5 Ways Web Marketing Can Save Your Business Money
- Updated on: 2020-07-02
- Read original article here
5 Ways Web Marketing Can Save Your Business Money
Business success depends on if you're reaching and converting customers.
You could go the traditional route with print ads and some word-of-mouth. Those old-school strategies will get you somewhere... but not too far. What you need is extra oomph to be competitive and bring in a steady stream of business.
What you need is web marketing.
Online marketing is cost-effective once you've got the core concepts down pat. Used well, it will become your greatest investment for business success.
How can you save big while reaching customers? Keep reading to find out!
1. Cut Out Low-Performing Markets
69% of U.S. adults shop online ... and that number is rising (fast). One recent study on consumer behavior and online shopping even predicts that 95% of our shopping will be done through e-commerce by 2040.
That's wild, right?!
Knowing these stats, it's clear that you should put effort into digital marketing. You'll build an online presence and save money by not investing in antiqued tactics. It's a win/win for business longevity.
2. Sustainable Strategies and Efforts
Paid advertising is only as good as the money you put into it. Turn off the funding and those prospects and leads dry up.
Online marketing offers sustainability by way of:
Search engine optimization to build a strong, organic presence
Content marketing to have plenty to share on social media
Relationship building that creates strong referral funnels
Every piece of content you create is an asset. You're paying for its creation but reap its benefits as long as it's accessible online. This lowers acquisition costs because you're not having to pay for ads all the time!
3. Scales to Your Budget and Goals
Web marketing comes in all forms and sizes. It adapts to your needs whether you have a few bucks or a multi-million-dollar budget.
You can explore all forms of marketing avenues:
Search engine marketing
Influence marketing
The choice is yours!
Most of these are outright free to explore (minus your time). You're then able to scale efforts by investing in tools and extra resources. Smart businesses go all-out once a strategy shows promise, doubling down on what works.
4. Reinvest in the Business Fundamentals
Imagine the possibilities if you didn't have a monthly ad bill to pay.
You could invest that freed up capital into:
Hiring new talent
Customer service
You know... all those things that build a successful business.
Investors and lenders will notice your success and commitment, too. You'll have stronger leverage when approaching banks for loans or exploring financial options through online platforms like Bonsai Finance .
Reinvesting in your business attracts investments from others! This is huge because now you're using other people's money to grow !
5. Get Everyone Involved
Everything you and the team does contributes to marketing... if you let it.
Get everyone involved with online brand promotion and sales:
User-submitted content, reviews, and feedback
Insights and experiences by the team
FAQs and AMA sessions with the founder
Doing web marketing this way saves money by not having to hire professionals. Everyone contributes to creating new marketing assets and touch-points.
Try doing that with an ad campaign!
Make Web Marketing Your Everything
There's no better way to bootstrap your success than DIYing its outreach. Commit to web marketing and you'll reap its cost-effective rewards.
What happens next with web marketing? See how far digital marketing efforts can take you!
Find what works with your business web marketing and amplify its results by doubling down on it.
And, continue experimenting with new web marketing strategies and tactics found here on the site! Check out the digital marketing section for more great web marketing tips and business opportunities!
