Why Would Your (Small) Business Want to Focus on Marketing?
Updated: Apr 16, 2020
Why would your small business need to spend your valuable time and money on marketing? Besides, things like branding should take care of themselves, right? Actually, marketing is essential to your business plan and can be the deciding factor in whether or not your business becomes successful.
They won’t buy it if they don’t know about it!
Marketing is the spreading of ideas. Your product or service could be exactly what your target consumers want… But they won’t buy it if they don’t know about it. No matter how perfect your product or service may be, consumers will not consume it until they are made aware of not only its presence in the market, but also how your product could improve their lives. Therefore, you need to make this information available to them, even if they aren’t looking for it.
Small businesses particularly depend on certain aspects of marketing, considering that both their reach and their budget is not as great as those of larger businesses. By using marketing strategies like social media, small businesses can extend their reach to consumers at a very low cost. Through postcard mailings, brochures, and posters, a small business can strategically target consumers that are more likely to be interested in their product, allowing them to reach more of the right people for a lower price.
Therefore, marketing is an affordable and essential aspect of any business strategy. Without marketing, your customer won't be aware of what you can offer them and everything that you've sacrificed for your business will go to waste. Don't let that happen, make your customers aware that you're here and you can help!