So
you’ve written and are in the process of executing your startup marketing
plan. Your customer base is energized and
your products sales are consistent, month on month. The
current strategies, calculated as they are, have not been able to project your
business beyond your customer base. It’s
beginning to feel like your business has plateaued. What can you do to grow the business beyond
just core customers? The answer is quite
simple actually: expand your marketing message!
Before
we get into how to expand the marketing message, it is useful to note that this
is actually a good sign for a startup business.
It means that the business is essentially ‘growth ready’ particularly if
it is able to successfully satisfy its base market needs. The business’s consistency also shows that
you have been able to tap into a loyal customer group that will stay with you
as long as you are able to meet and exceed their needs.
Adjusting
their marketing message between stages is a huge challenge for startup companies. Many believe that the marketing programme
used at the genesis of the business can still be used during the growth
stage. Of course, this is not true. In order to attract new clients and enter new
market places, the business’s marketing plan must grow in tandem with the
increase in production.
The
following are some ways recommended for startups to expand their marketing
message:
1.
Widen the customer search – Add new
advertising platforms and employ new marketing strategies to attract new
customers. A startup company and one on
the path of growth must have different marketing strategies – even if it’s only
in scalability. Tap into new customer
bases with online options such as Search Engine Optimization (SEO) and creating
unique client groups based on more complex demographic variables such as race,
location and socioeconomic status.
2.
Revamp your marketing programme –
Refreshing your platforms are a great way to show that yours is a company in
the growth stage. Little tweaks here and there can give the impression that you
are doing things differently. Use of
more striking images and more precise content in your company brochure about
your company’s capabilities will increase confidence in the company and attract
new customers. Also, if you did not have
a website in the first stage of business, consider setting up one in this stage. Expose your company’s competencies to an
entirely new ‘world’. The website will
undoubtedly open opportunities for the business to enter new markets as well provide
the customer with 24/7 access to your company.
3.
Engage the customer base – In your
quest to gain new customers, don’t forget your ‘bread and butter’
customers. Engage your current customer
base to assist in identifying new client groups. Ask for referrals, acquire feedback and
provide incentives; and made it easy to do all three. If the customer has to go through too many
hoops to refer a potential client, you may lose that referral; likewise,
feedback acquisition should be easy. Use
physical drop boxes if you have a storefront and contact sheets on your website
if you are online.
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