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If you aren’t using social media or other online marketing approaches, you’re part of the minority. The key to being a successful retailer in the coming years will lie in your ability to connect with the new generation of millennials and even younger people who now hold massive buying power in today’s economy. And, quite frankly, if you aren’t using online marketing tactics, then you’re missing out on this very important demographic. Already, 72 percent of millennials research an establishment online before walking in to shop. You can leverage online marketing to maximize offline sales -- here are some helpful strategies and tangible takeaways. Related: How Retailers Are Thriving Despite the Supposed Death of Their Industry One of the best strategies is to build an online community around a subject matter or niche that’s related to your core product offering. If you’ve primarily been a brick and mortar retailer and now you’re venturing into the online world more, I always recommend content marketing of some kind, since so many people are consuming content now. You’re eventual goal should be to pump out material on a regular basis that highlights your expertise in the type of business you run. For example, think of a big company that offers tax preparation services. It runs a blog that features stories about new tax rules or tips on tax exemptions.
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