PawnMaster Blog

Social Media Marketing

We take pride in our marketing efforts here at Data Age and in turn often get the opportunity to answer our customers' questions about marketing and promotions. Shop owners often want to know how they can go about marketing their business online. We've put together a starter's guide to Social Media Marketing to help you get a leg up when promoting your business online.

Facebook: More Than Just A "Place for Friends"

(This article originally appeared as "Pawn Connections" in the Fall 2018 issue of National Pawnbrokers magazine)

I remember when Facebook first came to my attention back in 2005. My college classmates were talking about a website where you could “connect” with one another and post messages on each other’s “walls”.  Our school had just become eligible to be part of this “social network” and I though hey, why not sign up and see what this is all about. Little did I know that within a decade, this Place for Friends (Facebook’s original tagline) would expand into the realm of marketing and sales, eventually becoming the third most visited website in the world.

How Important is Social Media Presence?

If I would have told you ten years ago that Facebook would become the third most visited site in the world and a major player in the world of marketing and eCommerce, you would have looked at me like I had three heads. But that's exactly where we're at in this ever-expanding digital age. More than 2 billion people use Facebook on a daily basis. That's a little more than one fourth of Earth's population. If you don't have a Facebook page for your business, I have to ask; What are you thinking?!

Why Pawnbrokers Should Use Social Media to Sell Inventory

Who can remember keeping the ads in the Sunday paper and using these to value items coming in the door, especially as a price guide for inventory coming out for sale?  Ahh, talk about the good ol’ days!  Customers would come in and see a TV that looked to be a good deal, haggle a little, and buy it!  How times have changed!  Now, everything out for sale in your store can be price checked with eBay, Amazon, or any other retail store in a matter of minutes. 

Business Spotlight: Social Proofing... No Longer a Luxury

As we continue to examine the power of the customer in a one-click market and how social media impacts business, the need to have the market validate the value you state you deliver, has become more important than ever before. Social proofing is no longer a phenomena it is a legitimate methodology and one any great company needs to embrace and master. What we now call social proofing, used to be mainly driven by endorsements. The big name athlete getting paid to talk about a product. As we all know the concept does drive people to the product but once the product was consumed no one really had the chance to hear about the end results. 

Eight Ideas for Marketing Your Pawn Shop on Social Media

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  1. Post photos of your products. Even if the people following you aren’t looking for a specific item, they may know someone who is. Be sure to include some information in the comment section such as size, price, etc.

 

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