Monday, November 30, 2009

The Best Retail Holiday Promotions

By Calvin Alexander

When you are running a smaller business, you can't afford to slash prices in the same way that the super sized retail chains can, so it is important to find a better way to promote your business. The holidays is a time of year when retail businesses especially feel the pinch of the tightening of the belt so to speak and as is evident by the larger retail establishments they are preparing for a much leaner holiday season.

Smaller business owners should not fear, however, as there are a few fun and inexpensive ways that they can reach out to their customer base and even attract some new customers into their store.

Early morning promotions work really well in retail. The early bird really does get the worm or in this case the dollar, so try offering your customers something special for coming through your door first thing in the morning. Consider coffee and bagels for an early morning treat, offering an early bird special encouraging people to shop early for a special discount, or even promotional door gifts for the first people through the door. You will find that getting shoppers to your door first will help increase sales and with great promotions you will have them waiting in front for the store to open.

Also, consider incentives to buy more. This can be done by using additional savings to those who have bought a lot or a great shopping bag or other promotional gift to those who spend upward of a certain dollar amount. These promotional items will not only encourage your customers to spend more, but they will travel around with your customers serving as a further advertisement for your business.

Whatever promotion you run this holiday season, the main focus should be to get customers through your doors before they shop at any other store. This is the best way to ensure that you have a profitable holiday season.

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