4 Strategies for making the most of your marketing budget

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Editor’s Note: Here at Dispatches, we are always looking for ways to help our readers do things. For some of our readers, that means helping navigate the working world, for others, it means assisting in the ever challenging question,what’s for dinner?” For still others, it means figuring out how to balance family life with everything else. In an effort to aid in all of these endeavors, we have collaborated on this article written specifically for our readers.

Trying to do what is best for your business is about making the right decisions at the right times. Coming up with a comprehensive marketing strategy is an important first step. Make sure you do what you can to develop the best marketing strategy for your target audience

Lots of Irons in the Fire
Though you have to be careful not to spread your resources too thin, consider leveraging different marketing technique. Consider a social media campaign in combination with a strong email campaign and a great website. It’s also important to examine the benefits of offline marketing methods alongside digital ones and determine which avenue is the best for you and your business. 

Share Don’t Sell
It might sound silly to suggest that you shouldn’t be trying to sell, but it’s a useful mind-set. Customers are so used to being bombarded with buy now messages and are often put off by this tactic. The best thing you can do is share with them. Engaging with customers and being mindful of what they respond to will work wonders for the success of your marketing. Consider sharing additional uses for a product or service. Show them how to use or do something. try to become a resource and a solution.

Focus on Your Strengths
It’s tempting in business to want to cover all your bases and try to get in on a piece of everything. Beware of trying to be a jack of all trades and a master of none. You need to focus on your strengths and figure out what your niche is as a business and who your niche audience will be. If you focus on your ideal customer, you won’t be wasting your time chasing non-lucrative leads.

Attract and Retain
One of the most important things you need to consider in business is the attract and retain approach to clients and customers. It’s a lot easier to keep someone than it is to acquire a new client or customer in the first place. Make sure your marketing strategies works to attract new customers and retain previous ones.

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