What are the effective but inexpensive strategies to market my small scale business.
As a small business owner with low advertising budget, what marketing strategies can I use for my business? Inexpensive but effective strategies.
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Even though the business is small and probably just started, you can still introduce a killer strategy that will boost your business at very low cost. First thing to do first is to identify your customers, finding the right customers will be a huge determinant of how effective you strategies will be.
Introduce discount, that won’t affect your gain. This method works very well and it is very powerful. You can also offer rewards, everyone loves freebies.
Talk to people about your business. Go to strategic functions that could lead to beneficial partnerships. You can use the social media to your advantage, search for high caliber events you can attend to push your business.
Do not throw your money into ads that might not convert, be flexible and try out new and creative marketing strategies for your business.
Good luck.
There are quite a number of easy and inexpensive ways to promote and market your business. The advent of social media has made digital marketing very affordable. Make use of social media platforms, have a target audience and present your business in a way that your audience will perform the call to action. Facebook and Instagram are large platforms to sell your brand.
Network with your contacts you already have and the people around you. Network with other business owners, they will help point out to areas that lacking in your business. They will also help refer people to your business.
Email marketing—good email strategy can generate huge traffic to your website and convert into good sales.
Join online and offline forums that are very relevant to you’re brands. You can also attend community events where you meet people and tell them about your business.