4 simple steps for developing a marketing strategy for your Small Business
It’s common to see many small business owners unintentionally ignore marketing, as in this digital age, a lot of SME’s interchange ‘marketing’ with ‘social media’ and ‘advertising’. This article aims to get small business owners to think about marketing holistically and systematically. Marketing is definitely not a few social media posts with a few Instagram ads here and there. You need to put in WORK! Running a small business without a strategy in place leads to confusing your customers with mixed messages, and worst of all, confusing yourself with a lack of direction. We’ve put together for you, some simple steps to developing a marketing strategy as a small business owner. Step 1: Take a step back Look at your entire business as it relates to your marketing strategy, plans, and campaigns as well as your competitors, your customers and your industry as a whole. Take the time to write (or type) things down, getting your thoughts out of your head allows you to see the bigger picture. Step 2: Plan ahead Lucky for you, here is a FREE template you can use ( because who doesn’t like freebies?) to develop your marketing strategy, which you can download and work through. Make sure you are as thorough as you can so you don’t get overwhelmed later on when it is time to execute your plans. When you answer these questions, it is time to think about how they will affect your marketing communication. Step 3: Communicate appropriately Your communication depends on your strategy (which you should have created using the template above). For example, if you provide a home service or you offer delivery services, your communication should play upon the element of convenience. If you do not have a permanent location and offer a nomadic experience, then your communication should play up the element of mystery. If your target customer does not have a car and uses public transportation, your location is key as it needs somewhere that is close to where your customer works/lives or you can consider a delivery service and cut down on your overheads. Your product, customer base, and price point will determine your tone of voice in your communication for example, if you are selling luxury high-end handbags to women over 40 years old, it is not advisable to use slang such as ‘slay’, ‘beat’ or extensively refer to popular culture as your customers are unlikely to relate. If you are selling a luxury product/service, your communication should be minimal, professional, impersonal and aesthetically pleasing. Make sure you are not partnering with brands that might dilute the luxury i.e. lower end brands or brands that cater to a completely different market in the same industry. If you are selling a product/service that is complementary to another e.g. if you are a makeup artist, your service complements or relies on makeup products and tools. Therefore, your communication can involve displaying makeup products or you can possibly collaborate with brands that offer the complementary product/service. Step 4: Stick to your plans Defining your USP (Unique Selling Point) and communicating effectively will allow you to play up your strengths and allow you to stay consistent and relevant in your consumers’ minds. You will be able to let your customers know exactly what problem your product/service solves and what gap it fills. Without actually writing down these points, you may be communicating something that you think is a strength but is actually your weakness in comparison to your competitors. Once your marketing strategy is in place, it becomes easier to develop your marketing plan for different instances, e.g. your launch, new product releases, and your seasonal campaigns. Go forth and strategize!
Your very first steps to becoming a CEO
Life doesn’t get better by chance but by change! We all know the job business goals aren’t the easiest feat to accomplish. We may feel as though we are simply just pawns in an older generation’s game of chess, but what we must learn is that it is truly about how you play the game. Being able to control your own fate will ultimately lead you to what you want. Here are some things to realize and ways that you can market yourself to others. [bctt tweet=” Enough Excuses. Build your Image. Life is a business and you are your own CEO!” username=”SheLeadsAfrica”] Be your own brand Be unique, create an image that identifies you and differentiates you from others. Over time, this image becomes associated with a level of credibility, quality, and satisfaction. Know how to sell the best version of yourself and position your image that will be favorable to all. Know yourself. Get feedback from others and learn as much as you can about how you come across. Then you can accurately target how you appear in a crowd and what you need to work. Stand Out From The Crowd Our differences are what make us unique. How we discipline our self is very important, and those who understand and practice the art of discipline can channel impulses into something of substance. Embrace Knowledge. A wise man once said knowledge is power, more powerful than physical strength There is no end to knowledge. There is no limit to what a person can learn. Even big problems can be solved if we have the knowledge of solving it. By knowledge, it opens us up to possibilities and you will learn to realize that those possibilities that once seemed so far away are actually attainable and endless. Be confident. Believe in yourself it boost, only when you believe it you can do it, When you truly believe you can create what you envision, when you’re not afraid of the obstacles, that confidence will automatically make you stand out from the rest.Love yourself. It has nothing to do with ego, but a confidence within you that elevates your relationships with everything else. You’ll stand out by being modest but happy with who you are. Try not to Fake it till you make it Never disconnect with who you truly are. It is easy to do things when you are your true self. Most people know when someone is being fake, even from a first impression. It’s almost like speaking to a person and even though they’re wide-eyed and smiley, you know they’re not listening to one damn thing you say or care about what you have to offer and instead are only thinking about their own personal benefits. Love yourself. It has nothing to do with ego, but a confidence within you that elevates your relationships with everything else. You’ll stand out by being modest but happy with who you are. Cultivate emotional intelligence. A lot of smart people don’t know how to manage their emotions or relate well to others. Emotional intelligence attracts people who are looking to connect with someone who has their act together and who’s competent and capable.to work toward a deep understanding and hear what’s being said beyond the words. You will stand out in any situation if you become a person who listens from the heart. Take A Chance Often, we know what it is we want to do, but we still don’t do it. Why? We are innately risk averse and afraid of putting our vulnerability on the line. Risk-taking is the ultimate way that marketer achieves success. Products go through a life cycle and that first innovation stage is important and involves risk-taking. Be prepared. When an opportunity turns up, the person who is ready and able to be part whatever needs to happen will always stand out. Got a story or an article to share with us? Share your story with us here.
You vs Them: Staying relevant in the dawn of rising business competition
[bctt tweet=”Never, ever, lose sight of your business game because of the competition” username=”SheLeadsAfrica”] Competition is everywhere. These days, everything is basically a competition in business, from online DIY blogs and vlogs giving clients all the information for the same services you render to the new enemy in the block rendering the exact same services or product your offer. On the bright side however, competition can be healthy for your business and customers too (they literally pray for it). Every customer loves to have a wide range of options and the universe is big enough to accommodate you and a million others to do business. So rather than putting all your energy in prayers for your competitor(sss) to fold up pretty soon, it’ll be much better for you to start pouring all that energy into keeping your business relevant and on top the lighthouse, and here’s how: First things first, avoiding irrelevance is the first major step to take in staying relevant So at every point, always halt and ask yourself (with or without the competition) if your business is still relevant. You should also ask if your relevance is slowly fading out. This helps you understand and reinvent your business better to fit the changing times. Keep your eyes on the game: Never let your competitors get you all jerky and stuff. Stay focused on your business, consolidate on your strengths, and work on strengthening your weaknesses. Think about: What you can be doing to ace up your product and service How to top up your customer service (veryyy key) How to improve on your quality and business value How to expand and reach more markets and more people Build integrity for your business and keep it that way. Say what you have and offer what you can give, this will keep your customers coming back to you even after checking out a new competition. Never, ever, lose sight of your game because of the competition. Do a Lil’ Checking Out: Eyes on your game all right, but a lil’ spying never hurt anybody. Take a moment to check out your competitors, do some quick research, find out all you can about them especially their greatest strength and weakness. Leverage on their weakness and see what you can do about their strength. However, don’t panic and copycat the enemy in desperation. Don’t go slashing your prices when you clearly don’t need to, because your competitor has done so. Do Not Be The Last To Trend: Time waits for no one and so does technology. Whether it’s a start-up or full grown business, don’t stay sleeping on your achievements and get left behind. Be innovative, research on the latest technology, (and the ones to come) and constantly build your brand to fit in before you walk into a Kodak moment. This also involves understanding that diverse locations have diverse customer needs. Know your customers and know what is in trend for them, like if they more concerned about service or quality, or price. Spice Up Your Marketing Strategy: Constantly make an effort to spice up your marketing strategy. It could be with a re-branded logo or a new tag line, loyalty discounts and promotions on your services and products, collaborating with other products or services related to yours, anything to customizing your bottle with individual consumers’ names (we know who did this one). #MotherlandMogul key word: Keep it spiced up, don’t hang on stale strategy (even if it was once a major hit). Take Care Of Your In-House: Treat your employees great and make them understand the goal, cause employees can make or mar your business, sista. You don’t want your employees telling your clients (through words or actions) why patronizing your competitor might be a better idea. We know the competition can be fierce sista, but so are you. So, put on some stilettos, and get to work; today is for good business *raises glass*