Friday, April 3, 2020

7 Effective Ways to Market Small Businesses on a Budget

Having a brilliant business idea and a good business logo is an excellent place to start towards establishing a successful business. But it should not end there – you need to find ways to find effective ways to reach your customers.

While you have the best products or services around the globe, that alone is not enough if potential customers cannot find your business. So, apart from offering high-quality products and services, you need to derive a perfect marketing strategy.

Below are some effective tips you can use to increase the visibility of your business and help boost your sales.

Let’s get started:

1.       Establish Your Brand

One of the most effective ways to communicate about your business is through having a clear identity. You need to choose a name as well as a logo that clearly states what your company does and what it stands for.

There are various ways to achieve this. For instance, you can decide to hire a freelancer or even collaborate with an established agency. While this can be costly, the results you get will justify the means. Remember some popular companies, for instance, MacDonald’s are known for their brand, colors, and logos.

To build awareness and visibility, consider putting your logo on everything, including business cards, advertising, email signature, business envelopes, among others.

2.       Know Your Target Audience

Don’t be mistaken, there’s no one-fits-all strategy when it comes to marketing your business. Different companies have different requirements and so you need to take time to learn your business as well as your customers before settling on a marketing strategy for your business.

You should consider your target customers before deciding which elements to include in your marketing strategy.

Where are they located? What is their demographic? What is their age group? How do they search for your products? What online platforms are they using?

Considering such details carefully will go a long way in helping you develop the most effective marketing strategy that is likely to bring the much-needed results.

3.       Consider Going Guerilla

Ever heard of guerilla marketing? This strategy seeks to use originality, creativity, and imagination, to come with a surprising yet memorable impression. If you’re looking for a budget-friendly marketing strategy, then you may want to go guerilla.

Small businesses with a limited marketing budget usually use this strategy to compete with giant companies. Wondering about some powerful guerilla marketing ideas you can use? Consider the following examples:

You can seek the help of undercover agents in promoting your products to potential customers if you’re selling products that can be sold on the street.

You can hire a person to create attractive art with chalk for your brick and mortar business setup.

Organize people to garner crowd attention for your business.

4.       Take Advantage of Your Community

Sometimes you don’t have to look afar when it comes to marketing your brand. You can leverage your community by thinking locally.

You can decide to sponsor a small group of people for a walk/run. This way, you’ll get to know your community much better.

What’s more, it offers an excellent opportunity to know your ideal customers, and get to know their way of thinking as well as where they spend most of their time.

5.       Use Facebook Ads

If your marketing efforts are targeted at a specific audience, then you may want to utilize Facebook ads. Sex, age, location, online habits, interests, etc. are among the factors that your advertising should focus on.

The best thing is that this system is easy to use and comes at a reasonable cost. It offers an excellent way for businesses to reach a large target audience within a short time.

6.       Create Valuable Content

If you didn’t know, Google, just like potential customers love great and valuable content.

Take advantage of the numerous ways of sharing information such as blogging, hosting podcasts, creating videos, submitting informative articles to authority sites, designing infographics, among others.

Through this, you will not just be viewed as an expert but also gain free traffic.

7.       Leverage on the Power of SEO

Google searches are among the most effective ways to gain traffic on your site. Be sure to optimize the keywords on your page to ensure you rank high on searches.

And since having your site appear on the first page of search results goes a long way in boosting your chances of getting a click, you should everything possible to be there.



from Feedster https://www.feedster.com/small-business/7-effective-ways-to-market-small-businesses-on-a-budget/

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