Learn how to market your home-based business on a lean budget. Fast facts on guerrilla marketing to help new and current entrepreneurs grow their image and sales.
Odds are, if you have opened a home-based business, you are most likely selling a product or service. Hopefully you’ve also realized that the sales process begins with getting the word out about your firm. Even if you are a solopreneur without a support staff, you can market your firm with gusto by putting into play some creative guerrilla marketing initiatives.
Wisdom from the Head GuerrillaAccording to Jay Conrad Levinson, the marketing guru who coined the phrase (and wrote the book, Guerrilla Marketing) "guerrilla marketing is a body of unconventional ways of pursuing conventional goals. It is a proven method of achieving profits with minimum money."
In his Guerrilla Marketing Minute called Avoiding Advertising Mistakes, Levinson says that true guerrilla marketers know 25 reasons why advertising campaigns falter or fail, the top five being:
So what can this information do to help your home-based business?? LOTS!
Before you can appreciate the power of guerrilla marketing, you need to fully understand why marketing is so important to the fiscal health of your firm. Think of it this way: if no one knows who you are or what you are trying to sell, it will be difficult if not impossible to run a profitable business. So here is the first secret of running a lucrative business: marketing is what drives sales to your door. Any successful company understands the VALUE of marketing.
The second secret: really successful firms use several different kinds of mediums to engage their target markets (think direct mail, online advertising, radio, etc.).
Marketing Secret Number Three: Wildly successful organizations have taken the time to understand their respective end consumers. Think about it. If you haven’t done your homework on this one you’ll waste tons of time and money doing stuff that won’t work. If you understand WHO you are trying to reach and WHERE you can find them, you are leagues ahead of most of your competition. If you know this information you can then get the message right (where LOTS of newbies fail). You can also pick the perfect venues to engage, not lukewarm, but red hot prospects which are in the market to buy what you are selling! A slam dunk under any circumstances.
If you’ve got tons of money to fund your strategic marketing plan, click away at will. If you run a lean outfit, and want amazing results with minimal investment, read on. Here are the top three cost-effective guerrilla tactics you can use, to grow your sales.
So what are you waiting for? Get your guerrilla marketing engine going and start reaping the returns you want!