low-cost

3 all time cost effective marketing arsenals

Economic crunch obviously slowed everything down, which gives you all the more reason to craft your most creative marketing methods. Below are so far the best cost effective marketing arsenals you may use to meet the challenges for hard times.

1. Write down your marketing plan

All the great people write their greatest idea. A written marketing plan makes it look more tangible than just a mere idea. It does not require anything hard or costly, you only need a pen and a piece of paper, just like that, and the returns are proven to be exceedingly great. Having a marketing plan is like having a powerful guide to achieving your purpose. It serves as your steering wheel that helps you reach your destination. According to research, there is a dramatic increase on the likelihood of achieving your goals when your write down what you have planned. However, when you write down your marketing plan, you do not need to make it complex.

2. Maximise the space in your business card

Your business card should speak more about what you do and why they would even bother to call you. Every business card has two sides, and you definitely could use up both spaces to boost your marketing impact. On the back of your card, you may write down all the benefits your prospective clients will supposedly get if they will patronise your services or products. This will not make much of an additional cost but sure the results could make such a difference.

3. Have an audience oriented website

Do not be caught up with the usual pitfall of having your website as if it’s your biography. What you do is important but you actually do not need to overemphasize the obvious. What your audience really need is whether you have what it takes to supply the needed answers for their queries. Your website should not sound like you are hard selling but one that carries a tone of care. You should be able to convey to your prospective clients that you are interested in them and about them, and that you could actually ease their fears and pain. You have to sound thoughtful, and you must mean every word of it.

4. Exceed expectations

Nothing beats in gaining the loyalty of your clients than exceeding their expectations. When you promised to do it in 3 days, then do it in 2. Just like this article, the heading says 3 all time best marketing arsenals, and yet what you actually got are four. When you over deliver, your only investment is the time you put into the project but certainly your benefits far outweigh any cost.

looking down

Do you patronise your own products?

Nowadays, to convey the reliability of your own products, then you have to show you are using it yourself.

If there is someone who should be able to tell the strength and weaknesses of your products, it should be you. You should be the first one to tell if your product is either good or bad. You must be your first customer, if not the best.

Kapersky Lab, in case you have not heard of it, is a hip business in internet security, but just recently, they have been a victim of hacking. This is an unfortunate example of irony, and what could be a greater irony than this? It is apparent that they may not have used their extensive resources fighting off hackers with their own website. It is understandable if clients who used to approach Kapersky’s for their website’s security will no longer return for another year of service. What would you expect from a company who supposedly could diffuse hackers but had been hacked themselves? Businesses are based on reputation, and once it gets damaged by something that could have been long prevented, it might be on its way down hill.

The importance of being a client of your own business

The common loophole of patronising your own product is you could get overly critical. You could almost see every shortcoming without recognizing its advantages. This perfectionist attitude may be a bit detrimental but it is necessary as far as business is concern, especially if you are using the very product you sell. Among its many benefits are:

1. You will be able to pre-empt your clients. You could easily rectify whatever mistake there is before it contributes irreparable damage all because you already saw it long before the clients do.

2. You gain first hand idea of your product’s features.

3. The fact that you use your own product only shows the level of trust you have of its performance and reliability. And it will be such an effective marketing tool.

How exactly to patronize your own products

Basically, you simply use whatever it is you are selling. You should also be able to show what it really does by setting yourself as an example. If you are selling a slimming tea, you should be able to establish the fact that you are using it and you managed to lose 5 kilos in a month. Would not that be a wonderful testimonial for your business?

Below are simple steps to follow if you wish to use your own products:

1. Place yourself in your client’s shoe.

2. Never forget of documenting your goals and aspirations. Crystallize your ideas by putting them into writing. If you write your thoughts, it gains momentum which you might need in the long run.

3. Plan everything you think you need to accomplish. Leave nothing out. Be specific with what you want to achieve

4. The next best thing of course is to put all things into action. Gradually slash out the items in your checklist as you progress along.

5. One you should never forget is to place an independent minded person to evaluate the whole process for you. He must be someone, a friend, who knows how to think objectively and could really tell you honestly his most honest evaluation. This definitely works, who could resist such a marketing tool. If you are using your own product, and you say it is good, who would even dare contest what you said?

green

Improve your small business marketing by going Green

Green marketing is the new kid on the block, and it is making such buzz. It is getting popular; everyday, its popularity grows but most don’t really know what it really entails for what it is.

If your marketing strategy is geared towards sustainability and your business practices include some efforts of limiting environmental brunt, then indeed you are already becoming a practitioner of green marketing. Green marketing is basically a marketing practice that involves environmental concern by reducing destructive waste and patronizing clean energy resources among other things.

A shoe shop business owner who wishes to try green marketing might just change all his light bulbs with the one with compact fluorescent features, he might as well change his car with a hybrid power Japanese made automobile and secure for his household a water efficient dispensing system. That’s a way to go green! The next best thing that the shoe shop business owner will do is to convey his environmental stand to everyone he ever had contact with. This way, you are already performing an effective green marketing and communications method. A customer who happens to be an environmental activist at the same time may choose your own shop-produced shoes over someone else’s. She could already be prejudiced in your favour because you share his values. As a business owner, you could even further widen the coverage of your commitment to go green by resorting to having your shoes from recycled materials only or even making your enterprise carbon free. The greater the extent of your involvement to your environmental cause, all the more that you should be more vocal about your convictions. Speak about it loudly in your marketing campaigns so that people will notice your sustaining credibility. As an apparent result, you might draw more environment conscious clients to patronize your products.

It is imperative however to maintain the high quality that you have for your products. People may patronize you for your convictions, but you will gain their trust further if you are not compromising your quality standards. While you gain success on this endeavour, being loyal to your convictions, you should not however be petty in all the rest of the things. Moderation still is the key to everything. Green marketing could greatly influence any kinds of business, especially that these days, people are fast becoming environmentally conscious.

Have you ever, in any way, been influenced by today’s escalating environmental issues? Then let us know your experience and your stand on green marketing.

 

anat

Anatomy of content marketing

Every time you publish content, you establish yourself as being knowledgeable in what you do. However, your marketing strategy must really make sense otherwise you will just render all your efforts meaningless.

Getting to know content marketing

Content marketing is an opportunity to make a living by giving out relevant content to the subscribers with an ultimate intent of truly helping them with their endeavours. This might require factual creativity on your part but its sum result is gratifying in a general sense. You might confuse content marketing with advertisement; they are totally two different things. An ad entices the readers to positively react and act on their impulses at an instant, while content marketing works differently. Content marketing is generally more subtle that an ad, but it gains the trust of the readers.

Getting to know content

When you craft and post blogs, those things is content. When you tweet or make a comment, it is another form of content. Every time you publish anything, you are publishing content, no matter the context.

Getting to know the end goals of your marketing strategy

You may take things gradually; your goals may not be necessarily be flamboyant all of a sudden. You can always start small then build from it until it grows stronger and bigger.

If for example your goal is that by the end of the fiscal year, you already would have made profitable earnings from your DIY web design e-book.  With enough information about the complexity of the product, you may already start by June. By being specific as to your timeframe, it could give you a better perspective as to how you will effectively play your strategy. In the first two weeks, you might spend the time creating blog reviews on the best DIY web design tools or perform any other things that greatly utilize the marketing power of the web. The next two weeks could be spent on crafting methodologies that is a follow up of what you did in the first week. Then on your own, you may add a few more things depending on the need and style. Whatever you do, publish only a good half of the information. Keep the other half for the benefit of selling.

Making sure your strategy is working on the given time frame

If you wish to track the performance of your strategy and whether it is keeping up with the schedule, secure for yourself a content marketing calendar. It helps you put things in order and will guide you the things you need to prioritize at any given moment. If you practice tracking your strategy, it keeps you from deviating from your end goals.

Getting to know the final part of the strategy

The above mentioned strategies are just a prelude of the achievement of your strategy. This means that to complete your process of strategizing, you still need regular yet very good sales pages. If you only know how to take advantage of fully using your content, you will realize your goals in no time.

 

aaapple1

Simple marketing strategies for small businesses

Simple things more often than not are a lot more effective than anything else. In running your small business, you may simplify your marketing strategies as well.

A marketing strategy could bring your business to new heights; phases of growth that would never have been possible without any marketing strategy in place. Marketing strategies do not need to be complex for it to work, below are the simplest marketing strategies for your fledgling business:

1. Familiarize your clients’ profile

You must understand your target audience. You should be able to tell their tendencies and propensities in order for you to know their underlying reasons on their buying trends. When you do this, you could very well directly communicate with them. You could readily offer them the possible options for their needs and dilemmas. As a business owner, it really helps a lot to know what motivates your target audience to buy what they buy.

2. Be uniquely the best

You have to remember that you are not the only business owner who offers a certain service or product. Even with small businesses, competition abounds. There is a great possibility that what you are offering is just one of the many, and might not get the attention of buyers. Therefore, you have to innovate and think out of the box, you have to come up with an idea that really gets the attention of your prospects. Make your products or services inherently unique among the rest, and make it noteworthy. If all the others a selling basically the same things, then tweak it a bit and offer something uniquely beautiful yet answers the same need. When you do this, you become the only choice out there, your competitors will have to stand back and watch you soar in your industry.

3. Have a plan

Make plans, do your preparations ahead. Have a concrete time frame for which your goals will to materialize. Ideally, make an annual plan, a year-long well developed plan towards growth. You need to lay down all the needed activities for everything else to work. Include in your plan a system for which you could be able to gauge your progress.

4. Itemize your plan and evaluate it regularly

You should be able to itemize your plan, break it down into smaller pieces so you could make it a lot more manageable. This way, it is easier for you to track your progress and the efficacy of your strategy. Take some time to perform objective evaluation of you itemized progress, evaluate your performance, evaluate your next steps, and evaluate the overall behaviour of your activities. This strategy helps your business become well versed to adapt to new environment. Changes, even the unexpected ones, become a lot easier to navigate if you have made the mentioned preparations. It also allows you make spontaneous decisions if it is called for at short notice.

If you have your own small business marketing strategy, please let us hear how you got about it.

Neighbour

Peeking over the Neighbour’s Fence

I happened to bump into a former colleague at a recent convention. This former co-worker of mine told me that he learned a lot of best practices in one of my talks. He also mentioned that a very particular idea stuck with him; and from that moment on, he decided to include it in his own business’ manifesto. I tried to recall what it was, and that’s when I remembered that it was during one sales conference a few years back.

During that particular forum, I remembered that I was discussing our company’s unique selling propositions. I was telling all the attendees the factors that separated us from the rest of our competitors. During this time, I didn’t give out any of the competition’s names, but I used the term “the neighbors” when I referred to the competitors, as a whole. This has always been my style in any speaking engagement. I do it to sound more professional by avoiding dropping any names, or mentioning any competitor in particular.

Another reason why I do this is that this is my strategy to kill ‘the neighbors’ brand name. I will never mention any brand name, except ours, during any conference. This is to remove any hype from the competitors’ brand. Naming your opponents in any speaking engagement will just give them free marketing hype.

When asked about who my competitors are, I always point to the fact that ‘The Neighbors’ might be bigger companies, but they don’t necessarily have a mentionable strategic foothold in certain markets as most people believe. Usually, people assume that the bigger brand names always have their presence felt and known, in whatever market they’re in. This is not always the case for ‘the neighbors.’ Also, one of the last things I want to do is to draw any attention to them while promoting my own business.

That former colleague I bumped into, unfortunately misinterpreted this strategy of mine as indifference. He instead construed my non-mention of specific neighbor’s names as nonchalance to competitor activities.  His understanding was to exhaust all resources to get to know your business; and only your business. This was the particular idea that stuck with him and he puts it into the heart and soul of his business. During all those years of operations, never once did he pay attention to what ‘the neighbors’ were doing, and focused entirely on his own business.

This wasn’t what I was pointing out; and to clear matters up, you should always know what your ‘neighbors’ are up to. Exhaust all energy and resources on your business, but also be mindful of what your competitors are doing.  Not only does this makes you adapt and adjust to whatever the neighbors are doing, you can get best practices from it as well.

In peeking over the neighbor’s fence every now and then, you get to learn their strategies along the way, especially if these are marketing initiatives that allow them to rake in more business. Always remember that there are no limits. Copyright and trademark laws only hinder you from using the ‘neighbors’ brand and intellectual property. These laws don’t really stop you from getting the best practices and customizing certain processes to your own organization. Who knows? You can probably implement their processes better than they do.

questions

Essential Marketing Questions Every Business Owner Should Ask

Here are some essential questions to ask when you’re setting business goals and when you’re measuring  the effectiveness of your marketing strategies.

What do I want to do and achieve with this business?

This is where your mission and vision statements come in. These statements, though they look very theoretical or hypothetical, are the heart and soul of your business. Your mission and vision will always have motivating power for you; especially when the chips are down. These help you refocus on your goals as a business.

Having clear reasons for engaging in your business will push you to achieve, not only your goals, but also that targeted expansion that you’ve always wanted. You might always want to have these reminders visible. Doing so will make sure that this drive will never get out of your sight and mind. Some examples are keeping customer testimonials, commendations, and kudos. Another idea is to write down your visions and goals – even a vacation or that car you always wanted, where you can always see them. Make sure you post this board in a place where you can’t avoid to see it.

What is all of this for?

Did you get involved in your business because you intended to or did you engage in it by accident?

Engaging in business intentionally merits you justifying your actions, playing the different outcomes of your action over and over in your mind, and imagining the expected outcomes. This question also poses quite a challenge to us as it makes us face the truth, no matter how ugly it is. Facing the ugly truth, most of the time, triggers our defense mechanisms.

Though challenging as it may seem, getting comfortable asking and answering this question will make sure that everyone on the team is in-sync because each individual is working for a same, greater, cause.

What works? What doesn’t? Why?

It is always important to evaluate if your marketing initiatives are meeting their goals or not. In doing so, make sure that there is no blame or shame on anyone else. Moreover, most people are also quick to see the million reasons why things fail and troubleshoot the situation. You would need to get used to this diagnostic-reactive mindset, but at the same time, also adapt a positive strategic approach by finding out what worked and capitalizing on these.

It’s also easier to track the results of a marketing initiative if you track them per milestone. Don’t launch multiple initiatives at once if you want to really crack down on the root causes for failure or success.

What’s in it for your customers?

There’s always a reason why customers need to buy a product. Customers also need reasons as to why they need to buy now and more reasons why they need to buy from you. Ponder on these reasons and include them explicitly in all of your marketing materials. Nothing beats knowing the ins-and-outs of your target market; and putting yourself in your customers’ shoes when coming up with marketing strategies will definitely pay off.

What makes me different?

Business owners always get tangled up in coming up with a branding process that will separate them from the rest. One realization though is that you don’t have to be the only organization doing what you do or even be the best in the field. You just  have to be the provider of choice for your target niche.

burnt

How to Beat the Business Drudge

Business burnout typically starts when you try to do too much. You force yourself to drudge on just to make sure that you get to meet those targets and deadlines. Work then gets repetitive, monotonous, and lethargic to you. If you have any of those symptoms, then it’s a definite sign that you’re on the verge of a burnout.

It will come to all of us, eventually; but before it does, let’s make sure that we already know how to counter it. Let me share some tips on how to keep you motivated when you’re about to face this dreaded thing called the ‘business burnout.’

Set Bite-Sized Goals

A well-crafted marketing plan ensures that you don’t take everything in, all at once. If you remember, doing everything all at once will most likely invite business burnout to your doorstep; but a good marketing plan avoids this. Having a well-designed plan with set goals per phase will make sure that your marketing activities progress one-step-at-a-time.

Do Regular Heat Checks

Whenever you launch a marketing initiative, always make sure to evaluate its effectiveness. Usually, due to you doing all things at once, there wouldn’t be enough time or energy left to evaluate the results of a marketing program. Take time to do a heat check for these types of initiatives. If it works, then great; but if it doesn’t, then it’s time to go back to the old drawing board. There’s no use wasting time and effort in something that isn’t generating expected outcomes. Re-strategizing will also give you new puzzles to solve

Plan Your Activities Ahead

Effective planning saves you a lot of time and money. Also make sure that you allocate time not only for your marketing activities, but for other essentials, like client work, as well. Another effective way for staying on track is to have daily/weekly/monthly task lists. These will contain all the activities  you have planned and how much time is allotted to each. For best results, make sure that your planned activities are further broken down into manageable tasks.

Don’t Do Everything Yourself

Try to get help from reputable marketing professionals. These consultants can bring fresh insights as to the design and implementation of your marketing strategies. This doesn’t only free up your time to focus on other elements of your business, but it also helps you avoid falling into adapting a “hit and miss” strategy. These people are professionals; and they know what they’re doing. You might be putting a little bit of investment on them now, but once solutions have been provided for your business, you can then reap the benefits in the long run.

 Business Success is not achieved Overnight

Businesses fail and succeed; but you will find out that the most successful ones have usually been in the market for quite a while.  It takes time and a lot of hard work to grow your business to succeed; and in doing so, you need a well-crafted plan and a strong dedication to your goals. Even the greatest have failed, quite a lot of times, but it is through their sheer determination and achievement of realistic goals that have defined their success.

You’ll be surprised that these tips, though very common-sense as they seem, aren’t really followed by many business owners. Since they’ve already been shared to you, I suggest that you go out and start changing the ways you do business so that you can beat the dreaded ‘business burnout.’

Marketing

Just do it! Market your Business!

Most business owners only make time for marketing when getting leads are slowing down. It would be more effective is business marketing is a main stay on our regular business processes. Business marketing shouldn’t also be that difficult or daunting.

The Key to Success is Consistency

Most of the time, we get too busy making our businesses into the entities we always want it to be that we lose focus in marketing it.

One example that I can share is that I recently encountered a peer who reported a huge amount of sales after getting some technical issue about the service resolved. She has had this technical issue for quite some time, that it took almost fifty percent of her time just to get it done. Moreover, she was also invited by a client to an event last month. She got a lot of business from the attendees of that conference.

I was just wondering what might’ve happened if she consistently marketed her business. She could’ve had a steady flow of clients rather than the hit-and-miss approach that she took on. Maybe instead of getting a ton of sales in one go, she could’ve gotten a steady stream of customers, if she had marketed her business consistently. If you, as a business owner,  have been guilty of paying too little attention to your marketing initiatives, think again.

Effective Marketing is all about clarity, visibility, intention, and routine

In order for a business marketing initiative to be effective, four factors should always be taken into consideration. The first factor is that you should always have a crystal clear message for your potential clients. Always remember the “What’s in it for me” question of our customers. Make sure that your marketing initiative always answers this questions.

Second consideration is visibility. Always be out and be seen. Establish a strategic  foothold in your niche by always being present in conferences, and activities. Do this so  that everyone knows who you are and what you do.

Another consideration is setting defined goals and objectives. Always have your mission-vision-values integrated into your own marketing initiatives. This only not lets your potential customers what you’re planning to do, but it also reminds you of what your business is for. The last element is regularity. Potential customers always need to see and be exposed multiple times to any marketing activity before actually buying. With this in mind, always make sure that marketing is programmed to your daily business process .

 Find out what’s working and what’s not

One important element of marketing is evaluating your return of investment. If a marketing ploy doesn’t work, then don’t waste time on it. Learn from it and start another marketing activity. If a marketing strategy does work, find out how it exactly gets those customers, get the best practices in the process, and refine it.

One example is if you’re blogging only twice a month, you might want to increase your blogging activities weekly and check the difference. If there are no differences, then try another approach like offering freebies to people who sign up on your website. Then, evaluate again. Find out which ones of these initiatives work, then capitalize on it.

With all of these tips in mind, what’s important to us is that we start doing something. It can be a very small change like sending an email to a previous customer, giving after-sales calls, or just writing a blog post. It doesn’t really matter what you plan to do as long as it entices you to consistently market your business.

low cost

Marketing your Business with Minimal Costs

These days, promoting your business has become already become a necessity. Word-of-mouth referrals have become quite limited; and you would need to reach out to more potential customers. It’s time to be creative and take on new marketing strategies. The challenge is, as a small business owner, resources are scarce. Funds might be low; or even non-existent. You may not have the financial backing that the bigger institutions have, but here are some low-cost marketing ideas that can make a big difference on how you can rake in more customers.

Engage in Social Media Marketing

Technology nowadays makes keeping in touch with your current and potential client base easier. We now have email, social networking sites, blogs, forums, Twitter, and Facebook, just to name a few.  Email, Twitter, and Facebook are the best, and easiest, ways to get in touch with your current and potential clientele, real-time. These types of social media allow you to quickly inform everyone about your new products, new promotions, or updates on your business with no cost and very minimal effort. You can also come up with fun refer-a-friend programs to encourage your customers to ‘re-post’ or ‘re-tweet’ the updates to their friends. Now, that’s word-of-mouth marketing on a virtual level!

Treat your Website as your Resume

Having a website for your business is your resume to potential customers. It should contain a summary of what you are as a business. Moreover, like a resume, it acts as a subliminal sign that says “Buy Me” or “Hire Me.” Always remember that for most potential customers, your website is their first contact with you and your business. With this in mind, make sure that you get great first impressions. Everyone knows how first impressions make a big  difference when it comes to handling potential business deals.

One way on how to keep your website in tip-top shape is to always keep your information and content updated regularly. No website updates equate to a dead business; and a very effective way of updating your website is to include targeted content. You might also want to consult online marketing professionals to fully maximize your website content and traffic.

Know where most of your Sales come From

Every new business lead should be surveyed as to how they were able to find out about your business. You can now then evaluate which marketing activities are bringing in the potential customers. Always remember to analyze your data and find out which of the strategies have the leads converted into actual sales. Once you’ve determined this, get ready to allocate more resources to that activity.

Connect with Industry Experts

Selling great products or services have no point if no one has any idea that they exist. You can use public relations channels to get your message across to peers and experts in your industry. Credibility-wise, having a third party, most especially an expert in the field, endorse your product or service is way better than cheesy advertising. In order to do this, you can put together some email contacts of your industry experts and get to know some contacts on where these leaders publish their work. When you have significant, newsworthy updates regarding your business or products, they are the people you want to reach out to.

Be the Expert

Create more credibility for yourself and your business by offering to speak at conventions, seminars,  conferences, and trade shows. Once your name is out there, peers and customers will always be asking for your take on certain issues.