Marketing your Small Business
In today’s world, business owners have to compete with the distractions of the internet, emails, social networking and other electronic media to attract potential customers’ attention. Here are some tips on how to survive and thrive from TY author and marketing expert John Sealey.
1. Find gaps in the market
Be open to targeting new niches and to focusing on new prospects who’ll be most likely to buy. To ensure a new niche is right for you use a commonality survey, which will reveal whether there’s a gap, or a number of gaps, for you to fill.
2. Embrace mobile marketing
Sending marketing promotions via mobile phones will enable you to reach people who have a device that is with them practically all the time. Most people read a text message within 90 seconds of its arrival. Mobile marketing presents an opportunity to reach more customers quickly and easily, and will give you an edge over competitors who aren’t using it.
3. Don’t dismiss traditional approaches
Traditional print marketing still has a place alongside electronic marketing. We all still have a letterbox, both at home and at work. Targeted properly, these traditional approaches are low-cost and can still be effective.
4. Use a variety of approaches
The key to successful marketing, and to surviving in tough times, is in the mix. Make sure you use a range of tactics, which make good use of your budget. Don’t neglect low- or no-cost methods, which can be just as effective as more costly approaches.
This extract is taken from Small Business Marketing In a Week by John Sealey.
Posted on: May 15, 2013
Written by: John Sealey
Topics covered: Selling and Marketing