10 Essential Marketing Tips for Any Business

These ten marketing tactics can go a long way toward helping small business owners achieve their business goals.

1. Conduct market research. As you launch a new brand, you must understand the current offerings on the market. If you have direct competition, where does it come from? Do customers have pain points that no existing company is addressing? Understand your target market and its needs before you start spending on major marketing campaigns
2. Create a customer profile or buyer persona. As you identify your target market, go further and describe the exact type of person you see as your core customer. Think about their age, gender, interests, and other demographic traits. When you have this buyer persona in mind, you can better determine the best way to reach them.
3. Conduct price research. Use pricing research and case studies to help your company find an acceptable price point for a new product. Gleaning price information from the current market will help you craft your own business strategy.
4. Provide valuable content. New business owners may equate marketing with pay-per-click ad campaigns or TV commercials, but you can draw organic traffic to your website via content marketing. Brands that commit to blogging, vlogging, or podcasts can build up subscriber bases. Then when the right time comes, a portion of these subscribers may choose to make a purchase.
5. Maintain social media channels. Social media posts can reach customers in a more personal, intimate way that an online banner ad can. When you create content for social media accounts, you may find you can build trust with customers who do not respond to other forms of online marketing.
6. Network whenever possible. In order to get the word out about their new business, startup owners have to make themselves visible. This might mean participating in webinars, cross-promoting with other local businesses, or just showing up at events to talk about yourself and your great new company.
7. Make use of marketing tools. Customer relationship management software can help you track sales metrics, email open rates, and customer service requests, among many other functions. This CRM software allows today's small business owners to expand their marketing efforts.
8. Optimize for smartphones. Entrepreneurs know that much of today's e-commerce takes place on smartphones, both through web browsers and dedicated apps. Make sure your digital marketing strategy accommodates those who mostly access the internet through their phones. In many cases, digital platforms will do this for you. Make sure your own website loads smoothly on a smartphone, especially if that is where you conduct most of your commerce.
9. Promote positive word of mouth. Most customers trust word-of-mouth recommendations from friends and family over any other form of marketing. Prioritize great customer experiences to naturally promote the spread of word-of-mouth testimonials.
10. Audit your results, and keep adjusting. Regularly convene with your marketing team to review sales figures, subscriber growth, and any other relevant metrics. Then, engage in relevant retargeting to reach an even wider span of new customers. This means that launching your marketing campaign is really just the beginning. You will be assessing and refining your marketing for as long as you run your company.