New Marketing Ideas To Give Your Business A Boost

Posted on Jan 7 2016 - 8:06pm by Editorial Staff

Marketing your business is one of the fundamentals that every business owner needs to get right. That’s much easier said than done though. If you’re struggling for ideas to revitalise your business’s marketing efforts, read on. You’ll find out about some top ideas that could have a big impact.

Market Your Business with Content

Content Marketing is an easy and straightforward way of reaching new customers and making more sales. All you have to do is start a blog that is related to the services of goods that your business sells and link up the two. So, when someone arrives on your blog to read about something in particular, make sure you try to sell them something related to it. And you know that there is a pretty good chance that the person who visited your blog will be interested in what you are trying to sell. That’s because they came to your blog that is discussing things that are related to what you sell. It’s a great way to make money, so give it a go.

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Know Who You’re Selling to and Tailor Your Approach

Every business sells to certain customers. That doesn’t necessarily mean that each business only sells to one type of person though. You might have a range of different products, and each of them appeals to a different type of person. If this sounds familiar, you should consider using quantitative segmentation for market research. This allows you to see which products appeal what people. You can then tailor the approach you take to selling each of your products. If your customers are different, you should market and advertise your products differently as well. If you get your approach right, sales should rocket.

Take on Bigger Companies

Just because your business is small, that doesn’t mean that your business can’t compete with the big boys. There are so many great reasons to take on bigger companies, even if you don’t think you can beat them. For a start, a good strategy and a fighting spirit can often be enough to beat a bigger company. But even if you can’t gain a greater share of the market than the biggest companies, you can still see a benefit. Simply mounting a challenge against one of the bigger companies will allow you to get some recognition. People will notice your business, and you might even get a bit more simplicity.

Start a Newsletter

Keeping people in the loop is a great way of marketing your business and securing return custom. When someone buys from your business, you want them to come back again and again. But they will only buy from your business if you remind them. People are busy, and they are likely to forget about your business and what you have to offer if you don’t keep in contact with them. This is where an email newsletter can be very useful. It’s free and easy to put together a newsletter that lets everyone know of your latest offers and deals, so there’s no excuse not to do it. Send them out about once a week to avoid annoying people.

Build a Network of Influential People

You should try to build a strong network of important people around your business. This will allow you to take advantage of everything that can be offered to you by people with power. The network doesn’t have to be huge, but it does need to be influential. So, think about who the most influential people in your industry are and get in contact with them. Talk to them, tell them about your business and stay in touch with them. It could turn out to be one of the smartest moves you ever make if they end up doing you a big favour.

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Pull Potential Customers in with Something Attractive

Giving people something to latch onto that interests them is a perfect way of getting more people to engage with your business. You need to think about what it is that people find attractive about your business and offer them more of it. Maybe it’s your low prices. In that case, you could offer an even lower introductory rate to pull in new customers. It’s really a very simple technique, but it has the potential to work wonders for your business if you get it right. No matter what it is, make sure that people can see the value in it. And if your efforts to pull in new customers are not working, don’t be afraid to change course and try something entirely new.

Measure the Company Against Your Competitors

It’s not possible to effectively sell your business and its services or products unless you know what your competitors. You could be wasting your time if your main competitors are doing things much better than you. The only way around this problem is to do more market research on them. And then you can measure your own business’s record and methods against those of your competitors. When you are finally the top dog, you can use your supremacy as a new selling point. Make sure everyone knows that your business is the best performing business in the entire industry. This will allow customers to buy from you with confidence.

Pursue Joint Ventures

Cross-marketing your services or products with another company is known as a joint venture. It’s not something that’s particularly complicated though. It just means two businesses getting together and using the power of the other. By sharing access to the existing customer base of the other company, you increase your sales. That’s the idea anyway. It is important to partner up with the right company if you want positive results though. Look for a business that has relevant crossover potential, and then you should see the impact of joint ventures. Your business will be exposed to an entirely new group of people.

So, it’s time for you to try out some of these useful marketing ideas in your office and advance your sales.

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.