Top 3 Reasons Small Businesses Fail at Marketing

I often speak to groups of small business owners and I keep hearing the same comment over and over again with many of them saying that marketers don’t matter or marketing doesn’t matter anymore.

There are many reasons I’ve heard as to why marketing doesn’t matter: “all my business comes by referral,” “I never spent money on marketing and my business grew,” “marketing is a waste of money,” “I see no value in marketing,” “marketing is all luck so why spend money on it,” and so on.

Oh, how they are so very wrong! Below are the top 3 reasons why:

1. Their definition of marketing is wrong

When business owners tell me that marketing doesn’t matter, they usually have a totally different understanding of what marketing is than those who recognise how marketing contributes to business goals where it enables you to charge the most money you can for your services and products.

Marketing is first about spending time building a solid foundation based on strategy before proposing a series of tactics aimed at lifting sales. Until the business finds a way to change the context of how their ideal customer views what they do, and then becomes become the obvious choice provider, they’ll find that their marketing efforts never seem to build momentum or gain any return on investment.

You must be able to enter the conversation taking place in the head of your customers. Or, to look at it in a different way, to be able to address the number one question on your customer’s mind at exactly the right time.

So, how do you do this? The conversation that is taking place in every prospective customer’s mind revolves around two major points. There is a problem they have, and that they don’t want… and there is a result that they want, and they don’t have.

Those who often misunderstand marketing believe that it is only about advertising campaigns, brochures, flyers, website, email marketing, SEO, tradeshows, social media, copy, etc. These are the tactics – the way you implement your marketing. I’d argue that marketing is essentially the core of business strategy because it is about understanding the current customer, tapping into their fears, their goals and their aspirations and then creating products and services that the ideal customer is willing to buy from a brand they now they know, like and trust.

2. They believe either they or their co-worker can do it

Sometimes in the “do it all yourself” world of small business (or even big business when it comes to it), it’s difficult to identify the areas that require outside help. A business may be able to set up their newsletter, add plugins to WordPress, write a Facebook or LinkedIn post, and clumsily create header graphics, but you need somebody who is trained, practiced, and skilled at looking strategically and holistically at the marketplace, understanding the customer, and then creating unique opportunities based on this understanding.

Just think about it for a minute; just because you have a calculator and excel does that mean you are an accountant? If you have a ruler, pencil and have watched some episodes of Grand Designs – does that make you an architect? If you post regularly to your friends on Facebook and Instagram – does that mean you are a social media expert?

So why do small businesses believe that by buying a Mac and some software they will become a designer, marketer and communications expert?

It needs to be led by a strategic marketer who can then develop an integrated marketing approach. Can you or your co-worker do this? In some cases, you can. But those who can are most likely to either come from marketing or consulting backgrounds where they have transferable skills and experience defining AND delivering against a growth strategy.

If you are a small business, you need somebody who will have a very solid, process, streamlined, consistent, repeatable approach. First, they will research and learn about your company in great depth, the dynamics of the marketplace and identify shifts, trends, and changes. From there, the strategic marketer will be able to present the different elements of your marketing plan in logical order of how you should construct them, update them, or revise them; and identify the key areas you should be focusing on – be it generating leads, converting leads, increasing transactions right down to changing prices.

3. They hire the wrong marketing help

There is a huge misunderstanding around marketing strategy, marketing tactics, and marketing execution.

There is a difference between being strategically capable, creatively capable and executionally capable.

Small business owners don’t hire a strategic marketing coach/firm to develop creative graphics and headers; nor should you hire an advertising/graphic design agency to handle marketing strategy. A small business doesn’t need to hire a consultant or a firm who is a strong marketing executor when their biggest need is a strategy for sustainable growth. You may get more attention, but not the best results.

Blog Marketing With A Digital Marketing Agency

Today, if you’re in business, you need to do digital marketing. There’s no escaping it if you want success, and to do digital marketing correctly, you need to partner with a high quality agency. So the question is, what should the agency which you choose be able to do for you?

Blog marketing is highly important today. If your business is without a good blog that is constantly kept fresh and updated, you are deficient in your digital marketing efforts. Then there’s the matter of getting people to find it and read it. Formerly a luxury rather than a necessity, blog marketing is now a core part of any online communications strategy. It ensures that you keep up customer engagement and constantly maintain an open source of communication that prospects and customers can use to get better understanding of your business. And you need to partner with someone who understands all of this, and knows what to do for you with regards to blog marketing.

Businesses can’t just assume that established customers will stay around for years to come these days. People want new, fresh insights all the time these days. Effective blogs means that you are always offering something of value to your customers at not charge to them, inspiring them to give you repeat visits, all the more likely to give you repeat business. You can use a blog to communicate about special promotional offers, discounts, and how your company or brand are different and unique.

There has been a huge increase in blog e-commerce in the last several years. Blogs, it’s not understood, can be utilised as new channels for engaging directly with customers. When it comes to marketing your business you have to face the fact that doing so is no longer transactional and one way. More than ever, you must understand precisely what is important to your customers and demonstrate to them how you’ll deliver it, and show forth what’s important to you.

Thus, you need to partner with an agency that will ensure that your blog and all blog activities are carried out with the focus being on you, not on what the agency wants to write. A blog needs to communicate your personality and beliefs clearly and openly. This means for you that you need an agency that will take the time to understand what is important to you as well as to your customers, an agency that, utilising your expert knowledge, creates and manages a bespoke blog marketing strategy which at once materialises traffic and keeps your visitors coming back for more.

Your selected agency should also look to integrate social media platforms to increase the exposure of your brand, including:

  • YouTube
  • Twitter
  • Facebook integration

Yes, you need a digital marketing agency today that is staffed by creative writers who know how to communicate your vision, uniqueness, and brand in interesting, reader-grabbing ways. You need a digital marketing agency whose writers know how to make readers feel like they’re getting something valuable for free, for this is what inspires those readers sooner or later to buy from you. Don’t neglect blog marketing in today’s world of fast and effective communications.

Digital Marketing and Efficient Search Marketing Tools

Digital Marketing is one of the tools a company can utilize to advertise their products both efficiently and effectively. For professional digital marketing tips a company can consult many agencies and consultancies that offer their services worldwide. These agencies and consultancies basically provide sound advice on which marketing strategy would be best for your company. Moreover, they guide you step by step throughput the whole procedure and plan your every move.

If you do not want to go for professional help and want to be creative and use your own ideas for effective digital marketing then you need to know the ground rules and some basic definitions. For starters, what exactly it is? It is basically advertising your product using electronic or digital means. Digital marketing these days is mostly focused on the internet where as the television, radio and mobiles phones are also other options that you can avail.

One popular strategy is using search engines such as Google. Whereas search marketing is quite effective, you do need to keep in mind few things that would make your strategy most effective. It is better to know what you are getting yourself into, so that you can beforehand minimize any risks that you will face and maximize your impact on the internet. You need to know what the search patterns usually are or any certain patterns. Also, knowing what consumers actually search and being able to pin point what they consumers require in search result can prove to be quite beneficial.

Moreover, knowing what your competitors are doing can actually bear quite a look of fruit. Knowing why and how your competitors and other web sites are successful can be quite helpful for giving you more ideas. Copying is not a good idea, but learning from others is. Learn from those who seem to be succeeding and also learn from those who are not doing so well. You’ll know exactly what to do and what not to do.

Having good key words is of the utmost importance. Without good key words your search marketing campaign would surely fail. Hence, pay the greatest amount of attention to your key words so that they match any search you to be associated with. Some good tools to analyze the searchers around you are Google Trends, Google Insight for Search, Google Ad Words Search Tool, Microsoft adCenter Keyword Research Tools. All of these tools are free and easy to use. These tools show graphical data and comparisons between search terms. Other helpful tools for the market around you are SpyFu, comScore Marketer and Complete.com Search Analytics.

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