If you're a small business owner, the word “marketing” can be scary. How can you compete with the big companies in your line of business? How can you catch up with competitors who have a head start in the race for customers?
The good news is, you don’t have to compete with them. You can set your own course and outdistance them.
In fact, there is a secret of marketing success that will actually give you an advantage if you are a small, new business. And that secret is focus. If you focus on your customer and focus your marketing efforts, you can market as effectively as the big boys. In fact, you can do an even better job of becoming your customer's company of choice.
To unleash the power of focus . . .
So focus on your customers and think small, not big, while you target your marketing efforts to them. Dr. Donald Sexton, who teaches The Marketing Mastery Program at Trump University, goes so far as to say that your company has to become your customer, not just sell to them. That's the kind of focus that can establish a strong competitive advantage, even in a crowded marketplace.
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23 Comments
And the key is always about maximizing profit!
Brett Bourdon
Listit.com
brett@listit.com
The internet is the perfect avenue for cheap or free marketing. You need to spend hours on promoting your company, name and brand on message boards, linking to other websites etc.
Effective marketing for little money can be acheived by using signs on the pavement, on your building, on t.shirts (give them away free to your customers) on your car and run small classified ads in specific magazines if you can't afford larger full colour ads.
Use your name, website or phone number on pens, pencils, rulers and give them away for people to use.Also billboards, noticeboards..the list goes on.
My focus when marketing is that I don't want anyone to forget my name. It is an investment into my future. You might not of heard of me today, but tomorrow you might get a glimpse of my name, next week another and after awhile you have a feeling that you must know me because my name will feel familiar.
Keeping up with your competition is essential, always stay at least 10 steps ahead. Don't wait till its too late and don't stop. Invest in your future now by starting today.
Diana Moore
New Zealand
http://www.artschoolnz.com
http://www.bowentherapy.homestead.com
I'd really enjoy hearing about some of your proven marketing techniques.
We totaly agree,it is not a matter of big muscles only,other factors
can minimize the difference,as you said,such:
1)The extra interest & care your customer is having from you.That focus
is creating a sense of loyality to your product,by this customer.
2)The magic world FOCUS is striking again,when you have a smaller
nomber of customers in confidance is better than scatered bigger
nomber you cannot serve well.
3)The extra mile we go to make a difference it allways pays well.
4)if the company is a small one,its prime target is to grow confidently
and on solid ground,so why act as a larger one.Everybody should
compromise with what in hand,but needs to be more creative,speedy,
developes new apraoch & give his mission more thoughts.
5)In the persuit for success,your love to what you do,dedication,focus,
efforts,control and that extra mile are still basis tools to acomplish
goals,if even some think it is old fashion.
Thank you for your words & your thoughts,we were quite pleased
reading your text.
Take for example the men's shoe. I watched a wee bit of telecast that made a very weak effort to push the men's shoe. Kelsey grammar had the most unique and stood out the most. I don't even know if he realized his shoe's potential.
Men are very private about their clothing and prefer to remain modest. The taylor is often the soul strength in a gentleman's line of clothes but what of my son's slacks !
Have you seen the way boys wear their pants these days !
Men have to step up to the plate and set a better example. Those droopy drawers boys flaunt down to their back side are horrid and they all walk like penguins.
I can't say that this fashion was created by women since I can't find one girl who has found receeding slacks attractive.
What are the men doing to our boys !
Men's fashion needs a come back and what a better way than to re visit the value of an office shoe ...
Churchills anyone ?
I am a small business owner of an orthopedic physical therapy clinic in Michigan. I have read your post and agree with your suggestions. To market you have to narrowed focus and be oriented toward community. A small marketing investment in a church, community events or senior citizens center could return very well. People like to be known and the small business is the one that can do that, the big one is more interested in big money not the small community. Marketing is what makes or breaks, if it is delivered as promised. To survive we must to have a marketing budget (even a small one). Marketing gives a recognition and stays in people minds if done right.
Peter ( your friend)
Thanks for all the great advice.
Paul. Australia
I do hope to become a big company someday, however it is my goal to always remember I got there one customer at a time.
PAUL
memorymaker4u.com
Regards
Andrew Edwards
Owner Party Animals Jumping Castles (South Africa)
An important thing that is often overlooked by small businesses is the marketing value of a good store location. Is the extra rent worth it to be on a highly visible, easily accessible location that generates customers for you without much effort on your part (consider the extra rent as part of your marketing budget) or are you savvy enough with your marketing to develop a customer base using a less visible but less expensive location such as a small strip on a side street? Both can work, but you need to know your strengths.
At www.listasaurus.com, we are completely web-based, and it's not really possible to pare down to one target market, because everyone can use our online classified and business directory services. I have been working diligently for the past year to narrow down inexpensive routes for marketing, because the most challenging thing is the expense for things like mailing flyers, giveaways (even t-shirts cost $700 for only 144), and banner advertising. We even offer free ads, and held a promotional contest to try to increase the interest, but it's slow in coming.
We also have a catch-22--we need traffic to build up our credibility, but we need items on our site. We can't get items on our site without driving people there, but there's not a lot to see yet on our site because we're new. It's a tricky business!
What I have found is, on a very small marketing budget, try the free/low cost options first. I have found meetup.com has some great local networking groups, and I have joined a few other networking groups around town. Guerilla tactics are great, but unfortunately all seem to cost a pretty penny.
I agree for those brick and mortar companies, it may be easier to target a specific narrowed focus group, but it's a tad different for us. Hard to compete with billion dollar companies like ebay who a) have been around and b) have the marketing budget to be everywhere.
As with anything, exposure takes time and I'm sure we will come up with new ways to become more well known. One of which is press releases (something I didn't see mentioned here).
I'd love to hear more about the low cost ideas folks have for their small businesses!
Melanie
www.listasaurus.com
I made a bid on a larqe property today, I offered one dollar:
Should I loose the bid I suqqested my one dollar be redirected to charity.
The strenqth of my bid lends to the fact the properties mold issues are huqe.
What do you think ?
the end
Marketing can be very intimidating, particularly for a small business on a tight budget. When I first started my website, I never thought I would spend more time marketing then I did with development. The free advertisement available to you on the web is great, as mentioned the blogs, boards, and directories all have a place in your marketing plan.
I just started my first blog, I swore I would never do it, but I did. As it turns out it has been great for my business, and I have been able to find all types of great information too.
Thank you for this site, the helpful tips, articles and training.
Kathie Bechtel
www.DiamondsandGifts.com
http://blogs.ebay.com/sjb-associates
High profile advertising is more affordable than you think. Your local TV stations sell 'local' inventory and if you can't afford 30sec commercials, 7sec sponsorships are available. Local cable companies local advertising and you can target your coverage area.
Aligning your brand with higher profile brands can be a great way to 'leverage' brand awareness.
Like Mr. Trump always says...."if your going to think...you might as well think big"
Mitch Drew
mitch-tv.blogspot.com
Yes however my answer involves Mr Trump's cooperation and involvement so that makes it all the more a challenge at the point of 'doing' the passion :)
As for the reference of clothing and attire, that is why I like Oprah's Spanks lol !
But you know for what it is worth I have done [it] here in the blogs. The passion to nominate theworldteam.com with the provision Mr Trump Jumps. I still see it coming to fruitition. Whether I jump or not will not be as important as the rest. I have jumped and I know the passion, I will continue to jump when I can, however this project has been so much more.
Divinci's theory of a triangular parachute worked. A few years of planning and many free jumps in my minds eye, I started to think of a triangle formation, everyone joins in a circular fashion, the pyramid would be more attune to the times. How to achieve that with all level of safety is for the experts to know.
The passion is not to take a powerful man such as Donald Trump and lead him to jump from tall buildings or out of planes in the sky so much as it is to show with evidence just exactly how safe skydiving can be and is I promise you.
My primary function to include Mr Trump is so that when we need to throw a bad guy off the plane we can source to people like Sister Clarice, and many other men and women who have proven the deed humane and safe. More over with Mr Trump's endorsement and the nomination of theworldteam.com the entire proposal comes together and offers a sense of justice long overdue for most countries across the world pardon a few.
If Mr Trump can't Jump then human rights can't say its safe for the bad guy to jump either.
Now someone else can steal my idea, but the passion began a long time ago, when I stepped aboard a plane 2 weeks after Scotland's Lockerbee went down I was on the plane with my newborn baby to insist the world safe.
Isabelle Morgan
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