Notes from the Journey of the Radio 702 / Cape Talk Money Show R1000 ($100) Business Startup Challenge
How I made a Profit in just 6 Weeks and How You Can Too
Tips for Micro-business Entrepreneurs

Tuesday, October 30, 2012

Common Sense Marketing Ideas

Marketing tips: methods that seem to work for Beautiful Bracelets:

  1. Email your database of friends, giving them a brief outline of what you are doing and how they might get involved to assist your new business idea, with links to your website/Facebook Page and suggest they might be interested to purchase one of your products (Beautiful Bracelets work well as gifts for Birthday/Christmas).
  2. Design a Beautiful Website that sells your product and solves a problem (Beautiful Bracelets - the perfect Christmas Gift - for those who wonder what to get this time!)
  3. Use all your Social Networks (Facebook, Twitter, etc). Connect with all your "friends" and ask them to also share your product "Page" with their friends too. Yesterday, a Beautiful Bracelet was purchased online by someone in Durban who is friends with a friend of mine in China and noticed "Beautiful Bracelets" on their Facebook Page! Don't underestimate the power of Social Media!
  4. Blogging creates awareness of the product: create interesting topics that draw people to your online website. Another "selling" opportunity here.
  5. Build in-person relationships with friends/partners who are already established: you never know who they may refer you to down the line!
  6. Don't over promise and under-deliver: Only market features you currently have. I would like to extend the Accessories Range available, but for the sake of this 6 week project, it works better to maintain a low cost-input ratio rather than expanding the range of products available (necklaces, earrings, scarfs, etc).
  7. Keep your marketing costs low by using friendship marketing, (free) press releases, and maximise every opportunity for publicity.
  8. Use the power of Word-of-Mouth.
  9. Be willing to spend money to make money.
  10. Use all the free tools you can find (free website, social media, free advertising etc).
  11. Get new business every day. This is crucial for a start up. Don't waste all your time on admin tasks instead of focusing on the marketing aspects.
  12. Target your niche market.
Marketing a new business should be a priority for any new business owner. Your business idea can succeed or fail depending on whether you master this or not!

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