Niche Marketing Plans
Marketing a Commuter and Public Transportation Business
A profitable commuter and public transportation business is about more than supply and demand. It's about designing ways to entice new customers to engage with your products and to encourage existing customers to increase the frequency of their purchases.
The marketing model for a commuter and public transportation business is a case study in business evolution, with innovative tactics and techniques being rolled out on a continuous basis.
What to know the characteristics that distinguish leading commuter and public transportation businesses from the competition? Surprisingly, the ability to create clear brand messages often outweighs product quality and other considerations.
Price Matching
In a difficult economy, consumers expect businesses to engage in a certain amount of price matching. The principle is simple: Since pricing is a primary factor in product selection, your business agrees to match advertised competitor pricing. Without price matching, if they can locate lower pricing from a competing commuter and public transportation business, buyers will jump on it. Today's consumers are educated and informed. They use social media and other tools to identify the best pricing, making it imperative for small business to consider the value of a well-publicized price matching strategy.
Marketing Collateral
Every piece of collateral your commuter and public transportation business creates is a tangible reflection of your brand distinctive and core values. To squeeze the most impact from your collateral, it needs to be targeted toward its recipients. Delivered to the wrong person, a valuable piece of collateral will collect dust. For direct mail campaigns, premium mailing lists from established vendors can protect the value of your investment. If you're like most business owners, you invest substantial resources in the creation of quality collateral. If you don't invest similar resources in mailing lists and other distribution channels, your commuter and public transportation business's marketing collateral will be wasted.
Industry Resources
Lone rangers don't survive long in a commuter and public transportation business. Most leaders are oblivious to the fact that the marketplace shows no favoritism - for every marketing challenge your business faces, there are hundreds of other businesses and leaders struggling to solve the same problem. Trade associations, business networks, and other venues usually offer resources to help you improve your marketing skills. If possible, establish a mentoring relationship with an experienced industry veteran.
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