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Save Money When Advertising Your Small Business 05/20/09
By John M. BetanCourt
Steps You Can Take To Save Money When Advertising Your Small
Business
Marketing your
business to the general public is no easy task, especially defining your
targeted market.Your targeted market should
be the individuals who are most likely to need what your business has to offer.For instance, if you run a professional
resume writing business, you will want to target those who are currently
unemployed or those who are looking for jobs.As important as advertising is, it can sometimes get time consuming and
costly. The costly part is what often causes many small business owners to
cringe.The good news is that there are
a number of different ways that you can go about advertising your small
business without having to spend more money than you need too.
One of the best advertising methods that most fail to
realize the importance of word of mouth.In today’s real world, many consumers like giving a company feedback or
ratings, literally or figuratively. That is why many consumers tell their
friends when they find a new professional service or store; one that is worth
visiting, or a service company that gives good customer service. They will also
tell their friends of a bad experience.You should never underestimate the power of the customers that you
already have.Not only will keeping your
current customers happy increase the chances of them coming back again, it also
increases the chances of them recommending your business to those that they
know.
Another easy and relatively cheap way that you can go about
advertising your small business to your targeted market is by carefully
choosing where you choose to advertise your business. For example running you
may want to think about distributing flyers or business cards to local coffee
shops or college campuses.The same can
be done for other types of businesses. For instance, if you run a carpet
cleaning business, you can advertise your business in local carpet stores, medical
offices property managers. Of course, you will need to get permission from
other businesses before placing your business cards or flyers on their
properties, but you may find that most are willing to assist you.In fact, you may even want to think about
doing a flyer or business card swap.
In addition to handing out traditional business cards or
flyers, you may also want to think about giving away free coupons.There are many consumers these days looking
for bargains and coupons are well-recognized for money saving Bargains. Offer
free stuff, even if it is only a few coupons buy one get one free.When a customer has a money saving coupon,
they are more likely to buy what you are selling, whether it is a product or a
service these are great tools.If you are
trying to target a specific group of individuals, like your targeted market,
you may want to carefully choose how you distribute your coupons and how much
in savings you give away.If you are
just trying to generate as many sales as possible or create a “buzz,” you may
want to think about contacting one of your local newspapers to put coupons
inside their paper. Your local Yellow Pages also Has coupon section.
During these inflationary times there are many consumers who
love free stuff, even if it is just coupons. For instance, you may want to think about
holding a contest or a drawing for your customers.For instance, if you own a carpet cleaning
business, you may want to think about a bottle of free spot remover, 20 percent
discount on the next visit. Maybe allow each of your customers, the ones who
make a purchase, to enter into your contest.If the prize is nice enough, customer’s friends may buy something just
to get entered into the contest.Hosting
a contest is a great way to generate sales and business “buzz.”
These approaches are just a few of the many low-cost,
affordable ways that you can go about advertising your business to the general
public or even just to your targeted market.The decision as to whether or not you want to use any of the above
mentioned methods is yours to make, but they are at least worth looking into.
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