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10 Cost Effective Ways to Market Your Business, Part 2

July 14th, 2010 ::

In my previous blog post, 10 Cost Effective Ways to Market Your Business, Part 1, I shared 5 tips for marketing that require little more than time.  I learned all of this valuable information I’m now sharing with you in a webinar (of the same name) sponsored by the American Marketing Association.  In fact, the webinar was so packed with great information that it’s taking me two blog posts to share everything.  Without further ado, here are tips 5 through 1.

5. Tap Into the Power of Google

The omniscient, omnipresent Google has some great tools you can use to strengthen your marketing efforts.  Look up the hot topics of the day via Google Trends.  Is there something being discussed that you can address in your promotions?   Use Google Insights to find out what key terms are being searched for the most; apply your findings to your SEO efforts.

4. Database Driven Email Marketing

When I hear the word database, I am almost immediately lulled to sleep.  For me, the word “database” means boring (too closely related to, gag, math), but in the case of email marketing, it means clever.  Instead of always looking for new customers, tap into the relationship you already have with your existing customers by using your CMS (customer management system) as the basis for a plan to upsell and/or cross sell to them.

3. It’s An Offer You Can’t Refuse

Never underestimate the alluring power of a limited offer. It could be exclusive to select customers, available for a limited time, include a special feature, or a sneak peek at a new product or service a week ahead of the official launch date.   

2.  Is Your Signature Working For You?

If the signature in your email messages does not include your website address, phone number, title, and links to your blog and social media profiles, go fix it.

And the #1 most cost-effective way to market your business:

Interact with your customers!

Yes, it’s a no-brainer, but are you doing it?  Solicit feedback on a continual basis via a virtual suggestion box and short surveys.  Build loyalty with contests, promotions, and events and case studies.  Co-present a webinar or seminar with a partner or customer.  And be sure your company’s phone number is prominently placed on your website!  No one can call if you if they can’t find your number!

The views expressed here are the author's alone and not those of Network Solutions or its partners.

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Posted in Marketing, small business | 18 Comments »

  • Robbie

    What about offline marketing? Do you have any experience with it/is it worth the effort?

  • Robbie

    What about offline marketing? Do you have any experience with it/is it worth the effort?

  • Robbie

    What about offline marketing? Do you have any experience with it/is it worth the effort?

  • Anonymous

    Yes, absolutely. Networking is one of the best ways to get new customers. The more people you can introduce your business to (with a really strong elevator speech), the more those people can act as a referral source for you.

  • MCJansen

    Yes, absolutely. Networking is one of the best ways to get new customers. The more people you can introduce your business to (with a really strong elevator speech), the more those people can act as a referral source for you.

  • MCJansen

    Yes, absolutely. Networking is one of the best ways to get new customers. The more people you can introduce your business to (with a really strong elevator speech), the more those people can act as a referral source for you.

  • Nic

    Great article! As a marketer and a social media entrepreneur I completely agree with what Monika has said here. It is essential to growing your business online. The three keys are inform, engage and interact. Providing valuable content via a blog/website and developing cross-promotional relationships with partners or closely related companies is the best ways to get started. For the latest trending information regarding online promotion and social media check out http://www.deathtostatic.com

  • Nic

    Great article! As a marketer and a social media entrepreneur I completely agree with what Monika has said here. It is essential to growing your business online. The three keys are inform, engage and interact. Providing valuable content via a blog/website and developing cross-promotional relationships with partners or closely related companies is the best ways to get started. For the latest trending information regarding online promotion and social media check out http://www.deathtostatic.com

  • Nic

    Great article! As a marketer and a social media entrepreneur I completely agree with what Monika has said here. It is essential to growing your business online. The three keys are inform, engage and interact. Providing valuable content via a blog/website and developing cross-promotional relationships with partners or closely related companies is the best ways to get started. For the latest trending information regarding online promotion and social media check out http://www.deathtostatic.com

  • Local Marketing Dude

    Google can be a bit overwhelming for small businesses to understand. There are many simple things a business owner can do with Google that do not cost anything. Taking advanatge fo the Google Local listings is an example of a Google service small business owners should take advantage of. Getting listed here does not cost anything and can provide a steady stream of lcoally targeted prospects for your business. You can take a look at a video course we provide that wlaks you through the process, step-by-step. Enjoy some of the free videos on our site:
    http://www.localmarketinginternetsecrets.com

  • Local Marketing Dude

    Google can be a bit overwhelming for small businesses to understand. There are many simple things a business owner can do with Google that do not cost anything. Taking advanatge fo the Google Local listings is an example of a Google service small business owners should take advantage of. Getting listed here does not cost anything and can provide a steady stream of lcoally targeted prospects for your business. You can take a look at a video course we provide that wlaks you through the process, step-by-step. Enjoy some of the free videos on our site:
    http://www.localmarketinginternetsecrets.com

  • Local Marketing Dude

    Google can be a bit overwhelming for small businesses to understand. There are many simple things a business owner can do with Google that do not cost anything. Taking advanatge fo the Google Local listings is an example of a Google service small business owners should take advantage of. Getting listed here does not cost anything and can provide a steady stream of lcoally targeted prospects for your business. You can take a look at a video course we provide that wlaks you through the process, step-by-step. Enjoy some of the free videos on our site:
    http://www.localmarketinginternetsecrets.com

  • Anonymous

    Thanks for your comment, Nic. I will have to check out your company’s website–sounds very interesting!

  • Anonymous

    I absolutely agree that Google can be overwhelming and confusing. You’d think they’d do more to explain what services they offer and how they can be used by businesses both large and small.

  • MCJansen

    Thanks for your comment, Nic. I will have to check out your company's website–sounds very interesting!

  • MCJansen

    Thanks for your comment, Nic. I will have to check out your company's website–sounds very interesting!

  • MCJansen

    I absolutely agree that Google can be overwhelming and confusing. You'd think they'd do more to explain what services they offer and how they can be used by businesses both large and small.

  • MCJansen

    I absolutely agree that Google can be overwhelming and confusing. You'd think they'd do more to explain what services they offer and how they can be used by businesses both large and small.