Posts Tagged ‘Marketing’

Savvy Marketing Tactics For Small Business

Small Business MarketingMarketing your products and services is a constant, ongoing process that is a never-ending job. Especially if you’re looking to generate revenue and increase your customer base and of course, hold on to your current customers. The good news is you don’t need much to market your small business successfully. Here are some tips of low-cost marketing tactics you can apply to your marketing plan today!

BLOG IT UP

If you don’t have a blog for you and your business, then start one. If you do, crank it up! Think about what your customers want to know about that you can help them with. What are the key words your customers search for? Combine those two and start creating content. And don’t forget to add an RSS feed for your blog so people can subscribe and be kept updated.

Get YOUR Content OUT-THERE

Take your blogging to the next level and create some great articles from your content, then get that content out there to the world to build reputation and focus on you and your business. How-to’s, tips, strategies, interviews, positive stories and lessons learned, just to name a few. Your articles can go onto your website, into your newsletters, and then submit them to various media, content websites (eg: PRweb.com, ezinearticles.com, etc.), and blog directories.

DATABASE Contact

If you don’t have your past customers and prospects already in a database, spend time doing that and then make it a habit to update it as new contacts are made. If you do already have databases, when was the last time you got in contact with those

How to Nurture Your Leads

If you’re selling to businesses it can be challenging  not only getting leads in the door, but what you do with those leads once they’re in.  After all, the last thing you want your leads to do is “cool down.”  Here are 4 things you might do to keep your leads HOT.

Identify Your Leads

Once you have a lead you need to identify what type of lead they are. Many businesses identify leads as hot, warm or cold depending on what the sales cycle is. Some businesses identify leads based on when they think they’ll be making their purchase of a product or service; 1-3 months, hot, 3-6 months, warm, or 6-9 months, cold.

Another way would be to ask what their budgets are or when they’ll be making their purchasing decision. It could even be that a lead isn’t going to buy for 5 months but they’re ready to spend 4x what someone who is going to buy sooner would spend.

It’s up to you and your business how you’d like to identify you leads but make sure you do it!

7 Rules to Create an Effective PR for Small Business

Effective public relations strategy is an excellent alternative to advertising, especially for small businesses with limited marketing budget.  It is a cost-effective way to gain exposure for your product or service, get more leads, generate more sales and build a great brand.

What makes PR so powerful? A product (or service) mentioned in the context of a news report or print feature story gives it a passive endorsement and third-party credibility advertising just can’t buy.

How can you make the PR process work for you? Here are a few rules you need to create an effective  PR plan to give your product competitive advantages in your market:

  1. Identify your market. The more specific you can get about which group should use your product, the easier it will be to identify which media you need to work with.
  2. Be clear about the benefits relevant to your market. Remember to sell your product or service to the media so your story will get published. Let them know the benefits and show them the numbers to prove that your product or service saves time and money–or makes money.
  3. Position your product as unique. It’s important to be able to attest your product is x-times faster, better, cleaner or more cost-effective than your competitors’ product or industry standard. Such specific and proven advantages will provide the media concrete evidence to feature your product over anyone else’s.
  4. Make use of testimonials. All other things equal, testimonials are one of the strongest ways to enhance the credibility of any promotional piece. This also holds true for your editorial piece as well.
  5. Target the media used by your target market. Find out which media outlets your target market typically reads, views or listens to. Do an online search for free or inexpensive press release submission sites.  Research sources that outline available media according to locality and special interest groups.
  6. Prepare your press release. If writing is not your forte, hire a PR writer or a seasoned virtual assistant to help you write the release.  Make sure the release has a great headline and it follows the AP style guides. Your first paragraph should be no more than 25 words and needs to both explain the headline and summarize the story. And remember to keep your editorial to one page or less.  If you are selling a product, attach a photograph.
  7. Sell your release. Email or call the person named in the media guide. Give them the headline and the first paragraph. If you catch them on the phone, they’ll make a decision then and there whether they like it or not. A “yes” or “maybe” means “send me an email with more information.” Forward it immediately. Earn the right to follow up by asking if you can call back the next day or at some other specific time, depending on publication dates. Keep in contact, but don’t be pushy.  If the story is of value, it will sell itself.

While these steps don’t guarantee publication and broadcast, following these steps will give you a better chance of success.  These steps will enable you to start building good media relationships you’ll need for the future and also give your business a strong competitive advantage in the media market.

“If I was down to my last dollar, I’d spend it on public relations.” – Bill Gates

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