Boostrapping builds character. There are endless ways to finance your ideas, but there’s nothing like marketing a startup with a modest budget to encourage innovation. Limited funds give you an excuse to flex your creative muscle and truly share your vision with the world.
Don't rely on the same old banner ads and Google reviews. Instead, try these eight marketing strategies to place the spotlight on your business.
1. Share your central "why." :- “What do you do for a living?” This simple question is one you’re asked during almost every introduction. If you answer with a quick, “I’m an entrepreneur” (vague and a little diluted) or, “I run a small business” (makes people think of brick-and-mortar spots), you’re cheating yourself out of an opportunity to generate word-of-mouth marketing for your business.
Instead, develop a narrative that differentiates your company from others and sparks conversation. Does your startup support a certain cause with every sale? Say so. Did you come up with your business idea during a troubling life event? Mentioning it may inspire those around you.
Sharing your central “why,” as well as the story on how your startup came to be, will make your business more memorable to others. Plus, it will interest people more at parties.
2. Don’t just sell -- engage. :- As an entrepreneur, your instinct may push you to sell to everyone you meet. Though there’s nothing wrong with flaunting your brand now and then, it’s important to give your company relevance and participate in discussions that don’t quite revolve around your business.
With social media, it’s easy to engage your target demographic without looking like you’re just trying to advertise. Some businesses may leave encouraging comments on photos of people’s food; sports equipment retailers may “re-post” articles on a local high school basketball team’s recent win. Build brand trust by showing your support, whether of your community or your online following.
Next time someone’s looking for a product or service within your niche, they’ll remember your kindness and go to you. Sharing someone else’s content doesn’t necessarily mean losing your audience’s attention. You can use Start a Fire to create share-ready URLs that add branded badges to any Web page, so that when someone clicks on the links you post, they’ll see you there, along with more content that you recommend.
3. Carve a niche and build industry credibility:- Your startup’s shoestring budget can’t keep you from carving out its own niche. Assemble a culture around your business by offering an insider’s perspective to those on the outside. A blog can offer laymen the chance to understand your trade with a new perspective. A webinar or a podcast can help viewers (or listeners) feel like experts in your field. Speaking at an incubator, expo or niche event can put you in the role of the teacher and allow you to share your groundbreaking ideas with an immediate audience. The small business convention you attend every year is probably in need of a few more keynoters; why don’t you try speaking instead of observing?
Networking and sharing your expertise with others can help you prove your abilities to your community. A variety of people, from journalists to aspiring entrepreneurs, can help to create buzz around your business.
Try offering your expertise to small business newbies through forum sites like Quora, where thousands of aspiring entrepreneurs ask questions for pros to answer. You can also share your story by connecting with journalists online via Help a Reporter Out (HARO).
4. Help people discover your content. If your startup is fit for the twenty-first century, it maintains some sort of online presence. In fact, you may be satisfied with just a website, some social media pages, a blog, or even a pre-launch Web page. Just because your content is online, though, doesn’t mean it’s easily discoverable by your target audience.