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4 New Business Marketing Strategies To Drive Success
Are you looking for ways to level up your business marketing strategies? Discover the four tactics that can help you stay ahead of the competition and increase your ROI.
But don’t worry, we’ve got you covered. In this guide, we’ll share with you four proven and affordable marketing strategies that even beginners can use to thrive in competitive online markets.
By the time you finish reading, you’ll know exactly how to implement the right marketing strategy for your business and attract more customers.
But before we dive in, let’s clarify what a marketing strategy actually is (and what it isn’t).
At its core, a marketing strategy is a plan that helps you connect with potential customers, turning them into loyal buyers. It includes your brand’s value proposition, messaging, target customer demographics, and other key elements.
Your strategy should cover the four essential aspects of marketing: product, price, place, and promotion.
Ultimately, a good marketing strategy will help you communicate with your audience and stay ahead of your competitors.
However, there are a few common misconceptions to address.
First, a marketing strategy is not a one-time plan or an unethical approach. It requires continuous assessment, refinement, and optimization to be effective.
Second, a marketing strategy is not a one-time campaign or tactic. Posting a single tweet or putting up a billboard won’t cut it.
Third, a marketing strategy is not one-size-fits-all. It needs to be customized to fit your specific business needs, goals, and context.
Now that we’ve clarified what a marketing strategy is, let’s explore each of the four strategies that can help your business achieve sustainable growth, even if you’re just starting out.
Strategy #1: Email Marketing: Business Marketing Strategies
Email marketing is one of the most powerful tools in your marketing arsenal.
It allows you to establish direct contact with your subscribers and customers, giving you full control over your message and engagement.
Unlike social media, email marketing is cost-effective and helps you build personal relationships with your leads.
But remember, there’s a right way and a wrong way to do it. To ensure your efforts yield results, you need to plan your strategy before implementing it.
To help you get started, we’ve created a three-month roadmap to maximize the impact of your email marketing campaign.
Month 1: Setup, Research, and Initial Engagement
The key to successful marketing is careful planning and execution. Before you start, there are a few important steps you need to take:
Identify Your Target Audience: Research and define the core customer personas that you want to target.
Set Clear Goals: Establish measurable objectives to guide your marketing efforts.
Prepare Lead Magnets: Create incentives like ebooks, webinars, or challenges to attract subscribers to your email list.
Choose Tools & Landing Pages: Select tools and software, like ClickFunnels, to capture leads and design effective landing pages.
Setup Welcome Emails: Develop a series of welcome emails to build an initial connection with new subscribers.
By understanding your target audience and setting clear goals, you can ensure that every action you take brings you closer to success. Offering attractive lead magnets and using the right tools will help you attract subscribers and capture leads effortlessly. Don’t forget to have your welcome emails ready to go before launching your campaign.
To provide some inspiration, here are examples of lead magnets used by different businesses:
The 5 Day Lead Challenge offers free content and challenges to participants, along with two new list building software products.
The Traffic Secrets book is offered for free to help website owners and marketers drive more traffic to their sites and funnels.
If you have a SaaS business, simply offering a free trial can be enough to attract users. They can fully test the software for 14 days and see if it aligns with their goals. For email marketing, they can quickly start building campaigns using the intuitive drag-and-drop editor and choose from professionally designed landing pages to convert more traffic into subscribers.
If you’re in the planning stage of your email marketing campaign, consider saving time and energy by grabbing a free trial of ClickFunnels 2.0.
Once you’ve prepared your lead magnets, landing pages, welcome messages, and have clear goals, it’s time to launch and drive success in your business.
Month 2: Segment and connect with your audience
As you progress into the second phase of your email marketing campaign, it’s time to focus on understanding your audience and creating targeted content.
Segmenting your email list based on interests and behaviors allows you to deliver personalized messages that resonate with each subscriber. This will make your emails more effective and improve your overall content creation process.
Create a content calendar to streamline your content creation efforts for the next 1-2 months. By planning and scheduling your content in advance, you can ensure that each piece aligns with your audience’s preferences, ultimately increasing conversions.
Month 3: Boost engagement, drive sales, and refine your strategy
In the third month of your campaign, it’s time to shift your focus towards driving sales, improving efficiency, and refining your marketing strategy.
Launch a promotional campaign to increase sales by offering special deals. Use A/B testing to identify which offers perform better and optimize your conversions.
Implement automation sequences with tools like ClickFunnels to automate follow-up emails, making your campaigns more efficient and consistent for new subscribers.
Analyze key metrics such as opt-in rates, open rates, click-through rates, and unsubscribe rates to refine your strategy. By continuously monitoring these metrics, you can make necessary adjustments and achieve even better results in future campaigns.
By taking a month-to-month approach to your email marketing strategy, you’ll build a solid foundation that can scale as your business grows. Start implementing these strategies and watch your success soar.
Strategy #2: Unlock the Power of Referrals: Business Marketing Strategies
Imagine if your satisfied customers could bring in even more customers for you. Well, with a solid referral program in place, it’s totally possible!
Referrals are incredibly powerful because people trust recommendations from their loved ones. Plus, it doesn’t cost you anything extra.
When someone receives a referral, it feels personal. After all, their friends and family know them best and can tailor the recommendation to their specific needs.
There are so many ways to implement a referral program. You can incentivize existing customers with discounts or rewards. You can also offer affiliate programs to give your customers a commission for referring new people to your business.
Partnering with other businesses is another great way to drive referrals. For example, if you own a gym, teaming up with a local health food store for cross-promotion can bring in more customers.
Be creative when asking for referrals and make sure there’s something in it for the person referring customers to you.
Strategy #3: Harness the Power of Content: Business Marketing Strategies
Content marketing is a game-changer for businesses. It generates three times as many leads as other outbound strategies and costs way less.
Your content can be anything from blog posts to videos to product documentation. The key is to create valuable content that attracts, nurtures, and retains new customers.
By distributing your content online, you’ll drive fresh traffic to your business. More traffic means more email subscribers and potential customers.
For example, if someone searches for how to build a webinar funnel, they might stumble upon our blog post that breaks down the process and highlights our software.
This gives us the chance to showcase our expertise and convert them into new customers.
Don’t underestimate the power of content marketing in growing your business. It’s a cost-effective and impactful strategy you can’t afford to ignore.
Imagine clicking on a link that promises to teach you how to budget your money and being directed to an article that delivers great advice. Intrigued, you explore the website behind the article and discover a range of useful services they offer.
Now, whenever you need assistance in those areas, you’ll be inclined to return to their website, knowing they can help you solve other problems you might be facing.
Take a moment to think about the different businesses you’ve discovered through their helpful online content. It’s incredible how effective content marketing can be!
Now, let’s dive into the “3 C’s” of content marketing: content type, format, and angle.
The type of content you create, whether it’s blog posts, videos, or landing pages, should align with what your audience expects to see.
For instance, if you want to attract customers to your online fitness training programs, create videos that focus on workout routines they can use.
On the other hand, if your audience prefers to read reviews, opt for text-based content like blog posts or listicles.
Next, let’s talk about the content angle.
The angle is all about how you approach the topic, the emphasis you place on different aspects, and the idea you aim to convey. It gives your content a unique perspective and helps it stand out.
For example, when searching for breakfast recipes for students, the angle should be “easy.” Students are short on time, so offering them simple breakfast ideas will grab their attention and keep them reading.
In contrast, when searching for how to brew coffee, you’ll find a variety of methods and their benefits, rather than just easy ways to do it.
To make your content marketing highly effective, take the time to plan out the 3 C’s. And don’t forget to keep an eye on your competitors to ensure you’re matching or surpassing the content they create.
Strategy #4: Harness the Power of Social Media
Are you ready to capture more attention for your business? It’s time to leverage the power of social media marketing.
Social media platforms offer an incredibly effective way to increase your reach and distribute your content. With hundreds of millions of active daily users, you can tap into a massive audience of potential customers.
But social media is more than just expanding your reach. It’s about building brand awareness and loyalty. By sharing your content, people can help spread the word about your brand, extending your reach even further.
Take a look at how Sunsama is using Instagram to reach more people and drive traffic to their website. It’s a simple approach that has proven to be extremely effective time and time again.
But it’s not just about the numbers. Social media also provides an opportunity to interact with your audience in a casual and personal way. By actively listening to their feedback and taking action, you can increase the loyalty they feel for your brand.
For example, Ahrefs takes feedback directly from their audience and uses it to guide their users to specific support resources on their website.
To make social media marketing work for you, start by selecting the right platforms that align with your audience. Take a close look at your competition to see what’s working for them and how you can stand out.
Create a content plan that includes a mix of images, videos, and articles. Then, establish a content calendar and be consistent in your delivery.
To help you keep track of your progress, use a spreadsheet with columns like date, platform, content type, title/topic, and engagement metrics. This will make it easy to optimize your strategy and track your results.
Periodically review the results of your content marketing efforts to identify what’s working, what can be improved, and how you can better serve your audience.
Remember, consistency is key. Stick with these marketing strategies, and you’ll establish a solid footing in even the most competitive markets.
And as you implement these strategies, make sure you’re building on a platform that can grow and scale with you as your business flourishes.
Get ready for success with these 4 new business marketing strategies. Let’s make it happen!