Marketing Secrets for Small Business Owners
If you're a small business owner, you're probably wondering
where you can get the biggest bang for the buck with your
marketing dollars. As a veteran marketing professional and small
business owner myself, I understand the importance of making the
most from a limited marketing budget.
The good news for today's small business owner is that the
Internet and local advertising can provide targeted reach at a
reasonable cost. In particular, email, Internet marketing, and
classified advertising, can generate huge returns for your
business.
* Email Marketing. Each year, nearly 20 billion emails are sent
to consumers and businesses. As many as 60 percent of these
emails are considered SPAM and about 20% are automatically
tagged as such - making their way into the SPAM mailbox of your
everyday email client.
However, what most email marketers fail to tell you is that the
most productive email solicitations don't come from businesses,
they come from word-of-mouth or viral marketing. Viral marketing
is the practice of telling others about a positive experience
with a brand, product or service.
As a small business owner, you can take advantage of email
marketing by simply encouraging those who receive your emails to
forward them to a friend. Also, tag your web pages with a "tell
a friend" button which allows for easy emailing of a web page,
URL, PDF, or related document. These features cost little or
nothing to implement and can generate impressive results.
* Internet Marketing. Often the topic of Internet marketing
scares off small business owners. However, Internet marketing
itself can be an effective tool if leveraged appropriately.
There are a variety of Internet marketing mediums. These options
include "pay-for" Internet marketing options such as Google
AdSense, the Yahoo! Directory and so on as well as free or cost
neutral options.
In Internet marketing, there are a couple of techniques that are
highly effective and cost little or nothing to implement. The
first and most popular is article marketing. Are you a subject
matter expert? If you are, provide articles to other well known
websites that can get your company name and URL out there. This
can be done for free and provides the added benefit of having
other sites link to your website, increasing your site's link
popularity scores.
The second Internet marketing strategy that can drive you
business is an affiliate program. At its most basic level, an
affiliate program allows other website or companies to sell your
products and receive a commission. Explore affiliate programs
that can help distribute your products or services.
* Classified Advertising. Still one of the best and most
affordable ways to sell your product, classified advertising can
be effective if you run your ad for multiple weeks. For as
little as $30 per week or less, you can get your company name,
product, website, or other unique identifier in front of a local
audience.
Weekly papers are especially good if you are targeting a small
area. These local papers are also well read - often cover to
cover. So, if you want to advertise, forget the large display
ads, magazine ads, or anything that costs more than $100. Spend
your money on classified ads and measure the response.
Marketing doesn't have to break the bank for the small business
owner. In fact, it should be seen as an important way to drive
revenue for your business. If you have little or no money to
spend on marketing, be sure to take advantage of email
marketing, Internet marketing, and classified ads to drive the
success of your business. Also, make sure that everything you
distribute (letters, invoices, business cards, and even your
voicemail) mentions your company name and website.