Marketing tips for small business owners

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SMALL MARKETING TIPS FOR SMALL BUSINESS OWNERS

Making sense of the marketing in your business

R O D U C T I O N

I N T

NAVIGATING COMMON MARKETING CHALLENGES

Running a small business can be a thrilling venture, but it often comes with its fair share of challenges. As a small business owner, you ' re not only responsible for providing top-notch products or services, but you also need to navigate the complex world of marketing While marketing mayseemdaunting,especiallywithlimitedresources,time constraints, and the ever-evolving digital landscape, it's crucial to master this realm to ensure the growth and successofyourbusiness.

In this short guide, we will explore some invaluable marketing tips tailored specifically for small business owners. We understand the unique challenges you face, such as limited time, tight budgets, finding and retaining customers, and staying relevant in the digital era. By providing actionable insights and practical strategies, we aim to equip you with the tools you need to overcome these obstacles and thrive in today's competitive marketplace

C H A L L E N G E = T I M E

THE CHALLENGE IS TIME

You know you should be spending more time on your marketing activities but can’t seem to free up the hours to do so. But if you want to keep those leads coming in then youneedtotakesomeaction.Herearesomeeasywaysto make the most of the time you do have to spend on marketing:

Use automation and scheduling tools that will let you plan ahead There are a number of online tools out there, many for free for the basic versions, that allow youtoscheduledyoursocialmediapostsweeksoreven monthsinadvance.Evenyouremailcampaignscanbe automated to take customers through the buying journeywithease.

Createonelargepieceofvaluablecontent like a blog, andthenbreakthatdownanduseitforotherthingslike social posts or video scripts. It’s called leverage – do it rightthefirsttimearoundandsaveyourselftimefurther downtheline.

Use templates. Not only does this save time when creatingdocumentsorimagesbutitalsohelpstobuild consistencyandbrandrecognition.

Andifyoustilldon’thaveenoughtime,itmaybetimeto outsourcetoaspecialistorhireinhouse.

Marketing doesn’t have to consume all your time, the time youcouldbespendingworkingonyourbusiness Withabit of planning up front and leveraging the systems you have, youreallycanmakeyourcompanystandoutfromtherest.

“Lessismore.Keepingitsimpletakestimeandeffort.” –JeffBullas,digitalentrepreneur

E N G E = C U S T O M E R S

C H A L L

THE CHALLENGE IS CUSTOMER

Relying on too few customers can leave you vulnerablelosingjustonecouldmeanacashflowcrisis.

But by consistently making an effort to bring in new business, you'll reduce your risk of failure and grow your businessinasustainableway

The more customers you can keep and grow your relationshipwiththem,themoreyourbusinesswillgrow.

Hereareourtop3waystofindcustomers:

Joinyourlocalnetworkinggroups It’s so important to build those relationships that encourage referral business

Whodoyoubuyfrom?Peopleyoutrust,right?Well,your customers are the same. Share your review and testimonials from satisfied customers to help establish that trust and provide the social proof of consistent qualitydelivery.

Finally, know and understand your customers so you can target them effectively. Once you know their pain points,youcansellthemonthebenefitsofyourproduct andservice-benefitsthatsolvethatpain.

It’sallabouttakingcareofyourcustomers.Becauseifyou aren't,yourcompetitorswill!

C H A L L E N G E = M O N E Y

THE CHALLENGE IS MONEY

Marketing takes money. So it’s important to make sure you squeeze the most out of your marketing budget. Which for manysmallownersjustneverseemsenough.

Test and measure daily to identity what is working and whatisnotworking.

Stop investing in what isn’t working and invest more in whatis.There’snosensewastingmoneyonactivitiesthat don’tdeliverreturnsandwon’tgrowyourbusiness

Consider ramping up relatively low-cost activities like email campaigns and see how you can leverage these for new product releases or special offers to attract new customersorsellmoretothoseyouhave

Don’tbeafraidtobedifferentfromtherest. To help you stand out from the crowd, be adventurous and try new ideasoutbutbesuretocontinuetotestandmeasure

Identify and fix the critical things first, those activities that will have the most impact on your business and supportittomakemoremoney.

Here are some hints for making the most of your marketing budget: Investinginmarketingdoesmakesense,butonlyifyoutest and measure to guarantee results that will increase leads andsales

“Marketingandinnovationmakemoney.Everythingelseis acost.”
PeterF.Drucker,authorandmanagementconsultant

C H A L L E N G E = D I G I T A L

THE CHALLENGE IS DIGITAL

It'sworthrememberingthatnotallmarketingisdigital.

It’s so easy in this digital age to focus too much of our marketing attention on our online activities. Social media, websites,googleads Thelistgoeson

But if your online marketing activities are not delivering the results,thenmaybeit’stimetogooldschool.

Other options exist that work just as effectively if implementedwell:

Brochuresthatshowcaseyourproducts.

Casestudieshighlightingsuccessstories.

Attentiongrabbingdirectmail.

AttendingNetworkingeventsisgreatforbuildingcontacts andreferrals.

Loyalty programmes that keep your customers coming backformore.

While digital marketing has a big part to play in your marketing strategy, it’s not the be all and end all of marketing.

So our tip is to have a broader marketing plan in place and experiment with a few strategies. Remember to test and measure every campaign and adapt it for what works and whatdoesn’t.

Becausemarketingwithoutaplanisjustnoise.

contactBSE@actioncoach.co.uk www.burystedmunds.actioncoach.co.uk
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