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Informative Articles

Don't Waste Your Small Business Advertising Dollars
Small businesses with annual sales less than $2 million, employ over half of all of the work force in the US. There are well over 10 million small businesses. One thing that they have in common - they have few dollars to spend on advertising, and...

Obtaining a Small Business Loan
Whether you are starting a manufacturing company or opening up a coffee shop, SBA loans are the way to finance your small business. Small business loans are loans that are guaranteed by the Small Business Administration, which was started to assist...

Persistence: A Key Ingredient in the Recipe for a Successful Small Business
It has been said that success is rarely easy or quick and that it is only the product of consistent effort which is repetitively applied. This is definitely the case for the small-business owner when trying to become successful in the cutthroat...

Small Business Networking to Get More Clients and Market Professional Services
Small Business Networking to Get More Clients and Market Professional Services It's possible that--like the thought of marketing and sales--the thought of networking may make you cringe. When most service professionals hear the word...

Work 'On' Your Business, A Key Factor For Achieving Small Business Growth
Predictable, controllable business growth occurs when you work 'on' your small business. You may have heard of the phrase that you should work 'on' your business rather than 'in' the business (The E Myth Revisited, by Michael Gerber). But do...

 
Marketing a New or Small Business on a Budget

There are almost as many opinions and views on marketing as there are companies to market. The big names and multinationals will have an extraordinary amount of funding set aside in which to convey their marketing message to the masses.

The process will involve an inordinate amount of people, multiple marketing agencies, countless 'creativity' meetings and thousands of work-hours. From television adverts to full pages in the newspapers or glossy magazines, brand names and logos jump out at us and are instantly recognisable - such is the power of advertising on an extremely large budget.

Easily missed then in this marketing free-for-all are the smaller or new businesses, after the usually costly process of setting up a business with its requisite equipment, and an office or other type of premises, there is usually little or no funds available for marketing or advertising.

From the first trading day of a new business enterprise, the going is tough. It is small wonder therefore that most new businesses do little or nothing about marketing because of what they see as prohibitive costs.
There are instances of course where new businesses have originated from someone's hobby or part-time occupation; in these cases the market is usually already there and forming a company was the next logical step, immediate marketing was obviously not required to generate the first customer.

There are many advertising agencies that say there is no need for small businesses to spend a fortune on marketing. This is totally true, but what money a small business does have to advertise should be spent wisely and not just thrown at an agency that might end up failing to deliver. There are far cheaper and more effective ways to get a business on the map.

A website is essential to any business these days and will certainly be an asset. However, your site will be one amongst many millions of others and will not be of immediate use due to the nature of search engines and the way the Internet works in general; therefore you will need to look to other methods.

One of the most important things to bear in mind is not to run before you can walk.
Start small, start local. Unless you already have contracts from further afield, there is no point in casting nationwide for business when a vast amount is already likely to be on your doorstep.

Depending on what type of business you run, leaflets and flyers to other businesses or homes are a good way to get yourself known.

Always carry a business card with you they are invaluable, you never know when you are going to meet someone who wants printed contact details – hey presto! - Instant advertising.

If you have access to a computer, join an online business forum. They are an excellent source of information help and advice from people in the same situation as you. Even those in the same line of business as yourself will usually be happy to offer their help – don't be afraid to take it, you can always return the favour.

Contact your local Chamber of Commerce for practical sound advice on any aspect of business. They are there to help and are extremely knowledgeable and friendly people.

Business breakfast clubs are normally held once a week in most towns and cities and are another rich source of information and a great place to make contacts, again, don't forget to take your business cards with you.

The methods I have mentioned are by no means the only ways to market on a budget and have no doubt been written about before, and although they take lots of effort and are very time-consuming, they do produce results.

New and small business owners can often be the most innovative and creative marketers there are. They don't have the huge budgets of the corporate giants; they don't have large teams of creative designers, advertising executives, brainstorming committees, PR agencies or even a tea person! However, enterprising cash-strapped individuals are constantly striving to invent novel and cheaper methods of marketing their businesses, often with varying degrees of success. What must be reiterated though is that marketing and advertising need not cost a fortune, but can still be very effective depending on how you approach it.



About the Author
John Sheridan is a professional proofreader of hard copy items and website copy. He also writes web copy and occasionally accepts small copy-editing assignments. He can be contacted at: john@textcorrect.co.uk website: www.textcorrect.co.uk
This article is the property of the author and may only be reproduced in its original form.