The business Startup Wise Guy

by jack c, chu, mba, ccim

SIMPLE YET EFFECTIVE MARKETING STRATEGIES EVERY SMALL BUSINESS OWNER MUST KNOW

A limited budget should never hold you back from being seen. What is more important is that you have practical and successful marketing strategies up your sleeve.

In the middle of getting your business off the ground, it can be difficult and time-consuming to research marketing tactics. But don’t worry! I have got you all covered up.

So here are 3 marketing strategies that are granted to work for your business!

●     ENGAGEMENT ON SOCIAL MEDIA

According to Kepios’ report of October 2022, there are 4.74 billion social media users in the world.  Creating a business account does seem useful. But the task does not end there. You have the engage your audience with eye-catching content that makes them click your page.

A well-planned and implemented strategy will help you reach a wider audience. Engage in direct dialogue with customers, use hashtags, and, ask your customers to tag you in their posts about your product.

It can help you understand your customers better. Now the question arises: Which social medium is the best to target your audience with relevant content?

Before you make any assumptions, ask yourself:

  1. Who is my target audience?
  2. What are my business goals? (e.g., visibility, selling of products, etc)
  3. How much time can I commit?

While choosing your preferred platforms, you can use different media to reach different audiences. So, keeping the answers to the above questions in mind, you can start creating creative content and post it regularly on different social media accounts, depending upon the age-demographic of that particular medium and product.

It can also help you understand your competitors better. You can draw inspiration from them and analyze what is working for them and what is not. Social media platforms are also a great way to build long-term relations with your customers and get more loyal customers in the future.

●     OPTIMIZE YOUR WEBSITE

Optimization of your website is a major tip that will help you rank better on Search Engine Results Pages (SERPs). It will give you an edge over your competitors. You need to make sure that your website loads quickly and is user-friendly.

You should focus on giving the best user experience by providing quality content to potential buyers. Reducing the size of files can also help.

Local SEO (Search Engine Optimization) strategies can be of big help which will help you rank better in local searches. According to Search Engines Watch, 80% of local searches lead to conversions.

An optimized website will help bring in organic traffic. SEO will boost your credibility and bring in loyal customers.

●     EMAIL MARKETING WILL HELP YOU MORE THAN YOU KNOW

An average person checks their mail 15 times a day. So, creating an email marketing plan is one of the most reliable ways to get returns on your marketing investments.

You can start by sending a monthly email newsletter to gain customer retention. Sending regular emails with valuable and eye-catching content can help you keep your existing customers while inviting new ones.

You can build and implement your own email marketing campaign by creating basic email strategies. Ask yourself the following questions:

  1. What are the goals I want to achieve via email marketing?
  2. Which software can I use?
  3. How much am I willing to pay? (Most software are cost-effective)
  4. What type of content will I make?
  5. How can I grow my email list?
  6. How will I keep track of the performance?

ENDNOTE

Implementing the above marketing strategies can help you stand out from the rest and can help you take your business to the next level. You can alter these tips according to the needs of your business and be sure to keep good track of your performance, to see what helps you and what does not.

About the Author

Jack Chu

Jack Chu is a business/investment executive leader possessing a breadth of expertise in all aspect of business globally and Nationally. In his 45 plus years in business which includes merger and acquisition, real estate, operation management and business startups in the field of energy, telecom, internet and F&B industry.

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