{"id":18068,"date":"2019-06-26T18:30:19","date_gmt":"2019-06-26T18:30:19","guid":{"rendered":"https:\/\/www.conachmarketing.com\/?p=18068"},"modified":"2019-06-26T18:30:27","modified_gmt":"2019-06-26T18:30:27","slug":"small-business-marketing-budget","status":"publish","type":"post","link":"https:\/\/www.conachmarketing.com\/index.php\/2019\/06\/26\/small-business-marketing-budget\/","title":{"rendered":"Marketing on a shoestring small business marketing budget"},"content":{"rendered":"\n

The most common issue that most small business face is the small business marketing budget. Even though small business or new start-ups have small budgets it doesn\u2019t mean they don\u2019t have big goals. When cash flow is low, the first cut in the small business marketing<\/a> budget is usually marketing. Well, let me tell you that will do your business more harm than good. Marketing is essential for the growth of any business, reducing or stopping it will dig a hole so deep that may be impossible for your company to dig out. <\/p>\n\n\n\n

Because<\/g> we are an agency that specializes in working with small B2B clients, we know something about stretching restrictive marketing budgets. The following are some marketing cost-effective and affordable methods suitable for small businesses with budget constraints.<\/p>\n\n\n\n

Collaborate<\/strong><\/h4>\n\n\n\n

Collaboration is an effective and tested method for efficient to stretch a small<\/g> business marketing budget. First, find a group of businesses that are aligned with your product or services. Next, devise a plan to cross promote<\/g> your companies. As a result, you will gain more visibility with a wider audience and vice versa. <\/p>\n\n\n\n

Network<\/strong><\/h4>\n\n\n\n

Networking has been a traditional form of marketing since the beginning of time. Because it produces solid results, it is an essential way to build a business. With this in mind, you need to choose organizations that your potential customers would join. These organizations could be Chamber of Commerce, Associations, or Lead Groups. Keep in mind that sitting on boards is a great way to network while contributing to the group.<\/p>\n\n\n\n

\"\"
Making a small business marketing budget stretch and still be effective starts with asking these questions.<\/figcaption><\/figure><\/div>\n\n\n\n

Referrals\n<\/strong><\/h4>\n\n\n\n

Referrals are great for gaining new costumers, so seize the opportunity and ask for your customers to refer you. Even happy clients could need a reminder that you are looking for new business. Because of this, put a program in place to reach out to them periodically to ask for referrals. Most customers should be willing to fulfil<\/g> this request, but if more incentive is needed, consider a referral program that rewards customers if you get a new one from their recommendation.<\/p>\n\n\n\n

Promotions<\/strong><\/h4>\n\n\n\n

Business-to-business marketing\noften doesn\u2019t lend itself to discounts and coupons. For example, a manufacturer\nisn\u2019t unlikely to give 5000 free parts if you order 50,000 or contractor build\none office and get the second half off. However, there is a B2B marketing\nequivalent \u2013 the loyalty program.Loyalty\nprograms can provide customers that purchase large amounts or sign long term\ncontracts with discounts. By implementing this type of program, you show\ncustomers that they are being valued and creates retention.<\/p>\n\n\n\n

Prospecting<\/strong><\/h4>\n\n\n\n

Finally, there is the tried and\ntrue method of finding new business through prospecting calls. It might mean\nyou need to purchase a list, but if you can have someone in-house make the\ncalls, this will only cost you some employee time. Since we conduct prospecting\ncall campaigns for clients, I can attest to the results of this more\ntraditional method of lead generation.<\/p>\n\n\n\n

About\nthe Author<\/em><\/strong><\/h4>\n\n\n\n

Paul\nKowalski (or Pappy as he is called around the office) spent over two decades\nworking at other agencies before opening Conach Marketing Group in 2008. The\nearly part of his career was working with Fortune 500 clients at different\nagencies. However, working with smaller clients was his preference. This choice\nwas because of the impact on a client’s business growth and forming closer,\npersonal relationships.<\/em><\/p>\n\n\n\n

About\nConach<\/em><\/strong><\/h4>\n\n\n\n

When he was creating Conach, his goal was to bring those Fortune 500 strategies along with years of B2B marketing experience to small business marketing clients. As a result of focusing on business to business marketing, Conach specializes in construction marketing<\/a>, financial marketing<\/a>, and industrial marketing<\/a>. Even though we are in Mid-Michigan, Conach provides marketing services to clients across the country.<\/em><\/p>\n\n\n\n

For more information, visit conachmarketing.com<\/a> or contact us<\/a> or call 989.401.3202.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The most common issue that most small business face is the small business marketing budget. Even though small business or new start-ups have small budgets it doesn\u2019t mean they don\u2019t have big goals. When cash flow is low, the first cut in the small business marketing budget is usually marketing. Well, let me tell you […]<\/p>\n","protected":false},"author":2,"featured_media":18069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[460],"tags":[],"class_list":["post-18068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-business-marketing-blog"],"yoast_head":"\nSmall business marketing budget - Conach Marketing Group<\/title>\n<meta name=\"description\" content=\"small business marketing budget\" \/>\n<meta name=\"robots\" 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