Small Business Marketing

One of the toughest challenges of marketing is connecting the creative process to techniques that maximize the promotional results. Most smart, passionate small business owners know their businesses better than anyone, but they lack the specific knowledge to channel that energy into marketing success.

The Internet and Web 2.0 are bringing these savvy entrepreneurs all of the tools to execute a world-class marketing plan. Unfortunately, there is still that missing piece–knowledge.

Old school marketing firms and ad agencies are trapped in business models sustained by big retainers, long-term contracts, and little accountability. This is a recipe for good money chasing bad execution, in an economy that can’t afford it.

In contrast there are some emerging options, provided by more innovative marketing firms. Leveraging Internet tools, social marketing, and new mobile techniques these new marketing firms are specializing in strategy and expertise, leaving execution to their clients.

Here are a few hints to save you money and squeeze the most out of your marketing spend:

1. Find Experience

Look for firms with talent and proven experience. Survey their impact on the Internet. Ask associates for referrals and references. An effective Internet marketing firm should be easy to find.

2. Pay for Expertise, Not Execution

Chance are you are heavy on smart people, while light on marketing expertise and budget. So, find a marketing partner that will work with you to balance that mix. Look for specific how-to advice and guided strategy. Then do the heavy lifting yourself.

3. Look for A La Carte Services

Don’t pay for the whole marketing department when you just need a few targeted services. Look for coaching and expertise in copywriting, press releases, and campaign management, not managing your message or “communications.” You probably have better knowledge of your target market any way–and how to get their attention. Ask (and pay) for only what you need to get it done, and nothing more.

4. Discard Retainers for Pay-As-You-Go

Retainers are for multi-national, Fortune 50 companies. Pay only on performance, as you go. This more closely aligns a marketing partner with your goals and objectives, while minimizing your long-term risks.

5. Results are the Final Measure

Bottom-line sales and revenue producing results are the most important objectives of any business, but particularly a small or medium-sized business. This is why you may find great marketing firms willing to let you employee their expertise, while giving you the responsibility and savings for implementation and measurement. This assures that their services are credible and drives immediate value.

Find do-it-yourself marketing options for your next ad or marketing campaign. Hire expertise and retain execution and measurement. You get to lead the marketing charge, giving you more for you marketing dollar.

About the Author:
Learn More about Diego Norte at DiegoNorte.com