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Thread: Tips for Online Marketing on a Tight Budget

  1. #1
    Join Date
    Nov 2009
    Posts
    76,596

    Default Tips for Online Marketing on a Tight Budget

    Know your market.
    Your marketing strategy will never be successful if you do not have a clearly defined audience. Before you spend a dime on marketing, figure out your target market first. Thereís no need to pay top dollar to hire a fancy market research firm. If you know your product, you should be able to figure out your market yourself. For example, who will be most interested in your product? Men or women? What is their age group? What are your customerís interests? What is their likely financial situation?

    Once you have a thorough profile of your customer, determining how and where to reach them is much easier. This step may take awhile, and thatís OK. If you start marketing before you have a clear customer profile though, you will likely be wasting your dollars in places that will never reach your customer. Just because Pinterest is growing rapidly, doesnít mean your audience is the one making it grow.

    Set and reset goals.
    Determine what you are looking to gain from online marketing. Increased awareness? Increased revenue? You will probably have multiple goals, but keep track of what they are so you can measure your success. When you reach your initial goals, set new goals so your company can continue to improve.

    Set a budget.
    Now that you know who your target market is and have set goals, plan your budget accordingly. The good thing about online marketing is that you can be successful even when on a tight budget. A lot of platforms are available at no charge. However, sticking solely with free forms of online marketing might not be the best strategy for your company. Carefully determine what outlets are most necessary for your product and be willing to spend some money to get results.

    Brand yourself.
    Set yourself apart from the competition. There are thousands of companies trying to sell products on the Internet. Thus, you need to make your brand unforgettable. This begins with your website. Your domain name should be your companyís name if at all possible. If there are other companies online with names similar to yours, you may even want to consider changing your name to one that will not be easily confused with another product. Acquiring a domain name has a fee involved, but using a hosting service is very affordable even for the smallest budgets.

    The way you want your brand to be viewed by customers is really up to you. But once you figure it out be consistent and stick with it. Having a professional website and a strong social media presence is important here, but you should also take the time to interact with potential customers and build relationships with them. The main cost involved in this step is just the man hours put into the process, which will drastically be reduced when youíve established your brand.

    Search engine optimization.
    When someone enters a search query into a search engine about something relevant to your company, obviously you want to be one of the first results displayed. So how do you make this happen? Essentially, you need to make your website more appealing to search engines. Do this by using keywords that are commonly searched, backlinking your site, customizing the headline and description, etc.

    SEO can admittedly be a complicated and time consuming process, however the time needs to be spent here to ensure your website is getting found. Your best bet is usually going to be spending a bit more of your budget and hiring the right people to do the proper research. At Ciplex, we stress the importance of not including keywords to simply rank your site, but using the terms your audience is looking for. That is what will get you the highest conversion rates.


    Keywords:market,marketing strategy,audience, dollar , fancy market research, product, Men ,women, customer, online marketing,company ,set goals, Internet, companyís name,website ,social media,Search engine optimization, search engine , Ciplex

  2. #2
    Join Date
    Jan 2013
    Posts
    65

    Default

    Marketing/Promoting is very important for any business...it gives the business a recognition.Online marketing is heeding its way in a faster pace when compared to traditional marketing.I think this is due to the increase usage of internet among people.Also this type of marketing is simple,cost effective, reach a larger crowd instantly and even the results can be traced back using tools.Internet marketing involves E-mail marketing,SEO,article/blog submission,rewards or discounts through their website,online advertisements etc.There are providers like XnYnZ.com where they provide this email marketing service,SEO techniques to improve the business.

  3. #3
    Join Date
    Apr 2016
    Posts
    59

    Default

    SEO could be the option for increasing your online market. Branding of a website can be done efficiently with proper digital marketing techniques and current algorithms of Google.

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