13
Nov
What is the best marketing advice for a small business owner?
Posted by: admin / Category: marketing for small business
invite influential people of your city for a refreshment.
invite influential people of your city for a refreshment.
November 13th, 2009 at 8:34 am
Bigger amounts of stock and cheaper prices. It’s all about competition. Also atmoshphere is a huge part of it as well!
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November 13th, 2009 at 9:07 am
With your company logo, have a printing shop make stickers for you. Go out with your family one weekend and place them all over the community.
People will start wondering "what is_______company?" and when they see your business…they’ll be lured to go in. Be memorable!
I really do hope this helps your business needs! : )
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November 13th, 2009 at 9:42 am
I’m a graphic designer and what I’ve seen work for my small business clients is billboards, it is the most inexpensive way to reach hundreds or thousands of people a day. One of my spa/salon clients tried it and their business is booming.
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November 13th, 2009 at 9:56 am
give it your all and dont let other people try to run it for you
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November 13th, 2009 at 10:03 am
Improve ur Business comunication skill, make contacts/friends in your city.
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November 13th, 2009 at 10:52 am
distinguish between product ariantatio and marketing ariantation
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November 13th, 2009 at 11:26 am
Get the community invovled. Basically, if you scratch my back, i’ll scratch yours. This works best.
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Past experiences
November 13th, 2009 at 11:57 am
1st do a great job then word of mouth plus get involved with community
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November 13th, 2009 at 12:18 pm
Quality of service! The biggest advantage small businesses have over large corporations is the type of service you get. Get involved in the community as well. If you sponsor some events like a sports team, you will get good advertising and promotion.
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November 13th, 2009 at 12:27 pm
IDK sex sells
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November 13th, 2009 at 12:49 pm
Know your customers!! Research is the key. If your business is small then you want to keep your overheads small also and this means knowing exactly what your customers want, how often they want it and how much they are prepared to pay for it. I found that when running a small business myself regular market research was definitely the key.
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November 13th, 2009 at 1:02 pm
Location, location, location! Location is extremely important. Also, the marketing techniques are different for differentiating markets, i.e. a restaurant’s marketing technique would be different from a department store. The question I would ask you is what kind of business do you operate?
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November 13th, 2009 at 1:46 pm
Viral Marketing — get your current customers to work for you. For small businesses, word of mouth is priceless. Offer a referal incentive. Each customer that enters your shop gets a coupon with their name written on it for 10% off.
Ask them to pass it on to a friend. As an incentive, you will give the original customer 10% off and a freebie when that coupon shows back up in your store in the hands of a new customer. These things can work!
Also, join your chamber of commerce.
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November 13th, 2009 at 1:55 pm
advertise advertise advertise and advertise some more
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November 13th, 2009 at 2:16 pm
I am a small Business advisor in England. Short is that you should have enough working capital, do your market research, budget and forecast, have a business plan ready (its your road map)and whatever you thought would take you one month, allow 2 months for it to happen. Work hard, but take time off as well to recharge your batteries, its your only source of inspiration! You must have an effective website, and a sound marketing plan. If you want you can email me your website and marketing plan and will do a free critique for you.
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Independent Business Consultant
November 13th, 2009 at 3:05 pm
stick to ur core competencies because if u go beyond this, things will start crumbling so dont B foolhardy brave and invest on the business that is ur core competency circle. REMEMBER focus is key for any business to survive.
talk2anshulg@yahoo.com
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November 13th, 2009 at 3:21 pm
My best marketing advice is to get out there and do it. As a small business owner, your most important roles are as a saleman and marketer. Nothing happens until the sales is made… period. If it takes cold calling 50 business, door knocking on 200 homes, putting flyers in mailboxes of every home in a 2 miles radius, then thats what you’re going to have to do every day.
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November 13th, 2009 at 4:04 pm
My family’s small business found it beneficial to make tons of signs. We would take wood, paint them with our logo and address, and stick them all over town. The bigger the sign and the higher you place it, the more people you’ll attract!
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November 13th, 2009 at 4:20 pm
The number one thing you need to do is identify your "big idea." Your big idea is a concept, either a few words or an image or maybe something as abstract as just an idea that really defines what your business angle is all about. It should also describe (if possible) what your "different and better" is over the competition. Why should a customer pick you and not the business down the street? Why should they come back?
Your big idea is your theme that all other marketting should fall under. It is what people will remember about you, and if you do it correctly, that will be a good thing.
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November 13th, 2009 at 4:38 pm
have lots of stock at quite chep prices but not 2 lo cuz the u wont make eny profit
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November 13th, 2009 at 5:15 pm
Stay focused on your core business. Some small business’s try to be all things to all people trying to drive revenue. By staying very focused on your core business you will maximize your marketing dollars.
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November 13th, 2009 at 5:50 pm
The most important thing is to have a business plan. Why? Several reasons:
1. It covers all aspects of your business.
2. You can’t manage what you can’t measure. The business plan provides the metrics (strategy, tactics, timing).
3. You’ll need it for funding purposes.
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November 13th, 2009 at 6:13 pm
The more people u contact, the more business u get…number of contacts is the key..
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November 13th, 2009 at 6:57 pm
I am a business owner, I have 3 companies where I live and they all do fairly well… I do no longer have to go out and work unless it is needed. What kind of business is it? I am sure I can help. One that worked for me was flyers (I put them out myself). Business cards (Cheap on VistaPrint.com, put them in stores where they will allow it). Check your local phone directories, you may be able to get some cheap pricing or maybe a free listing (I got one in yellowbook). If you want to chat more about this, email me through my profile
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November 13th, 2009 at 7:20 pm
If you are in retail, the three most important factors are:
location
Location
LOCATION
Yes – if you do not locate your business where it will benefit from walk-by, drive-by and pull-thru from other stores, you are fighting an uphill battle.
For ALL (small) businesses, I espouse the "CAPS" model:
C for Content
A for Awareness
P for Preference
S for Sales
Content means you have a high quality solution for a real need – no smoke and mirrors, no bait and switch, but real honest value.
Awareness means you have to promote your business – put a face on it, preferably your own. Get out an mix it up in places where your potential customers are going to be. Use advertising only where it will be put directly in front of your potential customers. These days, web-placement is an excellent value.
Preference means that you have to provide some advantage(s) over your typical competition, in order to make the customer want YOU, instead of the other guy. Personal bend over backwards levels of service, ease of transactions, best prices, convenient ***LOCATION***, etc. are all ways to enhance your chances of being preferred over the other guy.
Sales! – the end result of all of you efforts above. Make sure the customer knows how much you appreciate his business, and that they are heartily invited to return to do business with you again. Make them feel like they’ve just acquired or visited with a friend, instead of just merely engaged in a commercial transaction.
Good luck! Let me know what you think, and what kind of small business you are in…
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November 13th, 2009 at 7:36 pm
extend and make it bigger
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November 13th, 2009 at 8:19 pm
Don’t overextend yourself. Follow an "In and Out" strategy of things. When you drive through an "In and Out" for a double double, take a look at the menu. Not a whole lot of options, which keeps cost down. Limited menus, specialization, and finding a receptive community should all be at the top of your list. Also, don’t cut corners when it comes to permits, zoning etc. Saving a few hundred dollars on a permit isn’t worth the risk of being shut down by a city planning board.
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November 13th, 2009 at 9:09 pm
Make darn sure that you have enough capital to take you through at least one full year without making a profit! Believe me, I know!
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November 13th, 2009 at 9:27 pm
Never market – always sell. Never advertise – always sell. As a CFO for 25+ years I have seen to many businesses fail because they were caught up in what I describe as PASSIVE MARKETING AND PASSING ADVERTISING. You need to be selling — and there is a really big difference between marketing and selling. Not knowing what your business is all about, I cannot get more specific with you, but SELL SELL SELL SELL
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November 13th, 2009 at 9:55 pm
Well the best advice I can give as a small business owner is branding… Get your company name out everywhere and logo… I use overnightprints.com, where i can upload a business card or postcard that i made… and i get a thousand glossy thick cards for like $50 delivered… then i hand them out to everyone and anyone… It depends alot on what you do as well… like i partner with real estate professionals, because as an insurance agent, they can refer to me… and vice versa.. find similar but noncompeting business to set up referral bases. Also have a website where people can be referred to for basic info… like mine @ http://www.rmwi.net hope this all helps a little.
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http://www.overnightprints.com
http://www.rmwi.net
November 13th, 2009 at 10:37 pm
Get as much free publicity as you can. Local newspapers and radio / TV news are often looking for fill in stories. Make sure you send regular press releases. A well prepared press release can get you a lot of free publicity equivalent to $$$Millions$$$ in advertising costs.
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Experience
November 13th, 2009 at 11:23 pm
Focus on giving great customer service, that’s one of the adventages of a small business, custumers will return to you if you show the how valuable they are to you!! most of the previous answers are great!!! I’m sure we have you thinking!!!!
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November 13th, 2009 at 11:35 pm
word of mouth
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November 14th, 2009 at 12:08 am
Firstly, i like to know what is your nature of business? Do you have a specific marketing budget? My advise to you is you can start off with a simple marketing tool i.e. flyers, brochures, leaflets, etc. It’s cheap and with the right presentation or design, can be quite effective. I did this when i started my advertising business 3 years ago and i did great.
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November 14th, 2009 at 12:39 am
Marketing is very important. Stay focused on who your market is, think of ways that you could reach them (what that market uses most in their daily lives) and figure out what you can afford, and make sure that there is something in your ad or whatever you do that lets you know that the ad is working for you. I.E. "refer to this ad when you call" type of stuff. This way you have something to gauge value on. Marketing really depends on what your business is and your business plan, and then a lot of it is common sense. Your local chamber of commerce or small business center might have some more information to help you get started.
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November 14th, 2009 at 1:23 am
As a small business owner myself, I never stop marketing. I also try to refer my best clients as much as possible. That goes along way in developing alliances. Also, apply the 3 ass rule. If there is a gathering of more than 3 asses, you need to be there!!!!
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November 14th, 2009 at 2:06 am
Sorry but I do not agree with answer one, If you do a good job well why sell yourself cheap.
You will find you will only attract customers who want to buy cheap products therefore they will not spend a great deal and your reputation will suffer as a consequence. My advice, quality not quantity and offer a better service to your customers then WATCH THEM RETURN and spread the word to others. ok. !!!
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November 14th, 2009 at 2:15 am
hi,
just relax and just dont do anything special. if u can then try to merge ur company name and some of ur staffs with a similar big named company by any mean and sit back. ask for ur help to that company and so what they say. try to communicate with their clients as much as possible and after some months u will find u have made ur own chain of clients.
then just get loosse of the bonds and start ur own business.
try it ……i have done it and got great result. best of luck.
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November 14th, 2009 at 3:01 am
Start small, dont over stock.Set realistic hours of operation and stick to them ..Dont be an immediate people pleaser… most of all offer a good product and good service and you will succeed
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personal experience
November 14th, 2009 at 3:15 am
Focus all of your attention an advertising to a target audience and avoid general (and usually more expensive) advertising such as cabel tv, magazine/newspaper ads, radio, and jumbled value paks. Emails and direct mail targeted at the people who will buy from you usually work best. And expect slow results… a good plan could not show benefits for up to a year.
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November 14th, 2009 at 3:47 am
Depending on how "small" your small business is, CUSTOMER SERVICE / WORD OF MOUTH is your best advertising. Do what you say and say what you do…..Attitude and gratitude is the key!
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November 14th, 2009 at 3:55 am
THINK BIG! start small…
I am a Brand Manager, and a Business Development Consultant at the same time, and this is what i can offer for you:
Name your business simply. Make a very simple logo that depicts your business activity. A logo that can be instilled in the mind of a person easily. If you have that, then you have a brand that speaks.
Compile a data base of friends and acquaintances. You can use them for referrals.
Ensure that your product is competitive enough in terms of quality. This will make people talk about your products/services, and of course would bring you free advertisement.
Make a market research on price and product competitiveness. Benchmark so you where you stand.
Know your direct competitors. There you know where to place yourself.
Instead of fulfilling a need, why don’t you create a need. In this instance, you are creating an scarce supply with a large demand. This is surpassing customer expectations on the basic needs thay are facing now.
Finally, PRAY, PRAY, PRAY! God knows where to put you.
Sure there are still so much things but these are the basics that we all should know as Branders and business owners who like success. Of course success means return of investments. Good luck!
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Former bosses, and colleagues
November 14th, 2009 at 4:40 am
The best advice that I can give is to really know where your product/service is placed in your customer’s minds in comparison to your competition. Make sure to have business cards with you wherever you go and set a goal for yourself, let’s say: introduce yourself to 10 people a day in your community and give them your card. Chances are they will throw it away, but the ones who you impact can become great word of mouth advertisers.
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November 14th, 2009 at 4:48 am
I own a printing company that I bought when it was on the fall. We have found several answers to your question.
1. Community- Be involved, join the chamber.
2. Service- Provide an unparalleled customer service.
3. Competition- Shop the competition.
4. Inventory- Buy in large quantites to get cheaper prices. When you start throwing $$ at vendors you can negotiate the prices. (to a certain extent)
I hope that was helpful.
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http://www.robertsprinting.net
November 14th, 2009 at 5:36 am
have patience, treat your customers well, word of mouth is the best and cheapest form of advertising
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November 14th, 2009 at 6:06 am
Read the Book of Psalms 1-4….but the best advice is John:3:14
Sincerely,
S-Jenkins
CEO
SG-International
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November 14th, 2009 at 6:28 am
know who your clients are and be sure to advertise where they are. if you want to branch out, those bus benches are good because they are seen by everybody. magnets and pens are good too because they are portable and they will travel all over by themselves, advertising as they go. be sure to mark your vehicle too. take a class at the local community college on small business. see what the competition is doing. be sure you budget for marketing, and track your responses by each method used. reuse the best and throw out the rest.be creative and colorful so you stand out from the rest.
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November 14th, 2009 at 6:39 am
Your customers are your greatest asset. Treat them like gold and they will be your most effective advertising staff.
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November 14th, 2009 at 6:57 am
one word. advertise.
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November 14th, 2009 at 7:38 am
Promote yourself, but never, ever, EVER appear in your own print ads or commercials. As a consumer, that turns me away quicker than anything.
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