5 Low Cost Marketing Strategies For Small Business

The competitions among small business is high. To compete effectively, business owners need to be ready to give marketing all it takes. And really, no matter how outstanding the product of a particular business is, without getting it to the views of the target customer, the business will hardly make any profit. As indicated above, marketing is a core part of any business operation. It can make the difference between a blooming business as well as struggling business.

There are various forms of marketing available to businesses today. With the advent and advances in technology, the forms of marketing have also evolved over the years. Thus, identifying the best form of marketing that suits your business is important for success.

We have identified some effective marketing strategies that small business owners could embrace.

1. Directory Marketing


It is no news that online marketing is becoming more effective by the day. A part of this is directory marketing. I will be using
as an example to make my point on directory marketing. Yelp is a database of information where citizens of various part of the country can search for whatever business they desire. They could also get ample information about whatever business or service they are after. The directory site also provides opportunity for users to read other user's review on their experience with a certain firm. Having a strong presence on Yelp can be a feather to the cap of your business. Business owners could boost their marketing strategies through a strong presence on online directory like yelp.

2. Fax Marketing


One of the oldest, yet effective means of marketing is fax marketing. It is a very effective form of marketing because it could easily be targeted. And do not think of fax as that ancient machine that just consumes space. Technology has evolved such that the modern fax machine works with the email system. One version of the remodeling of faxing system is
. Fax is very effective if the desire is to target a specific set of people. This will give business owners the opportunity to send personalized message to individuals and imagine how individuals will feel on having a direct message from the business owner. Note that a well-placed and timed personalized fax has the power to impress people and make them feel regarded as an individual just than any faceless consumer. This is one of the advantages of fax over other form of marketing.

3. SMS Marketing


Although still up for debate, many people believe that
is the next best idea in digital marketing. SMS marketing offers ridiculously high open rates, quick responses, and robust customer feedback. However, understanding the rules to follow and being mindful of customer's needs is important for a
. However, if done well, SMS marketing can be a powerful component of your digital marketing strategy.

 

4. Content marketing


One of the most effective way to go about content marketing is by starting a blog. It is a great way to build up a community of people genuinely interested in what your business offers. A blog serves as a platform to share your success with your audience as well as your struggle. Besides, you should aim at providing relevant information about the class of business you are for your customers.

Do not let marketing be the driving force for your blog. Try and offer people genuine information relating to the line of business you are in. This way, your audience will have a sense of belonging compared to trying to market to them every now and then. There are quite a number of free blog services you could subscribe to for a start.

 

5. Social Marketing


The use of social media as a marketing strategy is an undeniable force in today's world. Social media is the largest gathering of people of all age, tribe and colors. What other avenue do you have to take your business to their presence?

A Facebook fan page, a verified twitter account, instagram etc. are social platforms your business could embrace for effective marketing. Via a social platform, you could do almost whatever you want such as create awareness for your business, offer promotions, share new services/discoveries etc. Bear in mind however that it does not just stop at having an account, being active and keeping up with activities is also essential.

On a final note, while a particular marketing strategy might not yield much on the onset, it is however a guaranteed way to increase awareness about the availability, uses and benefits of your product.