any other factor.

The POS makes up a significant part of the checkout experience. Create a great checkout experience by unifying your online store operations with your in-store experience.

Give customers different options to pay through your POS. Customer forgot their card? No problem — they can pay using Apple Pay or by scanning a QR code.

You can also offer different ways of collecting receipts as some customers might prefer digital receipts, which you can send via SMS text message or email instead of physical receipts.

A POS can also connect seamlessly to your customer data stored in the cloud so that you have instant access to the insights and information you need to help customers.

From the customer’s perspective, you appear well-prepared and able to go that extra mile.

Track and surface essential data in real time

Staying on the topic of data, all business owners need to understand their customers’ behavior and business performance to make improvements and growth plans — and your POS system can help with that.

A POS can help your business keep track of customers and their buying habits, which, in turn, can help you identify items to stock more of or discounts to implement.

Gathering data from POS purchases helps you understand other parts of your business, like what your peak times are, return rates, and chargebacks — all information that assists with simplifying your entire operation.

By accessing customer purchase histories through your POS, you can make custom suggestions for additional purchases based on customers’ buying habits.

For example, if a customer buys a sweater from you and returns for another item, you can recommend more options on the sales floor or as they go through checkout.

This increases your store’s average order value or AOV — enabling you to increase revenue with the same number of customers.

AOV is a signal of customer retention, an important metric for businesses.

Returning customers shows that you provided a good enough customer experience to bring them back. It also means that you can focus more of your marketing budget on bringing in new customers.

Through data gathered from your POS activity, you can also create segmented customer profiles for marketing and targeting purposes.

Improve customer loyalty programs

Improving your customer loyalty program leads to more sales, and integrating the program into your POS makes the process of onboarding your customers smoother. With a good POS system, you can keep your customers updated on all of their discounts and quickly apply them as well.

Let’s look at a practical example. A clothing store might have set up a marketing campaign for the upcoming holiday season. Taking this a step further, you could also identify repeat customers from earlier in the year and offer them additional discounts on top of your existing program. Sending festive discounts during the holiday season could entice customers to pick your store over the competition during the most important sales season.

Integrate your POS system with loyalty programs and track each customer’s purchase history, shopping preferences, and buying patterns to reward the most active ones.

Offering customers discounts or free shipping at checkout based on their information will delight them and encourage revisits. Including specialized offers tailored to their specific buying habits (early access to a new product or little gifts at the holidays, perhaps?) is also part of making customers feel special.

Optimize inventory tracking and management

guitars

Sales and inventory are tightly woven, which is why the majority of modern POS systems offer inventory management features. For multichannel sellers, a POS system should let you view how much you have of an item and, if you have more than one location, which locations have it. An accurate and easy stock-tracking system is needed to keep a handle on your inventory levels and understand how and where your business is growing.

To avoid the nightmare of an online customer ordering the last of a product just as another customer buys it in your physical store, create a product catalog in your POS that lists each item with its attributes and available quantity.

This way, you and your employees can quickly and accurately access information about products your customers are looking for to find whether it’s in stock — all without having to leave the customer’s side.

With proper inventory-to-POS integration, you’ll always know which products are or are not in demand by the number of sales. Low-stock alerts while a customer is checking out will help you keep hot items on your shelf. Alternatively, alerts about slower-moving products will let you know when to offer discounts to help move stock or remove them from your shelves.

Find a POS that scales with your business

If you’re looking to create or improve your physical stores, your POS should be scalable and adaptable with the tools and integrations to help your business grow, no matter its size.



Get Hosting for $1.00*/mo with GoDaddy!

This post was originally published on this site

Continue Reading

Growing a Business

Brand Authenticity: How Small Businesses Can Build Trust and Loyalty

Published

on

In today’s competitive business landscape, small businesses need to establish a strong brand identity to stand out and connect with their target audience. One crucial element that can make or break a brand is authenticity.

In this article, we will explore why brand authenticity matters for small businesses and how it can help build trust and loyalty among customers.

Brand is Everything

Branding is the process of shaping and defining a small business’s identity. It encompasses more than just a logo or a tagline; it extends to the values, mission, and overall personality of the business. A strong brand serves as the foundation upon which all marketing efforts are built.

Through branding, a small business can establish a unique and recognizable identity that sets it apart from competitors. It communicates the business’s essence and promises to customers, creating a perception and expectation of what they can expect from the brand.

A well-crafted brand strategy helps small businesses differentiate themselves in a crowded market, attract their target audience, and build a loyal customer base. It provides a cohesive framework for all marketing and communication activities, ensuring consistency in messaging, visual identity, and customer experience.

Effective branding goes beyond aesthetics; it delves into the emotional connection between the brand and its customers. It evokes feelings, creates memories, and builds trust. Small businesses that invest in building a strong brand reap the benefits of increased brand recognition, customer loyalty, and long-term success.

Why Being Authentic Matters

In a world inundated with marketing messages, consumers have become more discerning about the brands they choose to support. Authenticity plays a significant role in this decision-making process. Customers are drawn to brands that are genuine, transparent, and true to their values.

When a small business demonstrates authenticity, it fosters a sense of trust and credibility, setting it apart from those that merely follow passing trends or adopt a contrived persona.

Apple store, Birmingham
photo credit: Simon Whitaker / Flickr

How Brand Builds Trust and Loyalty

Building trust and loyalty is crucial for small businesses, and brand authenticity serves as a powerful catalyst in this process. By consistently embodying their values, being transparent, forging emotional connections, and telling compelling stories, authentic brands establish a strong foundation of trust and loyalty with their customers.

Let’s explore some key aspects of how brand authenticity contributes to building trust and loyalty:

1. Consistency

Authentic brands are consistent in their messaging and actions. They deliver a consistent experience across all touchpoints, from their website and social media presence to their customer service interactions. This consistency builds trust, as customers know what to expect and can rely on the brand to deliver on its promises.

2. Transparency

Authentic brands are transparent about their processes, ingredients, sourcing, or any other relevant information. They openly communicate with their customers, addressing concerns and being honest about challenges they may face. This transparency builds trust and demonstrates the brand’s commitment to ethical practices.

3. Emotional Connection

Authentic brands connect with customers on an emotional level. They tap into shared values and beliefs, creating a sense of belonging and resonance. By understanding their target audience and communicating in a genuine manner, small businesses can forge deep connections that foster customer loyalty and advocacy.

4. Storytelling

Authentic brands tell compelling stories that resonate with their audience. They share the journey, values, and purpose behind their business, giving customers a reason to engage and connect. These stories create an emotional bond and help customers relate to the brand on a personal level.

Brand building on a budget

Takeaway

In today’s business landscape, brand authenticity is a powerful asset for small businesses. By staying true to their values, consistently delivering on promises, being transparent, and connecting on an emotional level, small businesses can build trust and loyalty among their customer base.

Remember, authenticity is not a one-time effort but an ongoing commitment that should permeate all aspects of the business.

Small businesses that prioritize brand authenticity will differentiate themselves in the market, cultivate a loyal customer base, and ultimately thrive in an increasingly competitive environment.

By understanding the importance of authenticity and implementing strategies to foster it, small businesses can build a brand that resonates with customers and drives long-term success.

Your brand is your identity. Be authentic, be true, and watch your business flourish.

Conclusion

In conclusion, brand authenticity is a critical factor in building trust and loyalty for small businesses. It goes beyond superficial marketing tactics and taps into the core values, consistency, transparency, emotional connection, and storytelling. By prioritizing authenticity and integrating it into all aspects of their operations, small businesses can create a powerful brand that resonates with customers, fosters trust, and drives long-term success.

If small businesses embrace their authenticity, they will stand out in a crowded marketplace and forge deep connections with their target audience, ultimately reaping the rewards of customer loyalty and advocacy.

This post was originally published on this site

Continue Reading

Google Ads

Boost Your Local Business: Discover the Power of Google Ads Location Targeting and Local Extensions

Discover how to boost your local business with Google Ads! Master location targeting & local extensions for success.

Published

on

Small Business Main Street

Opinions expressed by SmallBiz contributors are their own.

Discover the power of location targeting and local extensions in Google Ads to promote your local business and connect with customers in your community! In this comprehensive guide, we’ll explore how to effectively utilize Google Ads for local business promotion, drive foot traffic, generate leads, and boost sales.

Let’s dive into the world of local advertising and unlock the potential of your local business!

Table of Contents

  1. Introduction: The Importance of Local Advertising in Google Ads
  2. Location Targeting: Reaching the Right Audience in Your Community
  3. Local Extensions: Enhancing Your Ads with Local Business Information
  4. Creating Compelling Local Ads: Tips and Best Practices
  5. Leveraging Google My Business for Local Ads Integration
  6. Measuring the Success of Local Advertising: Key Metrics and Analysis
  7. Conclusion: Achieving Local Advertising Excellence with Google Ads

Welcome to the world of local advertising, where your business becomes a beacon of opportunity in your community! As a local business owner, you know that your community is the lifeblood of your success. It’s where your loyal customers reside, where word-of-mouth spreads like wildfire, and where your business can thrive and prosper.

But what if I told you that there’s a way to amplify your local presence and connect with even more customers in your area? That’s right! With Google Ads, you can harness the power of local advertising to drive foot traffic, generate leads, and boost sales like never before.

In this comprehensive guide, we’ll explore the magic of location targeting and local extensions in Google Ads. We’ll uncover the secrets to creating compelling local ads that resonate with your audience and inspire action. So, buckle up and get ready for a thrilling adventure that will elevate your local business to new heights!

Location Targeting: Reaching the Right Audience in Your Community

Imagine casting a net that captures the attention of your ideal customers right in your community! With location targeting in Google Ads, you can do just that. Location targeting allows you to define the geographic areas where you want your ads to appear, ensuring that your ads reach the right audience at the right time.

Whether you’re targeting a specific city, neighborhood, or radius around your business, location targeting is your key to unlocking local advertising success. But how do you set up and optimize location targeting for maximum impact? Let’s explore!

Define Your Target Areas: Start by defining the geographic areas you want to target. Consider factors such as your business location, service areas, and where your potential customers reside. Be strategic in selecting areas that align with your business goals and customer demographics.

Customize Location Settings: In Google Ads, you can customize your location settings to target specific areas, exclude certain locations, and even adjust bids based on location. For example, you can increase bids for areas with high foot traffic or for locations where your competitors operate.

Leverage Location Extensions: Enhance your location targeting efforts by using location extensions. These extensions display your business address, phone number, and directions, making it easy for customers to find and visit your store.

Monitor and Optimize Performance: Keep a close eye on the performance of your location-targeted campaigns. Analyze key metrics such as click-through rate (CTR), conversion rate, and cost per acquisition (CPA) for different locations. Use these insights to optimize your campaigns and improve ROI.

Local Extensions: Enhancing Your Ads with Local Business Information

Transform your ads into a treasure map that leads customers straight to your doorstep! Local extensions in Google Ads are like signposts that guide customers to your business, providing them with essential information and a seamless path to action.

Local extensions display your business address, phone number, and a map marker, along with a link to your business details page on Google Maps. Whether customers are searching for directions, store hours, or contact information, local extensions provide the answers they seek.

When setting up and optimizing local extensions, consider these best practices:

Verify Your Business Information: Ensure that your business information is accurate and up-to-date. Verify your business address, phone number, and hours of operation to provide customers with reliable information.

Integrate with Google My Business: Link your Google Ads account with your Google My Business account to seamlessly integrate your business information into your ads. This integration enhances the accuracy and consistency of your local extensions.

Track and Measure Performance: Monitor the performance of your local extensions using metrics such as clicks-to-call, clicks-to-directions, and store visit conversions. Use these insights to assess the impact of local extensions on your campaign performance and customer engagement.

Creating Compelling Local Ads: Tips and Best Practices

Craft local ads that resonate with your community and inspire action! Creating compelling local ads is an art form that requires creativity, precision, and a deep understanding of your audience. It’s about capturing the essence of your local business and conveying your unique value proposition.

When crafting local ads, keep these tips and best practices in mind:

Highlight Local Relevance: Emphasize your local presence and connection to the community. Use location-specific keywords, mention local landmarks, and highlight community involvement to resonate with your audience.

Showcase Special Offers and Promotions: Entice customers with special offers, discounts, and promotions that are exclusive to your local area. Create a sense of urgency with limited-time deals and seasonal offers.

Include a Strong Call-to-Action (CTA): Inspire customers to take action with a clear and compelling CTA. Whether it’s “Visit Our Store Today,” “Call for a Free Consultation,” or “Book an Appointment Online,” guide customers towards the desired outcome.

Personalize and Segment Your Ads: Tailor your ads to different segments of your local audience based on factors such as demographics, interests, and search behavior. Personalized ads create a deeper connection and drive higher engagement.

Leveraging Google My Business for Local Ads Integration

Unleash the full potential of local advertising by integrating Google My Business with Google Ads! Google My Business is a powerful tool that helps you manage your online presence, showcase your business information, and connect with customers across Google Search and Maps.

When you integrate Google My Business with Google Ads, you create a seamless and cohesive local advertising experience. Here’s how:

Sync Your Business Information: Link your Google My Business account with your Google Ads account to automatically sync your business information, including address, phone number, and hours of operation.

Enhance Local Extensions: By integrating with Google My Business, you can enhance your local extensions with additional information such as photos, customer reviews, and special attributes (e.g., “Free Wi-Fi,” “Outdoor Seating”). This enriched information provides customers with a more comprehensive view of your business.

Optimize for Local Search: Leverage the insights and data from your Google My Business account to optimize your local ads for relevant search queries. Understand what customers are searching for and tailor your ad copy and keywords accordingly.

Measure Store Visits and Conversions: With the integration of Google My Business and Google Ads, you can track store visit conversions and measure the impact of your local advertising efforts on in-store traffic and sales.

Measuring the Success of Local Advertising: Key Metrics and Analysis

Unlock the secrets to local advertising success with data-driven insights and analysis! Measuring the success of your local advertising campaigns is crucial for understanding what works, what doesn’t, and how to optimize for maximum impact.

When analyzing the performance of your local advertising campaigns, consider these key metrics and analysis strategies:

Click-Through Rate (CTR): CTR measures the percentage of users who click on your ad after seeing it. A high CTR indicates that your ad is resonating with your audience and effectively capturing their attention.

Conversion Rate: The conversion rate measures the percentage of users who take a desired action after clicking on your ad. This could include actions such as making a purchase, booking an appointment, or signing up for a newsletter.

Cost Per Acquisition (CPA): CPA measures the average cost of acquiring a customer or lead through your local advertising efforts. It’s important to optimize your campaigns to achieve a lower CPA and maximize ROI.

Store Visit Conversions: For brick-and-mortar businesses, store visit conversions track the number of users who visit your physical store after interacting with your local ads. This metric provides valuable insights into the effectiveness of your local advertising in driving foot traffic.

Return on Ad Spend (ROAS): ROAS measures the return on investment for your local advertising campaigns. It’s calculated by dividing the revenue generated from your ads by the total ad spend. A positive ROAS indicates a profitable campaign.

When analyzing these metrics, it’s essential to consider the specific goals and objectives of your local advertising campaigns. Use data-driven insights to make informed decisions, optimize your campaigns, and achieve your desired outcomes.

Achieving Local Advertising Excellence with Google Ads

Congratulations! You’ve reached the end of this exhilarating journey through the world of local advertising in Google Ads! You’ve discovered the secrets to location targeting, local extensions, compelling ad creatives, and data-driven analysis. You’ve been inspired by real-world success stories and equipped with the tools and knowledge to achieve local advertising excellence.

As you forge ahead, remember that local advertising is a dynamic and ever-evolving landscape. Stay curious, embrace innovation, and continuously optimize your campaigns to adapt to changing trends and customer behavior. Keep your audience at the heart of your efforts, provide value at every touchpoint, and build lasting relationships with your community.

Running effective and profitable ads is crucial to the success of any local business. If you’re eager to dive deeper and expand your knowledge on how to maximize the potential of your ad campaigns, there’s an excellent opportunity awaiting you. Take advantage of AdSkills.com’s Free Academy, where you’ll discover valuable resources, expert advice, and innovative strategies designed to help you transform your advertising efforts. Don’t let this chance pass you by – visit AdSkills.com today and elevate your advertising game to new heights!


Liana Ling serves as the CEO of AdSkills.com and helms her own digital marketing agency. Having previously worked as an attorney, and possesses over a decade of experience as a digital marketing specialist focusing on the Info Product and coaching industry. Recognized as one of the top Facebook ad buyers worldwide, Ling uses her unique blend of legal knowledge and marketing expertise to help businesses optimize their digital strategies, thereby earning her a stellar reputation as a trusted advisor in this competitive field.

Connect with Liana Ling on Instagram, Twitter and LinkedIn.

Continue Reading

Growing a Business

How Will SEO Help My Small Company?

Published

on

The days of calling up every name in the phonebook or handing out flyers on the street corner are over. Nowadays, for any business to grow, it must have a thriving online presence. With so many different companies competing for space in their niche and striving to win clicks, it can be challenging to see a way forward for your business.

Even so, your small company needs to incorporate Search Engine Optimization (SEO), from an agency like Peaks Digital Marketing, moving forward to develop your niche, pull more customers, and rank higher in organic searches. We’ll explain the core of SEO practices, how they work, and why they’re crucial to your business’s development, both in the short and long term.

What Is SEO?

Search Engine Optimization, abbreviated SEO, is a set of practices and techniques designed to get your website ranked higher in search engine results when searchers type in a keyword related to your niche.

Now, you shouldn’t think that SEO is only for computer experts, although there’s a fair amount of backdoor work that can improve SEO; instead, it’s a systematic approach to content production and web design to engage readers, provide authoritative data, and drive sales.

Essentially, the more helpful your content is to readers, as determined by dwell time, crawl indexing, authoritativeness, backlinks, and other metrics, the more prominently your webpage will be displayed when a user searches for a keyword in your niche.

SEO strategy

How Does SEO Help My Business?

Improving Placement

One of the most obvious benefits of SEO is implicit in its primary purpose: getting you to the top of the search engine results page. Searchers rarely go past the first page of Google, and they are highly likely to select the first, second, or third option on the list compared to links provided further down. Google determines who gets to be the top dog through a series of bot-indexed evaluations. The closer you are to the top, the more likely you will draw visitors to your site. And, of course, visitors mean potential customers. If you’re using your website to drive sales, then it’s a little surprise that more web traffic translates to more revenue.

This positive feedback loop continues, too; more positive interactions with your site lend more credibility, which, in turn, bolsters your reputation in the eyes of the search engine.

Brand Awareness

One benefit of SEO marketing strategies is that they can really help you stand out in your niche. If you’re passionate about something that you want to share with the world, then you can quickly learn, through SEO research and marketing, what works and what doesn’t.

In other words, if your brand continues to rank at the top of the list in your niche, you can convert curious information-seekers on your niche topic to customers.

Of course, being on the top page of search engines like Google, Yahoo, and Bing builds trust and brand awareness.

When customers click on your top-rated website and see the wonderfully relevant and insightful information you provide, they are much more likely to trust you and recognize your brand.

Improving Customer Experience

One crucial aspect of SEO is web design. Google’s AI very much appreciates websites that are designed with user-friendliness in mind due to higher page views and a lower bounce rate. Surprisingly, customers also appreciate a well-thought-out website layout.

SEO uses in-depth marketing tools to deliver a fresh, user-friendly website that customers will appreciate, potentially leading to further sales.

Data analytics

Providing Helpful, Relevant Data

As a small business owner, you probably have lots of information and experience to share with the world in your niche. Once you decide where in the market you want to settle down, SEO can help you digitalize that information for a growing audience. Whether it’s through a blog on your website or via helpful how-to articles, the internet is a great place to share your knowledge.

Distilling your experience into a bite-sized format is helpful for readers who want to learn more about your products and share the same interests that you do. For example, growing an audience through a blog is also a great way to build your business in the long run.

Adapting to Market Change

The key marker of a business that will thrive is the ability to adapt to change. SEO can be part of your rapid force adjustment if you need to shift your market approach, product line, or media.

SEO can provide you with helpful analytics about which products consumers prefer, which topics are of the most interest to your viewers, and what your competition is doing that you aren’t. All of these factors can help you pivot when you need to and adapt to changes in the market that would otherwise lead to business stagnation.

Growing a Business

The flexibility to make changes, the opportunity to appear before a larger audience, and the ability to improve the customer experience—all of these SEO features have one commonality: progress. At its heart, SEO is about growing your business by increasing your exposure, building your brand, and equipping you with the right resources to improve your products.

SEO is a long-term strategy that can drive revenue with very little input. Most importantly, it generates a continuous stream of organic traffic. This traffic not only helps you gain more sales in the short term, but it can also build a base of repeat customers, who may then help spread your business by word of mouth.

The Bottom Line

Search Engine Optimization is essential for any business with an online presence and often serves as the distinguishing factor between enterprises competing for the same niche.

If you’re looking to rank higher in organic search results, generate more organic traffic, and grow your business in the long run by building a consumer base and providing helpful, relevant content, then it’s important to incorporate SEO strategies into your business model. Whether you’ve just started your business or are in an explosive growth phase, SEO is a necessity that can help your business tremendously.

This post was originally published on this site

Continue Reading

Trending

SmallBiz.com does not provide legal or accounting advice and is not associated with any government agency. Copyright © 2023 UA Services Corp