A single image can attract attention, even describe what a business
Transcription
A single image can attract attention, even describe what a business
April 21, 2008 GUEST COLUMN What the right sign can do for your business By Ryan Zelinsky GOLDEN WEST ADVERTISING On-premise signage is an important element of any marketing program. A carefully selected business sign will increase new customer traffic, promote brand awareness and affect new purchase decisions. The U.S. Small Business Administration dedicates an entire section of its Web site to effective signage, stating, “Signs are the most effective, yet least expensive form of advertising for the small business.” Driving new customer traffic A well-designed sign captures the attention of passing motorists, serving as a landmark for finding your business in the future. The proper use of sign height, letter size, fonts, images, color and illumination will ensure your sign is noticed and the customer knows what you can do for them. The case study of Frenchy’s Bistro (featured on the SBA’s Web site) demonstrates the power of effective signage. The restaurant’s annual gross income had flattened at $279,000 per year. By installing a $10,045 illuminated sign, Frenchy’s increased sales 16 percent over the next 12 months. The new vshaped sign was more visible and readable for passing motorists. A survey conducted by Burger King (and others) found that 35 percent of quick-service food customers first became aware of the restaurant by seeing its sign. Other significant responses included “Always Knew” (29 percent), “Word of Mouth” (14 percent) and Advertising (10 percent). Burger King and its business neighbors used this data to prevent the city of Agoura Hills, Calif. from enforcing its high-rise pole sign ban against them. The Burger King survey also highlights the efficiency of signs. If you take the cost of an advertisement and divide it by the number of people exposed to it, you’ll arrive at a metric called Cost Per Thousand exposures (CPM). CPM often exceeds $20 for TV and radio, and $10 for radio and magazines, while signage CPM is often below $1. see SIGNS, pg 2F A single image can attract attention, even describe what a business is all about By Gaye Bunderson IDAHO BUSINESS REVIEW In the modern world, some companies still maintain traditional ways of doing things. Classic Design Studio, an eightperson sign shop in Boise, chooses to create signage with an old-fashioned flair. John Yarnell, designer and fabricator at Classic Design, said, “We keep a lot of the old ways of doing things around. We’re very traditional. We’re not a big quantity shop. We prefer to be unique, creative, and think outside the box.” The company, owned by Noel Weber, opened in 1979 and moved to its current location at Businesses give back, win honors – Briefs, pg 3F 418 S. Sixth St. in Boise in 1989. Weber apprenticed in the sign trade in his hometown of Chicago. He moved to Boise in 1979 to open his own business. Weber said, “We’re a very detail-oriented shop, and pedestrian-oriented. [We offer businesses] personality through signage.” Classic Design Studio has clients throughout the country and is mainly known through word of mouth, according to Weber. Asked how many signs he creates yearly and what his annual revenue is, he replied, “Both under a milion.” “We’re not out to do the biggest and most expensive sign,” he stated. Said Yarnell, “We’ll do a small sign, as long as it’s beautiful.” Sign companies, pgs 5-6F Getting hired, getting promoted – People, pg 8F 2F IDAHO BUSINESS REVIEW FOCUS SECTION April 21, 2008 Signage can reflect a company’s ‘personality’ SIGNS, from pg 1F The fact that signs can be viewed multiple times only serves to increase their long-term cost-effectiveness. Promoting your brand An effective sign design should start with a solid understanding of what image you want to portray to the public. Which of these descriptions best describes your customer proposition: lowest price, most innovative products or intimate customer service? Once that question is answered, an experienced sign designer can help you create an effective sign. Your sign should reflect the personality of your company. A customer’s experience should be consistent from viewing your sign, to walking in your front door, to talking with your staff and finally to completing the purchase transaction. If your sign can express the personality of your company, your customers will have the experience they expect and are more likely to return. Affecting the purchase decision The next level of sign sophistication is to display point-of-purchase messages. You can accomplish this objective with different sign options: banners and other temporary signs, vehicle wraps, manual reader boards with interchangeable letters, electronic reader boards with lines of text, and electronic billboards that can portray images in addition to text. These tools allow a business owner to communicate product, sales and service messages with passing motorists. A recent study from the University of California Berkeley concluded 68 percent of purchases during major shopping trips were unplanned, or impulse purchases. This study analyzed 30,000 purchases of 4,200 customers in 14 cities. With data like this, it’s hard to ignore the importance of attracting impulse customers to your business. The table at right sets out the Institute of Transportation Engineers’ estimates of motorists who stopped at the types of designated businesses as an “impulse” stop on their way to another destination. If your business falls into one of these categories, you may benefit from having a professional sign survey. By evaluating sign improvements or additions, you could increase your affect on purchase decisions, especially impulse purchases. In summary, on-premise signage is one of the most affordable and effective tools a business owner can employ to drive new sales, promote the company brand and affect purchase decisions. Ryan Zelinsky is general manager of Golden West Advertising in Boise. Prior to working with Golden West, he spent eight years with Sprint in operations, sales, marketing, and strategy. He has an MBA from Duke University’s Fuqua School of Business. Type of Land Use Impulse-Stop Percentages
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