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Building a robust marketing strategy that converts your audience into paying customers is a significant challenge for small business owners. The script is all too familiar. You recognize the importance of marketing, but you lack the expertise to execute it yourself, the dedicated resource in-house to create it for you, and the budget to spend on outside experts. However, your small business can grow and succeed with the right strategies.
However, these needn’t be insurmountable obstacles in your journey to crafting the perfect marketing campaign that builds your audience and converts them into customers who keep returning for more. Whether through automated email marketing campaigns or blistering social media content, creating a powerful marketing strategy is easier than you think.
This article, the first in a series of ongoing pieces to help you understand how to build effective marketing strategies, will discuss the importance of a solid foundation for your campaigns.
We’ll cover how to understand your target audience, define your marketing goals, and create campaigns that resonate with your audience to convert them into customers, brand advocates, and ambassadors over time.
What comes to mind when you think of a small business? Perhaps it’s the friendly neighborhood florist, the coffee shop you pop into on your way to work, or that high-end boutique with outfits for every formal occasion. Behind each local success story lies a single element that keeps them going: marketing.
With social media playing such an all-encompassing role in life today for people of all ages, it can be tempting to think of marketing as all flashy viral video content and many thousands of likes. The truth is that successful marketing is so much more than that. The trick is to connect with your local community in ways that engage individually. Make your small business relatable to the thousands of people in your local community.
Whether playing on the rich aroma of blooms and colorful arrangements for every conceivable occasion in your florist or the welcoming hum of chatter and friendly focal point of your local coffee shop, employing a personal touch is good marketing in action. By building relationships, you begin to create a loyal clientele.
Indeed, small businesses are competing in increasingly crowded marketplaces. Not only are they trying to stand out from other small, independent companies, but in some cases, they also have to take on big chains. Take the example of coffee shops again, where Costa, Starbucks, and others, with multi-national support and monumental marketing budgets and teams behind them, are often people’s immediate go-to places.
Small businesses have limited marketing budgets, expertise, and resources to put into their marketing, meaning it’s more important to be strategic. This means targeting their ideal customers and focusing on encouraging them through the door. Whether through word-of-mouth, loyalty programs, holding local events, or being part of local social media groups, each time a small business interacts with its audience, it’s an opportunity to make itself stand out.
In addition, a sound marketing strategy can help small businesses adapt and grow. By observing trends and discovering what is and isn’t working, they can continue to concentrate on successes and tweak their approaches elsewhere.
Understanding why marketing is so crucial for small businesses is crystal clear. What can small businesses do to improve their marketing campaigns to convert their audience into customers, and how can this be achieved?
Quite simply, the easiest way to engage with your customers is to give them what they want. To achieve this, you have to know your audience and find out what makes them tick. What are they looking for? How can you entice them through your door instead of your competitor’s half a mile down the road?
As a small business owner, taking time to understand your ideal customer allows you to focus on meeting their needs. This involves market research to find your perfect customer. However, that doesn’t mean you need to embark on a cold-calling campaign or stand outside your business with a clipboard and pen to stop people in the street. Instead, think about employing these strategies to get to know your audience and discover what they want.
Begin by observing your customers, especially those returning to you. See who they are and what they do. If you (ethically!) hear some of their conversations, what do they talk about? What problems do they face, and are there any that you can provide solutions to?
Keep notes, as these can help you form your strategies further down the line.
If you’re a small business owner, you’ll be trying to do market research on a shoestring. Thankfully, there are many ways you can do it yourself without taking up hours of your own time or requiring your customers to take hours out of their day to respond.
You can create a quick online survey using tools like Survey Monkey or Google Forms. These sites allow you to learn what your audience wants and needs, helping you find ways to engage with them through your marketing strategies.
If you run a face-to-face business, you can hide these surveys behind a QR code that customers can scan on the go. Alternatively, you can place them on social media posts, emails, flyers, posters, and business cards.
Keep your surveys short and sweet. Aim for between five and ten questions. Why not offer an incentive, such as a one-time discount code, to encourage participation? Not only does that increase response rates, but it also increases your clientele.
Social media is a goldmine of insights into what customers seek. Social media listening tools can track mentions of your brand or competitors within your industry to help you understand the kind of language customers are using.
In addition, they help you understand the topics they care about, uncover trending keywords, and gain a fuller understanding of your ideal customer. These insights are essential in crafting compelling campaigns that engage and convert people into paying customers.
Engaging your customers in conversation remains one of the best ways to learn more about them. Take time to speak to them, whether over coffee or perhaps on a video call, to learn more about their experiences.
Find out what first attracted them to your brand. What do they like? What pain points do they have? What would they want to see and experience?
These candid chats offer the chance to discover deeper insights that a survey or short-form social media tracking misses. You can ask follow-up questions and scratch beneath the surface to help inform your marketing and customer service strategies. In addition, those customers you speak to will feel engaged with and listened to and begin to act as ambassadors for your business through word-of-mouth with their friends, family, and associates.
Once you’ve gathered this valuable information, it’s time to use it. Understanding who those people who have engaged with your market research are will help you form a picture of who your target audience should be.
Imagine you’re creating character profiles for a book. It can help to sketch a character outline of the two or three most likely people to buy from you so you can visualize who they are, what they do, what their goals are, what their pain points are, what they value and most importantly, what you can help them with.
For example, you might have a busy parent who combines childcare with a part-time job and does the school run twice daily. Or the careerist who always runs to and from the station early in the morning or late in the evening but has plenty of time and a disposable income during the weekend.
Creating these ideal customer avatars helps you understand who you’re talking to as you build your marketing campaigns.
Now that you’ve created those customer avatars and know the two or three ideal people you’re targeting with your marketing, it’s time to define success.
At first, this can feel like a hugely overwhelming question. However, by breaking things down to their fundamentals, you can set goals and begin to track progress against them with metrics that help you understand whether your marketing campaigns are proving successful.
What is your business vision? Think about what you want to achieve in the next 12 months. What matters most to your business? Of course, all business owners want to increase sales, profitability, and revenue, but this step is about understanding the steps required to achieve those top-line goals.
All of these objectives ultimately boost sales and increase revenue, yet each one is specific and, more importantly, measurable.
You may have heard of the acronym SMART in relation to goal setting. It stands for:
All of your marketing goals should be tied to SMART. Let’s take reviewing an email marketing strategy as an example.
When do you want to achieve the goal? Always set a deadline to keep you focused on your efforts. This could be a month, a quarter, over six months, or a year. It’s entirely up to you. In this case, email marketing calls to action should be measured over a shorter timeframe to assess the immediate impact of the campaign.
By having measurable KPIs in place, you can track the success of your marketing campaigns against your SMART goals. Regular performance reviews against your KPIs are essential to retaining focus and ensuring you make any required adjustments along the way.
There’s no escaping it: implementing your marketing strategies costs money. Whether it’s paying someone to create an engaging email funnel or implementing a paid social media ad campaign, you will need to allocate a budget to marketing activities.
Of course, you don’t want to throw money into a black hole, so tracking how much new business your campaigns create helps you understand your ROI.
Let’s say your small business employed someone to create and distribute an email marketing strategy to raise awareness of your brand to a segmented mailing list that you’ve managed to capture over time. You pay that individual $500 for 10 hours, meaning your investment is $500.
Within the email funnel are links to your website and an exclusive discount code for people ordering within the next two weeks. Tracking the number of orders and revenue created with that discount code allows you to calculate your ROI.
So, if your email campaign brought in $5,000 of new orders using this discount code, your ROI would be 900% – not bad for an initial $500 investment!
You know your ideal customer and the goals you want to achieve. Now, it’s time to get creative and create compelling campaigns that convert.
While creating marketing campaigns is an art form, it’s also driven by science. The creativity is driven by cold, hard strategy. Let’s look at the main constituent parts.
Your message is everything in your campaign. It’s what grabs your audience’s attention, provokes an emotional response and drives them to take the next step. It should be compelling and engage your audience, piquing their curiosity and helping them understand how your business can enhance their lives.
Keep your language simple. Don’t be tempted to include industry jargon or acronyms. Speak to your audience in a language they’ll understand and respond to.
Focus on articulating the benefits your company’s products and services can bring. How will engaging with your business improve their lives? Don’t get bogged down in discussing your product’s features and what it does.
Storytelling works. Create a compelling narrative that resonates with your audience’s aspirations, goals, and experiences. Explain how you can ease their pressure points and what they can expect after using your products and services.
Finally, speak authentically, embodying who you are and the values your business holds dear. In short, say what you mean and mean what you say.
Standing out in a world of saturated media content where attention spans are waning, and thumbs continually scroll isn’t easy, or email inboxes are overcrowded with unwanted junk mail.
However, creating eye-catching content that captures the audience's attention is easier than you might think.
Embrace the use of white space. The old saying “less is more” rings true here. Give your content space to breathe and allow your messaging to stand out.
Use contrasting color palettes to emphasize the critical elements of your content. Don’t overload your audience with too many bright colors; don’t be afraid to use subtle tones, which are as eye-catching as bright, vibrant hues.
Finally, choose fonts that attract attention. Of course, you want your audience to read what you have to say, but adding personality is a good thing. If there’s a font that speaks for your business, don’t be afraid to use it. It could be the difference between someone passing your message and taking the time to read and engage with it.
Don’t be afraid to test different messages with your audience. A/B testing to discover your ideal customer’s preferences is a brilliant way to nail your message and build your brand identity.
The call to action (CTA) can often be overlooked when creating marketing content, yet it’s arguably the most critical part. After spending time identifying your ideal customer and defining your definition of success, make it easy for them to engage with your business and take the next steps.
If your audience is viewing your content, you’ve already managed the hard part, getting them interested. Your CTA is the bridge that allows them to act and engage more fully with your business.
Use persuasive, action-oriented language such as "Join," "Start," and "Get" to make it impossible for them to resist. Don’t fall into the trap of using boring language; be creative.
For example, don’t say, “Sign up for your free trial today.” Instead, say, “Unlock the exciting potential benefits of [product] today with your free seven-day trial.”
Create a sense of urgency by offering time-limited deals and exclusive deals. Don’t be afraid to build FOMO within your audience to make them feel they’ll miss out if they fail to act now. In addition, add an email signup form to your marketing content to make it easy for your audience to stay in touch with updates and exclusive offers.
Use multiple calls to action, particularly through email marketing calls to action and blog posts, so that your audience can act as soon as possible without having to read the rest of your messaging.
Finally, make your call to action stand out. Use contrasting colors and ensure it links directly to a relevant part of your website. That could be a sign-up page, a voucher download page, or a product page.
Marketing as a small business owner is an ongoing process. Whether your first attempts capture the attention of your chosen audience or dramatically bomb, you’ll need to tweak and iterate.
Gathering data and analytics helps you understand what is and isn’t working. Tweak and iterate your campaigns based on these results and do more of what succeeds while amending what doesn’t.
Building a robust marketing strategy that converts for your small business can take time. However, by understanding your customer's desires, needs, and pain points and defining what success looks like to your business, creating the right content that builds your clientele, revenue, and sales will set you on the right path to marketing success.
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