Retail Business Solutions | Neovora

Retailers from coast to coast are in a fight for their survival.

From restaurants to local gyms… to furniture companies and clothing boutiques… there has never been a time in US history where it has been more of a struggle to survive than in the US right now. Let’s look at some of the main issues our local retailers are facing right now:

  • The cost of doing business is higher than ever resulting in higher wages and infrastructure…
  • The costs of advertising in virtually every advertising channel has more than doubled over the past 4 years…
  • It costs 2x as much to acquire a new customer than it did just a mere 4 years ago…
  • Customer attention and retention (loyalty) is at its lowest point in over 9 years… with price conscious buyers shopping the best deals available…
  • With local and global competitors outpricing each other… creating a darned hard environment for any retailer to make ends meet.

On top of all of this, you’re most likely not a marketer, a technology geek, a soothsayer, a magician, nor a Greek God (or Goddess)…

You’re a local retail business owner trying to build a successful company in a very tough marketplace.

You want your family and employees to be successful

You’ve built up a business. You want to provide for both your family and the families of your hardworking employees. You want to create a future for everyone… but the environment is a pretty tough one.

One thing is for certain…

… in order to grow you need to find an affordable solution that will ensure a steady stream of buying customers… all the while executing a marketing strategy to get them to:

Frequent customers buy more often

1. Buy More Often

Grow your bottom line

2. Buy More During Each Visit

Referrals and Testimonials

3. Recommend You And Your Business To Others

But the question really is… honestly… how do you do that?

There are many paid solutions out there, but they always require both your time and your money in order to put them in place and monitor them. And, if you don’t monitor them closely, they can get you spending a great deal more money than you had planned, resulting in reduced ROI, if any ROI at all.

However, there is a silver-lining… as you have one major advantage over service-oriented businesses in your area.

As a retailer, you have customers who come to your establishment, spend time shopping, eating, getting their hair cut, being entertained… no matter what your specific industry is the POINT is… they are coming to your store. This is a major advantage, especially if leveraged properly.

So what can you offer a hungry crowd?

Retailers have a huge advantage