Jordan Titshaw
Jordan Titshaw
Leasing Professional

In today's competitive commercial landscape, attracting a steady stream of customers is essential for the success of any business. Whether you own a restaurant, a medical establishment, a fitness center, or a retailer, these tips and tricks can help you cultivate a loyal clientele and propel your business toward sustainable growth.

1. Embrace the Power of Digital Marketing:

The digital age has transformed the way businesses are able to create brand awareness and connect with their customers. A well-crafted digital marketing strategy is no longer a luxury but a necessity. Here are some key areas to consider:

Develop a user-friendly website:

Your professional website acts as your digital storefront, providing potential clients with a 24/7 resource to learn everything about your brand, offerings, and contact information. Ensure it is mobile-friendly, easy to navigate, and optimized for search engines to maximize visibility. Studies by Impact Branding & Design show that 72% of consumers use mobile devices to conduct local searches, highlighting the importance of strong online visibility and a responsive website design. Outside of social media, your website is one of the first places a potential guest will go for information. Therefore, you need to have a strong online presence to find success. Ensure that you touch on your guest's needs and address pain points they may have within the content of your site. Show your guests why they should visit your place of business. 

Social media engagement:

Social media platforms offer powerful tools to connect with your target audience, highlight your brand personality, and build relationships with potential clients. Today, potential customers will first use social media to find out about your business and what you offer. Consistently post engaging content from a branded social media account that will resonate with your customers. Be sure to respond to comments and messages promptly and leverage social media advertising to get greater brand visibility. According to Sprout Social, 78% of businesses in the United States use social media for marketing purposes, demonstrating its widespread adoption. 

Content marketing:

Establish yourself as a thought leader in your industry by creating informative and valuable content. This could be in the form of email marketing, blog posts, eBooks, case studies, informative articles, or engaging videos. Share this content on your website and social media platforms to attract organic traffic and demonstrate your expertise. Content Marketing Institute reports that content marketing generates about three times as many leads as traditional outbound marketing, making it a cost-effective strategy for attracting new customers.

2. Refine Your Customer Experience Strategy

In today's experience-driven economy, exceeding customer expectations is critical. Here are ways to refine your customer experience strategy:

Prioritize customer service:

With intense competition for loyal consumers, customer service is extremely important. If you want your guests to come back, they need to be regarded with an understanding of their needs and wants, in addition to being treated like they matter to your team and your brand. Train your staff to deliver exceptional customer service, focusing on courtesy, attentiveness, and critical thinking skills. A positive customer experience fosters loyalty and encourages repeat business. According to the Small Business Association, improving customer service can increase customer retention by up to 5%, highlighting its significant impact on business growth.

Gather customer feedback:

How can you ensure that your guests needs are being met? By asking for and listening to their feedback! Actively seek customer feedback through surveys, customer reviews, and social media interactions. Use this feedback to identify areas for improvement and tailor your offerings to better meet customer needs. A PwC report found that 73% of all customers say that customer experience influences their buying decisions, emphasizing the importance of gathering and acting on customer feedback.

Implement a customer loyalty program:

Rewarding customer loyalty is a strategic approach to client retention. Consider loyalty programs that offer discounts, points systems, or exclusive rewards to incentivize repeat business. Not only will this encourage more frequent visits, but it will also give you an opportunity to thank and reward loyal customers. The Bond Brand Loyalty Report indicates that loyalty programs can increase customer spending by an average of 12.5%, making them a valuable tool for driving revenue growth.

3. Harness the Potential of Strategic Partnerships

Collaboration can be a powerful driver of growth. Consider forming strategic partnerships with complementary businesses in your area. For example, a fitness center could partner with a health food store to offer joint promotions or discounts.

4. Community Engagement and Social Responsibility

Demonstrate your commitment to the community by getting involved in local initiatives and charitable events. Supporting local causes not only strengthens your brand image but also fosters a sense of goodwill within the community you serve.

According to a Cone Communications report 90% of consumers are likely to switch brands to one that supports a cause they care about, highlighting the positive impact of social responsibility on brand perception.

5. Leverage the Allure of Your Physical Location

Your physical location can be a powerful asset in attracting clients. Here are some considerations:

Create an inviting atmosphere:

Ensure your physical space is clean, well-maintained, and reflects your brand identity. Give thought to factors like lighting, music, and interior design to create a welcoming and memorable experience for clients. Consider incorporating environmental elements to enhance your guest's experience. This could include natural lighting, plants, or water elements. A study published in the Journal of Environmental Psychology found that the ambiance of a physical space can significantly influence your customer's perception and purchasing decisions.

Prioritize accessibility:

Consider factors like ample parking, convenient public transportation options, and easy access for people with disabilities. Easy accessibility not only broadens your customer base but also demonstrates your commitment to inclusivity. According to the National Retail Federation [2], stores located near public transportation can experience a 30% increase in foot traffic.

Finding the Perfect Commercial Space to Attract Clients

As a company specializing in commercial leasing, we understand the importance of choosing the ideal location for your business. Here are some ways our expert team can assist you:

Strategic location selection:

Our team is locally smart with a comprehensive understanding of local markets and demographics. We leverage this data to help you select the best location for your business based on foot traffic, visibility, and proximity to complementary businesses. A study by LocationIQ [3] found that businesses located near complementary businesses can experience a 15% boost in sales, highlighting the power of a strategic location choice.

Curated tenant mix:

In our neighborhood shopping centers, we strive to create a symbiotic environment where businesses can benefit from each other's customer base. For example, a medical office may be situated near a pharmacy, a physical therapy center, and a lab, offering a convenient one-stop shop for patients with various healthcare needs.

Conclusion

By implementing these simple tips and tricks and partnering with a company that understands the unique needs of your business type and desired location, you can increase your client base and set up your business toward long-term success. 

Remember, pursuing loyal customers is an ongoing process. By consistently evaluating your strategies, utilizing digital marketing, embracing innovation, and prioritizing exceptional customer service, you can cultivate a thriving business that attracts and retains a loyal customer base.

 

 

Citations

  1. Stephen Baker & Laura Milliman (2002). "The influence of music on shopping behavior in supermarkets." Journal of Environmental Psychology, 22(4), 421-432. https://www.sciencedirect.com/science/article/abs/pii/S0969698912000732
  2. National Retail Federation. "Stores Near Public Transportation See 30% Increase in Foot Traffic." https://www.retailcustomerexperience.com/news/retail-foot-traffic-on-healthy-path/
  3. LocationIQ. "The Impact of Location Intelligence on Business Growth." https://predikdata.com/how-does-location-intelligence-work-why-do-you-need-it/

 

 

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Published On Sep 04, 2024  
in  Areas of Expertise
Jordan Titshaw
Jordan Titshaw
Leasing Professional