10 Tips for Making the Most of Your Marketing Dollar
July 25th, 2008In yesterday’s post, we talked about being competitive with a small business in a challenging business environment. Today we are going to look at 10 ways to make the most of your money in your marketing plan when your budget is limited.
Know what works. Have a method of tracking where existing customers are coming from.
Repeat your success. Keep in contact with current customers and notify them of specials and new products. An e-newsletter is a cost effective way to keep your name in front of your customers.
Look at where your business is currently coming from and identify ways to expand that base. Are there additional services you can provide?
Are you spending all of your money in low trust, low return venues? Evaluate your current marketing and promotions in relation to the marketing trust pyramid.
Network. Most people think about business to business when they think of networking, and that is a very valuable avenue. However if you are a small business owner, every person you come in contact with should know what you do and the product or service you provide. You shouldn’t be obnoxious about it, but you should be close to it.
Do joint marketing with complimentary businesses. A friend of mine does an amazing job of this with her …






