Tips to Improve Marketing

Marketing a Futons and Accessories Business

The value and earning capacity of a futons and accessories business largely depends on the quality of its marketing efforts. But great marketing takes a lot more than hanging a shingle and hoping for the best.

Communicating the strengths of a futons and accessories business is an unforgiving exercise, full of hurdles and hidden challenges.

Concerned about customer loyalty? Producing high quality products isn't enough to lure customers back to your business. These days, customers expect value and nothing communicates value more than a solid marketing plan.

Do We Really Need A Logo?

Having a strong logo for a futons and accessories business is a critical consideration. We live in a visual world and logos are tangible expressions of your organization's key messages. Logos aren't something that can be changed overnight so it's important to put some thought into logo design. With a lot riding on a logo, it's worth the investment to hire a professional marketing and design firm for your logo needs.

Cost Tracking

Cost is an issue in marketing a futons and accessories business. You can't afford to waste money on inferior marketing resources. Since every dollar counts, it pays to buy mailing lists from trusted vendors. Good mailing lists are money in the bank; they deliver leads, revenue and most importantly, new customers.

Another way to control costs is to conduct periodic across-the-board cost audits designed to highlight areas that are ripe for reductions.

Contests

You've seen the contest concept in action, even if it wasn't used in a futons and accessories business. A well-designed contest has the potential to generate buzz about your company and create a fun atmosphere for promoting your core business offerings. Even good contests carry risks, namely the possibility that your business will be dogged by allegations of unfair prize awards. As a result futons and accessories businesses invest time and resources to create contests they can count on to achieve desired outcomes.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary