When it comes to running a small business, simple is the name of the game. Not only do you not have the resources of a large company at your disposal for complex and high-budget marketing efforts, but you also don’t have the time to manage business-boosting projects of that caliber. It is far better to find and utilize tactics that don’t drain your budget or your schedule but that is also highly effective at bringing in customers.
If you are looking for simpler ways in which you can boost your business and bring in new clients, here are five methods to consider.
Every small business owner knows the value of using the right marketing tactics. However, marketing can certainly eat into your budget if you aren’t savvy about it. For this reason, small and large businesses alike tend to take advantage of the cost-effectiveness of email marketing.
Generally speaking, email marketing allows you to target your specific audience directly in order to drive up your business. This can be done at very little cost and can present you with a satisfactory ROI (return on investment) on a campaign. You can design your campaign to best reach your specific goals, whether that is to increase the traffic to your website or to promote a new product that you have developed. These and a number of other email metrics can be used as the gauge of the success of your email marketing campaign.
Social Media Marketing
Another form of social media marketing that small business owners should be taking advantage of is that of social media marketing. You might have heard about how social media allows businesses to create pages and design targeted ads, but these features comprise only a small part of what you stand to gain by using social media marketing tactics.
When you set up a profile for your business on a social media website, you are giving potential customers a chance to learn all about your company at their own pace. You can build a community on your page by acquiring followers, and you can keep that community engaged with your business by posting regular updates and showing off your product line. Furthermore, the chance for wider outreach into the greater social media community is there for the taking.
When you have amassed a fair number of followers, you can encourage them to invite their friends to like your page as well. With enough quality content and interaction with the members of your community, you can grow your business right there on social media.
There are also a number of benefits regarding customer service involved with social media. Current and potential customers have the ability to reach out to you directly through a social media website’s messaging feature. Respond to complaints in real-time and answer questions as you receive them. Solid customer service practices are vital if you are looking to boost your business.
Utilize Customer Reviews
Customer reviews can be a tricky subject to approach for many small business owners. The fact of the matter is that an individual will rarely feel compelled to take the time to even write a review unless they have either been extremely happy or extremely unhappy with a service. Reviews are often filled with emotion and can be difficult to read at times. However, it would be a grave mistake to ignore them altogether.
There are times when a customer will leave an unfair and unjustified review. Try as you might, some people are just determined to be unhappy. More often than not, though, a negative review will stem from the truth. It is important to address any issues with your service if and when they arise. The failure to do so in a professional and timely manner will only result in the loss of business and a stain on your brand.
Instead of ignoring the negative feedback, make the response to such reviews one of your top priorities. You are more likely to boost your business by responding to such reviews quickly and offering to fix whatever went wrong. Changing someone’s mind in this way might just inspire them to become one of your business’s biggest fans.
Know Your Market
Setting out to market and boost your business is going to be rather difficult if you are unaware of the market you are trying to cater to. While you might have some general ideas about the type of people who comprise your target audience, general ideas aren’t going to bring you the boost in business that you are after. Rather, you need to get specific about your target audience and acquire as much information about it as possible.
This will require you to perform a fair amount of market research. The details that will be revealed by this research will grant you a greater insight into what sort of advertisements your audience will best respond to. Moreover, it is good to bear in mind that trends in the market and in demographics change constantly. If it has been a while since you performed market research, it is time to do so again so that you can become aware of any changes that might have occurred. Only then can you adjust your marketing tactics accordingly.
Focus on Your Online Presence
Your online presence is going to be invaluable to your ability to boost your business. There are so many benefits to having a strong website and web presence that it is an area that you simply can’t afford to ignore. Not only does your website offer information about your business and products or services to the people who are searching for it, but you also have the ability to conduct business directly from your site. This saves you manpower and resources in the long run, thus improving your efficiency and productivity as a business.
The key to a strong web presence is a strong website. You very well might need to bring in a consultant or expert in web design to get the job done right, but this is an investment that will be well worth it in the end.