Big business marketing for small business budgets
Article by Lyndon David
Perhaps long before Erin Brockovich busted the operations of the American west coast energy giant corporation Pacific Gas and Electric Company, known as PG&E, and people discovered the crookedness behind the operations of Enron, the world had woken up to the fact that big business need not always mean clean business. This was coupled with the internet revolution connecting people of the world faster than anything before. Home business was born. Today, it is an established form of profit-making, independent small business solution bringing smiles on the faces of millions around the world.
Be that as it may, many small business owners simply cannot get rid of the business dilemmas and trepidations that come with running any business, big or small. Small businesses, usually suffer from shortage of financial resources which can make business marketing ideas work as well for small businesses. Incredible as it may sound, big business marketing concepts are equally workable within small business budgets. Let us not forget, if we are talking about catering to the right customer at the right time with the right product at the right price ? marketing principles remain more or less same.
Here are some ideas on how to fit big business marketing for small business budgets:
Think big and think long term. Keep a marketing plan ready before you even attempt to spend a penny for marketing expenses. In stead of trying to achieve short term gains, get the big picture. This is the only way you can earn sustainable profits and not be happy with sudden flashes in the pan.
Everyone says that building trust is important if you want to survive and grow in the market. However, most small business owners seem to be more apologetic than proud for being ?small?. Get out of that inferiority complex and be honest about your commitment to the customer. Even when your product is not significantly different from your competitor, there is still a niche which can be located if you try to look deeper. Look at the thousand perfume, shoe, chocolate, ice cream, plus size clothes companies, where each one is going home with reasonable profits and growing every year. Ultimately it is you who could make a big difference in the eyes of your customer. Make your honesty and dedication show through your relationship with your customers. Remember all big companies were small some day, when they began.
Whatever happens, remain focused on your business objectives. A scattered approach takes no one anywhere. Mistakes are common and you can learn from every mistake. Even big companies make mistakes. If your marketing plan has been created keeping all the business variables in mind, chances are that you would make fewer mistakes. Remember the saying, when the going is tough, the tough gets going.
Spend your money wisely. Just because a marketing fad has hit the headline, does not mean that it is going to work for you too. Keep your customers? needs in mind and spend every penny to bring some benefit to them.
Author Bio: Read about me at http://www.asmallbusinessmarketingtool.com/
About the Author
Author Bio: Read about me at http://www.asmallbusinessmarketingtool.com/
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