Carpet & Flooring Retailer
Situation/Context
- Seven retail stores in the Dallas metro area with total annual revenues of $20 million
- Number of shoppers decreasing while competitors was increasing
- Shop-to-buy ratio dropped from 67% to 32% over nearly three-year period
- Media spending decreased 39% vs. competitors at 29% over two years
Challenge/Objective
- Increase lead pool of shoppers
- Improve close ratio from current shopper-to-buyer conversion rate
DMNmedia Solution
- Develop target audience profiles (“CFO Mom” who makes 85% of household spending decisions)
- Map target consumer profile against DMNmedia portfolio readers
- Develop new print creative with compelling offer and distinct call to action
- Media plan using full market wrap, full market insert and Hispanic-targeted spadea
- Website refresh, new banner ads and links to TV advertising
- Internal sales promotion aimed at improving lead tracking
Results
- Sales leads increased 41% in September and 52% in October
- Performance directly tracked to DMNmedia media portfolio and creative
- Up to three times the performance of competitive print products