Thursday, November 10, 2016

The Ultimate Small Business Marketing Guide



The Newsy Neighbour Magazine
November Issue 109
by Larissa Stone for The Newsy Neighbour Magazine
  

In a time of economic struggle, a small business has to strategically determine where every dime is allocated. Often, marketing is the first department to be cut as it accounts to a large spend. However, imagine if you could continue to increase your presence and your leads with a decreased marketing budget. Would you do it?

If you are willing to put in the time, your company can leverage a small marketing budget and still make it through this recession on top.

Here are five effective marketing techniques that you can integrate into your marketing:

Get back to basics
Grassroots marketing is old school and effective. There is huge value in your community so get out there and make a local imprint.

A perfect example of this is Debbie Mitzer, a local Strathmore Realtor. Each year she hosts the Teddy Bear Picnic. She hands out branded Frisbees as guerilla marketing. My son now throws that Frisbee around and although I have never met Debbie, her name is imbedded in my head as a community influencer.

There are endless ways to utilize grassroots marketing. Here are some examples:
·         Join community groups
·         Volunteer
·         Join the Chamber of Commerce
·         Sponsor an event or start your own local event
·         Create a strategic partnership with another local business
No matter what grassroots approach you choose ensure your team is well versed in your elevator pitch.

Request referrals
Do you understand your audience? The more you listen to their needs and respond to their requests, the more likely they will refer your business. Show your current clients that you are on their team. Here’s how:
·         Create a "frequent buyer" rewards program
·         Create a rewarding referral strategy
·         Send past clients discounts or deal incentives to regain their business
·         Send Christmas gifts or customized birthday coupons
·         Request client testimonials/reviews on social media or Google+
·         Track your clients satisfaction through a quick and easy survey

Each client you have will know someone who would benefit from your business. Make that referral process easy for the client.

Reconnect with Email Marketing
Email marketing is an economical way to reconnect with clients, promote products/services and invest in your brand. Email Marketing is intended to massage and foster your relationships with current or past clients for repeat sales.

First, choose a platform for your email marketing campaign. MailChimp is user-friendly and provides insightful measurement tracking of the effectiveness of your email campaign.

Then, create targeted and impactful messages. Some engaging email strategies are:
·         Monthly newsletters
·         Contests
·         Exclusive deals
·         Tips, tricks and advice

No matter what your email marketing content includes, ensure it’s valuable to the end user and not spam.

Get Social
Social Media is an easy and cost-effective way to reach a large audience with direct messaging. In today’s world, if you don’t have a social media presence your competitors likely do.

There are hundreds of ways to use social media to promote your business. Choosing the outlet that will reach your target audience requires some strategy. Once you choose an outlet, commit to posting daily. Here are a few ideas to get started:
o   Blog about your business - create an inexpensive blog on Wordpress
o   Subscribe to other blogs and post comments on relevant content
o   Subscribe to Google Alerts to receive relevant news content to post about
o   Create a Google Places account and request client reviews
o   If you have lots of connections, reconnect with them on LinkedIn
A social media calendar is key to social success so your time online is spent efficiently. Without a schedule of posts, you can get lost in the World Wide Web for hours. Always set up your social media tracking so you can measure the impact of your efforts.

Give the Gift of Value
Clients like free things. Promotional marketing can be successful if the free gifts are of value to the client. Here are a few examples:

·         Coupons or freebies as a thank you for email sign-ups
·         A contest with a giveaway to the winner. Advertise that contest on social media
·         A free “How To” webinar or video
·         A free client appreciation event at your company location

With giveaway’s, the value of the gift is essential. Give your clients a taste, not the entrée.

If you want to rock your business, contact Stone Marketing today at: lstone@lstone.ca for a free 30-minute marketing analysis.

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