Marketing Techniques For The Shoe Industry
Marketing Techniques For The Shoe Industry
Marketing Techniques For The Shoe Industry
Branding
Multi-Channel
Selling more shoes requires a mix of digital and traditional channel sales
strategies. This means developing an ecommerce website in addition to
your brick-and-mortar shoe store. This allows you sell your shoes any
time of the day, not just when your store is open. In addition, some target
markets, such as Generation Y shoppers, rely on the Internet to conduct
research about products they want to buy. They’re likely to shop around
online for the shoes they want before heading to your store to buy a pair.
Customization
Making it easier for customers to find the exact shoe they want makes
footwear customization a technique worth reviewing. Customized shoes
appeal to several different target markets, including people with big or
wide foot sizes that make shoes hard to find, or people who like owning a
unique pair of shoes. Plus, once 3-D printing becomes widespread,
offering customization may give your company an edge in the shoe
industry.
Social Networking
Encouraging customers to spread the word about your shoes makes social
networking a beneficial marketing technique. Use Facebook, Twitter and
a blog to interact with people are interested in purchasing your shoes.
Provide meaningful posts, such as on how to choose comfortable shoes,
what the differences are in different types of sports shoes and how
people’s feet change over time. Talk about the unique aspects of the
shoes you sell to use your social media sites to help build your brand
Branding
Branding is one of the most important aspects of any business, large or
small, retail or B2B. An effective brand strategy gives you a major edge
in increasingly competitive markets. But what exactly does "branding"
mean? How does it affect a small business like yours?
ADVERTISING
The foundation of your brand is your logo. Your website, packaging and
promotional materials--all of which should integrate your logo--
communicate your brand.
Brand Strategy & Equity
Your brand strategy is how, what, where, when and to whom you plan on
communicating and delivering on your brand messages. Where you
advertise is part of your brand strategy. Your distribution channels are
also part of your brand strategy. And what you communicate visually and
verbally are part of your brand strategy, too.
The added value intrinsic to brand equity frequently comes in the form of
perceived quality or emotional attachment. For example, Nike associates
its products with star athletes, hoping customers will transfer their
emotional attachment from the athlete to the product. For Nike, it's not
just the shoe's features that sell the shoe.
Do your research. Learn the needs, habits and desires of your current and
prospective customers. And don't rely on what you think they
think. Know what they think.
The founder of Amazon, Jeff Bezos, says it even better: “Your brand is what other
people say about you when you’re not in the room.”
Now, brand building being simple? The truth is: branding doesn’t happen overnight…
or even in a few months.
Building a brand is definitely a process. However, the ongoing effort will result in
establishing long-term relationships with your customers.
This can lead to a steady increase in sales, more projects, word-of-mouth referrals,
and advocacy for your products or services.
Together, these channels are fundamental to gaining brand awareness and growth.
We’ll dive into each of these elements in detail, later!
I simplified the path for a brand building process below, to help your business
brand or personal brand gain a more loyal following.
It’s what you wake up every day loving to do for other people (and the world) through
your product or service.
There are four questions you should ask yourself when defining a brand purpose:
You’ll use these ideas to inform the foundation of your branding, through a tagline,
slogans, voice, messaging, stories, visuals and more.
So dig deep and find those nuggets of truth which can distinguish your brand from
others.
The Golden Circle concept can help in identifying the purpose behind anything in
business or life, really.
The 3 Parts to The Golden Circle:
In fact, in the video you’ll see below, Sinek explains how to truly differentiate a
brand when most of them fail.
I’ve probably watched this presentation over a hundred times, and still get chills when
I do. It’s one that I send to all clients prior to our kick-off meeting for the brand
discovery phase.
Some people in the marketing industry think it’s overrated, but I disagree. It’s
inspiring, certainly if you are new to branding a business or idea. And, there’s a
reason why it’s one of the most popular TED talks of all time.
“People don’t buy what you do; they buy why you do it.
The goal is not to do business with everybody that needs what you have.
The goal is to do business with people who believe what you believe.”
– Simon Sinek
But, you should be aware of what they do well (or where they fail).
We’re always thinking about how to make a brand stand out from what’s out
there already. Don’t skip this step in the brand building process.
Choose a few competitors, two to four (2-4) is a good number for your comparison
chart. You might want to take a look at other local businesses, or even aim to
benchmark against name brands.
3. Determine your brand’s target
audience.
The foundation for building your brand is to determine the target
audience that you’ll be focusing on.
Right.
When brand building, keep in mind who exactly you are trying to reach.
You’ll tailor your mission and message to meet their exact needs.
Instead of “all Moms”, you could narrow down the niche to hone in
on “single Moms who work full-time from home”.
“Techy people” is too broad. But “tech-savvy early adopters who
manage a large team” can narrow the focus in.
If you are targeting “college kids”, there is definitely room to get
more specific. An example could be: “college students studying
abroad in Europe during the summer”.
“Anyone who needs a job” is certainly not a niche target market.
However, “retirees looking to return to the workforce in an executive
position” can be!
You’ll come to realize that the competitive advantage when branding your business is
to narrow your target audience focus. This can help ensure that your brand
message comes across crystal clear to the intended recipient.
Solidify a picture of your consumers, then learn how to create a brand identity
that they can understand and relate to.
Age
Gender
Location
Income
Education Level
To get even more definition for your brand’s buyer persona, dive into these details:
Motivations
Goals
Pain points
Influencers
Brand affinities
Identifying the target audience for your services or products is an exercise that will
affect and benefit all areas of your brand building process, particularly marketing
efforts. You want the right person consuming your content, clicking on your ads,
opting in to your email list, etc.
As a result, determining the ideal audience for your business will support your overall
digital brand building strategies. It’s definitely an important first step!
4. Establish a brand mission statement.
Have you thought about your brand mission? In essence, you’ll have to craft
a clear expression of what your company is most passionate about.
Before you can build a brand that your target audience trusts, you need to
know what value your business provides.
Everything from your logo to your tagline, voice, message, and personality
should reflect that mission.
When people ask you what you do: answer them with your brand mission
statement.
You can use the information gathered from The Golden Circle exercise (see
Step 1) to create a clear and impactful brand mission statement.
Nike’s mission is: “To bring inspiration and innovation to every athlete in the
world“.
You can see the Nike mission everywhere. They focus on all types of athletes using
Nike products to be their best selves.
Nike goes even further with its brand mission, by adding a footnote to the statement:
“If you have a body, you are an athlete“. Think about how wide their target audience
becomes with a disclaimer like that!
The company has built up such a reputation and brand following, that it’s able to
increase the target to accommodate every “body”.
When branding your business, start small and remember to focus on your
target niche audience first.
With time, your brand loyalty may grow enough to expand your reach.
Let’s take a step back for a minute. Before crafting your brand mission statement, gut
check on whether you really committed to Step 3 of determining who your exact
consumer is. It’s one of the most important branding process steps of them all.
Starting a brand that is memorable means you dig deep to figure out what
you offer, and no one else is offering.
Focus on the qualities and benefits that make your company branding
unique.
Assuming you know exactly who your target audience is (see Step 3), give
them a reason to choose your brand over another.
It’s important to note that this is not just a laundry list of the features your
product or services offer to the customer or client. Think about how you
provide value that improves consumers’ lives (outcomes or results that
are experienced).
It’s how you communicate with your customers, and how they respond to
you.
Professional
Friendly
Service-oriented
Authoritative
Technical
Promotional
Conversational
Informative
There are endless adjectives and possibilities that can build a brand voice
behind your messaging.
Ultimately, you want to choose a brand voice that makes sense and
resonates with your target customers. (Again, going back to Step 3!)
You’ll see that if you find and use the correct brand voice, you have the
strongest chance of connecting with consumers.
This part of the brand development process goes beyond your logo and
tagline to define the key aspects of:
What this means, is that the language you use should be understood
immediately while striking an emotional chord.
Most importantly: when creating a brand story, address not what your
product can do…but why it is important to your customer.
This story is carried out through every touchpoint a consumer has with the
brand.
This step may be the one where you need help with creative execution.
The most exciting (and arguably the most important piece) of the brand
building process, is to create a brand logo and tagline for your company.
This logo will appear on everything that relates to your business. It will
become your identity, calling card, and the visual recognition of your
promise.
So be willing to invest the time and money by creating something
exceptional to reinforce the visual identity for your business.
Their expertise will ensure that you get a unique and timeless mark for your
business.
Let me explain.
If a client walks into your office, or a customer walks into your store—your
brand image should be on display both in the environment and with personal
interactions.
On any digital platform, ensure that your brand looks the same everywhere.
Use your brand style guide to create consistency with visuals such as color
and logo use, fonts, photography, etc.
Your website is the most important tool for marketing your brand. When
you design your website: incorporate your voice, message, and personality
into the content.
Profile pages for social media networks should be branded visually, and
with your chosen voice for engagement.
For those venturing into podcast audio, adhere to a theme that supports your
brand message, value, and voice.
Once you establish a brand voice, use it for every piece of content you
create. (See above, Step 6 in the brand building process.)
Document all the brand guidelines you create and distribute internally for
reference.
“To inspire and nurture the human spirit – one person, one cup and one
neighborhood at a time.”
That’s why at every store you’ll find free Wi-Fi, large tables, and soothing
music to make chatting with others easy. They always write your name on
your coffee for an extra personal touch.
When hiring employees, ensure that they are a culture fit–aligning with the
mission, vision, and values of your brand.
Give your loyal customers a voice. Encourage them to post reviews, or share
your content.