5 ways on how to cut marketing spend thanks to your community
5 ways on how to cut marketing spend thanks to your community
In today's business landscape, brands are facing myriad threats. Chief among these are unsustainable customer acquisition costs, low customer loyalty and low organic reach on social media. The solution? It's no secret that involving your community in marketing campaigns can produce better results than working alone. After all, who knows your products and services better than your customers and fans? But getting started can be daunting, so where do you begin?
Decommerce shares tips with you on how to get your community involved in marketing campaigns, from start to finish. Stay tuned!
1. Get your community involved in marketing campaigns
Involving your community in your marketing campaigns is a great way to reduce your marketing spend while still achieving a high customer lifetime value. Community involvement can take many forms, from hosting events to engaging customers in your existing web shop. By involving your community in your marketing campaigns, you can create loyalty and decrease the need for paid media. In addition, involving your community can help you to better understand your customers and their needs. As a result, you can tailor your marketing campaigns to more effectively reach your target audience. Community involvement is an important part of any successful marketing campaign.
2. Crowdsource ideas for new marketing campaigns
Crowdsourcing is an excellent way to come up with new ideas for marketing campaigns. By tapping into the collective wisdom of your community, you can generate a wealth of fresh ideas at a fraction of the cost of traditional market research, and resulting in more authenticity and transparency. And because crowdsourcing involves your customers and other members of your target audience, it can also help to build loyalty and goodwill. Additionally, it can help to reduce production costs as users are providing content for free. However, it is important to consider how you will source ideas from your community.
There are many ways to crowdsource ideas for marketing campaigns. Social media platforms like Twitter and Facebook can be used, but organic reach is often low. Alternatively, surveys and pools can be sent out to customers or embedded on your website. By involving your community in the campaign planning process, you can save cost and create more loyalty among your customer base.
By incorporating user-generated content into your product listings, you can create an ongoing source of fresh ideas that will keep your marketing campaigns relevant and engaging.
3. Leverage the power of user-generated content to save costs
User-generated content (UGC) is a powerful marketing tool that can help businesses save on marketing costs while still delivering quality content to their target audience. UGC is any content that is created and published by users, rather than by businesses or marketers. This can include things like blog posts, reviews, social media posts, and even videos.
There are many benefits of using UGC in your marketing strategy. First, UGC is more credible than traditional marketing content because it comes from real people who have actually used your product or service. This can help increase conversions and sales. Additionally, UGC is often more engaging than traditional marketing content, which means it has the potential to reach a wider audience. And finally, UGC is generally less expensive to produce than traditional marketing content, which can help save you money on your overall marketing budget.
User-generated content is a powerful marketing tool that can help you save money and build loyalty among your customer base. There are many different types of user-generated content, from reviews to social media posts, and each can be leveraged to reduce marketing spend and drive sales. One way to embed user-generated content into your marketing strategy is to feature it prominently on your website or blog. This allows potential customers to see the positive experiences other people have had with your brand, which can build trust and increase conversion rates. Another way to use user-generated content is to integrating it into your eCommerce infrastructure. For example, you can allow customers to upload product photos or provide reviews directly on your product pages. This not only saves you money on production costs, but also creates a more authentic shopping experience for your customers. Ultimately, by leveraging the power of user-generated content, you can create a stronger connection with your community and reduce your marketing spend.
3 Types of User-Generated Content That Can Help You Save on Marketing Costs
1. Product Reviews
One of the most popular types of user-generated content is product reviews. These reviews can be posted on your website, social media platforms, or third-party review sites like Yelp or TripAdvisor. product reviews are a great way to get honest feedback about your product or service from real customers. They can also help increase conversions by providing potential customers with the information they need to make a purchasing decision. And finally, product reviews are relatively easy and inexpensive to generate, which makes them a great option for businesses looking to save on marketing costs.
2. Social Media Posts
Another type of user-generated content that can be beneficial for businesses is social media posts. These can include things like tweets, Facebook posts, Instagram photos, and Snapchat stories.Social media posts are a great way to connect with potential and current customers in a casual and informal setting. Additionally, they provide businesses with an opportunity to showcase their products or services in a real-world setting. And finally, social media posts are relatively easy and inexpensive to produce, which makes them another great option for businesses looking to save on marketing costs.
3. Videos
Videos are another type of user-generated content that can be beneficial for businesses. Videos can be posted on your website or social media platforms and provide potential customers with an up-close look at your product or service in action. Videos are also a great way to showcase the personality of your brand and connect with potential customers on a more personal level. And finally, videos are relatively easy and inexpensive to produce when compared to other types of marketing content like TV commercials or print ads.
These are just a few examples of the different types of user-generated content that businesses can use to save on marketing costs. If you’re looking for ways to cut down your marketing budget without sacrificing quality or results, consider incorporating some UGC into your strategy today!
If you’re looking for ways to cut down your marketing budget without sacrificing quality or results, consider incorporating some user-generated content into your strategy today! UGC is more credible than traditional marketing content because it comes from real people who have actually used your product or service. Additionally, UGC is often more engaging than traditional marketing content, which means it has the potential to reach a wider audience. And finally, UGC is generally less expensive to produce than traditional marketing content, which can help save you money on your overall marketing budget.
4. Gamify the Shopping Experience & Drive Loyalty
In an age where one-time buyers are the norm, how do you turn your online shoppers into lifelong fans? The answer is simple: gamify the shopping experience. By adding elements of fun and competition to the purchasing process, you can not only increase loyalty among your customer base, but also save on marketing costs in the long run. Here's how it works.
What is Gamification?
Gamification is the process of adding game-like elements to a non-game situation in order to encourage a certain behavior or action. When it comes to online shopping, this might take the form of a points system (e.g., earn 10 points for every $100 spent), virtual rewards (e.g., a digital badge for writing a product review), or even leaderboards (e.g., who has spent the most money in our store this week?).
The benefits of Gamification
There are two major benefits to gamifying the shopping experience: increased loyalty and decreased marketing costs. Let's take a closer look at each.
Increased Loyalty
By adding elements of fun and competition to the purchasing process, you can encourage shoppers to come back to your store again and again. After all, who doesn't love earning points or bragging rights? The more times shoppers visit your store, the more likely they are to become lifelong fans. And that means more money in your pocket over time.
Decreased Marketing Costs
Loyal customers mean less money spent on marketing and advertising. That's because it's cheaper to keep a customer than it is to win a new one. So, by gamifying the shopping experience and encouraging loyalty among your customer base, you can save yourself a pretty penny in marketing costs down the road. It's a win-win!
The Verdict :
Are you ready to take your online shop to the next level? Then consider gamifying the shopping experience! By adding elements of fun and competition, you can increase loyalty among your customer base and decrease marketing costs in the long run.
5. Reward customers for contributions
How to Keep Your Customers Coming Back for More?
If you're running an online shop, then you know that generating traffic can be a costly endeavor. You also know that it's important to keep your customers coming back to your site, so that they make repeat purchases. So, how can you reward your customers for their contributions, and make them come back to your web shop again and again?
The answer is simple: offer them rewards. By offering your customers rewards for their contributions—such as leaving reviews, sharing products on social media, or making referrals—you can drive down your costs of customer acquisition, while also driving more relevant traffic to your site. Not only that, but you'll also find that your customers are more likely to come back and make repeat purchases if they feel appreciated and valued.
So how do you go about offering rewards to your customers? There are a few different ways, but one of the simplest is to offer discounts or coupons. You can also offer loyalty points that can be redeemed for future purchases, or enter customers into drawings or contests where they can win prizes. Whatever route you choose, make sure that the rewards are valuable enough to motivate your customers, but not so valuable that they break the bank.
Conclusion:
Offering rewards to your customers is a great way to keep them coming back for more, while also driving down your customer acquisition costs. There are a number of different ways to offer rewards, so find the one that makes the most sense for your business. And don't forget to make sure that the rewards are valuable enough to motivate your customers—but not so valuable that they break the bank!
6. Bring your community to your own website (and host them there)
Community involvement is key to decreasing your marketing spend. By hosting, engaging, and rewarding your brand's community in your existing web shop, you can achieve higher customer lifetime value without spending more on paid media.
If you're not bringing your community to your own website, you're missing out on a valuable opportunity to decrease your marketing spend. By hosting, engaging, and rewarding your brand's community in your existing web shop, you can achieve higher customer lifetime value without spending more on paid media.
Here's how it works:
By inviting your community to engage with your brand on your website, you're able to get in front of them more frequently and reduce the amount you need to spend on paid media to reach them. Paid media is still important, but if you can reduce the amount you need to spend by even a little bit, it can have a big impact on your bottom line.
And, when people are already engaged with your brand on your website, they're more likely to make a purchase or take another desired action. So not only will you be saving money by bringing your community to your own website, but you'll also be generating more revenue. It's a win-win!
Of course, simply having a website isn't enough. You also need to make sure that your website is optimized for engagement and conversion. That means having great content, easy navigation, and a user-friendly design. If your website isn't up to par, it's not going to matter how much effort you put into driving traffic there—you're not going to see the results you want.
Conclusion:
Bringing your community to your own website is a great way to reduce your marketing spend and increase customer lifetime value. If you do all of that, you'll be well on your way to generating more revenue without having to spend more on paid media.
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