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    Make The Most Out Of Your Marketing Budget

    Finance Tips April 11, 20183 Mins Read
    Marketing Budget
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    Marketing is always going to take a large portion of your business budget. Without marketing, you will have no hope of getting the interest you need from customers to make your company a success. At the same time though, you don’t want to be in the position where you are paying a fortune for promotion and seeing very little as an ROI. Ideally, you want to buy marketing that can really change your business and boost your position on the market. Let’s look at examples of marketing that is worth investing in and one marketing tactic that should really be avoided.

    Social Media: Use

    Social media is one of the best forms of marketing available for businesses today. In fact, it’s worth noting that content is actually the most effective form of marketing and you can’t market content without social media. Social media will allow you to market to thousands of customers in a way that is both personal and direct. That’s exactly what you need for a successful marketing campaign.

    Should you spend the money on a social media campaign manager? You might think this is a waste of money because you manage your personal social media account in your spare time. As such, you shouldn’t need to hire an expert to manage the one for your business. However, don’t be so sure about this because you will need to update your social media like clockwork with fresh content for this marketing tactic to be effective. As such, an expert could be exactly what you need.

    Merchandise Marketing: Use

    You definitely want to make sure you are using merchandise to market your business. This is the type of promotion that essentially pays for itself. Once you start providing customers with merchandise, they will be able to use it, and this will immediately gain the attention of members of the public. They might see your business logo on the merch and gain interest in the brand.

    Of course, if you do this, you need to ensure that the merchandise you are offering is top quality. A lot of businesses make the mistake of investing in seemingly expensive items that are actually low quality. Instead, something as simple as well designed custom lapel pins could be the perfect way to gain the attention from customers that you want.

    Rapid SEO: Avoid

    Finally, using SEO isn’t a waste of money but using rapid response SEO or a company that promises immediate results definitely will be. The problem here is that SEO isn’t supposed to be fast. So, if you see immediate changes to your position online, you can bet blackhat SEO tactics were involved. If that’s the case, Google are likely to punish you and your business by knocking you down in the SERPs. You should definitely be worried about this because it’s very difficult to make a recovery once you have received a Google penalty.

    Instead, make sure that you use an SEO service that may not promise results but has an excellent record of achievement with other companies online.

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