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.

Create Your First Joint Venture in Less Than 30 Minutes Using This App

Many small businesses think twice about getting into a joint venture. They think it’s hard, complicated, and risky. But the truth is joint ventures are some of the easiest and cost-effective ways to rapidly grow almost any kind of business. In this article, we’ll show you how to create your first joint ventures using Small Business Dream in just 30 minutes or less.

Most Small Businesses Don’t Understand Joint Ventures

Most people think of joint ventures as being locked into a room with their lawyers and business partners, long drawn out meetings, and doing a ton of paperwork. They’re often mixed up with things like mergers and joint-ownership (though technically a partnership, joint ventures have a different set of rules and are much easier to implement).

According to some surveys, less than 5% of all business owners know how to joint venture while the vast majority of small businesses didn’t even know it exists. They didn’t quite understand how it works or why they should be doing it. Some of the common misconceptions are that joint ventures are only good for big businesses and that they cost a lot of money.

How Joint Ventures Work

We’ve asked several small business owners and one of the reasons they don’t do joint ventures is they want their business all to themselves (“be their own boss”). While not necessarily a bad thing, it might not be the fastest, most efficient way to grow your business, especially on a low budget.

In fact, the reason why many small businesses fail is they rely too much on their own limited resources when they could have easily partnered up with other businesses whom they can benefit from and vice versa.

To illustrate, let’s say you’re running a small flower shop business and you need to have more exposure. You can strike a deal with complementary businesses like event planners (preferably businesses with a sizeable customer base) to promote your business instead of spending a ton of money on ads. They get their cut in exchange for new clients, and you become more popular as being part of their service.

This is known as the “piggyback” effect and it applies to almost any kind of business. You see, you don’t need to acquire a huge list on your own if a complementary business somewhere within your city already has it. Notice we said “complementary.” You’re not competing with the same type of businesses but you’re trying to establish a mutually beneficial relationship. One of our Small Business Dream clients is a doctor who is a manufacturer and supplier of weighted blankets. Using our system, she was able to partner up with other businesses that deal with anxiety problems (e.g. psychologists and sleep specialists).

The reverse can also be true. You don’t have the product or service but you have a fairly large network and you can easily take your cut through customer referrals and commissions. This type of joint venture is popular among direct sales and multi-level marketing (MLM) companies. In fact, we’re going to show you how to use this method in our Small Business Dream Joint Venture module later in this article.

The challenge comes from finding your ideal business partners. You can try your luck on Google or the Yellow Pages, but this approach can take forever. We came up with a very neat solution that eliminates a lot of guesswork using a combination of highly targeted marketing strategy and sales and marketing automation.

If you want to learn more about this hybrid approach, you can read our blog article on how we help our clients build successful six-figure businesses using LinkedIn or you can download a free copy of our book, LinkedIn 5-step System: Generate 10 fresh qualified leads in 10 minutes for your small business.

The Small Business Dream Joint Venture Module

We’ve made joint ventures a lot easier for small businesses by incorporating our Joint Venture module into our Small Business Dream sales and marketing automation app. This goes hand in hand with our free Smallbizdream business directory app available on Apple Store and Google Play.

Basically what this JV module does is it allows you to create deals and referral programs through your Small Business Dream sales and marketing back office. App users will then be able to view your JV on the Smallbizdream business directory app and choose to join by tapping on it. (Note: app users need to have your code, i.e. your Small Business Dream username, to use the business directory app.)

Their names along with their contact information will show up in your Small Business Dream sales and marketing automation back office where you have the option to accept or reject their request. The good thing with this Joint Venture module is that you control everything – availability, joint venture name, description, terms and conditions, mode of payment, commission payout, and the start and end date.

This video shows you how to setup your business in the Smallbizdream business directory app through your Small Business Dream back office and how to create your joint venture in much greater detail.

Our tracking system allows you to manage all your JV partners so you know exactly who gets what and you can pay them in cash or in-store credit (Loyalty Credits). You can also choose between business-to-customer (B2C) and business-to-business (B2B), so you can either have a customer, business partner, or both in the business finder app.

To get the most from the Joint Venture module, you may offer in-store credit for every customer who refers your business to their friends and have them download and install the free Smallbizdream business directory using the code you’ve provided them. Or, if you’re into direct sales and other similar type of businesses, you can use the Joint Venture module as an automated tracking system for your distributors.

You get all of these along with our amazing sales and marketing automation tools, including push notifications, in one complete package with Small Business Dream. It comes in two versions: do-it-yourself (DIY) and done-for-you (DFY) where we take care of everything.

So, Have You Decided to Do A Joint Venture?

If this article has been an eye-opener for you, don’t hesitate to seek help on how to make successful joint ventures for your small business. We’d like to spend a moment with you through our FREE 45-minute business consultation where we help identify ways to increase your sales whether it’s through LinkedIn, Facebook, Twitter, email series, sales funnels, landing pages, business directories – every possible way you can think of.  Visit us at Smallbizdream.com and take a closer look at our 5-step Rapid Sales Growth Blueprint.

Want to stay on the move? Get our SBD Sales and Marketing Automation App for your mobile and keep tabs on your business everywhere you go.

Best Follow-up Tips for Small Businesses

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Today is the topic that everybody knows they should do but nobody’s doing—follow-up. Most people fail in follow-up—restaurants, accountants. Heck, even my barber fails in follow-up.

So what exactly is a follow-up? Follow-up is a multiple-channel approach. In some studies, getting a customer takes a minimum of seven touches, while others say it’s around fifteen. But it’s going to take a whole bunch of reaching out to get a person from not interested, to engaging with you.

Most Businesses Don’t Follow-up Enough

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Most people are able to do one or two follow-ups, and that’s where about 90% of businesses stop. You followed up but they didn’t answer your phone call. They’re not ready yet. They give you some excuse because they were too busy and didn’t really want to talk to you, so you never call them back. Or maybe you call them back one more time and you get their voicemail and you say to yourself, “That’s it. He must not be interested…he must hate me…he must not like me…he must know it’s me and they’re not responding…I must have done something wrong.”

All of our doubts come in because it’s easier to stop following up and make excuses. You’ve probably made these excuses yourself. I’ve done it many times, but I’ve also not made the mistake and had wonderful surprises. I had, for instance, found out that the guy had just gone on holidays and turned off the cellphone for three weeks, and he’s so happy that I called because now he’s ready.

Why Some Follow-ups Don’t Work

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When it comes to follow-ups, one of the first things that a lot of business people think of is automation.  They assume automation could do all the follow-ups for them, that they can just dump them into an email series and let it follow up them forever. “Oh, and I can make it HTML-formatted, and I can have banners and pictures and videos in all of my emails, ’cause that’ll make it better.”

Unfortunately, most people these days read their emails on their phone. Imagine you’re traveling in, say, the United States. You’re roaming, and somebody sends you an email. You opened it, and it starts to auto-play a video that’s sucking the life out of your roaming rates of your data package. You won’t be so happy, would you? Always be mindful of what you’re sending out in follow-ups.

What Makes a Good Follow-up?

1. Multiple touch. This is key when doing follow-ups. Multiple touch means if you’re phoning, make sure you have a system to remind you when to phone next and what you said last time. In amongst your phone calls, there should be some kind of an automated or semi-automated email going out or some LinkedIn reaching out going on.

2. Value-added. You really want to try to figure out a way to have ‘value-added’ follow-up. It’s not as simple as calling them up, asking if they’re ready to buy yet. You want to feed them helpful information. The 80/20 rule still applies in follow-ups. Eighty percent needs to be just good old-fashioned information—valuable, helpful stuff. Twenty percent can be your sales pitch. You don’t want an overt sales pitch. Writing a big long email that’s actually an underhanded ‘trying-to-be-a-sales-pitch-without-being-a-sales-pitch’ won’t work because your customers see right through that and would disengage.

Follow Up on Multiple ‘Touch Points’

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Email nowadays takes about three and a half days on average to be opened and read. So again, it’s best to get some kind of a system. We recommend Small Business Dream, or some kind of follow-up system that’s going to deal with your automated emails, semi-automated emails, LinkedIn reach out, phone calls, and so on.

Whether you’re a fully digital company or not, phone calls is very much a part of business. Picking up the phone and talking to somebody is still one of your best ways to connect. It also helps move things forward. Have a system that lets you know who you need to call today and why, and what you said last time.

Have a proper contact manager working for you, one that’s connected to being able to send emails easily. Add them to a LinkedIn series or an SMS series, or in our case, we have the ability for clients to put an app on their customers’ phones and send push notifications directly to those people.

You really want to work on your follow-up, and follow up enough. Typically, 7 to 15 touches is the magic number. That means a phone call and an email, and then maybe another phone call and then a text message, and so on. You’ll never know which ones they’d prefer connecting to, so spread it around the medium. You need to divert your systems to only working that way but stay keeping in touch.

Build an Email Strategy

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Tip #1: Create an email list

Everyone should have an email list. If you don’t have an email list, you’re losing probably one of the biggest pieces of gold. I don’t care what business you’re in. Collect an email list,  whether it’s a free newsletter that’s going to give them tips and tricks on the stuff that you know about, or just a, “Hey, jump on our mailing list so that we can send you periodic updates about what we’re up to.” You want to cultivate that mailing list.

Tip #2: Semi-automate your messages

There are ways to automate text messages nowadays. The more effective method is doing a personalized text message. Automation works best if it goes undetected. Best way to do it is to not be completely automated. You can have a message that has the bulk of what you want to say and just put that one sentence that’s personalized. “Hi (insert name), it was so great seeing the other day at (insert place or event).” Once you have that mailing list, you really need to start using it, and use it differently whether it’s an existing customer or a prospect that might be a customer.

Tip #3: Connect often

Probably the number one mistake people make with their mailing lists of prospects is they don’t email often enough. “Oh, if I email them more than once a month, they’ll get angry and remove themselves.” This actually happens when you’re sending them content they don’t want. But if you’re giving them good value, they are more likely to stay.

Tip #4: Give them value each time

If I knocked on your door at 3 o’clock in the afternoon, and you opened the door and I handed you $100, would you be happy that you saw me? If the next day at 3 o’clock I knocked on your door and hand you $100, would you be happy? What would happen on the next day? You’d probably be standing by your door at 3 o’clock hoping that I would knock on the door because I’m giving you value every time.

Now what if I knocked on your door at 3 o’clock, and again at 5 o’clock with a hundred-dollar bill, would you open the door? You’d probably say to me, “Can you just come by like every five minutes? I got a couple of friends that are with me. You can knock on their doors too.” If you’re giving them value, they will open up that ‘door’ (your email) every time. If you’re not giving the value, they’ll unsubscribe.

Even if they’re not opening your email every time, they will create a nice neat little folder where all of your stuff gets dumped into, and when they’re ready to go and see what kind of good stuff you were sending, then they’ll go look. So, it’s important to be sending emails often enough with value.

Create Good Value for Less

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If you’re thinking value is hard, you don’t have to have 395 pieces of value-generated content. You just start recycling it with different headlines. So now, when you send it over and over for the guy who did watch it twice or three times, and he still hasn’t bought yet, nothing is lost. He hasn’t bought anything anyway. But what about the guy that finally read that third time because the headline got him to open it, sees that information for the first time, and decides to engage with you?

We find the same thing on our previous blog on LinkedIn system. It’s not the first time we send them a message. Not the second time. It’s like two weeks, three weeks, a month later when they finally go, “Oh, you know what? I haven’t been on LinkedIn for the last two weeks. I just got your message.” And they know you mean business because you’re different than all the other people that click the ‘connect with me’ on LinkedIn button and never talk to them again.

Plain Text vs. HTML-Formatted Emails

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We briefly talked about a nicely fully formatted HTML email versus not. As we said earlier, most people have their pictures turned off. They’ll not see your pictures and they don’t enable that on a download when they open up your email. Besides, when was the last time you’ve ever opened up a perfectly formatted HTML email that wasn’t trying to sell you something?

What’s really funny is you have a lot of software packages out there—emailing automation software packages—and in order to create value for you knowing that you don’t know what you’re doing, you’ve come to them to buy software to do it for you, and knowing that you’re most likely the person who thinks, “If I make it all graphically and pretty and corporate people will love it,” you’re likely to be very excited that you found a tool that you have a million templates in.

But when you actually a/b test emails and you send out fully HTML formatted with lots of graphics and all that kind of stuff, since most people are looking around a phone, it’s really hard to make it look good. And, again, you’re eating up their data.

But in the end, it doesn’t work because it’s an obvious app. Where if it’s a really quick, “Hey, I was just running out the door…” and you make a spelling error and, “I really just wanted to connect with you because I found this really cool article about bluefish,” and I know you’re the guy that loves bluefish, all of a sudden you’re going to get an engagement. You’re going to create a relationship over that, and that actually had nothing to do with what you sell.

Maybe it had a PS line, but probably not. If it has a PS line it needs to look like your iPhone had a PS line. So, fully formatted doesn’t usually work. Simple, to the point, well-written, copywritten emails with the right word balances, and a message that feels good for the person receiving it, gives them help is a lot better. You may, however, send one every ten emails that’s HTML-formatted.

Examples of Follow-ups and Key Takeaways for your Small Business

1. Carpet Store

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We did a follow-up series for a carpet store—one at three months, one at six months and one in a year.  It took us ten minutes to write, cost us zero dollars to add to the system, and it would go out fully automatic. He was reluctant because he thought that if somebody doesn’t buy carpet when they come into a carpet store and they don’t buy it within the month, they’ve already gone somewhere else. They’re not going to buy from him.

Our argument was, with Vancouver’s real estate and the cost of housing, building permits take forever to get. So, to legitimately do a complete reno that might be a whole house-full of carpet, you might be six months before you get the permit to allow you to even install the carpet. Long story short, after implementing this within a very short period of time, somebody got the 3-month email, their permits came just in for a $14,000 sale.

It’s typical in the carpet industry to have commission somewhere between 8-10%. It was a pretty significant amount of money for just putting in a little email. And I have to say, that steak and lobster that I received as a ‘thank you’ for pushing him to make that email is one of the finest in Vancouver.

2. Software Business

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In our MLM software business, we have email follow-up of prospects. The record is set at about eleven years before someone was finally ready.  We didn’t even send enough emails. Nothing for months at a time. Eventually, we only sent them an annual follow-up. We didn’t know back then that I could pester them every single day and it’ll just be ignored until they’re ready, or they’ll remove themselves.

But who cares? It makes no difference because they’re not a customer. But when you’re the only person following up, they knew the customer service would be there as well. (Same thing happened in the carpet store. Even though the carpet may not have been the cheapest, but the follow-up was there. The customer service was there at the beginning.)

You’re setting precedents that you care enough. The Small Business Dream system sends out a ‘Happy Birthday’ card, a ‘Merry Christmas’ card, and it used to send out anniversary cards (we stopped sending anniversary cards because people sometimes get into marital strife or divorce and we’re inadvertently picking at the scab). We are now doing LinkedIn’s method of anniversary and consider anniversary to be their work anniversary, or the anniversary of when you first signed up to our newsletter.

All of these were just things that made somebody, after 11 year goes, “You know what? You send me a birthday card every year and you’re so amazing.”

3. Real Estate

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I bought eight rental properties, which turned out cash flow positive—all from separate real estate agents. Why? I have a rule as a salesperson and as a student of loving selling. I don’t want to do business with someone who doesn’t follow up. When they did follow up, they were following up with comparables in the area or some very obvious super-canned RE/MAX or Century 21 system that they’re connected to, and it wasn’t personal. It didn’t teach me anything, and they weren’t like, “Hey Dennis, how’s the rental property working out for you? Did you find tenants?” Nothing…just gone. So, I would buy the next one from the next guy, hoping he’d follow up. Not one had followed up after the sale, or if they had, they’d followed up in a way that was completely disengaging.

One of the things we teach in the book, the Small Business Profitability Secrets is how to be a better realtor and how to frame your words your customer likes. Real estate agents need to make that point to their clients. The problem is their clients have no idea what the difference is, nor do they care to hear the explanation.

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We came up with a different way of follow-up that helps realtors like crazy—it becomes a home maintenance tip list. It’s a free thing that everyone can sign up to. It sends them out in the summertime and what summer home maintenance things you can be doing. Just before winter it tells you, “Hey, maybe you should get your furnace checked,” or maybe, “You should get your air conditioner checked…you should get your carpets cleaned two years after you bought your house.” It just gives a bunch of stuff that makes everybody excited to get your next email because it’s going to remind them about something to keep their house in tip-top shape.

So that means they stay engaged for seven years. Not only they stay engaged, but they refer their friends to your amazing house tip. Now you’ve got people telling people about you, and you’re in their face all the time once a month, twice a month. You’re in their face with things that are beneficial to them. Who do you think they’re going to call when they hear someone saying, “I need to find a real estate agent broker”? They’re going to find the persons that was following up.

Final Thoughts

Most people make a big mistake of stopping their follow up when they make the sale. They think, “That’s it…sale’s done…I don’t need to follow up.” You need to continue if they’re on your initial prospecting list, offering things and constantly educating them. If, for instance, they turned into a product-specific customer, obviously that one would stop once they purchased it, unless it’s something that can be repurchased.

It really depends what it was after the sale. Is it a re-purchasable item and you need to remind them every month to get it again, or is it something that you buy once every seven years? If so, then you better find a way to keep them interested in you for seven years for when they’re ready to buy again.

You need to have the ability, once the sale is made, to decide, “Are you sending them into training for that product? Are you just continuing with the general newsletter that gives lots of value and promotes every new thing you have to them every now and then when it’s there?” It really depends. But there’s no question about you needing to follow up on them after the sale was made. Follow up is critical to business. Talk to sales and marketing automation expert about how you can make sure you follow up after the sale because that’s actually where the gold is. Getting them the first time is very expensive. You better keep selling to them. Check us out at smallbizdream.com where you can learn more about our Small Business Sales Blueprint.