• Marketing Difference between the Small Businesses and Larger Companies

  Filed under Facts, Marketing Info, Marketing News
  May 10

  

  If you are like the majority of small business owners your marketing budget is limited. The most effective way to market your company is to create a well rounded program that combines sales activities with your marketing tactics. Your sales activities will not only decrease your out-of-pocket marketing expense but it also adds the value of interacting with your prospective customers and clients. This is priceless.Small businesses typically have a limited marketing budget if any at all. Does that mean you can’t run with the big dogs? Absolutely not. It just means you have to think a little more creatively.  How about launching your marketing campaign by doing one of the following:

  • Call your vendors or associates and ask them to participate with you in co-op advertising.
  • Take some time to send your existing customers’ referrals and buying incentives.
  • Have you thought about introducing yourself to the media? Free publicity has the potential to boost your business. Position yourself as an expert in your field.
  • Invite people into your store by piggybacking onto an event. What about a concert coming to town, willing to sell those tickets for them? If not, how about a walkathon that is taking place in your area, why not be public outreach and distribute their material?

  When you do spend money on marketing, don’t forget to create a way to track those marketing efforts. You can do this by coding your ads, using multiple toll-free telephone numbers, and asking prospects where they heard about you. This enables you to notice when a marketing tactic stops working. You can then quickly replace it with a better choice or method.

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