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Marketing strategies ……………………
Marketing strategy to fuel your business growth
You need more than one strategy . you need a strategy for
Every opportunity.
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Growth image credit : David Lees / Getty Images
R.L . Adams
Entrepreneur , software engineer , author , blogger
and founder of Wanderlust worker .com
Home Manu book. ……………………………………
September 12, 2017 12 min read
Opinions expressed by Entrepreneur contributors are their
own.
Growing a business isn't easy. First, you need a viable
idea. From there, you need to discover a profitable niche,
define a target demographic and have something of value
to sell them. Whether you're peddling products, services or
information, getting the word out has become increasingly
burdensome. And without the right marketing strategies to
fuel your growth, churning a profit and staying afloat is
virtually impossible.
However, identifying the right strategies to market your
business is often likened to rocket science. How do you
get your message to the right audience and do it
effectively? How do you boost visibility and increase sales
while sustaining a profit with a converting offer? Today,
with so much vying for our attention from social media, to
search engine optimization, blogging and pay-per-click
advertising, it's easy to see why most are ready to pull their
hair out.
The truth is that what got you to this point in business is
likely not going to get you to the next level. If you're
feeling stuck, join the fray. Most entrepreneurs are so busy
working "in" their businesses that they fail to work "on"
their businesses. As a result of dealing with the day-to-
day operations of a company that includes customer
hand-holding, supply-chain demands and more, we often
neglect to wield the right marketing strategies that will
help fuel our business's growth.
What does it take to do that? Simply put, you have to take
a step back for a moment. You have to analyze and
understand the basic mechanics of your message and how
to effectively reach a larger audience without losing your
shirt. The secret to all of this? No matter what marketing
strategy you use, if you don't have an effective sales funnel
and optimize your conversions, you'll just be throwing
money away.
What are the best marketing strategies to use?
Most businesses are faced with a conundrum. It's a
Catch-22. There's a clear need for increased visibility to
drastically improve sales. But in order to get more
visibility, businesses have to spend more money. When
that well runs dry, what are you supposed to do?
There is no obvious and clear answer to that question that
covers all situations. But there are things that can be done
today, right now, even on a shoestring budget, to reach
more customers without breaking the bank. However, it all
boils down to time. If you lack the money, you sure better
have the time to put in the sweat equity.
Either way you slice it, as long as the fundamentals of a
sound business are there and you're working tirelessly to
build an authentic relationship with the consumer by
sincerely trying to add value, then there are 10 go-to
strategies you can use to market any business online.
1. Use social media.
You can't ignore social media. That's where all the so-
called magic is happening. Some businesses have been
built solely on the backs of social media. It can be
intimidating at first. Sure. But as you build momentum,
you'll find posting on social media to get easier and easier
over time.
Of course, you could also hire a social media manager if
you have money to burn. But if you don't, just be yourself.
Be authentic. Post your thoughts. Post your products. Post
anything that you find relevant and useful that would help
your audience either learn more about you and your
business, or about the industry that you're in.
Use direct messages on platforms like Instagram and even
Snapchat or Twitter to reach out to other successful
businesses or even to communicate with potential
customers who might be looking for your products and
services. This is very powerful marketing.
Related: 10 Laws of Social Media Marketing
2. Create video tutorials.
One of the most effective ways to get the word out on your
business is to create video tutorials. Teach people
something useful. Walk them through it. Hold their hands.
Step-by-step tutorials are all the rage. The better you are
at this, and the more value you provide, the quicker you
can boost your visibility, and ultimately, your sales.
Today, YouTube is the second largest search engine in the
world behind Google. Whenever someone wants to learn
something visually, they head there. You've likely done it
yourself countless times. So just ask yourself what you
could teach in your business that would help consumers
solve some pain point? What got you into business in the
first place?
The hardest part? Hearing your own voice playing back
and even seeing yourself. Now, you don't have to appear
visually on camera, but you'll likely need to be heard. You
get used to it over time. But you can't ignore the visibility
and reach of YouTube so get out there and start making
authentic and useful videos today, right now.
Related: 6 Ways to Use Video to Sell New-Product
Concepts
3. Start blogging now.
Sure, you could start a blog. If you don't have a blog for
your business, then you need to start one immediately. But
you don't just have to blog on your own blog. Most people
find blogging mundane because they lack the visibility.
The truth is that your blog is going to be like a barren
desert unless you know what you're doing.
But this isn't just about posting your ideas on your own
blog. You should start authority blogging. Use platforms
like Medium to post content. Answer questions on Quora
and Reddit. Or get out there onto LinkedIn's publishing
platform. These are all authority domains that anyone can
post on, which have massive audiences, giving you instant
and immediate reach right now.
When you do blog, ensure that you blog effectively. Don't
post thin content. Think about adding value. Worried
about revealing all your business secrets? Don't be. Give
away the farm. Give people so much value that you
instantly become an authority in their eyes. This is one of
the most powerful strategies you can use to market any
business.
Related: 5 Ways to Build an Audience for Your Blog and
10 Ways to Make Money Once You Have.........
4. Understand search engine optimization.
This is an area of marketing that I'm incredibly passionate
about. But it's also an area that many people are deathly
frightened by. Yes, SEO can be frightening. But it can also
be powerful. And when you learn to leverage it and you
learn SEO the right way, the sky truly is the limit.
There are companies out there who teach you how to use
shady PBNs and other link schemes to "trick" Google. It
might get short-term results, but in the long term, you'll
land in hot water. You can't take shortcuts with SEO. Just
like in business, you have to put in the work and the time if
you want to see the results.
Some tips for doing this the right way? Don't spam
keywords. Hands down. This is one of the biggest
mistakes most people make. Create your content for
humans while also paying homage to search engines. But
more importantly, ensure that whatever it is that you're
conveying is insightful, engaging, unique and adds a
tremendous amount of value.
Related: SEO Tutorial: 12 Immutable Laws For
Dominating Google's Search
5. Leverage influencers.
Want to get the word out there and boost your visibility on
social media without taking years to build the audience?
Then you should certainly leverage influencers. But the
key is to find the right influencer. You don't have to go
with influencers with millions of followers. You could opt
for micro-influencers with tens of thousands or even a
hundred thousand followers.
The trick? Find the right influencer in your niche so that
you're targeting the right audience. It's not just about
spreading your message. It's about spreading your
message to the right consumer base. If you can do that
properly, then you can likely reach a sizable audience for
not much money invested when you think about the
potential profit it can return.
If your sales systems and products are in place, then this
makes sense. If you have an offer that's clearly converting,
and it's simply about more visibility, then this is likely the
right marketing strategy for you right now. Assess the
situation and reach out to influencers and gauge their
pricing. Do small tests and see what works, then scale.
Related: 10 Rules for Leveraging Social Media to Grow
Your Business
6. Build a great lead magnet.
So much effectiveness in marketing really does boil down
to creating a great lead magnet. I've found that the right
lead magnet presented to the right audience can have
explosive results. The best way to do this is if you can
identify the right pain points and present a solution in your
lead magnet, then you're well on your way.
What problem are consumers facing in your niche? What
made you get into business in the first place? Ask yourself
these questions before building out your lead magnet. The
better you identify the problem or pain points at the outset,
the better you'll be at actually addressing that with a
solution in your lead magnet.
What type of lead magnet should you build? That could
either be an ebook, a cheat sheet, a checklist, a video and
others. Of course, it's not just about the lead magnet. You
have to have a squeeze page with sizzling sales copy to get
people to drop into your funnel. But it all starts with a
great lead magnet. The better it is, the more effective you'll
be at reaching your audience.
Related: How to Create a Lead Magnet That Actually Gets
Leads
7. Use Facebook ads with re-targeting.
One of the most powerful methods you can use to market
just about anything these days are Facebook ads. With
Facebook, you can reach a very specific audience and you
can do it very easily. You can target by interest, age,
relationships status, geographic location, and so much
much more.
But the trick here to getting great results isn't just about
click-traffic. You have to focus on conversions and re-
targeting through pixels. If you don't know how to install
the Facebook Pixel on your site, then you absolutely must
learn how to do this right now. Even if you're not running
Facebook ads, you can build your audience with a pixel.
Pixels track everyone who comes to your site, and you can
build custom audiences around them. For example, if you
post content about how to learn to drive a semi-truck, and
you track visitors with pixels, you can then market truck
driving certification to people who have already shown an
interest in that already because they visited that specific
page. And your conversions will skyrocket.
Related: Here's How to Master Facebook Advertising and
Why You Must
8. Use LinkedIn the right way.
Do you have a video on your LinkedIn profile? Did you
know that you can easily add one? Why not take the time
to introduce yourself and your business. Link that to your
profile description. This is an easy way to passively
market your business, and when it's done right, it can lead
to shocking results.
If you have lots of connections on LinkedIn and you're not
really posting on there, start immediately. You can reach a
large audience, especially when your posts go viral. This
is a great place to convey the entrepreneurial journey.
Talk about your challenges and tell stories. The more
effective your stories, the larger your potential reach when
you go viral.
You can also reach out to other businesses and collaborate
with like-minded entrepreneurs on LinkedIn. It's a great
go-to resource for all things business and too many people
overlook this.
Related: Seriously, Please Stop Trying to 'Go Viral' on
9. Create an affiliate program.
Most people don't understand the power of affiliate
marketing. Affiliates can provide massive fuel for growth.
But approaching the right partners isn't always that easy.
You have to have good conversion if you want the bigger
affiliate to take you seriously.
I've found that navigating the affiliate minefield can be
tricky. It takes persistence and it takes true grit to make it
through. Most of us get discouraged after a few setbacks,
but you can't allow emotions to get in the way when it
comes to affiliate. Build an affiliate program and start
reaching out to potential affiliate who can assist you.
There are loads of websites you can use as well such as E.
Brian Ross's JVZoo, or Tim and Eileen Barber's
ClickBank and Commission Junction to get the word out.
Related: The Affiliate Marketing Model: A Blueprint for
Success in the Gig Economy
10. Use Email Marketing Sequences
Part of any good sales funnel is going to be an email
marketing sequence. These are the automated messages
that go out to users once they subscribe to your list. Use
your email sequence to build a relationship with the
subscriber. Be authentic and transparent. And convey
your journey.
Use the email responses and clicks to segment your list.
For example, if someone clicks on a specific link, they've
clearly shown an interest in something. Tag that
subscriber to market to them later. If someone buys, tag
them as a buyer. Identifying your buyers and the interests
of your subscribers is huge for segmenting.
When you do send broadcasts, split test. Split test
everything, in fact, You never really do know what's going
to be the most effective until you pull the trigger and really
test it out. This will help you understand what your
audience responds to better, making you a better
communicator, and better able to sell to your customers.
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