Marketing has long been described as a dark art by many business owners – and for good reason. There seem to be countless different strategies, ideas, techniques, and tricks to choose from, each with its own benefits and limitations.
Knowing where to start with business marketing is hard enough. You need to pick one or two of these strategies and work out whether they are the right ones to invest your time and money in.
Marketing is also a relatively vague practice – unlike other areas of business. While successful marketing campaigns will result in some pretty clear-cut benefits (such as additional customers coming through the door), it is difficult to quantify great marketing in the same way you can a production line, for example.
This is why many business owners choose to do their own marketing rather than hire an external team to handle it for them. However, this can lead you down some blind alleys with your marketing and actually cost you more time and money than it is worth.
Instead of making marketing mistakes alone, here are three easy steps you can take to transform your business’s marketing:
Don’t go it alone
One of the worst mistakes you can make with marketing as a business owner is to try and do it all yourself.
This is a critical error because you are unlikely to be able to compete with your rivals if you are having to learn the basics of marketing in your free time and only dedicate a modest amount of time to trying to make the strategies you have learned work.
What’s more, poor marketing is immediately apparent to your target audience, who will sniff out the fact that you cut corners with your advertising and question whether the same approach has been taken with other areas of your business.
Instead, you should work alongside a marketing agency that specializes in your particular industry. Their team will know exactly what strategies or tactics work in your industry and which ones are best avoided.
For example, if you operate in the cannabis industry, it is worth hiring a cannabis seo agency to help you with driving additional traffic to your website.
Focus on building an audience online
When it comes to your marketing, you need to focus on cultivating a strong and responsive online audience. The world is moving quickly towards an audience–based economy where brands are judged as much on the quality of their online audience as their profit margin.
Why?
Because having a strong online audience means that you can exponentially grow your brand, target audience, and, yes, your eventual profit margin.
To do this, consider cultivating an audience on social media or through your website via SEO.
Make sure you have a solid plan
It sounds blindingly obvious, but most business owners shoot blindly in all directions when it comes to marketing. They are addicted to the next shiny object and don’t consider creating a logical plan to guide them.
Instead, work out what the best strategy is for your business and stick to it, regardless of other, more trendy strategies.