Pitchgrade
Pitchgrade

Presentations made painless

Blog > The adventure of marketing your small business

The adventure of marketing your small business

Published: Dec 19, 2022

10 steps to wisely market your beloved

Marketing is a skill and a craft, and it takes time. There are no shortcuts to becoming a master marketer, and it takes effort to learn. If you want to learn how to market a small business, you have to be in it for the long run. It might take months, if not years, to truly understand everything, but you know what they say' It never hurts to learn more.

There is no right or wrong way to do marketing, as it's all about what works for you. The important thing is to keep trying and to keep learning.

In the current market, small businesses are facing an unprecedented challenge: how to stay competitive and relevant in a rapidly changing business climate. With the internet's ever-increasing presence, it is becoming even more difficult for small businesses to compete with larger, more established businesses.

Digital marketing as the game changer

Many small businesses are turning to digital marketing strategies to reach new customers and increase their visibility. Digital marketing is any form of online marketing that utilizes the internet and mobile devices, taking advantage of social media, search engines, and other digital channels to reach potential customers and promote a product or service. This includes things like email campaigns, content marketing, search engine optimization (SEO), pay-per-click (PPC) advertising, social media marketing (SMM), video advertising, and more. By using these strategies effectively, small businesses can build brand awareness and gain an edge over their competition in an ever-changing market.

To get you started, here are some tips to help you get your first clients and sales.

Step 1. Come up with a Product-market fit and set some Goals

Marketing begins with the products or services you want to sell and who they're going to be offered to. Here are the key steps: Define what problem your product or service solves for your target Choose the top features your product or service will include Turn those features into benefits Start small: Create a simple landing page with your product to get first feedback Finally, remember to have clear goals, month by month, so that you organize your strategies. Typically the three most important objectives are to get new clients, sell to current customers and figure out how to keep them.

Step 2. Put your Price

The next step to marketing your small business is to decide what to charge your future customers for your products so you can earn the money. For example, if you sell physical products, your pricing strategy would pass by the product's manufacturing, shipping, and delivering costs to make a profit. Pricing can be tricky, remember it's all about prestige and image. For example, a marketing consultancy firm may charge more than a web design firm because people perceive greater value in others' opinions (as long as they had set some kind of authority before). Last but not least, consider what competitors charge for the same kind of product and what customers are willing to pay (according to the 'image' concept explained above).

Step 3. Pick Locations to sell your product/service

Think about all the places where you can sell your fantastic 'solve-problem' idea. This is a big world and it is full of possibilities. For example, at this time of the planet evolution, you could perfectly sell on your website only, no matter what you sell, and even do it globally. Other alternatives could be to sell via social channels, own stores, and partners online and offline. Here are some of the main online and offline places to sell:

  • Online
  • Your website
  • Social media channels
  • Marketplaces
  • Partners
  • Offline
  • Physical stores
  • Telephone
  • Personally

Step 4. Create an attractive Website

Having an online presence is essential for small businesses today. You need to create a website that highlights your products and services, and shows potential customers why they should choose you over the competition.

The best websites are also mobile friendly, so that people on mobile devices can view them without having to zoom in.

There are a lot of web design companies that you can hire to build your website, and you can even learn how to make one yourself.

Finally, once you have your site live, you will use it to promote your products or services, that is basically what you set it for.

Step 5. Reach your Audience

At the beginning of the process we set product-market fit and decided who it was going to be offered to. Now we have to see how we get to those people and draw their attention. Once you have a website and social media accounts set up, it's time to start reaching out to your target audience. You can use email marketing, search engine optimization, and paid advertising to reach more potential customers.

Step 6. Utilize Social Media

Don't forget to leverage social media to get the word out. You can create a company page on Facebook, Twitter, Instagram, and Tik Tok. Use them to post updates, promotions, and customer service messages. You can also take advantage of influencer marketing.

Step 7. Network with Other Businesses

Networking is an important part of any small business marketing plan. You should seek out other businesses in your area and look for opportunities to collaborate or partner with them. You can learn a lot and both parts can benefit.

Step 8. Use Traditional Advertising

You may also want to consider traditional forms of advertising such as radio and television ads, or print advertising in local newspapers and magazines. Every channel counts.

Sept 9. Host Events

You can also host events to get the word out about your business. This could be an open house, a sale, or a workshop. You can use these events to showcase your products, introduce new services, and network with potential customers.

Step 10. Measure and review

In the early stages of our entrepreneurship, we set some goals. Now you want to see whether your marketing activities are successfully meeting these objectives. If you are selling products using apps you can see where your visitors came from, the products people looked at, best-selling products, average order value, and the conversion rate from the Analytics reports. Most of them can come for example from search and direct traffic; then, in order to sell more, perhaps you can consider PPC advertising next month.

Final thoughts

If you are looking to grow your small business, this marketing guide can help you get started beautifully. We have seen how to market your company, setting goals, targets, prices, finding where to sell, and promoting your products or services.

We hope it's been helpful. If you liked the post, feel free to comment and share. Thanks for reading!

Want to research companies faster?

  • instantly

    Instantly access industry insights

    Let PitchGrade do this for me

  • smile

    Leverage powerful AI research capabilities

    We will create your text and designs for you. Sit back and relax while we do the work.

Explore More Content

FundraisingStartupsStrategyContentMarketingLeadershipServiceHRProductivitySoftwareSales