5 Keys to Transform Your Business into a Lifestyle Brand

In today’s digital era, anyone can have an idea and start a business. Only a few, however, can truly become lifestyle brands with a devoted customer base. Great lifestyle brands have personality, influence behavior and create a strong connection with their audience. 

Here are five keys that will transform your business into one of the greats by building customer retention, brand loyalty and overall profit growth.

1. Understand Your Audience 

Integral to all facets of a business, you need to thoroughly understand your audience. The best way to do this is by creating buyer personas—or semi-fictional characters who represent your optimal consumers based on detailed market research. 

The most important things to include when developing these personas are:

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5 Innovative Pop-Up Shop Ideas Your Brand Can Emulate

Have you noticed how pop-up shops have literally been “popping” up everywhere? According to research by Storefront, a marketplace for short-term retail spaces, the temporary retail (i.e. pop-up) industry is expected to generate $80 billion per year.

From streetwear brands to influencer collaborations, pop-up events provide an exciting way for online retailers to connect with customers face-to-face. Additionally, they allow you to test out new markets and receive direct feedback to make any necessary changes with inventory moving forward.

That said, if you’re going to do it—do it right. A pop-up shop is the perfect opportunity to find an Instagrammable moment for your audience, which can catapult social and word of mouth awareness. From concept to creation, they require a significant time commitment and a decent amount of upfront costs, however, the return will be well worth it. Businesses have consistently found that pop-up shops are cost-effective in the end, and way less expensive than a traditional brick-and-mortar location.  

Here are five innovative ideas your brand can emulate, once you have a little revenue in the bank:

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Dime MTL: How Teenagers Built a Legendary Brand

In today’s retail landscape, online storefronts and strong brand social followings reign supreme. One of the most exciting aspects about the rise of the online retail experience is that success is available to anyone with a real vision, knack for identifying trends, and strong ambition.

Never has there been a better time for mom-and-pop shops and small team brands to make it big. For some true underdog inspiration, look no further than Dime MTL, a Montreal based skate-streetwear giant. The story of how a group of teens came together to create a streetwear staple shows the power of community and niche markets.

The Dime legacy

The origin of Dime began in 2005, when teenagers Antoine Asselin, Phil Lavoie, Bob Lasalle, Hugo Balek, Charles Rivard, Eric Riedl and Alexis Lacroix began posting collections of silly (but impressive) skate videos to the backdrop of nostalgic 90s hip-hop beats. Within a few years, they had gained a small cult following in Canada and decided to make their first batch of 100 t-shirts at a local print shop under the original moniker, “Dimestore Crew.”

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4 Ways To Take Your Business to New Heights w/ Hybrid Marketing

Brandon Levy first opened his storefront after moving his decorated-apparel business out of his garage. At that time, he offered his local community a one-week-only coupon for one free monogram on any item they brought to his shop. The Denver, NC-based business ended up having a great turnout, in part because Levy used Facebook’s paid ads to promote his offer. “People loved the idea of something free—who doesn’t, right—and the majority of people who came in for their monograms also purchased another product or service,” says Levy, president and owner of Digitize4u.

Levy’s strategy was a great example of what’s often called hybrid marketing. This marriage of online and offline marketing allows marketers and business owners to combine two effective concepts, into one streamlined campaign. Plus, with the power behind hybrid marketing, you’re more likely to see better ROI on your advertising dollars, via better conversion or expanded market reach. “It’s a bricks-and-clicks approach,” says Luke Webster, a digital marketing analyst with San Diego, CA-based Miva. “Your company most likely already has some type of physical location, along with a digital presence.”

Focus Is Key

In the current multichannel browsing-and-buying climate, you can’t just focus on one or two marketing channels to get your message out to prospects and customers. Instead, it’s vital that your company crafts a marketing strategy using varied platforms and mediums to connect with the appropriate audience. 

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