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5 Tips for Marketing Your Start-Up Business

December 18, 2017

 

Planning an effective marketing strategy is an important part of getting a start-up business off the blocks. With an increased level of competition in the market, considering how you will tell customers about your product and how you will promote it to a targeted audience is key to driving sales. Marketing done right can boost a start-up business and ignite a spark for the future identify and reach of a new company.

 

Take a look at five tips on how marketing your start-up effectively can benefit your business.    

 

Create a brand identity

 

When creating the marketing strategy for a start-up, one of the most important things to consider is ‘what makes our brand different?’ This simple yet key element helps to build your brand identity. Considering the tone of voice, promotional targets and customer response assists in creating the foundations of the brand and offers a unique touch to your marketing efforts.

 

Traditional advertising

 

With the variety of marketing avenues available, it’s sometimes easy to forget about how effective traditional marketing can be. Traditional marketing is often in the form of print, broadcasting and telemarketing and each still offers a valuable resource dependant on your business niche. These options can be a costly outlay for a start-up but for businesses looking to target local markets with specialised products and services, this could prove an effective sales driver. 

 

Think outside the box

 

Start-up businesses have several options when trying to capture the attention of an audience. Aside from traditional marketing, there is a range of digital methods to consider. With a wealth of information at your fingertips, marketing campaigns via email, social media and video are just a few ways to incorporate a different tactic. These methods can also be used for pre-launch marketing, which helps to drum up interest before the service or product is available to buy.

 

Be social

 

Millions of people use social media, so getting yourself in front of this targeted audience is key. Start by creating identities on main social platforms such as Facebook and Twitter and begin to interact with potential customers. Advertising on these platforms is also an effective way to increase followers, target adverts and engage with a diverse customer base. You can also get direct feedback and give your brand a personable voice for improved customer relations.   

 

Ask a professional

 

Start-ups require a range of different skills to help them get off the ground and stay afloat, and as a small team you may not feel confident in specific areas of the business. Whether this is sales, marketing or finance, hiring the help of a professional can give you that much needed resource during crucial times. Marketing experts can assist in developing effective strategies whilst providing an extensive audit of the current processes and suggest any improvements. Don’t be afraid to ask for help in the initial stages of your business, as this expert knowledge could help steer your start-up to success. 

 

At RBF we believe ‘new starts’ are not  only vital to tomorrow’s economy but also rejuvenating & challenging industries bringing innovation and creativity - an ethos we live by and share your passion....

 

Contact us and see how we may tailor a financial solution to Work and Grow with your evolution

 

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