Five
Cost-Effective Ways to Market Your Small Business
How many of your marketing goals for the year have been achieved, and
what opportunities might still be out there? Here are five tips for putting
your marketing budget to work in cost-effective ways that return the most
on your investment.
Word-of-Mouth --
Word-of-mouth may be one of the most overlooked marketing tools, but the
truth is that any company, big or small, benefits from the positive word-of-mouth
generated by a good reputation. Prospects that come to your company through
the recommendation of a friend or colleague are more likely to become
customers and to stay loyal customers. How can you build word-of-mouth?
To begin with, treat your customers well. Give them reasons to want to
tell others about your company or product or service. Join professional
organizations and Chambers of Commerce. And finally, ask your current
customers to tell others about their experience with your company. (Just
be sure it was a good experience.)
Press Releases --
Use press releases to tell people about new developments in your company,
or announce recent accomplishments, announce a new product or new service,
an award your company won, a big contract received, a new employee or
employee promotion, and the list goes on. The benefit is that press releases
are free and, depending on the publication, spread the word to a large
audience.
Direct Mail --
Direct mail is a cost-effective way to target your marketing. Build or
purchase a list of prospects that match your target demographics. Build
the list. Always be looking for ways to add to your database of prospects.
Don't delete names because they didn't buy the first time you sent them
something. Build your list. Then mail to that list regularly. Things to
send —
- Postcards. Postcards are inexpensive to produce and mail and get the
message across quickly. You can use postcards to make company announcements
similar to a press release, but targeted to your audience.
- Letters. Another highly underrated marketing tool, letters to current
customers can help build loyalty. Letters to prospective customers can
implement a very specifically targeted message. And letters, in general,
convey a sense of personal service.
Niche Advertising --
Find out what directories, trade and specialized publications, online
and offline, are relevant to your profession, product or service and get
listed. Look for opportunities to advertise in these specialized venues.
The more your message is targeted to your specific audience, the better
the return on your investment will be.
Company Web Site --
A Web Site can do a lot more than sell widgets. A good Web site will tell
potential customers what they need to know about your company and how
your product or service can solve their problems. It isn't necessary to
have a large and elaborate site. What is necessary is that you provide
information that's useful to the visitor in his decision-making. It doesn't
need lots of photos or animations or flashing messages. It needs to be
easy to navigate, clear and easy to understand, and it needs to answer
questions from the visitor's point of view. A Web site can also be used
to keep current customers up-to-date with new products and services offered.
If only the above five tools were used consistently, a small company
might never need any other marketing. The real trick is finding the right
combination of marketing venues and tools, then consistently implementing
them throughout the year. It's not as important to be clever as it is
to be consistent and persistent.
Visit http://www.pinscreative.com
to learn more about writer, designer and consultant, Cynthia Pinsonnault.
You can also subscribe to Pinsonnault Creative's free monthly "Solutions"
newsletter for more leading edge tips and tools for building your brand
through effective marketing, graphic design, Web site design and communication:
http://www.pinscreative.com/blog/
Article Source: http://EzineArticles.com/?expert=Cynthia_Pinsonnault
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