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Welcome to Igneous Marketing the resource for SME's around the country. We will provide workable advice and tips on how to improve the marketing of your business

Wednesday 6 April 2011

10 SME Marketing Mistakes

10 Common Small Business Marketing Mistakes

If you’re a small business owner, you’ll usually have to wear a number of different hats during the day to day running of your business and it’s not easy to be an expert in many different areas.
Marketing your business effectively is critical to its short and long term success, so here we’ve identified 10 of the most common online marketing mistakes small businesses make.
  • Not identifying a target market
Before you do any marketing at all, it pays to have a clear idea of who your product or service is aimed at. When it comes to designing your website and writing the content for it, you need to appeal to the people you want to buy your product or service and connect with them.
  • Not doing enough research
If your small business is offering a new or innovative product or service, how do you know that people will either need it or want it? The time to find out is not when you’ve had a website designed and spent a fortune on Google Adwords with little or no return; it’s at the planning stage.
  • Building a poor quality DIY website
In 2009, almost £50 billion was spent on internet retail sales in the UK, so if you want a share of the online market, your website will need to be up to scratch. There’s fierce competition online in almost every market sector so a poor quality website that looks homemade will not do you any favours at all.
  • Communicating features rather than benefits
Confusing features and benefits when it comes to website copy is a very common mistake. Let’s say you were selling golf balls online, a feature could be that they have a titanium core but why would that interest the reader? The benefit would be that you can hit them longer distances which of course would appeal to most golfers.
  • Advertising once and giving up
It’s widely accepted that people often have to see an advert or brand name 6 or 7 times before they will act on it. So if you decide to advertise your business online via Pay per Click, it pays to run a campaign consistently rather than doing it once and deciding it’s the wrong way to market your business.
  • Copying your competitors
Whether you’re trying to compete at a local or national level, copying your competitors is never a good idea whether it’s having very similar content on your website or using the same words on your Pay per Click adverts. Be innovative, do something different and people will notice your business.
  • Focusing all your attention on getting new business
It’s all too easy as a small business to concentrate on gaining new customers and forgetting about your previous or existing ones. Email marketing is a cost effective way to communicate with your client base and help keep them as loyal customers.
  • Not advertising when you’re doing well
If you fail to market your business when things are going well then you will find it difficult to expand as well as potentially missing out on lucrative orders for the future. For example shutting down a successful Pay per Click campaign or deciding to stop emailing past customers doesn’t make good business sense.
  • Having separate online and offline messages
It’s important to treat your online and offline marketing as one overall strategy. Too many small businesses fall into the trap of not combining their marketing efforts and end up with a haphazard approach that’s confusing to customers.
  • Failing to measure your marketing results
If you don’t measure your marketing results, how will you know what marketing efforts are worth continuing with and what’s losing you money? A simple “How did you find us?” option on an online contact form or analysing your Pay per Click statistics regularly can help you measure your return on investment.

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