The process of marketing against the likes of much larger companies for your home-based business is going to be difficult. Unlike your competitors you probably don’t have an immense budget to spend on marketing unless it shows a great ROI immediately. The flexibility of being able to make final decisions immediately instead of going through 5 different approvals in management can make a home-based business’ marketing more efficient than their larger competitors. The ability to be edgy is also available whereas a larger corporation or company might not take this risk. Take a proactive approach to this as doing daily marketing can end up increasing sales as well as brand recognition of your business. The following are tips to help a home based business compete with larger companies in their niche.
In-House & Outsourced
Creating blog content is not going to be enough as you will have to hire an outreach team. Outsourcing this work can help save copious amounts of time as well as money overall as many digital marketing agencies have established relationships to leverage immediately. Chris Bower, the CEO of Detroit Internet Marketing, a Michigan SEO firm notes “Outsourcing to reliable companies is critical. Bad content could result in penalties from Google. For example, keyword stuffing and article rewriting are black hat tactics that could hurt your business in the long run.”
These companies can also represent a brand in a negative fashion and will also be wary of explaining their entire process if they are participating in unethical marketing techniques. Testing out a few different campaigns on a small level can separate those that do quality work at the right price and those trying to take advantage.
Social Media Accounts With Larger Follower Counts Legitimizes A Business
Building a social media following is imperative in order to be legitimized in specific business niches. A person that says they are a digital marketing guru but only have 300 followers on Twitter delegitimizes themselves almost immediately. This is much like a graphic design company’s website have multiple errors or looking dated. Engage with followers instead of using social media accounts to just announce your business’ events or sales for the quarter.
Track ROI As Your Budget Is Limited
The ROI of contractors or time spent marketing needs to be tracked to maximize efficiency. There are so many ways to track how marketing campaigns are bringing in traffic and leads to a company. Google analytics is a great example of a tool that can show where search traffic is coming from as well as how long visitors stay on specific pages. This type of data is important as it can help improve quality of leads and traffic if analyzed accurately. Data will be able to allow you to see where you can improve and what tactics simply did not deliver. Optimizing budget for a marketing campaign can be a huge risk if the decisions are not based on information of past campaigns.
Don’t Waste Money On Generic Content
The last thing that anyone wants to read is a clickbait title that doesn’t even come close to delivering when compared to the title. Real information and statistics should be used as should actionable tips to readers when giving advice on specific industry best practices. Podcasting can be a perfect way to create content on a budget as well as connect with others in the industry when inviting known guest in a business niche. A podcast can allow you to delve into depth when it comes to specific topics. Popular podcasts in an industry can generate business for you as well as extra money via sponsorships if you gain enough in terms of weekly listeners.
Market Company Values That Stress Customer Experience
The draw of working with a smaller operation is that clients believe they will be valued more than at a company that could have thousands of customer service reps. Client testimonials on the website as well as personal recommendations on LinkedIn from the right people can make a huge difference. Creation of a video or graphic that shows how the client will interact in each part of their time working with the company can be helpful. Knowing things like you will have one client rep that you communicate with can give comfort to people that do not want to reach out to 5 different people just to get a simple answer about a project. The small business experience is important to certain clients so make sure that this is marketed appropriately.
The marketing strategy of a home-based business when competing against larger companies will need to be creative. Finding a great team at a digital marketing company or freelance can be extremely valuable to the growth of your business. Picking the right partners when it comes to marketing is essential as it impacts sales, quality of leads, and brand image.
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