Small Business Internet Marketing

Julie Weishaar | Jan 27, 10 | 249 Views | Topics: Business

Small Business Internet Marketing Does Not Mean Throwing Successful Babies out With the Bathwater

What on earth does this mean?

It means that just because the rest of the world is on the Internet promoting their brands, it doesn’t mean they aren’t or shouldn’t be continuing to utilize traditional offline marketing strategies that are working. With all the hoopla about SEO, Facebook, Youtube, Twitter and the tons of other social networking sites, small business owners might be led to believe that they have to do a total about-face in their marketing efforts and jump into the Internet with both feet without looking back. Instead, they need to analyze, evaluate and strategize.

First small business owners need to take stock of what their current marketing initiatives are and analyze their success rate. Are your current programs attracting qualified leads? If something is working, keep doing it – even if it is not on the Internet. For instance, if attending or participating in trade show events results in valuable and qualified leads for your company – then trade shows are a viable marketing initiative that you should continue. In addition, you should be analyzing your competition. What are they doing that is working? You want to do what they are doing – only you want to do it better.

Next you need to look at all your current marketing efforts and evaluate how effective they are in terms of return on investment. Using the trade show example, attending a trade show is usually far less expensive than exhibiting at the same show (unless the show is out of town and you are bringing many employees. Then of course you have travel and accommodation expenses). But if having a booth attracts enough qualified leads (“enough” can only be determined by the business owner) that convert to sales, then the expense is worth the effort and exhibiting at the successful trade shows should be included as part of your overall integrated marketing strategy.

The last step is to strategize or plan. This is not a final step because your marketing strategy should be dynamic in order to remain competitive and keep up with the ever-changing market and latest technologies. Without a clear and concise marketing plan, the small business owner can literally get lost on the Internet scrambling to try to find out where to put the most effort.

2 Comments


  • Bryan Todd | Jan 31, 2010 07:58 PM

    This is a double quagmire, but I see that internet marketing has exploded bigtime. The problem with this is there are so many choices of marketing to choose from and it takes time to find the right technique to use. I am backing you up on continuing with marketing that you know works for a business. Still explore some though. The world is ever changing and here is a trick I have found to work, follow the big dogs. They pay a lot of money for marketing so if the big companies are throwing tons of money at a certain technique, check out what they are doing. Its frustrating, thats for sure!!!

  • Julie Weishaar | Jan 31, 2010 11:01 PM

    Hi Bryan. You are right in that the number of web marketing choices is certainly mind-boggling. Great idea to follow the big guys. I also advise small business owners to follow their competitors. Thanks for the comment.

Sorry, you must be signed in to submit a comment. Not a member yet? Click HERE to join!

Topics

Contributing


About the E.Factor

E.Factor was formed in 2007 by Roeland Reinders, Adrie Reinders, and Marion Freijsen - all highly skilled and well-connected entrepreneurs. "E.Factor" stands for "The Entrepreneur Factor" and represents a vibrant online community and virtual marketplace designed for entrepreneurs, by entrepreneurs. Read More.

Contact Us

Suite 828 James Flood Building, 870 Market Street, San Francisco, CA 94102

Send us an E-mail.

© 2010 - The E.Factor Patent Pending