As a liquor store owner, you should ensure that you provide more value to your customers than just liquor to attract new customers and retain existing ones by implementing new marketing ideas. For example, you can keep existing customers by providing liquor store promotional items as a token of appreciation and by implementing liquor sales strategies such as introducing a loyalty reward program.
What Are Liquor Store Loyalty Programs?
A liquor store loyalty program is a rewards program offered by a liquor store. Customers earn points for each purchase and can redeem these points for discounts or other rewards.
Liquor store rewards programs are a great way to reward customers for their loyalty. They are also a great way to increase customer engagement and encourage customers to return to the store often.
Successful Customer Loyalty Program Elements
To successfully launch a loyalty program for your liquor store that will have a tangible impact on your business, make sure it includes the following components:
Personality: A loyalty program that extends your brand, style, and uniqueness is one of the most outward tactics your liquor store can use to strengthen its customer relationship.
Exclusivity: No customer wants to receive a slew of promotional emails or messages that provide no value. Give your customer base reasons to participate in your loyalty program. As perks for joining the loyalty program, you can include elements such as exclusive deals, discounts, or offers on their favorite drinks.
Tips for Getting Customers to Visit a Liquor Store
Other than liquor store loyalty programs, there are other methods you can use to attract a larger pool of customers to your liquor store. They are as follows:
Displays and Merchandising
Is your liquor merchandised in ways that pique the buyers’ interest while they shop? For example, if your store has light displays or the incorrect product mix in the most visible areas, you will likely lose buyers’ interest.
Prioritize high-margin items in the store’s focal points and mix products on display to appear exciting and fresh. A display shelving unit is one of the best ways to create an inviting atmosphere.
Price reductions
All customers are enthralled by the prospect of saving money while shopping, making them more likely to purchase discounted items. For example, introducing a liquor store loyalty program can encourage more customers to take advantage of the rewards program’s promotions.
To avoid losses while launching your liquor store loyalty program, take advantage of economies of scale by pricing products at deep discounts but with higher sales volume.
Product Bundles
Most liquor buyers prefer bundled drinks to buying a single set of their favorite liquor. Bundling liquor and promoting it increases customer spending and sales.
This alcohol marketing strategy will allow you to pair higher-profit-margin brands with newer brands. For example, if you are launching a new product, you can use liquor store advertising to increase sales or pair the new product with an existing one at a reduced price.
Liquor Store Marketing Ideas
As the store owner, how to market a liquor store for success depends on you drumming up excitement and power promotions to get customers through your door. Aside from the best consumer reward program, it would be best if you thought about other marketing methods to get people’s attention.
Here are some ideas for improving your liquor store advertising:
Providing Cocktail Samples
According to the Mercury News, stores with tasting corners typically see a 10% to 15% increase in sales. You can provide a cocktail sample and then sell the ingredients and the recipe so your customers can easily recreate the cocktail.
Mixology Workshops
People enjoy purchasing items that they cannot make at home. You can, however, attract customers to your liquor store by teaching them how to make various cocktails using drinks from your store—this liquor marketing idea attracts many buyers.
Personalized Items
Your liquor store can brand items like mugs, t-shirts, or bags and give them away for free to customers who buy a specific liquor brand. It may encourage more people to purchase the product to obtain brand-named items. The free items can be placed on drinks with a high-profit margin.
Final Words:
Liquor store loyalty programs are a great way to keep customers coming back, and they can be successful when you include the correct elements. Make sure your program offers tangible rewards that customers want, like discounts or free merchandise. And don’t forget about marketing! Promote your liquor store loyalty program in-store and online to get the most out of it. Ready to start rewarding your loyal customers? Loyal N Save has everything you need to get started.