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How To Make The Most Of Your Online Marketing Budget

January 30, 2015Roger BryanInbound MarketingNo comments
Roger Bryan
Roger is the Founder at Enfusen. He was #40 on Entrepreneur Magazines Most Influential Digital Marketers in 2016. His past companies have made INC Magazines Fastest Growing Companies in 2011, 2012, & 2013.

With the cost of online marketing on the rise, it pays for a small business to exercise caution when it comes to meeting its inbound marketing needs. And aside from budgetary restraints there are additional reasons why a business would want to tread carefully as they strive to meet their marketing goals. Small businesses especially have to work harder to ensure that every penny they spend on their inbound marketing efforts yield the conversion results they are striving for. For these enterprises, failure is not an option and every decision must yield positive results.

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When it comes to online marketing, every business should understand that people are constantly searching for information. As an inbound marketing professional, you need to place your business right in the target area where people will be searching so they can find you. By providing your potential customer with valuable information at the precise time they are looking for a solution to a problem or a way to meet a need, you position your business for higher conversion rates. Offering a free online marketing blog with useful tips, suggestions, guidelines, and the like, earns their trust in you and increases the value of your business in their eyes. The giving away of free information builds up a strong foundation for your inbound marketing efforts. Make sure to focus on key words and phrases that these potential customers would be searching for.

Focus on Calls-to-Action

Even though your site may be very helpful to a potential customer, don’t be surprised if they’re not ready to make a purchase right away. For many, you need to establish an ongoing relationship before they buy. Build on your sharing strategy and as they see that the information you provide is reliable and trustworthy you’ll be able to gain their trust and they will be willing to make a purchase. In the meantime, you don’t want to lose touch with them, so your online marketing strategies must include some type of call-to-action step. Some businesses offer free newsletters or memberships in exchange for their contact information. This step costs the customer nothing but links them to you so that you can follow up on any interest that lands on your site. Once a potential customer has taken the call-to-action step an acknowledgment or a show of appreciation will go a long way in getting that customer back on your site the next time they have a need. Eventually, they will feel comfortable enough to go from interested party to customer.

Stay Within Your Budget

Online marketing strategies can take a bite out of a small business’ budget, but there are definite ways to get the results you are hoping for without breaking the bank. When setting your goals, developing your plans, and implementing them you always need to stay within the realm of reality. Inbound marketing can take many forms and the online marketing costs can run from a nominal cost to well out of reach. Make sure that whatever strategy you choose, it will fit within the confines of your online marketing budget.

Creating an effective online marketing plan takes dedication and patience. However, with the right time and patience you will find a method that will yield you the results you need to give your business a competitive edge on the World Wide Web.


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