Recently updated on May 24th, 2023 at 03:02 pm
It’s that time of year again – and with 90% of Australians on the lookout for EOFY deals, you don’t want to miss out on the chance to boost your sales.
The end of the financial year (EOFY) is an exciting time for businesses; a golden opportunity to clear out inventory and maximise profits. With customers eagerly waiting for the best deals, it’s crucial to have a well-planned marketing strategy to make the most out of this lucrative period.
In this blog post, we’ll be sharing effective marketing ideas so you can make the most out of the EOFY period. From offering discounts to launching social media campaigns, these ideas will help you develop a comprehensive marketing plan that will take your business to the next level.
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7 EOFY Marketing Ideas to Boost Sales
Discounts and promotions
One of the most effective ways to boost sales during the EOFY period is by offering discounts and launching promotions. Customers are always on the lookout for good deals, and this is the perfect time to offer them. You can offer discounts such as BOGO (buy one get one), do bundle deals, offer a freebie with every purchase or even free shipping to encourage customers to buy. If you are an e-commerce business, ask your website developer for easy-to-deploy platforms that will make creating and managing coupons and vouchers a breeze.
EOFY email campaigns
Email campaigns are an effective way to reach out to customers and promote your EOFY deals. Use your email list to send out newsletters and promotional emails that highlight your EOFY offers. Create eye-catching subject lines and make sure your email content is engaging and informative.
Social media challenges and contests
Social media challenges and contests are a fun way to engage with customers and generate buzz around your brand. You can create challenges that require customers to post photos or videos featuring your products or use specific hashtags to enter the contest. You can also offer prizes and incentives to increase participation and build brand loyalty.
In-store events
Hosting in-store events and workshops is a great way to engage with customers in person and build relationships. You can showcase your products and services, offer exclusive deals, and provide a unique shopping experience that can't be found online. It's also an opportunity to collect customer feedback and gain insights into their preferences and needs.
Referral programs
Referral programs are a fantastic way to leverage your existing customer base to acquire new customers. By offering incentives to customers who refer friends and family to your business, you can generate new leads and increase sales. This type of program is also effective in building brand loyalty, as customers who refer others to your business feel a sense of ownership and pride in doing so.
Google Ads
Google Ads is a powerful tool that can help you reach out to customers who are actively searching for products like yours. Use Google Ads to create targeted campaigns that promote your EOFY deals. Use relevant keywords and ad copy that highlights your promotions and discounts.
EOFY Landing Page
Creating a dedicated landing page for your EOFY deals can help you showcase your promotions and discounts more effectively, especially when utilised in tandem with Google Ads. Use eye-catching design and persuasive copy to highlight your offers and make it easy for customers to make a purchase.
Ready to Boost Your Bottom Line?
Remember, all businesses will be competing for the lion’s share of EOFY sales. By having an innovative EOFY marketing campaign, you can up your game and attract more customers.
At Spark, we understand the importance of making the most out of the EOFY period. Our team of digital marketing experts can help you create a tailored strategy to maximise your sales and reach your EOFY goals.
From developing a plan, to creating stunning visuals and compelling copy for your campaign, talk to Spark and take advantage of the EOFY period!
