What Targeted Marketing Strategies Really Mean for Your Business in 2020

Target marketing involves attracting the customers who will buy what you are selling, time and time again. You will need to know who will be purchasing your products or your services, why they would need either, and how to reach these customers  Target marketing is the most effective way to ensure that consumers come to you and can be done by reaching into your target’s hobbies, interests, and needs. 

Before Target Marketing

Before target marketing existed or was more well-known, marketers and advertisers used cohort marketing and generational marketing. Targeting is different because it’s more of a refinement of the ideas that go into marketing itself. In the past, men would go to school or join the military, get a job, stay in that career for years, then retire. This was known as generational marketing. This made marketing extremely easy for businesses, especially if you were a small one because you knew all of your customers by name. However, branching off to new customers was difficult because you had very few options before the 1970s.

Cohort marketing is the concept of looking at what people purchase based on their buying patterns and past purchases, because of store loyalty programs, and credit card usage as technology is advancing. Cohort marketing is effective when it comes to grouping consumers for the use of targeted advertising, and is the most-used method.

Now that it is 2020, targeted marketing has become popular. Businesses are at their A-game, trying to become the best, which can create quite a stir when it comes to fitting into your market and drawing in all of the customers you will need to succeed. Targeted marketing strategies for your business in 2020 means a fresh start, perhaps going down a different road to try to wrangle up some fresh consumers. You can gain more and more business each day even if your business is seasonal, like landscaping. Marketing strategies are the key to ensuring that your business soars, and because of the resources we have these days, 2020 will be a prime year for targeted marketing strategies.

Paid Placements on the Proper Platforms

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B2B marketing teams are perfect for targeted marketing projects, such as large publishers and social networks. For example, your business has an online presence for your clothing, accessories, handbags, or whatever the case may be, and you’re looking for a sponsored content placement. Facebook, Pinterest, Twitter, LinkedIn, and Snapchat offer ads to promote businesses that offer products and services such as yours. Facebook, for example, works with people’s interests and likes to produce suggestions of various businesses that they may be interested in, which could very well be yours. 

To go about this targeted marketing strategy the best way possible, you will first need to understand digital properties and how they can perform best for you. You will need to build a relationship and a budget around a certain content placement and sponsorship opportunities to gain the best of both worlds. Your targeting strategy could be through short videos that explain your products or services, images of said products or your employees conducting your services, and infographics that will speak to your targeted audience directly. 

Mobile Domination

Social Media Marketing

Mobile applications are all the rage, and there is an app for just about everything. This targeted marketing strategy is extremely effective because of its simplicity. For example, you are targeting consumers who need roof repair done. You can do so by creating a mobile app for the Apple and Google Play mobile application stores, so future clients and customers can set up appointments with you using their phones. This is also the same if you have a business that sells clothing or accessories. With mobile applications, your customers can easily shop online through their phones.

Mobile applications are not a thing of the future, considering the fact that they’ve been around for years, but businesses are continuing to make their mobile presence known because of how effective it really is. If your business does not have its own mobile app yet, consider creating one. This targeted marketing strategy is aimed at those who do more online shopping than they do they face-to-face and is extremely beneficial to those who may not have the time to stop into your store or your office and say hello. 

There are even special options to help you get higher rankings when you decide to use web-based targeted marketing strategies.

In conclusion, targeted marketing strategies mean big business for your business, if gone about the right way. Putting your business out there is a great way to attract more business, but when you have a specific target audience in mind, you know you’re going to do well. This can be done through online platforms, mobile applications, and even specific advertisements that will relate to your business clients’ interests.

Author: Usman Raza is the co-founder of a Christian Social Media Agency and marketing strategist working with various brands online. Usman is the content marketing manager at an Email Marketing Agency in Los Angeles, Best PSD to WordPress, and Nano Hearing Aids. He is devoted to helping small businesses bridge success gaps by providing in-depth, actionable advice on digital marketing, SEO, and small business growth. Follow him on Twitter @usmanintrotech.

 

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