Top 3 Marketing Resolutions for Small Businesses in 2008

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 It’s that time of year again, when we decide how to during over the next year.  If you are a business owner, who wants to increase business this year, you need to consider these three resolutions to get your business moving in the right direction in 2008. 

 1)    Find new customers – Lead generation, advertising, networking, and referrals are all ways to find the new customers.  Some work better than others, but you should at least consider all of them.

a.       Referrals are by far the least expensive and best way to get new customers, but many small businesses still don’t have a referral program in place.  You don’t have to offer old customers a cruise to get them to send you new business.  Usually just asking them at certain times and a nice thank you is enough if they really believe in your business.  Too many times small businesses just don’t ask.  Some great opportunities to ask are when they make a purchase (on the online Thank you, the receipt, a sign up form), or after they have finished the purchase (a note on the invoice or delivery form, a follow up card or email).

A simple hint:  Hand your customer two businesses cards on their next visit, ask them to give one to a friend.

b.     Lead generation since the Internet has become both easier and more complicated.  With a click of the mouse you can get lists of either your competitors or potential clients.  The complication is knowing how to get the contact information and then how to reach them.  Spam is illegal, unethical, and annoying and not the way small businesses should be spending their money.  Putting together a Pull Marketing Campaign that uses both email and snail mail combined with an offering to get leads to your site, and capture their information is a much better method to start the sales process.

c.      Networking is another method of finding customers that has gotten easier through the use of the Internet.  Sites like www.meetup.com; www.linkedin.com (Look me up, Tanya Eldert, I would be happy to link to you) are great ways to meet contacts both online and off. Meetup.com uses the electronic world to set up in-person meetings and gatherings and great integration of online and offline marketing.  Want a comprehensive list… check out Wikipedia: http://en.wikipedia.org/wiki/List_of_social_networking_websites

A simple hint:  If you are going to create a social network page for your business, consider Facebook over My Space.  It has a better reputation for business professionals than My Space, unless your target market is 13 to 25, then you should stick with My Space.

 2)    Keep the old customers coming back – Return on investment (ROI) is always lower to bring back previous customers than it is to find new ones.  Create an E-newsletter campaign to stay in front of past customers.  If you don’t have their email addresses, put a simple program in place to collect them. 

a.   If you have their mailing address, mail them a letter with a return envelope, explain to save resources (money and trees) you are going to be sending out your specials via email from now on and can they give you their email address.

b.   A third way, which is a little more complicated, is to offer an incentive for going onto your website while the customer is making a purchase; such as a free item, or a coupon off a future purchase etc.  While the customer is on your site, have a way to capture their information.  You will have to create a special landing page for this with a contact capture form, but that is the only reason it is more complicated.

A simple hint:  Put a sign up sheet asking for emails and offering specials next to your cash register or add “email” to any forms you use to gather client data.

 3)    Make your presence known on the web – Everyone already knows that the Internet is changing the way people shop, compare and buy goods.  It has and will change the way we market our goods and services…forever.  However, in my daily consulting I still run across small businesses that don’t even have a website.  Yes, really.  They have ways of marketing that have worked for them in the past, and are still working to a certain point today. At this point in time, a website is needed if for no other reason than to show the validity of a business. I heard this recently at a network meeting, “What, they don’t have a website? Are you sure they are a real business?” Despite the fact this particular company had been in business over 10 years. Here is my list of essentials in order of priority:

a.   Email address that works!

b.   Website – professionally set up to pull customers to you and capture leads.

c.   Search Engine Optimization (SEO) – If you really want to draw people to your business through the Internet you need to get ranked on the major search engines under your key search terms.  This is not an easy process and can take a few a months. 

Hint:  DO NOT hire any company who says they can get you to the top of Goggle in a month or two without using a pay-per-click campaign.  If they can, they will do it unethically and your website can easily be banned from the search engines.  The web is full of horror stories about unethical SEO companies.

Some simple tips to get started with Search Engine Optimization:

Tweak your website.  I have a checklist you can use when you sign up for future copies of my E-Newsletter. You want to make sure you have keywords, rich content, a site map, good titles, and meta tags.

Sign up on Social Media sites.   As mentioned under networking, this is the electronic form of a handshake plus elevator pitch on a webpage.

Create a Blog.  This is a great way to update your site regularly and have some great content with keywords for spiders to find.  Make sure that what you write is focused on your target market.

 All of these resolutions take hard work, dedication, and focus.  None of them are get rich quick ideas.  If I knew how to do that legally and ethically, I'd be in Bermuda right now sipping a margarita.   As a small business, I know it takes hours a day to do marketing, luckily this is something I find fun; but to other business owners it is a tedious but necessary task.  To get 2008 off to the right start it is important to make sure you have someone on your team that is dedicated to marketing your business.   

 

 

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