If you are a small-business owner, your marketing effort typically takes one of two paths: You do what you always have done or you try a variety of things but question what, if anything, is making a difference.
Understanding what makes an effective marketing plan is not easy. And then the development and implementation of the plan is just as hard.
Today, part of the struggle of putting together a good marketing plan for a small business is knowing where and how to include online marketing. No matter where you turn for information, everything seems to be focused on social media and content marketing. Little attention is given to the traditional marketing tools of the past.
First, it is important to understand that online marketing is not just one tool. Just as print media is not one tool but can include newspapers, fliers, brochures and even business cards, online marketing offers many separate tools under that one broad category.
Effective marketing means picking the right tool for the job. You have the tool chest but you select specific tools to meet your needs.
The selection of the right tool is an area that often perplexes the business owner. Yet the choice can be greatly aided if you know on whom you are focusing. Depending on your business, you may have a key demographic or geographical area from which you draw your top customers. With that information, you can select the tools that your target audience uses.
And while little is said about the local papers or local radio stations in the marketing literature, these tools may be exactly what reaches your target audience. A sidewalk sale clearance event for a rural business is a perfect example. While people are interested in deals, most of the market will be local. So use the tools that attract local customers.
Some examples of local-reaching marketing tools might be:
- In-store signage
- Local newspaper, radio and television ads
- Focused email to your customer base
You want to let others know about a specific event your business is holding, such as a sale, so perhaps a Facebook notice might work because it you don’t have to pay for it and it is easy to create.
Yet even these tools are somewhat broad in nature and you are still somewhat mystified about what brings the customers to your event. The savvy business owner will use this event to learn more about what brought people in the door.
One way to learn more might be a prize drawing. Make sure you ask those who sign up to provide an email address and indicate how they heard about the sale. You are starting to use your marketing to do a better job in the future. You see what works in general, you form a database of people interested in your business and/or product or service, and, to a degree, you can see who is buying versus the browsers. A tool that brings in the browsers is not nearly as helpful as one that brings in those who spend money.
Effective marketing occurs when you know as much as possible about your customer base. Use one event to learn more for the next time. Build your tool chest to include all of the tools, traditional and new, such as online and social media. Finally, pick the best tools for the job.
Glenn Muske is the Rural and Agribusiness Enterprise Development Specialist at the North Dakota State University Extension Service – Center for Community Vitality. Follow Glenn on Twitter: @gmuske
- You Just Gotta Ask! - July 24, 2014
- The Little Things Can Derail Your Marketing - July 17, 2014
- Right Marketing Tools Vital for Small Businesses - July 10, 2014
- 4 Pricing Strategies Every Small Business Should Know - June 26, 2014
- Competition Can be Good - June 19, 2014
- The Power of Coming Together - June 5, 2014
- Know Your Competitor - May 29, 2014
- Agritourism: People Will Come - May 22, 2014
- Small is Big in Business - May 15, 2014
- Small Business Celebration – May 12 – 16, 2014 - May 8, 2014