Creative Marketing on a Shoestring
You've ransacked your brain for a shred of creativity, and you still can't come up with some decent marketing tactics. Good news: We've done the work for you.
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http://www.entrepreneur.com/magazine/entrepreneursstartupsmagazine/2002/april/50342.html
In a world where a decent print ad can run to five digits,
Internet ads start at hundreds a month and direct mail costs a
dollar a pop, what's a cash-strapped entrepreneur to do? Fear
not. If you're willing to put in time in lieu of money and
aren't afraid of a little adventure, there are always ways to
market your business-all for the price of a large pizza or less.
Just avoid blowing money on methods that don't work for
start-up businesses. Instead, try these unorthodox but effective
(and inexpensive) marketing measures.
Pull a Stunt
As you sit in a sidewalk café one sunny afternoon, you notice
heads suddenly swiveling. A woman is walking down the
street…in a boned, laced bodice that gives her a silhouette
that would make strong men faint. She hands out leaflets to her
entranced audience. She makes more than $3,000 in bodice orders
within the week. Not bad for a marketing outlay of $10 and a couple
of hours.
A good publicity stunt is a startlingly effective way to
catapult your business into the public eye and gain exposure that
could otherwise cost you a fortune-if you're the kind of person
who's not afraid to be a bit wacky. Think up a clever, funny,
outrageous idea and tell the local media-newspapers, radio
stations, TV stations-all about it. Call everyone you know, and ask
them to spread the word.
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If you're starting a homemade jam business, for example, put
out a public challenge for a jam-sandwich-eating contest. Or stage
a "live" commercial in a crowded mall or even the street.
(Get permission first.) See if you can convince (or entice with
free offers of whatever you sell) friends or family to take part.
Otherwise, you can probably hire aspiring actors or musicians from
local schools and guilds for very little money.
Even if you're not willing to go quite that far, you can
whip up some public interest by adding theater to your business. If
you're selling hand-painted silk accessories, give a full-blown
silk-painting demonstration in the park, complete with flying
painted-silk pennants. Or spread a bright cloth on the grass by a
high-traffic area of the park, sit down in a suit with a briefcase,
and put up a big sign that reads "Tax accountant for
hire." The possibilities are limited only by your
imagination.
Barter
Before there was money, there was bartering, the direct exchange of
goods and services. You might not have money for marketing, but you
do have something to trade: your business.
Call your local radio stations and offer free gifts,
appointments, coupons—whatever you've got and can
afford—to be used as prizes in their promotional draws or
contests. In exchange, you get to include your business name and
contact information on all these products, and they make periodic
announcements on the air that sing praises of your
contributions.
You can also barter with other small businesses in your area.
Are you an information broker, plumber, candlestick maker? Find a
copywriter, Web site designer or desktop publisher and offer to
trade your services for professionally written ad copy and polished
Web sites and brochures.
Give Away Tips (and Your
Name)
Name recognition: that's what those giant billboard ads and
full-color magazine spreads are trying to build. Name recognition
sells because people fall back on the things that are familiar.
You, too, can cash in on this tendency—and spend nothing more
than your time and photocopying costs.
Start by writing a short article that offers a set of tips
related to your business. Remember, on this topic, you're the
expert. Pick a catchy title that promises secrets, numbers and
reasons ("Become your own boss in five easy steps,"
"Three things to try when your computer dies" and "7
mortgage mistakes to avoid," for example). Don't overtly
sell your business, though you can make references to it. Many
people who never read ads will read an article, especially one that
promises a tangible benefit.
Format the article so you can fold it into a convenient shape
for mailing or handing out. Include contact information and a clear
but brief description of your business where they're visible
but not obtrusive. Hand out the "free tips" at networking
events, send them to relatives and friends, and post them on
bulletin boards in coffee shops, Laundromats, public libraries and
malls. Offer them free from your Web site if you have one.
Ask compatible local businesses to keep a stack of them as a
service to customers. "10 things to look for in a good pet
sitter" would probably be welcomed at your vet's office,
"Beat stress through aromatherapy" at a natural products
store. And the next time someone is going on holiday in Europe or
runs into a stressful spell, your pet-sitting or aromatherapy
massage business will be first in line for consideration.
Stand
United
| | LEARN
MORE What are you trying to achieve with your sales
and marketing? You need to set some goals. |
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This is probably the most effective and least-utilized way you
can get more business fast: Join forces with other entrepreneurs
who run businesses complementary to yours. If you're a
copywriter, seek out a graphic designer and a printer. Interior
designers can team up with house painters and custom furniture
makers, resume writers with employment consultants.
Market your services jointly, and refer your clients to each
other. Offer coupons that offer discounts to each others'
services. Not only do you get many times the exposure you'd get
if you were marketing alone, but you'll also attract extra
customers who want the convenience of one-stop shopping for all
their needs.
Say you're a photographer who specializes in wedding
pictures. If you can get just one bridal store to recommend you to
its customers, you've done the equivalent of advertising
yourself to the dozens or hundreds of people who shop there every
week.
Make it convenient for your host store to recommend you to its
customers. Run off simple, persuasive leaflets that describe your
service, a big glossy photograph of your product for permanent
display (alongside business cards for people to take away), or
coupons that offer special discounts. Then start approaching local
businesses whose clientele might also be interested in what you
sell.
"Would You Like Fries
With That?"
This simple question rakes in so much extra profit for
McDonald's, employees probably have it sewn into their shirt
collars. There's a lesson in this for you: Don't be so
focused on getting new business that you neglect your most
promising and potentially profitable market—your past and
current customers.
After a sale, always offer clients companion products or
additional services at a discount—if they buy now. If your
business has built-in repeat potential (pet grooming, accounting or
carpet cleaning, to name a few), drop a regular postcard or phone
call to solicit another appointment with past customers.
There's a good chance that they'll become regulars who then
recommend you to people they know.
Even if your business offers a one-time service, ask your
clients' permission to retain contact with them. Then send them
an e-mail announcing a new and improved product, a holiday special
or a discount for anyone they refer to you. Think how much more
successful this would be than to start over with folks who've
never even heard of you.
| | NEXT STEP Searching for some more creative marketing
ideas? Search no more: - Small Business
Now: a large site devoted to marketing, with free quizzes,
a collection of more than 50 articles, numerous links and
more
- BusinessTown.Com: a large index of business
articles, with separate sections for marketing and
advertising
- "Stand-by space": If you
think newspaper ads could work for you but you can't afford the
rates, ask your paper if it will hold your ad until they have
unsold space left. This usually gets you a discount of two-thirds
or more.
- E-mail marketing programs: If you
like the direct-mail approach but can't afford the postage and
printing costs, consider e-mail marketing. Entrepreneur.com's
SmallBizMailer
tool will help you put together an e-mail marketing campaign
starting at $12.95 a month for 5,000 e-mail messages.
- Niche newsletters: The circulation
might be small, but if you pick a niche that fits your business,
you'll pull lots of leads for ads that cost a tiny fraction of
what a general publication charges.
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Isabella Trebond is
a freelance copywriter and entrepreneur who specializes in
small-business promotion and image consulting. She enjoys running
advertising response studies in her spare time and uses the results
to craft sales letters that get measurable results. She also has a
couture business that she started with a $10 outlay for
marketing.
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