Devon Blog

Tag: ads

  • Every business MUST always have active promotions

    If your target customers aren’t aware of your existence, your products or services can’t thrive. Promotion ensures that potential customers not only know about your business but are also motivated to engage with it. Once they know you exist, the challenge becomes driving them through the door to try what you have to offer. This is where a robust promotional strategy comes into play.

    Promotions are not just a tool for visibility—they are a strategic weapon for long-term business success. While ads play a role in building awareness, they are often less personal and tend to be more expensive than other promotion strategies. While both have their place in your marketing plan, it always better to have an approach that scales non-linearly. A pay to play ads approach is like running a coin-operated machine. Pay for ads, get some business. But that brings you ZERO loyalty.

    Referral marketing and discount coupons, on the other hand, are powerful methods that leverage trust, customer loyalty, and the natural desire for value. With the power of the ConnectChief engines, these strategies deliver far better results than traditional advertising, as they engage customers on a deeper, more personal level.

    Referral marketing is a particularly effective strategy because it turns your existing customers into advocates. People trust recommendations from friends, family, and from other businesses they trust. Your business collaborators become great referral sources for you. People trust influencers in social media far more than they trust ads. This trust translates into higher conversion rates, lower customer acquisition costs, and a stronger brand reputation. Successful companies like Dropbox and Uber have used referral programs to grow exponentially.

    Dropbox’s simple yet effective program rewarded users with free storage space for every new customer they referred, which helped the company grow from a startup to a household name. Uber gave both the referrer and the new user ride credits, creating a win-win scenario that encouraged widespread adoption.

    Discount coupons, especially when targeted, create an immediate sense of value that motivates customers to act quickly. A well-placed, limited-time discount can bring new customers into your store or re-engage existing ones. By providing a tangible incentive, you’re giving people a reason to try your product or service now, rather than later.
    Businesses like McDonald’s and Starbucks have mastered this strategy. Starbucks often uses personalized, time-sensitive offers based on customers’ previous purchase behaviors, driving foot traffic and increasing sales during off-peak hours.

    Why are these strategies often more effective than ads? It’s simple: they build on relationships and perceived value. Ads interrupt people; referrals and discounts engage them. Referral marketing taps into the credibility of your satisfied customers, while discounts and promotions offer immediate rewards that are hard to resist. And with technology, these strategies can be seamlessly integrated into your business operations. Our customizable promotion engine allows you to build, track, and automate referral programs and discount offers. Combined with AI, our system ensures these promotions are strategically placed where they will make the biggest impact, creating stronger customer engagement and loyalty without the high costs associated with traditional advertising.

    By focusing on referral marketing and personalized discounts, your business can drive long-term growth. Loyal customers, drawn in through strategic promotions, not only return but also advocate for your brand, making your business more sustainable and resilient in the competitive marketplace.

  • What are the benefits of referral marketing techniques?

    PromoEngine by connectchief promotes referral marketing techniques over traditional online marketing approaches like ads, email newletters or social media marketing. Get started with connectchief for free to find out how well it works for your business

    Here are some of the advantages of Referral marketing over traditional or online ads?

    Trust: Referral marketing is built on the trust of personal recommendations from satisfied customers, making it more credible and trustworthy than online advertising.

    Cost-effective: Referral marketing is often cheaper than paid online advertising.

    Targeted audience: With referral marketing, the target audience is more likely to be interested in the product or service being offered.

    Higher conversion rates: Referral marketing typically leads to higher conversion rates, as the people being referred are already pre-qualified and interested in the product or service.

    Better customer retention: Referral marketing often leads to better customer retention, as referred customers tend to be more loyal to the brand.

    Viral potential: Referral marketing has the potential to spread quickly through word of mouth, leading to a wider reach and increased brand exposure.

  • How much does a typical small business in the US spend on online ads?

    The amount that small businesses spend on Google or Facebook or other online Ads varies widely, and there’s no set “average.” The amount a small business spends on Online Ads depends on several factors, including:

    1. Industry and competition: Some industries are more competitive than others, and therefore require more investment to drive results.
    2. Budget: The budget available for advertising will directly impact the amount spent on Online Ads.
    3. Target audience: Reaching a specific target audience will impact the cost, as more specific targeting often requires a higher budget.

    A small business can spend anywhere from a few hundred dollars to several thousand dollars per month on Online Ads, but most small businesses typically spend between $500 and $1,000 per month. It’s important to note that the best budget for a small business will depend on their individual goals and advertising needs.

    In addition, Businesses can spend anywhere from a few thousand dollars to tens of thousands of dollars per year on third-party social media management and online review management, with most small to medium-sized businesses spending between $2,000 and $10,000 per year.

    As opposed to the above, a small business can utilize the tools from connectchief to reach their target audience at almost half the cost of their typical online ads budget. Get started with connectchief for free while the software is in beta phase.

  • What businesses can benefit from connectchief?

    We’re building connectchief as a collection of tools that help businesses be more efficient at utilizing their resources, tools can that help raise the value businesses can offer to their customers with the ultimate goal of helping you (the business owner) grow your business.

    There are many aspects to connectchief and many more to be added as time progresses however we can share with you a few things that your business could do with connectchief. So if you are a business that can envision doing one or more of the things below, we have the tools to help you succeed.

    1. Engage your customers as soon as they get into your physical store (scan & connect codes for every business)
    2. Grow your business network by partnering / collaborating with non-competing businesses so you can promote/introduce each other to your customers (see more about promoEngine)
    3. Capture 1 click input from your visitors about their experience (visitXP is coming soon)
    4. Ask repeat customers or satisfied customers to review your business publicly (see trustENGINE)
    5. Offer an instant discount to a customer who reviews your business publicly (trustENGINE & promoENGINE working together)
    6. Provide customers an incentive to spend with you (PromoEngine)
    7. On slow days, attract your frequent users to come in (Flash sales with PromoEngine – coming soon)
    8. Run ads without spending an arm & a leg for them (Virtual billboards on PromoEngine)
    9. Run special promotions on your website without having to build sophisticated coupon code software (Promo codes with PromoEngine)
    10. Send out important announcements to your customers via connectchief (Customers already get enough email. Send them a message they can see when they think of you next)
    11. Let your visitors know you are hiring (some of your customers can be your best future employees.)

  • What is a ‘virtual billboard’ and how can it help me promote my business?

    Advertisements are a great way to get consumers to discover a business. Up until today advertisements have been posted either in the physical world (newspapers, magazines, billboards, hoardings or other print media) or in the digital world (TV ads, radio ads, cinema ads, website ads, mobile app ads, video ads etc).

    Pretty much most of the above ads are encountered in-the-home – either on your digital instruments (TV, Radio, mobile phone or PC) or in print media (newspapers, magazines etc). Billboards are the most common Out-of-home (OOH) forms of advertising available in the market. We’ve seen these as massive public display ads on the sides of roads, highways, at busy intersections, in shopping centers or on the side of large buildings. They are available in traditional poster formats and over the last two decades also in digital versions, which can take the form of animations and video, as well as still pictures. 

    The connectchief team has developed a unique concept of a virtual billboard. The talk of virtual reality is all round us. The metaverse is the future. A virtual billboard is a billboard that has been placed at a physical location.

    Businesses use Virtual billboards to display advertisements to users in the connectchief platform. Users receive these ads in their mobile apps and as mobile notifications when they are in the vicinity of a virtual billboard. A user is presented with a virtual billboard in their mobile phones in a ways that’s very similar to a real billboard that they would see when crossing one on a street.

    Whats more interesting about virtual billboards is that their content and context can be completely personalized to the end user. So the same virtual billboard can present me with one promotion while you see a completely different one.

    Another huge benefit is that 100s of businesses can put up virtual billboards at the same physical location without any risk of overcrowding or running out of physical room.

    Most importantly, Virtual billboards are far less costly, more effective, impactful, flexible and engaging than traditional billboards.

    Traditionally, Businesses end up spending a large amount of time looking for the right spot to advertise their brands and products. With virtual billboards businesses can experiment with their ad formats, locations and time of day.

    As is the case with all forms of advertising, Your products or services should has an impact on your preferred ad channels and on your shortlist of locations. For instance, if you sell books and stationary then your billboards should be carefully placed around education institutions and be presented to your target clients when they are most likely to be making a buying decision that’s in favor of your business.

    Connectchief’s virtual billboards, allows business owners to advertise and to connect with customers digitally using the industry’s most cost-efficient approach

    Our software enables any business owner to advertise in the specific location they choose in any city. By using virtual billboards businesses can reach out to a larger audience in any desired locations at a minimum cost. Virtual billboards help in presenting your ads or coupons to customers when they are at a location where you wish to be on top of their mind

  • What are the various types of advertising

    Advertising is a component of marketing. The goal of advertising is to inform the customer of your message.

    Your goal as an advertiser is to put that ad up on the right platform – one that is cost effective & results-effective, where you have the highest probability of reaching your target audience.

    Ads can be broadly classified based on the type of message they contain –

    1. Trial Ad – An ad where the business is reaching out to customers asking them to try the product or services offered by the business
    2. A continuity ad – Also called a “buy more” ad, An ad where the business is reminding customers to do more transactions (continue their relationship) with the business
    3. Brand switch ad – An ad where you are inviting customers to switch to you.
    4. Invite back ad – Ad ad where you are inviting old customers who switched away to switch back to you.

  • Every business should build its ecosystem for growth

    1. Why we’re building connectchief…
    2. Every business should build its ecosystem for growth
    3. Why did we create trustENGINE?
    4. Why we are building promoENGINE?
    5. Why are we building flexxWORK?
    6. Why we’re building loyaltyENGINE?

    Every business owner wants their small business to grow into a bigger business. Everyone knows how important customers are to a business but only a few realize how equally important are great partners if you are looking to build an awesome business.

    + Every other business that works with you as a supplier or provider is interested in your growth.
    + Every business that does not compete with you but serves the same set of customers is a potential partner that you need to be collaborating with.

    Most businesses claim spend money on marketing however very few of them actually understand marketing. What most businesses call marketing is really advertising. They buy ads in all kinds of print or online media with the aim of reaching potential customers.

    There are many much cheaper and far more efficient ways of reaching customers. One of them is making friends with those who have already befriended your target customer.

    We call this – A friend to someone I wish to befriend should be my friend. Seems logical when you think of it this way. The connectchief platform enables you to discover and collaborate with businesses which are most likely to already be ‘friends with’ your target customer. If these kinds of businesses exist (and there are many of them out there) then they are most likely also interested only if you are willing to return the favor.

    As long as your businesses are mutually non-competing, they will be willing to introduce you to ‘your target customers’ that they know provided that you will be introducing them to ‘their target customers’ that you know. It sure sounds like a lot of work – unless you have a sophisticated piece of software (ahem…connectchief) that can make it happen for you both.

    Now that we’ve told you about businessconnect, We look forward to telling you more about connectchief … particularly promoENGINE.

  • Are ads a good idea for my business?

    Advertising is a good way to attract new customers and as a by-product also remind existing customers of your presence. However the goal of advertising is to inform the cusotmer of your message.
    The message in ads can be of one of 4 types. See more here

    Ads can be a good idea for your business if you have the following goals

    + You goal is to build brand recall

    Digital display ads are a great tool when your focus is to re-engage with non-returning customers or to build brand recall

    + When ad spend meets a ROI watermark

    We recommend you always have a clear ROI budget before you spend on ads. To achieve the right outcome, its equally important to be able to measure your targeted returns. As an example, if you say we want to get $1 back in revenue for every $1 spent on ads, thats an easy to achieve goal. However, are you measuring and more importantly are you able to reliably measure how much revenue you are generating from those specific ads.
    At connectchief, we often find ourselves saying “If you don’t know where you’re going, any road will get you there” This statement is as true for marketing spend on ads than anything else.

    + You wish to target users at a specific location or in a specific moment

    Running an ad for your ice-cream parlor at or near the campus of a local community college or elementary school is a great way to be in front of your customers when they are most likely to think (students wanting to hang out or families with kids looking for a treat) of a business like yours.

    Advertising a promotion is an even better way to run Ads

    + Promotions can be targeted to different user groups (aka cohorts)

    Promotions give the business a lot of flexibility. You could provide incentives to users for shopping at your store or to buy a certain product or service at an advertised price or to receive a discount for making purchases on a specific day or time. The opportunities are endless and when paired with location targeting can produce phenomenal results

    + Promotions are also a great way to acquire new customers

    Money spent on ads is cash spend. When money is given away through promotions, the spend is in goods or services – each of which have a higher perceived value to the consumer as opposed to the amount they cost you (the business owner to produce). Moreso, a promotion provides the consumer a way to try your product and services at a lower price point. You only spend, if they transact with you.

    + You are looking to engage with customers

    Promotions are generally structured as some benefit that a customer gets in exchange for a certain action. So a call-to-action is always built-into the promotion but it may not be the case for an advertisement. The ad is simply a means of informing the target user of your message.

    Advertising is meant to inform.

    Promotions are meant to engage. Promotions can be advertised too!

    What budget spend should one allocate on marketing activities ?

    This is an age old question. The answer is, it depends. As a thumb rule, if it costs you $x to acquire a custome through ads, are you able to generate 2x or better margin (not revenue) from that engagement? If yes, then the ad was worth it.

    Both ads and promotions are marketing tools. While advertising presents a reason to buy a product, sales promotion offers a short-term incentive to purchase

    The ultimate goal is to
    (1) Either acquire a new customer or
    (2) turn a one-time customer into a returning customer.
    Achieve any of the above and you are it mostly right.

    Any technology platform that offers ads allows you a lot of flexibility to experiment. Digital Ads are generally far more cost-effective over traditional media. They provide you to tune and customize your target audience. And most platforms are flexible where you can start, stop or even adjust your ad budgets at any time. The most important piece for any business (which most seem to forget is to measure if the ad or promotion is actually effective).

    PromoENGINE by connectchief takes a unique approach to promotions and ads. Our tools enable the small business to promote themselves to customers not just at vantage locations but also directly within your storefront (online or offline). Learn more about PromoENGINE and how these tools help you engage better with your target customers.

    How does a business turn a customer into a returning customer?

    Customers only return to businesses they like transacting with. They may find your product or services to be superior to other options. They may return because you are easy to do business with. They may return because your staff is caring and listens to its customers.

    To know if you are doing the right thing, you as a business owner or manager need to be in touch with your customers’ perception of the experience you and your team deliver. In business transactions, particularly service-oriented ones, customer experience issues can occur. However, a business that listens and attempts to make improvements, even if they delivered a poor experience to start, has a way higher chance of the customer returning to them vs one that seem to not care. Coming soon! with VisitXP business owners can get a quick check of their service delivery experience