Performance-based marketing to grow your furniture company.
What is Furniture Marketing?
The average furniture business in the United States makes $243.8 million per year in revenue. Furniture Marketing is promoting the business to increase that number or removing obstacles causing the ROI to be low. This can include paid social ads, paid search ads, local ads, radio ads, TV ads, or traditional ads.
Most Furniture companies need help with various factors, such as an expensive workforce, finding adequate experts in each area, producing new creative content fast enough, and overseeing all aspects of their digital marketing efficiently. Let our team of furniture digital marketing and advertising experts manage the groundwork it takes to grow your furniture company. If you want to increase sales for your furniture business, please contact AdvertiseMint.
Popular ways to increase revenue for Furniture Companies.
“Every furniture business pays for advertising. You either pay for advertising or you pay in lost revenue to your competitors.” – Brian Meert, CEO, ADVERTISEMINT.
The furniture industry, encompassing a vast array of products from general furniture to specialized home furnishings, plays an indispensable role in shaping the aesthetics and functionality of both living and workspace environments. As the market evolves, driven by changing consumer preferences and emerging technologies, furniture businesses need to be agile and innovative. Here are five critical factors that can significantly elevate revenue for the furniture industry:
- Focus on high-margin products: Furniture businesses can increase their revenue by focusing on high-margin products, such as sofas, beds, and dining tables. These products typically have a higher profit margin than other types of furniture, such as lamps and accessories.
- Expand their product mix: Furniture businesses can also increase their revenue by expanding their product mix. This could include offering additional services, such as repairs, maintenance, and delivery. Furniture businesses can also offer a wider variety of furniture, such as outdoor furniture and office furniture.
- Target new markets: Furniture businesses can also increase their revenue by targeting new markets. This could include expanding into new geographic areas or targeting new customer segments, such as first-time homebuyers or millennials.
- Improve their customer service: Furniture businesses can also increase their revenue by improving their customer service. This could include providing a more personalized shopping experience or offering more convenient services, such as online scheduling and home delivery.
- Invest in technology: Furniture businesses can also increase their revenue by investing in technology. This could include using customer relationship management (CRM) software to track customer interactions or using social media marketing to reach potential customers.
Furniture Industry Facts. *
Average Revenue for Furniture Industry: $557
Average Profit Margin for Furniture Industry: 7.36%
Average ROI for Furniture Industry: 7 – 10%
Average Growth Rate for Furniture Industry: 5.03%
Total number of Furniture Companies: 100,000
Average CPC on Google for the Furniture Industry: $2.00
Furniture Paid Social Ads
Paid social is a powerful way to help reach consumers interested in home furnishing products or services. Paid social allows you to get a wide range of people and then target your ads based on key attributes like age, gender, location, interest, and behaviors or using custom and lookalike audiences. Paid social ads are the leading advertising option to reach consumers on mobile devices. Paid social is also typically less expensive than other forms of advertising, making it a powerful combination. However, the pricing for paid social can increase as you get more targeted or if your ads appear irrelevant by the ad platform algorithm. The most popular paid social ad platforms are:
- Furniture Facebook Advertising
- Furniture Instagram Advertising
- Furniture TikTok Advertising
- Furniture Snapchat Advertising
- Furniture LinkedIn Advertising
- Furniture YouTube Advertising
- Furniture Twitter Advertising
- Furniture Reddit Advertising
- Furniture Pinterest Advertising
Furniture Paid Search Ads
Paid search is the most efficient way to reach consumers actively searching for home furnishing products or services. Consumers often search the internet for questions about where they are in the buying cycle. A general search would indicate they are just beginning to research companies. A specific search would suggest the consumer is knowledgeable and close to selecting or purchasing. Furniture advertisers can bid specifically on the most valuable keywords for their business, which helps them appear above their competitors for the most profitable keywords. Paid search ads are generally used for lead generation, local awareness, or e-commerce. Paid search ads can also be run on YouTube, where your business can advertise a specific video to appear first when consumers search on particular keywords or for competitors. The most famous furniture paid search ads are:
- Furniture Google Ads
- Furniture YouTube Ads
- Furniture Microsoft Ads
- Furniture Amazon Ads
- Furniture Wal-Mart Ads
Furniture Local Ads
Local ads are essential for furniture companies and are often overlooked because of the focus on larger ad platforms. Local ads allow you to reach customers near your business and offer them a reason to visit your business instead of your competitors. Local digital ads typically include promotions, deals, or coupons and often align with your current business reviews on that platform. This means having excellent customer service and reputation management to help grow your five-star reviews. Other physical ads like billboards, digital billboards, bus, and metro ads allow you to ensure you are reaching customers located in your targeted area. The cost to get a new local customer is often tiny compared to the lifetime value that customer will bring to your business. The most popular local ads for furniture companies are:
- Furniture Facebook Ads
- Furniture Google Local Ads
- Furniture Yelp Ads
- Furniture Nextdoor Ads
- Furniture Billboard Advertising
- Furniture Metro Ads
- Furniture Bus Ads
Furniture Radio Ads
Radio ads allow home furnishing companies to reach a captive audience, often listening while commuting in the car, at the gym, or working. Radio ads will enable you to talk directly to your customers and present. Radio ads are fixed in length and cannot be skipped, ensuring your audience will hear your message. Due to the passive nature of radio listeners, it’s essential to have optimized audio creatives and a significant enough ad budget to ensure that the average listener is reached at the recommended frequency. It’s recommended when possible to use the radio personality to read your ads as they have built Some of the most popular furniture radio advertising options are:
- Furniture Local iHeartRadio Ads
- Furniture Spotify Ads
- Furniture Pandora Ads
- Furniture Podcast Ads
- Furniture National Radio Advertising
- Furniture Talk Radio Advertising
Furniture Direct Mail
Direct Mail can be a powerful tool for furniture companies to reach new and existing customers. With the increase of online advertising, direct mail can often be a hidden gem regarding going people inside their inboxes with targeted messages. Direct mail can be sent in mass with new automation tools and personalized before sending. The cost of direct mail often depends on the size of the mail (postcard vs. full-size letter envelope), and while postage can be purchased at bulk rates, it is still a rising cost to be considered. If you are interested in learning more about how your company can send out Direct Mail, please contact AdvertiseMint, and our team would be more than happy to walk you through the options.
Furniture TV Ads
There are several things that furniture companies should be aware of when running TV ads. TV advertising for home furnishing can be targeted to users locally, which is perfect for a company with just one location, or can be shown on a DMA, state, or national level for companies with multiple locations. The price for TV ads will depend on the ad’s targeting, which often includes channel, programming, time of day and frequency you wish to display the ad. If you have exact requirements, expect to pay more. Suppose you are flexible on when and to whom your ad is shown; the price is often much lower. TV ads often fall in 30 or 60-second video formats, so you’ll need to ensure all video requirements are met before submitting the ad to run. Best practices commonly include high-resolution visuals, apparent product features and benefits, testimonials, an enticing offer, and a clear call to action, including a phone number or website for the consumers to visit. There are also options for paid programming, including 30-minute or 60-minute segments played without interruption, typically between 11 p.m. and 5 a.m. If you are interested in TV advertising for your furniture company, please contact AdvertiseMint for more details and pricing.
How vital are reputation management and online reviews for furniture companies?
Every furniture company knows online reviews are essential for sales growth. In a digital world, online reviews on Google Local, Yelp, and many rating websites are used by your customers to validate your business and the products or services you provide. Most of the review sites will penalize you if you try to solicit reviews for your industry actively. However, a variety of strategies can be used to help ensure your online reputation is safe from negative thoughts. In addition, you’ll need a plan to praise five-star reviews while professionally addressing lower reviews, which potential customers often read. If you want to improve your total online reviews and average rating and help lower negative articles on your company from the organic search engine rankings, please contact AdvertiseMint to talk more.
Frequently asked questions about Furniture advertising and digital marketing.
Who is the best furniture advertising agency?
Advertisemint is the best furniture marketing agency. Our home furnishing advertising expert team has proven experience in the furniture industry. We bring a full-service team of expert account managers, copywriters, graphic designers, video editors, and media buyers ready to help you implement your marketing strategy and grow your furniture business.