SBOA: The Magazine Fall 2015 Edition | Page 26

Marketing Strategies that Withstand the Test of Time Marketing Strategies that Withstand the Test of Time Five essentials for applying traditional marketing principles to an online world By John Jordan The media world has evolved substantially over the last two decades. This fact is undeniable. Consumers have access to more information than ever before in making their purchase decisions. Technology has made shopping an experience we never would have dreamed possible 20 years ago. Despite these changes, traditional marketing principles are still valuable and possibly even more relevant in a technology driven world. Imagine yourself in 1995 again. You are standing in the local Sears department store in need of a new washer and dryer. You have, in your hand, a device that provides you with instant access to product comparison information, consumer reviews from all over the world, tools to search for coupons/deals and access to competitors carrying the same line of products with best price guarantees. How different would that shopping experience have been? You would have no longer been reliant on the biased information being fed to you by the commissioned sales representative. You would have known that you were getting a good price on a quality product. You could have walked out of that store with confidence that the same product, or a better one, could be purchased and shipped for free to your doorstep. Welcome to 2015. Essential #1: Think local. Consumers have always shown a preference for shopping locally. For consumers, “local” can often mean convenience, relationships, Page 26 supporting your community, purchase accountability, trust and many other things. It cannot be denied that rapidly developing technology has changed the game for many businesses. Local storefronts and location-based strategies took the back seat as commoditization and more convenient options started to drive their respective industries. However, for many industries like storage, technology has made “local” more critical than ever to consumers. The relevance of once monopolistic media such as Yellow Pages has rapidly declined. Its replacement, simply stated, is the Internet. But is local no longer relevant? The exact opposite is actually true. Yellow Pages became less relevant to the self-storage industry because the Internet offered a hyper-local experience. Consumers who once thumbed through more than one hundred pages in a telephone directory were given the option to narrow their choices to a few select facilities in close proximity to their location via the Internet. Add to that the ability to compare pricing, features and real-time availability, and Yellow Pages could not compete. So where are all of these local selfstorage seeking consumers online? For starters, think search engines (like Google, Yahoo!, Bing), local review sites (like Yelp), social media (like Facebook), mobile apps, and lastly, think FindLocalStorage.com (FLS). FLS is a site built specifically to show consumers the facilities closest to them, providing the information they need to make purchase decisions. SBOA Magazine - Fall 2015 Essential #2: Your brand should come first. Brand is defined differently in the selfstorage industry. From a traditional brand marketing perspective, there are only a select few in the selfstorage industry that have consumer recognized brands. That means everyone else falls into the same bucket, and despite any attempts that have been made to create a traditional brand, they will likely fail a test for instant recall with most consumers. Your storefronts are the best vehicle for starting the instant recall process. Location placement, signage and other local strategies can be used to gain recall. Many restaurants, churches and other businesses use clever message boards, social media and hosted events to drive awareness within the local communities they serve. Be creative in making people aware and consistently noticing your facility. Make sure your logo is always prominent in anything you do. This awareness is the first step in creating instant recall at the critical time. The next step will involve ensuring your brand displays online when customers search the local market. You have to be visible at the time consumers have a need (and search) for instant recall to happen. Lastly, partner with companies like Find Local Storage that deliberately avoid trying to display prominently when people are searching for you by name. Search your brand on Google today (example “ Self Storage, Houston, TX) and you might be surprised which of your media “partners” is displaying almost as www.theSBOA.com