You need to create a marketing strategy that emphasizes an online presence, regardless of whether you are launching a small business or if you have one. It's important to reach potential customers online as 97% of consumers search for local businesses online.
It's not easy to grow your small business online. It's easy to see why you would feel overwhelmed by the task of defining your target audience and promoting your services.
It might feel like you are trying to learn another language by adding marketing strategy development.
Don't worry! You can quickly increase brand awareness and earn ROI by implementing the right channels and strategies. Let's find out what should be the core of your small-business marketing strategy.
Quick Takeaways :
Marketing strategies help you to optimize your online assets and promote the company.
Before you dive into digital strategies, it is important to understand your audience, value proposition and technology.
The best strategy combination–search engines optimization, social media and so on–will quickly increase brand awareness and convert customers.
[Do you want to start a small business marketing campaign? You can check out our weekly blog service, which includes an annual plan as well as monthly reporting! ]
Why is it important to create a small business marketing strategy?
Every business wants their name to be known. However, small businesses with limited budgets may struggle to find traditional and online marketing ideas. It can also be difficult to balance marketing expenses with the costs of running a business. Advertising is expensive, so it's not surprising that small businesses have difficulty getting noticed.
The twist is that advertising is no longer the best way of generating leads. Today's average person sees approximately 5,000 advertisements per day. This is more than twice the amount of ads that were seen in 1980s. Ad blocking software is now being used by over 250 million people. If ads are not the best way to build customer base, then what is?
Digital marketing that is well-planned and executed consistently will ensure the brand and sales wheels are turning for even the smallest businesses.
Did you know that half of small businesses do not have a digital marketing strategy? Many small businesses have a limited marketing budget. It can be difficult for small businesses to gain visibility in the local community.
Marketing strategies can help you build brand awareness and a qualified lead pipeline that will convert into sales. You can increase your small business's reach by using digital strategies.
You must first build a foundation before you can dive into channel strategies. These are the elements to consider before you get started with your channel strategies:
- Understanding your target audience's priorities and problems will help you to present your business as a solution
- Create a strong value proposition to differentiate you from your competition
- You can set performance goals to help you focus your resources and budget on achieving objectives.
- Find out how to leverage your existing customers to be brand advocates
- Wherever possible, use free promotional tools and automation
How to Create a Small Business Marketing Strategy
There is no secret to creating a small business marketing plan. The following strategies will help small businesses achieve high ROI and get their time back.
Although it might take some trial and error, investing in marketing will result in increased sales and a better brand image.
1. Search Engine Optimization
Search engine optimization (SEO), which is a marketing strategy that can make a small business stand out beyond a website design, is possibly the most effective. SEO refers to optimizing your website for search engines and end users to easily find your company.
The more you rank on Google, often the better you will be able drive traffic to your site. Local traffic accounts for more than 35% of all traffic. This means that customers who are looking for your services in the search engines results will be more likely find you.
SEO can be implemented by:
- Create a Google My Business Account
- Asking for reviews from customers
- Local keywords are a great way to optimize your website
- Blog posts and videos that are relevant to the local community
- Location pages
- High-quality backlinks are what you should be focusing on
Marketing Insider Group is constantly improving our strategy to serve clients and ourselves.
We recommend that small businesses publish blog articles several times per week. Start small, even if you don’t have the time or resources to do it all. You can find our guide on how to write a blog post that is perfect and skip the trial and error involved in blog posting.
Expect to only write a few lines about a trend in your industry and then expect your website not to be viewed by too many people. Research SEO blog post strategies and other SEO techniques that can help you build your search credibility.
2. Advertisement via Pay-Per-Click
Small businesses can display ads on search engines when customers search for specific keywords. Pay-per-click advertising (PPC) allows them to advertise. Although it can result in a costly bidding war, local markets tend to be less competitive. The PPC model allows you to keep your budget under control.
It sounds great, right? How does it work?
You can bid on keywords such as "local printing company" and "office supplies near me", and create ads around these phrases. The algorithm used by advertising platforms to show your ads on search engine result pages will be based on keywords relevance and landing page quality. Each time someone clicks on an ad, you pay.
It works for some people. This must be done with thought! Don't just throw money at the problem. Make sure that your business roots are strong like your website, strategy and branding messaging. Next, evaluate if PPC advertising can really make a difference to you.
3. Email Marketing
Email marketing is a great way to reach your target audience, with a projected 4.3 million email users by 2023. 81% of small businesses say that email is their main lead generation and retention tool.
Email marketing is the only tool that allows you build a personal relationship with your customers and keep them coming back after they have made their first purchase. You can send drip campaigns to customers based on an action, such as signing up for a consultation and completing a purchase. Or you can send regular newsletters with company updates and product information.
These are the top 5 email marketing strategies to use successfully:
- Segment your customers according to activity or demographics
- To automate the sending of emails, use a CRM or an EPS
- To ensure your email is clicked, create compelling subject lines
4. Social Media Marketing
Social media is essential for small businesses that want to reach a wider audience and interact with customers frequently. Although it might not be the most important driver of sales growth for your business, social media can help you achieve awareness and brand goals.
Social media users spend on average 3 hours per day. Although it can seem daunting at first, it is important not to be too spread out and join every platform.
Instead, you should be focusing on your target audience. What are they doing the most? What kind of content are they most interested in? What can you do to make the most impact?
Consider the following platforms depending on your customer's needs:
- Facebook: Share entertaining photos, status updates, customer success stories, and more
- Twitter: Get news and answers from customers in real time
- Pinterest: Spread visual content like blogs, infographics, e-books quickly
- YouTube: Dominate using user-generated, branded video content
- Instagram: Showcase your services with high-resolution images
Remember this: Being on social media when you feel like it isn't enough,
Smart strategy could be used by small businesses for their social media accounts. Once you have a clear idea of your audience, create a realistic content plan. For a few weeks, stay consistent and make minor adjustments.
5. Content Marketing
What should be the core of your marketing strategy for small businesses? Content marketing.
Content marketing refers to the process of creating and publishing content that is useful to your target audience. Your content should address their needs and challenges while positioning you as the solution.
Content marketing is a long-term strategy. It can take a lot of time to establish a relationship with customers and search engines. Content marketing, done right, can help your business position itself as an industry leader and establish long-lasting relationships.
You should have a variety of formats for your content to showcase your industry knowledge and to learn about the preferences of your audience. These content types are helpful to consider when you're starting.
- Whitepapers and e-books
It is important to create quality content. Every business is an expert in a particular field. You can share your knowledge online to capitalize on that expertise. When customers search for information about the topic, they will find your content.
Instead of trying to get customers to push an ad in front of them, customers will look for and. The more valuable the content is, the greater the loyalty you will build with your customers. Make sure to combine content and search engine optimization (SEO) so your content appears in Google searches.
Content is not just text. You can enhance written content with quick visuals. Engaging your audience with visuals will help increase their engagement, whether you include a well-crafted infographic or relevant photos or visual references.
You can even take it a step further and stream live on social media. You can hold a Q&A session on Twitter Spaces. Give visitors a tour of your facility on Facebook. Or show them how LinkedIn Stories works. Your audience will trust you more if you are transparent with them.
6. Ratings and reviews
Your online presence is influenced by the products and services you offer, in addition to the content you create. It is important to know that customers are leaving reviews about your company and products on sites like Yelp, Amazon, Google, and Amazon. This is great if you provide something exceptional and offer excellent customer service.
is not and can lead to serious consequences. It is important to encourage positive reviews and take steps to rectify negative ones. You don't have to manipulate reviews to fit your company's image, but you do need to make it easy for customers to leave reviews and respond quickly to negative reviews. Here are some suggestions:
- Encourage reviews – make it easy to leave reviews and provide a link so people can view them.
- React to negative reviews – try to resolve problems and improve customer disposition
- Use online review software to get the best from customer feedback and reviews.
- Don't ruin your reputation by posting paid reviews.
7. Online Reputation Management
SEO was mentioned earlier. Just as you should be careful about negative reviews, so you should also be cautious about negative or defaming results from search engines. Negative search results can overshadow positive ones and make it difficult for customers to trust your business.
The topic of reputation management is very complex. You can simplify the matter by checking your search results for your company name regularly.
You must be honest with customers and friendly in all your dealings. You have a better chance of attracting positive attention to yourself than negative ones.
Five Questions on Small Business Marketing Strategy
It can be difficult to figure out a marketing strategy for a small business owner. We can begin to dig deeper once we have a solid foundation. These are five important questions about marketing small businesses.
1. SMBs can learn marketing tips from Fortune 500 companies.
Large companies think they can be known for something. However, their egos get in way when they only talk about them. Smaller companies are more likely to keep their customers in mind and be recognized as thought leaders in their industry. SMBs can use our services to create mission statements that are customer-focused to guide their strategies.
Second, smaller companies are less technologically savvy. We have seen them outmaneuver their larger counterparts with better customer experiences, authentic and engaging content, and more interaction via social media.
Third, smaller businesses tend to have more passionate workers who are eager to share their knowledge, engage on social media, and drive new customers and recruits. SMBs need to recognize this strength and make sure that their marketing strategies include customer and employee engagement.
Retention is key to a high-return on investment marketing strategy. Working closely with customers can be a key to growth in larger businesses. SMBs are subject to similar pressures for different reasons. However, the growth engine for SMBs is not the same. They require growth with lower investments. High ROI and low investment are key to Customer Retention Programs.
2. When designing marketing campaigns, where should marketers focus today?
Customers and buyers today are constantly searching online for answers, education, and information. Smart marketers create programs that are always on to meet this need. This includes non-promotional and educational thought leadership, engaging employees in content creation, social engagement, and finally creating and testing the right paths for conversions.
3. What's the secret to digital marketing success?
Marketing programs that are extremely successful are constantly in operation. They test the message and content constantly. They adjust the targeting parameters and audience filters constantly. They optimize the visual elements of every program. They also test conversion paths. It is important to be always available.
4. What should SMBs do today to approach campaign development? And what are their most common mistakes?
Sometimes, SMBs are so driven to achieve their sales and lead goals that they neglect the final stage of the buying cycle. Marketing programs should be as close as possible to the buying process.
This requires a lot more content creation in the initial stages.
On average, 100 people are involved in the initial stages of a customer's buying journey. These are people who are aware they have a problem, but don't know how to solve it. It's time to explain it and why it is important (no products yet).
There are 10 middle-stage buyers for every buyer. These people are seeking deeper education. Spend some time with them (but not too much product).
You now have the right to speak about who, what and why you are better.
5. These are some great tips to design customer journeys.
It's easy to understand what your customers require at every stage of their journey in digital society. You can use Google auto-fill and related searches to determine what content we should create. Because I sell content marketing services, I know people need content marketing strategies tools, templates, and examples. Google auto-fill and related searches have shown me that this is what most people are looking for.
Once you have a list of topics created, you can use Google Trends to determine which topics and categories are most important to your customer journey.
Other tools can be used to help us determine which questions to answer with our content during each stage of the buyer's journey and which channels our customers are most interested in. LinkedIn is a good place to start for B2B companies. If you are in fashion, however, you need to be on Instagram. These decisions should not be left up to your gut. Each of these options can have a quantifiable impact.
Create a Small Business Marketing Strategy
You don't have to limit your resources or spend a lot of money to be able to leverage a marketing strategy for growth. You can learn more about your customers and develop a marketing strategy for small businesses.
These marketing strategies will help you increase brand awareness and convert more customers in your area.
- SEO increases your online visibility when potential clients search for your services via Google
- Paid search can be a great way for SEO to complement your efforts and drive more visitors to your site.
- Email marketing is a great way to keep in touch with customers relevant to your business
- Social media allows you to stay connected with your customers, and is relevant in real-time
- Through credible materials, content marketing can help you establish your thought leadership.
Are you unsure how to market your small business? Book a consultation to find out more about our Weekly Blog Writing Services, which provide quality content in a seamless manner.
Marketing Insider Group published 7 Smart Marketing Strategies For Small Businesses.
Frequently Asked Questions
These are 3 examples internet marketing.
Internet Marketing refers to all online activities that promote products or services. Internet marketing can include email marketing, social media marketing and search engine optimization (SEO), as well as pay-per-click marketing (PPC) and website design.
Important to remember that these terms do NOT necessarily mean you will have to spend any money to make money. There are many other ways to earn income that don't require you to spend any money. But, the higher your return, the more you will invest in each option.
The most common form of internet marketing is email marketing. This involves sending emails to potential customers informing them about your company and the latest offers.
Another popular method to advertise is through social media marketing. Users can interact with family and friends on social media sites such LinkedIn, Twitter and Facebook. These sites are a great way for businesses to increase awareness of their products and services, as well as to establish relationships with their clients.
Search Engine Optimization (SEO), is a technique that improves the visibility of websites in major search engines. Webmasters can increase traffic to their websites by increasing the quantity and quality of relevant backlinks.
Website Design is the art of designing a website that looks attractive and functions well. A website designer creates the layout and style of a website. Website designers also ensure that the website meets accessibility standards and complies with technical specifications.
Advertising known as Pay Per Click (PPC), is where advertisers place bids on keywords that relate to their products or services. Advertisers earn a commission when someone clicks their ad. PPC ads often appear at either the top or lowest search results pages.
How does marketing fit into business strategy?
Marketing is an integral part of any business strategy. Marketing is key to every business strategy. Marketing would be meaningless without sales. So marketing is essential to any business strategy.
Marketing is important, but not everyone gets it. Marketing is often thought to be about advertising campaigns. Marketing is much broader than that. Marketing covers everything you do for your company to be recognized and respected in the marketplace.
When you think about your business, ask these questions: What image am I trying convey? How will my customers see me? How should my world perceive me?
If you don’t know the answers to these questions, you probably haven’t considered marketing.
What are the best digital strategies I can do at home for marketing?
Digital marketing is a cost-effective way to reach customers that spend most of their time online. It is also an excellent way to generate leads that will help your business.
To promote your brand, you can use social media platforms such Twitter, Facebook, and LinkedIn. You can also make use of email marketing tools for sending emails to prospects and potential clients.
There are many ways to market your product/service using digital media.
As long as you know how to effectively use these channels, getting started should be no problem.
- A poll earlier this year found that 14% of older Gen Z's had bought an item in the previous six months based on an influencer's recommendation. (influencermarketinghub.com)
- According to statistics, 60% of online shoppers worldwide actively search for coupons before purchasing from a virtual shop. (influencermarketinghub.com)
- Meanwhile, a PartnerPath poll found that co-marketed ads help 68% of consumers arrive at a buying decision before even speaking to a salesperson. (influencermarketinghub.com)
- 81% of brands employ affiliate marketing, and eCommerce sites are particularly good candidates. (blog.hubspot.com)
- In 2017, 34% of marketers cited co-branding as the most effective way to increase the number of email subscribers. (influencermarketinghub.com)
- SEO Learning Center – Moz
- [Case Stud] How Moz Ranked #1 in Search Engine Optimization for a High-Volume Keyword In Under 3 Months
How do I determine if my branding efforts are effective?
Ask your customers. It is the best way of measuring your success. Ask your customers what they think of your brand. What do they enjoy most about your business? What do they hate? What are you doing to improve your business?
You can also conduct surveys on social media sites like Facebook and Twitter. You can simply ask your followers how they rate your brand. Then, you can analyze the results and decide which aspects of brand success are most important.
Review sites are another option. People love to voice their opinions when they're happy or disappointed with a business. These comments will help you understand the opinions of people about your brand.
These are some ways to improve your brand.
- Be consistent. Keep your marketing materials consistent. Keep your message the same across all channels.
- You can use multiple channels. Promoting your brand should be done via email, social media and websites.
- You must ensure that you give your customers exactly what they need. You must deliver on your promises of free shipping if it is offered. If you don't deliver on your promise, customers might abandon you.
- Your brand is not just a logo. Your brand is the foundation of everything you do. So, take the time to create a well-rounded image.
- Get feedback from your customers. You will be better off if you respond to customers' feedback sooner.
- Test different messages. One message may work better than the other. Or perhaps you have two similar messages and one gets more attention than the other. It doesn't really matter which way you go, you should keep track of your stats so that you can see which message is performing well.
- Your brand can be improved. Is there a way you could improve your brand? Perhaps you could add more videos on your website. Maybe you could add customer testimonials into your blog posts.
- Create a plan. Once you have decided on your goals, you will need to plan how you are going to achieve them. This includes setting a timeline for each objective. It also means setting up milestones along the way so you can track your progress.
- You should measure your results. When you reach your goal stop measuring. Instead, you should set up a system which will allow you to track your progress over time. You'll know whether you are making steady progress towards your ultimate goal.
- Repeat! Now that you've established a solid foundation for your brand, you'll want to continue to build upon it. If you have difficulty keeping up your current marketing efforts, you might consider hiring someone else.
- Be positive. Negative feedback should be taken seriously, but not ignored. Instead, think about how you can use the information to improve your brand.
- Use technology to your advantage. Technology has given us many new tools that we hadn't imagined. Use them to your advantage. One example is a mobile app you could make for your company.
- You can think outside of the box. You don't have to be afraid of trying something new. It's okay to try something new, but don't forget to think first.
- Have fun. Marketing is not supposed to be stressful. Marketing is often called “fun marketing”. Enjoy your work.
- Know when to quit. You can quit when you feel like you've done everything. Don't quit too soon. Sometimes you have to stick with it until you achieve the desired outcome.
- Be consistent. Consistency and consistency are key to success. So, invest some time into developing a schedule for your brand.
- Be patient. It takes time to build your brand. It takes time.
- Keep learning. Marketing is always changing. Stay informed by attending webinars or reading blogs.
- Never stop learning. Even after achieving your goal you can still learn.
- Enjoy the journey. Marketing is fun. Marketing shouldn't be a chore.
By: Haley McDevitt
Title: 7 Smart Marketing Strategies for Small Businesses
Sourced From: marketinginsidergroup.com/marketing-strategy/small-business-marketing-strategies/
Published Date: Mon, 17 Oct 2022 16:00:17 +0000