How to Market Your Business For Free

Spending your hard-earned money on expensive marketing or ad campaigns is out of the question when you have razor-thin profit margins.

And while businesses are beginning to open up, we’re not out of the woods yet and businesses are still reeling from the effects of extended lockdowns and COVID-19 restrictions. But the good news is, we’re starting to see the light at the end of the tunnel and businesses are gradually opening up once more.

So how exactly can we market our business and spend zero dollars in the process? Let’s start with the most obvious one – accumulating social capital.

Spend Time Building Your Social Capital

No matter what business you’re in, building relationships is essential. It’s hard to imagine running a business with no thought of gaining people’s trust and maintaining good relationships. How much work you put into building your social capital will determine how successful your business will be.

The great thing is you don’t have to spend much money accumulating social capital than you would making friends as you go about with your day to day activities. And you need not look further than good old social media.

Facebook is particularly interesting – usage is at a record high. But unlike before, people aren’t just spending time on Facebook ‘social not-working’; they’re actually using it to find local businesses and checking on people to know how they are. Local businesses are also cranking up Facebook posts like never before, promoting their businesses through Facebook Page invites, shares, and being actively engaged for most of the day.

YouTube time has also increased. We’ve seen this before COVID-19, but even more so today as people are hungry for good, reliable content from news to entertainment and everything in between. You can be the go-to guy by sharing your experiences and expertise. So for instance, if you’re into food business, talk about how you can save on food by planning your meals and recycling leftovers so nothing goes to waste.

Offer Something for Free

If you think about the cost of getting a new customer, you’ll quickly realize how inexpensive freebies and giveaways can actually be. Besides, people will remember you more if you’re giving something out. Things like mugs, T-shirts, umbrellas – they’re not only useful, they double as a marketing tool by itself. But what if you don’t have money to go around?

One of the most effective ways which is still true today is offering ‘gated content’ to your target audience. This could be a free e-book, whitepaper, research, exclusive access to a live webinar, or a complimentary item or service which they can avail by signing up to your mailing list. This often goes along with a CRM and a content marketing strategy. Always remember to use ‘double opt-ins’, like what we do with our Small Business Dream Sales and Marketing Automation, in keeping with GDPR laws.

Other options include hosting a ‘mini-contest’ on social media via Facebook Live or newsfeed posts. Sounds simple, but it actually worked on many small business with little to no marketing budget. Check out this blog post  on creative ways to run Facebook contests if you need some ideas and try one yourself.

Content Marketing

As the name suggests, you use content to promote your business, albeit more subtly compared to using traditional ads. It’s an age-old practice and comes in many forms from old-school TV shows and soap operas to blogs and YouTube videos. This requires some dedication on your part to deliver content consistently and you might also need to learn some SEO so people can actually see your posts.

It will take a while to rank organically, but there are workarounds to get more people to know about you quickly. When it comes to text-based content, guest posts are a great way to get exposure. Some sites allow you to post a link to your website at the very end. Content marketing always works best when used with other methods such as social media and email marketing. Same goes for YouTube content. But on top of this, you’ll need a CRM/sales and marketing automation to organize and execute your marketing plans.

Joint Venture with other Businesses

We’ve talked about this in one of our blog posts about joint ventures. The idea is to find complementary businesses with a huge list of people who might be interested in your product or service. In return, they get a percentage on every sale you make. You get the list, they get their share – even Steven.

The biggest draw is you don’t spend on anything until you make the sale, and even so, it’s just your own way of returning the favor on things which would have cost you more, i.e. ads and other marketing expenses. The key is to look for businesses that can benefit from what you have to offer and are not a direct competition to yours.

Restaurants can joint venture with delivery services and apps like DeliveryBizConnect. Insurance companies can joint venture with auto and real estate. Even content creators can become joint venture partners by allowing some type of promotion on their blog or YouTube channel, kind of like affiliate marketing. So yes, you can definitely market your business without spending a single dime if you know how to joint venture.

Showcase Your Work

Part of your portfolio should include your most notable works as well as testimonials from your previous clients. Just by looking at your works and hearing what others have to say about you almost instantly wins people’s trust. One of the most popular ways is to create a LinkedIn account for your business. It functions as your virtual business card and is a great networking tool.

Another popular option is to use free website builders and CMS like Wix and WordPress where people can marvel at your work. Note: just by having a professional-looking website is a statement in itself. It speaks a lot about you and your business and why they should trust you.

You can get testimonials and user recommendations for free and they are extremely powerful in promoting your business. They provide context to your product or service. They make your business more relatable because people are able to put themselves on the shoes with those who share the same problems and experiences as theirs.

Testimonials should be posted on your website, Google Reviews, Facebook and Yelp if appropriate.

Ask for Free Small Business Advice

We want to reach out and talk with you through our FREE 45-minute business consultation where we can discuss some solutions to get you through the pandemic.

We layout every possible means to keep you in business, whether it’s through LinkedIn, Facebook, Twitter, email series, sales funnels, landing pages or business directories.

Can’t go to the office? Download SBD Sales and Marketing Automation App for your mobile and keep tabs on your business in the comfort of your homes.

How to Network Like a Boss

Do you go to networking events? If you’re a business owner, then you definitely should be. There was this really great article about how the higher up somebody is in an organization, the less likely he feels that going to a networking event is kind of a “dirty” thing.

I know some people aren’t comfortable with networking events. It makes them feel “dirty” and they’re doing something wrong because most people are doing them wrong. The idea of a networking event is to make friends. You think to yourself “Oh my god! Build relationships. Sounds hard.” And you don’t just go over and vomit all over people. You go to form relationships.

You are obviously looking to steer the conversation in a way to see if they might be a potential client, but you need people to know, like, and trust you before they will become a client.

When I go to a networking event I break down people into a couple of categories, depending on who that person is. The categories are usually potential friend, potential client, potential employee, and potential partner. But just because someone starts out as a friend doesn’t mean that they can’t become a client or a partner later on. Your relationship may change. Or Maybe you’ll just remain really good golf buddies.

Whoever they are, you should put them into an automation follow up series for personal contact, so that I’m still interacting with them, even if I haven’t actually gone to the point of figuring out where they might fit into my business or where I might fit into theirs.

Then I go after sort of a couple of categories in with my business. They might be interested in a free trial of my software. They might be interested in becoming a re-seller. They might be interested in becoming a consultant. And all of this is done in a carefully crafted conversation.

You go into a networking function armed with your conversation that you practiced and rehearsed. You’ve seen how people react to things in their face when you talk to them. You see it in their eyes, and you hone that. You get to the point where you’re a broken record because broken records work. And then you can get better.

This is practicing the kick 10,000 times instead of a new kick every time. I’ve worked through a million iterations. If you want to network like a boss you do it by going to four or five events a week. Not four or five a year. Not four or five a month. Go to four or five a week, and within three weeks you will have honed your skills. You will have sucked in front of a whole bunch of people.

And then the neat part is everyone gets nervous, especially the first few times. “Oh yeah, but what if I see the guy again and he knows I sucked?” Guess what I found happened? They overhear you at another event and they’ll come up to you and say, “Damn you’ve gotten so much better than the first day I met you!”

Everyone’s there in the same game. We’re all trying to improve our skills. We’re all trying to squeak out a living. We’re all trying to enjoy the surf, the sun, and whatever. Somehow we just got to get people to stop sweating the details.

If you’re out there generating prospects and leads stop sweating the details. Go with the idea that you’ve maybe helped some people. Go with the idea that maybe at the networking event you can point some people to some helpful resources. Or you can introduce them to someone else you know that might make a good relationship or maybe you can introduce them to a free trail of a couple of tools that you found.

Go there with the idea that you’re going to go to this networking event, and you’re going to help a few people with problems in their business. If that turns into a sale, then great. Don’t be selfish and only try to help people with problems your product sells. Just help people. For example someone’s struggling with taking a picture with their cell phone. “Hey, something I can help you with?”

I love networking events for that reason. It’s incredibly fast to rapidly iterate. The business prospects are all there. You’re not going to close a business prospect the first time you meet them at a networking event, so stop trying and you’ll have way more fun.

You need to build a relationship and have that conversation. They need to see you a couple of times to build trust. You show up to a networking event once and you go, “Well that didn’t work.” That’s not how networking works. You need to practice.

There’s always going to be ways you can improve. And if you do fail, then of course you know there’s lots of ways you can reframe that. You should practice thinking your identity and your role as separate. So you can think: “they’re not rejecting me. They’re rejecting my role.”

You know so many times people attach their role and identity together, and they find themselves feeling hurt, rejected and devalued. I knew a man who worked his entire life and he eventually retired. He was a fit healthy guy when he retired and he died five years later because he actually attached his role as business owner and mayor of a town to his identity. And it happens a lot. You know people lose their job and throw themselves out of a window.

Often when you go into these networking events you ask yourself, “Who am I today? How do I represent myself and be okay?” And if you just take an attitude of service, I’ve had some clients with you know earth-shaking reputations and huge client lists, and I’ve sort of worked myself up a little bit. “Well, how am I going to sell this person?”

Related: How to Overcome Stumbling Blocks to Successful Networking

Take a moment to go, “Hang on. If I go in with an attitude of service I can ask better questions.” I can understand their business, pain, and issues better than if I gone in to try to sell something. Then you ask them what’s the result they’d like out of the meeting to be. They tell me. And guess what I deliver in my proposal? I’ve delivered what they told me they want delivered. Amazingly enough, I got the business.

I went to a networking event the other night and it’s put on by one of the larger cell phone providers. I went to one of their events and was a free event and it was fantastic. It blew my mind. It was a catered, wonderful event, and it was free so I naturally wanted to get more involved.

I saw another one of their events come up so I’m like, “Well, I’ll go. I could eat. Right?” I went there with my bucket full of bunker rings, which are my phone rings as my little giveaway. I actually went there because this mobile company called Rogers has just started this whole campaign to try to help small businesses. And, of course, that’s what we do. So I went there because there was a speaker being flown in from Toronto to Vancouver.

This guy was flown in from Toronto to talk about what I talk about, so I’m like, “Hang on. I got to go meet some of these people and maybe if I get lucky I’ll be able to steer the conversation to where I can be a bit of a public speaker and get flown around Canada; helping them out and getting my message out.”

And then it was a really hot day and I normally go to these things in a suit because I believe to always be dressed at the same or one higher than anyone you’re meeting with, and I dialed it back to a polo shirt and dress slacks. When I got there everyone was at my level or a step below, so I was like, “Well, thank god I didn’t show up in a suit.” I mean I would have looked better than the speaker. That’s not cool.

I pulled out my bunker rings and I start talking to this nice Russian lady who was also looking at helping businesses, and she worked for some business consultant. I gave her a bunker ring. And then I’m giving out bunker rings and people are getting them and they’re actually sticking them on their phones, and then this other lady comes over and she says, “You’re going to be embarrassed for me when I show you what I have.” And she holds up her phone in her hand through this strap thing that’s attached to her case. She says, “I want one of those for forever.”

I said, “Well, I’ll tell you what: You let me take a picture of you with that one, and then we’re going to put mine on yours and we’re going to take another picture. As long as you’ll let me put that on Twitter and use it in my social media stuff, I’ll give you one. Heck, I’ll give you two.”

But it turns out that she was flown in from Toronto. Her sole purpose was to find energetic people who know what they’re talking about to join them in speaking across Canada.

All because I went there to give out some bunker rings, make some friends, and eat some food. And I helped this Russian lady with some of her problems in front of this other lady who’s overhearing it, and suddenly she got my bunker ring. I give them to all the other executives that were in from Toronto. One guy walked away with three; apparently he had a wife and a girlfriend.

I didn’t go there and ask who’s in the charge. Source them out. I would’ve if it wouldn’t have developed naturally. Make no mistake about it, I would have worked the room until I found who I need to talk to. But by just being me, going there, helping people, giving away my little gizmos in a polite and respectful way that didn’t interrupt their event. That’s how you network like a boss. Go there to help. Go there to serve.

I not only made some great contacts but I managed to get some speaking gigs out of it too. I’ve got the local guy wanting me to do a bunch of events that weren’t as formal as that one. Then the other lady she’s like, “Look, you’ve got to take my number. You’ve got to take my email. You have to follow up. We need people like you.” So I’ve started that process and I have no doubt that once I set my mind to it it’ll happen.

 

How to Overcome Stumbling Blocks to Successful Networking

The ability to connect with people is essential to the success of your business. Professional networking events can present you with opportunities to interact with others in business on a personal level, and this can develop profitable relationships. These occasions are critical for anyone who wants to grow a business or promote a career.

Many people are simply not comfortable walking into a room full of strangers and starting up a conversation, but there are some simple ways to get around that fear.

Stumbling Blocks to Successful Networking

Related: How to Network Like a Boss

Here are five common stumbling blocks to successful networking, and some ways to help you overcome them.

1. Reluctance to talk to strangers

We’re all taught at an early age not to talk to strangers because “It’s just not safe.” In certain situations, this is still good advice. In business, however, talking to strangers is the best way to generate interest and support for your products and services. If you only talk to the people that you already know, you’ll definitely miss out on opportunities to make new connections and establish valuable contacts.

To get past your fear of talking to strangers, set a goal for yourself before you attend any networking event. Decide how many new contacts you want to make, or how many “strangers” you want to meet. In some cases, you could even make a list of people that you’d like to meet.

Next, think of some icebreakers or conversation starters. Prepare questions that you can ask anyone you meet at the event. You might want to ask about other people’s business, their connection to the sponsoring organization or their opinion of the venue.

2. Lack of a formal introduction

It’s a whole lot easier to make a new contact when there’s someone else to handle the introduction and pave the way for you. If you wait for another person to make that move, you might not meet anyone. At networking events, the goal is to meet as many new people as possible.

This is the time to take the bull by the horns, walk up to people you don’t know, introduce yourself and start a conversation! You can easily do this if you’ve prepared your ‘self-introduction’ in advance.

You shouldn’t introduce yourself the same way to every person. Maybe it’s your first time attending an association meeting. In that case, you might want to say that as part of your introduction. Let people know who you are, why you are there and give them a reason to ask more about you.

3. Fear of being seen as ‘pushy’

Maybe you think you’ll turn people off if you’re assertive, and that if they want to talk to you, they’ll make the first move. If this is your line of thinking you’ll very likely find yourself spending a lot of time alone at the reception or meeting function and leave without a single new connection. Being open, friendly and interested does not turn people off.

You won’t come across as overly aggressive if you seek out the “approachable” people. These are the ones who are standing alone or who are speaking in groups of three or more. Two people talking to each other are not approachable because they may be having a private conversation and you could very well be interrupting.

4. Thinking that other people may not like you

There is always the risk that the other person is not interested in you and doesn’t want to meet or talk to you. It happens. If that is the case, don’t take it personally. Nothing ventured is nothing gained. When you get a cold shoulder, smile, move on and say to yourself, “Next?”

5. Having your intentions misunderstood

Approaching someone of the opposite sex to begin a conversation can seem more like flirting than networking. This is more of an issue for women than it is for men. Women have an equal place in the work environment and need to make professional connections just like men do. Women in business can no longer afford to hold back when there is an opportunity to meet new people.

Neither men nor women will have their motives misinterpreted if they present themselves professionally and if they keep the conversation focused on business issues or topics that are not personal or private.

Whatever your stumbling blocks, face them before the next networking event and devise a personal plan for getting past them. Once you do, you connect with confidence and courtesy on every occasion and the results will definitely be reflected in your bottom line.

Why You’re Screwed If You Work A Job

There has never been a better time to start your own business. In fact, in the next decade, being an entrepreneur will bring more security than being an employee. We are in the middle of a great entrepreneurial boom with the number of entrepreneurs in the United States and Canada rising slowly in the 20th century.

For example, baby boomers, age 50 and above, have started an average of 3.5 companies but with millennials that figure more than doubles at 7.7 companies. This is an incredible stat that’s only going to increase to unprecedented levels in the near future.

While running your own business may not be your dream, if you’ve ever considered it, hopefully this blog article will help you take the next step. Because there are no more cushy jobs anymore. No more pensions. I guarantee if you don’t start your own business, you’ll be left behind.

It’s great to be your own boss. You don’t have some higher power telling you what to do. Your future is in your own hands, and not at the whim of somebody else.

The internet and online shopping is becoming more popular – and isn’t even close to being at its peak yet. In the not too distant future, most purchases will be online, and shopping malls will be a thing of the past. People, especially non-entrepreneurs are going to have to move with the shifting times. Many people will lose their jobs, and forced into entrepreneurial roles.

Today, you can start your own online business for very little capital, unlike a couple of decades ago when you needed huge amounts of money to open a storefront, and to market yourself, and to hire employees. Now you just need an internet connection and you can sell to anybody and hire anybody.

Small business is growing more rapidly than ever before and it’s only going to become a bigger part of the overall economy. Conglomerate will still have their place but as soon as small business realize their power and band together, the better.

During the 2008 recession, many people were laid off or fired and as a result they became entrepreneurs. Getting downsized became a jumping off point for those who always had dreams of doing something different.

A lot of companies don’t want employees any more, especially those started by millennials. They don’t have to pay benefits. They don’t have to worry about slow markets. It has gotten a lot easier to just hire consultants and freelancers. Just look online where jobs and job sites are in abundance. Hiring a freelancer is only a click away. And why wouldn’t companies do that instead of invest in training and managing them?

Businesses are also being coming more automated than ever before. For example, you can order your Starbucks beverage through your mobile phone and pick it up at the counter, eliminating the need for cashiers. Low skilled jobs are you getting get fewer and fewer as it is becoming easier to automate more systems.

And soon robots and computer programs will be taking over for people. Robots don’t need lunch breaks or vacations and they don’t need feeding. They won’t quit and moved to another job that is higher paid self-driving cars will soon eliminate the need for drivers.

Young people are seeing the necessity of being a small business owner in this rapidly changing world’s. Hopefully else will see it as well.