7 Most Effective Marketing Strategies for Growing a New Business

There are around 627,000 new businesses that are opened each year. If you’re opening your own business, then you’re going to want it to be successful.

There are plenty of ways to market your business to potential customers but you should aim to find the best marketing strategies. You will need to do some trial and error to see what works best for you and your business.

When planning your marketing strategy you also shouldn’t put all your eggs in one basket by only going down one route. Try to spread out the ways that you do marketing for your business.

Keep reading for seven of the most effective marketing strategies that you can use for your business.

1. Social Media Marketing

If you don’t already have social media accounts for your company, then you should get to making those ASAP. Marketing through Facebook, Instagram, Twitter, or even Youtube is an awesome way to reach your target audience. Social media marketing is a free way to get your brand and name out there. If you produce good content, then people will follow you.

Social media is also a great way for you to interact with current and future customers. If you get any questions or concerns sent to your social media accounts, you should aim to respond within 24 hours. The quicker you reply, then the better image people will have of you and your business.

2. Marketing Through Blog Posts

There are so many reasons why you need to have a blog component to your business’ website. Don’t make a new website for your blog but rather add it to your current business’s website because this is the best way for viewers to see the products or services that you have for sale.

A blog is a great way to create fresh content which will help you get recognized in search engines. Most of the time the elements of our business website don’t get updated unless we have new products. That’s why a blog gives your website new content and helps to get more traffic directed toward your website.

You can also use your blog to branch out to new customers and create shareable content. If your content is interesting and worth sharing, then you will also get some free advertisement when someone shares one of your posts.

3. Facebook Advertising

Another great strategy to add to your plan is to advertise on Facebook. Adverting through Facebook has so many perks. They help to narrow down and find your target audience so you know the exact demographic that is seeing your advertisements.

You may be surprised to know that it is also relatively cheap to advertise on Facebook! You could spend as little as one dollar a day, which is only $30 a month, and still get your advertisement seen by thousands of people. Facebook is a great place to advertise because you’re sure to find your target audience there.

4. Email Marketing

Email marketing is an awesome way to send potential customers information right to their inboxes. In the beginning, it may be a bit tough to build your email list database but you just need to give people an incentive. This incentive could be saving some money as long as they sign up for your email list.

You should also be straightforward with people when asking them to give you their email address. Let them know that you will be sending weekly or daily emails to let them know all about your company and what you have to offer.

Make sure you don’t spam! No one likes to get tons of unsolicited emails that they don’t care about. Sending a lot of unnecessary emails will only make people unsubscribe from your list or block you which you don’t want.

5. Use Geofencing Marketing

Geofencing marketing is an awesome way to market your business to your potential customers. This type of marketing works by targeting your audience right down to a specific location. It can even go as far as marketing to people at competing businesses, malls, convention centers, or even neighborhoods.

Marketing this way is a perfect way to reach the exact audience that you’re aiming for. When people go into the geofence during a specific time, then they will be put into your audience and see your advertisement for up to 30 days. You can learn about geofencing marketing and implement it into your marketing strategy.

6. Direct Selling

Direct selling is one of the best ways to market your company because you will be able to talk directly to your customers and convince them to buy your products. This is a face to face way to influence potential customers.

Make sure to build relationships with potential customers as well as current customers. Having a strong relationship with your customers is one of the easiest ways for them to buy from you business again. If they feel they you appreciate them and their business, then they will be more willing to work with you.

7. Work With Other Brands

Another way to get your name and company out there for potential customers to see if to work with other brands. You don’t need to work with brands that sell exactly the same thing that you do, but rather ones that align with your goals and products.

Working with other brands can help potential customers come to you as well as your co-brand. Make sure that you also support the brand you’re working with. This will help to build trust between you, customers, and other brands.

Find the Most Effective Marketing Strategies

Finding the most effective marketing strategies for you and your business should be easy. There are so many different options that you can choose from. Do a bit of trial and error with your business until you find the right marketing strategies for you.

If you want to start your own blog for your company, then make sure to check out our website for all the tips and tricks on how to run and manage it all on your own.