Top 10 Cost-Effective Marketing Strategies That Your Business Should Use

Top 10 Cost-Effective Marketing Strategies That Your Business Should Use

When it comes to getting your business to reach out to new potential customers, there is no doubt that it can be quite a challenge sometimes. And besides, it might end up drilling a big hole in your pocket. However, all the changes that have been going on in the world of social media and digital marketing have made the task of marketing your business much easier, as well as much cheaper. That being said, here are 10 of the most cost-effective marketing strategies that your business should use!

1. Search Engine Optimization

The benefits of Search Engine Optimization are pretty much endless. Your content is much more credible when it appears on the first page of Google.

Cheap SEO services, are they worth it?

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2. Social Media Contents

As far as building your brand awareness, using your favorite social media platforms is one of the best ways to do it. This way, you might also be able to generate more leads in your target market. With this in mind, you should try and incorporate some sort of call to action into your social media posts.

3. Social Media Advertising

You don’t need to spend a fortune on social media ads to keep up with your competitors. With a small pay-per-click budget, you can reach thousands of people on a regular basis. The price of pay-per-click advertising can sometimes be as low as five bucks.

4. Online Local Business Directories

Is your business listed in at least one online local business directory? If it’s not, you should try and make this happen as soon as possible. Google My Business is one of the most important online local directories to get listed in.

Get the most out of Google My Business.

Read our complete Google My Business guide here.

 

5. Forums

Don’t stay in the shadows. Instead, join a discussion forum or two where people like to talk about products or services that resemble your own. By doing this, you spread the word about your expertise, and you increase your reputation.

6. Email Marketing

Due to the fact that millions – if not billions – are sent on a daily basis, email marketing remains one of the best methods that you can use to reach out to your target customers. If you have a good email marketing strategy in place, you can drive more traffic to your website.

7. Free Stuff

It is pretty safe to say that everyone loves free stuff, right? Use this to your advantage by offering free products to your customers. This is one of the best ways to capture more leads for your business.

Expand your free gift tactic even further by adding experience marketing in it!

Learn the complete guide of Experience Marketing here.

 

8. Community Events

Organizing community events is one of the most cost-effective methods that you can use when it comes to building your reputation. Take your time and plan out these events carefully to make sure that you don’t go overboard with your budget. You can also use your favorite social media platforms to promote your events.

9. Networking

There is no doubt that business opportunities that come from networking are pretty much invaluable. Don’t be afraid to reach out to other business owners and discuss your marketing strategy with them.

10. Referral Programs

You can use a referral program to offer a reward to your most loyal customers for referring other people to your business. With the right strategy, a referral program might be able to bring more customers to your business.

And there you have it! These are some of the most cost-effective marketing strategies that your business should use.

About Digital M

Digital M is a digital marketing agency specializing in Search Engine Optimization (SEO), Search Engine Marketing (SEM) and Social Media Marketing (SMM).

We also customize social media management plan to suit your business needs. Contact us today to learn how we can help you grow your customer base.

 

2020-03-05T16:19:16+08:00

About the Author:

My name is Wynn Zhou - SEO expert in Singapore, and I’m the founder & Director here at Digital M which provide digital marketing and SEO in Singapore. I’ll be getting my 10 years of digital marketing experience, I am personally focussed on getting your business to the top of Google so you can enjoy the growth of up to 295% year on year like my other clients.
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