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Why Smart Business Owners Never Stop Marketing

One classic mistake business owners make when money is tight, is to cut their marketing budget or to stop marketing altogether. At a first glance, it might seem logical to cut down your expenses during tough economic conditions. However in reality, it’s the opposite of what you should be doing.

When your business is struggling, going the extra mile from a marketing perspective is a smart strategy to be at the forefront of the minds of your customers and prospects. Furthermore, an effective marketing strategy should assist you to increase leads or sales.

However, if you really need to tighten your belt, here are some steps you can take instead of hitting “pause” on your marketing efforts.

Be strategic about how you spend your money.

First of all, don’t waste money. This sounds simple, but in reality, many business owners are not mindful of their spending. Be strategic in your spending and don’t throw money in areas that won’t contribute to your business growth. For instance, if your data suggests that the returns are higher from your digital marketing efforts compared to print ads, you might want to dedicate your resources to online ventures.

Invest in action campaigns.

Are you opening a new shop, launching a new product, or running a discount promotion? Invest in an action campaign that will provide your target market all the information they need and will prompt them to act. Make sure that you share all the details such as your website, exact location, operating hours, or a discount code for their purchases.

Communicate with your target market clearly.

Ensure that your messaging is not only engaging, but crystal clear and concise. The call-to-action in your campaigns must also be solid and powerful to be able to create the desired action. Whether you want them to sign up for a newsletter, register or buy from your mobile app, or grab a special offer, your messaging must be clear.

Discuss with your marketing partner/staff and rethink your marketing strategy.

You may be working on a thousand other things, but it’s important to make time to evaluate your marketing strategy with your marketing partner or staff. Producing great results is not always about doing more marketing, but putting more thought and strategic direction into your advertising efforts. Stop and think about your messaging, frequency, timing, channels you tap into, and other factors to get the best results.

The CloudSitters Online Marketing

Just because you’re on a tight budget doesn’t mean you have to stop marketing and give up the chance to boost sales!

If you need assistance with marketing your business please don’t hesitate to get in touch. Our classic, digital and social media marketing services are designed to be customised and we are passionate about supporting small businesses to grow and succeed.

Get in touch with the friendly team here, or submit a form below.