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WHAT SMALL BUSSINESS OWNERS SHOULD KNOW ABOUT MARKETING

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While marketing might not be something high on your list of things to get accomplished, don’t underestimate its importance. You cannot overemphasize the importance of marketing to your business success because the heart of your business success lies in its marketing. Marketing is the process of creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and the society at large. Without marketing a business may offer the best product or services in the industry but its potential customers may not be aware of it. For the business to obtain its objectives its product or services must be communicated to its potential customers. Here are few point that can help in your marketing process.
Do your research: Marketing involves the research stage. The research stage helps you know more on whom your target is, which is critically important. (Your target can’t be “everyone.”). The main point about the research stage of marketing is that you need to be very specific, the more specific you can be about just ‘who’ your customers/clients actually are, the more effective your marketing can be.

Make proper planning: It’s the planning part of the marketing process that helps you save money, effort, and time. This is where you determine your advertisement direction, including budget amount. For instance the Internet provides us with a means to reach just about anyone, cheaply and effectively. Websites, Mobile apps and social media accounts are extremely powerful when executed in the right way-they are an investment, not an expense.

Set Objectives: You need to set out what the business wants to achieve from its marketing activities. The marketing objectives need to be consistent with the overall aims and objectives of the business. Set your goals for your campaigns then you will have benchmark to compare in order to make possible and proper changes. The set objectives also provide an important focus for the marketing team if there are any.

Maintain brand awareness : Your marketing ultimate goal is to build, maintain and sustain your brand image. Maintaining your brand awareness helps to keep your customer loyal.

Differentiation : Create a marketing strategy that can help you gain competitive advantage. Differentiate your offering from the rest of your competition, you cannot win by copying your competition message, you can only win when you understand your competition message and come up with a different message.

Consistency: Be consistent with your message and image on all your marketing channels. When a consumer hears the same message in the same way at each point in time, it builds brand awareness thereby makes your brand recognizable, differentiating you from your competitors. It also ensures that anyone talking about your brand talks about it in the way you want it to be talked about.

You can learn more about the above from us at INCE Consulting Limited, it is our responsibility to be of immediate assistance to any Organization to advise them on how best to manage all their business issues with little or no disruption to their business operations.

Contact us at info@inceconsulting.com or +234 (0) 803 876 7883 to get expert help because we are the best business support service partner you can get.

Visit our website at www.inceconsulting.com for more information

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