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101 Ways to Grow Your Businesson a Budget

by Nancy Michaels    President of GrowYourBusinessNetwork.com

1.  Maintain consistency in your visual image on all marketing materials.

2.  Develop your Major Selling Advantage.

3. Target a niche market.

4.  Launch an endorsement campaign.

5.  Ask your best clients for testimonials.

6.  Design a referral program.

7.  Support a local non-profit that is a natural match for your business.

8.  Cross-promote with area businesses.

9.  Join a networking group, such as Business Network International (BNI).

10. Join associations where your clients are likely to be.

11. Speak in public.

12. Write a column for your local newspaper.

13. Take newspaper editors out to lunch and position yourself as a resource.

14. Create your own holiday.

15. Send out value-rich top 10 lists.

16. Send a monthly e-zine to your clients, prospects and the media.

17. Utilize the rule of 6: Advertise only if you can afford to do so six consecutive times.

18. Focus 80 percent of your marketing efforts on the 20 percent of your clients who give you the most business.

19. Send out marketing communications at least four times a year.

20. Take advantage of your email signature line to advertise products, services and special offers.

21. Include your tag line and list of services on your business cards.

22. Have a networking card (mini CD-rom) created to hand out at networking events.

23. Remember your clients’ birthdays.

24. Send handwritten thank you notes.

25. Call clients just to say hi.

26. Become actively involved in associations by joining the board or a committee.

27. Offer a money-back guarantee.

28. Add value to your website by including resources, articles, and incentives.

29. Create a board of advisors.

30. Charge premium prices for quality products and services.

31. Create a promotional kit-no more brochure.

32. Celebrate non-traditional holidays.

33. Offer free tele-classes.

34. Establish 1-3 goals to focus on each month.

35. Host a special event.

36. Package your products or services.

37. Place newspaper ads in the section where your customers are most likely to see them.

38. Research the availability of “remnant” space, which is magazine ad space that remains unfilled by press time and is offered at discounted prices.

39. If advertising on the radio, talk shows are best.

40. Your time is valuable, so outsource as much as you can.

41. Spend one full day each week on business development.

42. Win an award sponsored by a trade association or professional organization.

43. Leverage your publicity by including it on your website, in your promotional kit, and mentioning it in advertisements.

44. Send out a press release to spread the word about company milestones, achievements, and awards.

45. Always return phone calls and fulfill promises.

46. Align yourself with cause-related programs that you genuinely believe in.

47. Market through direct-mail with a three-tiered postcard campaign.

48. Remember that marketing is about VCR: Visibility, Consistency, and Repetition.

49. Order reprints of articles you are featured in or have written.

50. Look for speaking opportunities at adult education centers and your local chamber of
commerce.

51. Follow the same basic rules with the press as you would with a client.

52. When dealing with the media, anticipate their questions, label photographs, and explain why your story is worthy of coverage.

53. Ask the media if you are calling at a good time and when their deadline is.

54. Emphasize benefits of your product/service over features.

55. Survey your customers to gain valuable feedback.

56. If you find yourself in a crisis situation with the media, be proactive and stick to your point. If handled with finesse, your crisis could be your best publicity yet.

57. Position your product or service as one that so completely fills a need, that your customers will have a hard time imagining life before you came on the scene.

58. Ask yourself, “How can I create the perception that my market simply cannot live without me and what I have to offer?”.

59. Test your product or service with real people.

60. Have a list of references with phone numbers on hand.

61. Compile a list of frequently asked questions.

62. Create a leave-behind folder.

63. Do the unexpected.

64. Update advertising images quarterly.

65. Keep your eye on future trends.

66. Define your quintessential qualities.

67. Keep your identity consistent.

68. Network to build your prospect base.

69. Provide superior customer service.

70. Implement a method for handling the results of a successful marketing plan.

71. Treat every call generated as a lead.

72. Be persistent in your follow-up.

73. Piggyback off of existing news stories.

74. Focus on local marketing.

75. Establish benchmarks to measure performance.

76. Conduct a competitive analysis.

77. Identify the results that clients will experience from working with you.

78. Work at building relationships with your customers.

79. Draft a list of your dream clients.

80. Create unique pitch materials.

81. Leverage civic contributions through signage and press releases.

82. Establish a relationship with a promotional company.

83. Draft compelling web site copy that reinforces your message to your ideal clientele.

84. Provide calls to action at your website.

85. Promote your website on your business card, in your email signature, in article bylines, and at networking events.

86. Capture leads.

87. Buy lunch with an industry leader by offering to donate $1000 to the charity of their choice.

88. Employ a loyalty program.

89. Sponsor a little league team.

90. Carry a camera and seize the moment.

91. Never send a holiday card in December.

92. Create an award.

93. Utilize email auto-responders.

94. Use “pull” marketing to draw prospects to you.

95. Have a professional appearance that makes your first impression your best impression.

96. Utilize a marketing mix.

97. Be aware and open to new opportunities and be prepared to pounce on them when they show up.

98. Attend a marketing seminar and try to relate the situations or examples to your business.

99. Work with a copywriter who can make your words sing, be easily repeatable, and succinct.

100. Have a marketing calendar to identify marketing opportunities throughout the year and execute your ideas in a less stressful, more proactive manner.

101. Update your database religiously.

Nancy Michaels is the President of GrowYourBusinessNetwork.com and runs a coaching and consulting business for women and minority business owners, Nancy Direct. For more information on how to be a Nancy Direct member, go to:

http://www.growyourbusinessnetwork.com/nancydirect

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