Categories
Sales

Zero Dollar Marketing: 7 Easy Steps to your Ultimate Marketing Strategy

Being an entrepreneur is not that easy, but then who said life is all about getting things easily? When you are beginning to set up your business, the first thing that comes to your mind is to take your products to the right audience.

Marketing is a necessity for any business, especially for a start-up. But most people think about TV commercials, billboards, giant hoardings, or newspaper ads when they hear the word ‘marketing’.

Though these marketing mediums guarantee good results, it also requires large funds. But thanks to the digital revolution, with the right strategy, anyone can market their products and reach the right audience.


If you have a start-up and want to take your products to the right audience, but have no funds, here is the solution- Zero Dollar Marketing.

What is Zero Dollar Marketing?

As the name suggests, Zero dollar marketing is a marketing strategy that needs no or very minimum amount of money to market the products.

How does this strategy work?

The best way to yield optimized results is to apply zero dollar marketing strategy that aligns with your brand values and voice. This strategy works by using social media platforms and making a strategy according to the customer`s behavior.

Seven Steps to Zero Dollar Marketing

Here are seven simple steps in which you can apply this brilliant low-cost marketing strategy for your business:

  1. Brick-and-Mortar to Online- Whether you have a factory,  a retail shop, a warehouse, design handbags or paper bags, jewelry, or a grocery store, taking brick-and-mortar business online can help you to attract more customers.

Taking your business online will help you to stay connected with your customers 24×7 with the lowest operational cost. You can also monitor your buyer`s behavior and receive payments easily.

  1. Personality & Community of your customer- ‘Don`t find customers for your products, find products for your customer’. Research well about your customer`s interests, problems, requirements and then produce a product that will bring a positive and valuable experience in their lives.
  2. Create Viral Content- Content marketing is no longer a number game. Try to create content that is trending. Write content that is simple to understand and informative for your consumers. Try to engage with your consumers on your business profile.
  3. Landing page- A landing page is the landmark for your business profile, so create a page with a catchy, short, and crisp headline. Make it more appealing by using premium quality images.
  4. E-mail Funnel Marketing- Once you have gathered customer data, start doing e-mail funnel marketing to build a long-term relationship with your customers. Use creative subject lines and their names to personalize it.
  5. Increase your Marketing ROI- Use free marketing tools like Convertkit, SEM rush, Canva, and Google analytics tools to analyze and improve your ROI. Create a landing page, Instapage, and email automation to increase your marketing efficiency.
  6. Stick to low-cost Marketing Ideas- Bring innovation to the existing marketing ideas to stick to your budget. Focus on the target market, tech innovation, and strategic partnerships, and pay attention to retention.

Use testimonials to attract new customers and client appreciation programs to retain the existing ones.

The right marketing strategy can give desired results. Your marketing strategy does not require large funds. Today, all the big companies are using this strategy to connect with the right customer.

Want to know more about other impressive marketing strategies that will help you expand your business or are have you tried everything, but still not getting desired sales? Worry not! Our Problem Solving Course of marketing strategies.

To know more about it, click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

Categories
Marketing

Zero Dollar Marketing Strategies to Attain More Customers

Learn the Art of Zero Dollar Marketing to Get More Customers

In today’s digital India, social media has democratized marketing for everyone and zero dollar marketing techniques can be a boon for SMEs. It’s about your creativity, your understanding of the customer & innovative strategies that will get you more customers. Here are 7 strategies that will get the customers rolling!

1. Make a World-class Strategy at Minimum Cost

  • The basic premise is that the customer should be able to find you. You should not spend your energy in finding people and zero dollar marketing tools help you to achieve that
  • Design a website and that has a neat and clean home page, so that the customer can understand the messaging easily
  • The website should support a Call to action; this will help in engaging the customer.
  • Focus on the solution- Don’t waste your website space on product introduction and description. Maximize your messaging on the solution
  • Try and have all the navigation information on one page making it convenient for the customer to browse
  • Stick to need-based up-gradation of the website

You would need either a full-time resource or a vendor to fulfill these requirements. Look at minimizing the cost but increasing the scope of work here. And how can you minimize the cost- by using zero dollar marketing ideas!

  • Ask the technology vendor to come and explain how the technology works and how will it benefit you.
  • Call 4-5 vendors and understand what they teach you and then finally choose the best vendor for your company
  • This will help in minimizing your cost to set up your website or what we call as zero dollar marketing

2. Track the Pattern of your Customer’s  Buying Behaviour
 

Consumer behavior is key to an entrepreneur’s business and zero dollar marketing tools can help track this beahviour in a structured manner

  • To begin with you need to analyze the old buying behavior of the consumer
  • Understand the touch points, how is the customer reaching you?
  • What is your customer’s buying process and where is his pain point. Try and solve that buying process gap.
  • For e.g. If a customer would order multiple items from a restaurant, it would cost him Rs. 800, but if that restaurant owner gave him an option of a fixed thali with most of his likable items with a cost of Rs.600, immediately the customer would prefer to order the thali. This is how you can pull the consumer using zero dollar marketing
  • Take business decisions based on analytics & data and not based on perception. You can use the Google analytics tool for this
  • Check which pages on the website show high traffic and which pages show low traffic
  • Analyze for how much time you retain the customer on your webpage
  • What are the videos from your website that he is sharing on other social media platforms?
  • What is the bounce rate which means at what point does the customer move to another video or website

3. Anticipatory Content to gain Customer Attention

  • Anticipatory Content is that content which is authentic, relevant, and to the point. Don’t write big articles but use infographics, tabular representation instead. This just requires a little time and effort but is a powerful tool for zero dollar marketing
  • Make the content free and make sure it is not about your product features or promotions
  • For e.g. For a pathology lab, give the consumer content related to what tests are beneficial for him. For a restaurant owner, give content related to recipes & international food items. Interesting content makes for good zero dollar marketing.
  • Understand that content is king and the customer will come to you with these zero dollar marketing technique

4. Flip your Marketing Budget from Outbound to Inbound

  • Outbound methods include- Trade shows, Seminars, TV Ads, Print, Cold Calling, Tele marketing, E-mail, Hoardings & Door-to-Door marketing
  • Inbound Marketing includes- SEO, Blogging, CRM, Social media, Call to Action, Analytics
  • Change your model, spend 90% of your funds on inbound methods and 10% on outbound. The ROI on outbound marketing is less
  • Attract, engage and delight the right customer by using zero dollar marketing

5. Build your Database

  • Data is the heart of your business, keep your customer’s personal data and their preferences secure to successfully run your business
  • Build a database of your prospective and relevant customers gathered from calls, events, old sales and enquiry forms
  • Put all data in the CRM software so that it is registered for life
  • Empower your employees to build a relationship with the customer using this data

6. Give Old Data a New Life

  • Follow-up with ageing lead and build a relationship with the customer
  • Don’t waste time on incompatible, incomplete or unqualified data
  • The sales agent should call the old customer to build a relationship and not to sell the product in the first go. Ask more questions on why the customer has not returned to make more purchases
  • Building on employee-customer relation can go a long way when it comes to zero dollar marketing strategies 

7. Story Telling for Recall

  • Have an emotional, engaging & educational story that talks about your brand rather than a direct advertisement
  • Add a story in everything; from your sales pitch to your brand campaign to your website. This will help the customer connect with your brand
  • Become a problem solver!

If an entrepreneur follows these Zero dollar marketing strategies to acquire more customers, not only will his business flourish but his customer too will be happy and satisfied.