10 Free & Low Budget Advertising Ideas For Small Business Starting Out In 2021
You may find it difficult to get your name out there if you have a limited marketing budget for a small firm. When it comes to marketing your business, there are several options available that don't need any money.
It's unlikely that you have the time to investigate and find these free marketing concepts, so we've done it for you. So let's get started with these budget-friendly marketing ideas.
10 Budget-Friendly Small Business Marketing Ideas
1. Create a Google My Business Account
Having a Google Business Profile is one of the most successful free marketing tactics for small companies, particularly in the local area. Google Maps, the local part of Google Search, and the right-side Knowledge Panel for sponsored queries are all included in this free listing.
Google My Business is a great tool for verifying the ownership of your business, but in order to maximize your business profile on Google Maps or local search results, you must first have confirmed ownership of your business.
2. Foster Strategic Partnerships
New firms should consider partnering in order to create long-term, win-win connections. For example, he is aware of a joint venture between an electrical contractor, a plumber, and an HVAC specialist.
A unique offer from one of the other two partners would be left at each of their service calls. You may assist your strategic partners to deliver value to their customers while also gaining awareness for your firm by doing something like this.
3. Deploy Free Publicity Tactics
"Cheap" marketing is all about having your product or service mentioned in a local or national media outlet. However, there are also numerous niche-specific websites that your target audience may visit. To gain free media attention, you need a compelling tale to tell: Do you have a story to tell that others would enjoy reading?
Which of the following best describes you: a notable accomplishment or a novel product? What unexpected benefit has your product provided to a customer? If you've had a similar experience, you may pitch it to the authors and outlets that are most likely to be interested in hearing about it.
4. Maximize your Social Media Investments
When it comes to attracting new customers, many firms nowadays utilize social media platforms like Instagram, LinkedIn, or Facebook and use a video ad maker to share video ads, along with updates, images, blog articles, and early customer success stories.
When it comes to setting up social media accounts for a company, it's free and most networks provide additional interactive features for companies and low-cost advertising choices that allow you to target your audience depending on demographics. According to HubSpot, the average cost-per-click on an Instagram ad is between 70 cents and $1.
5. Deploy Hashtags on Social Media
Include hashtags in your social media postings for an additional free marketing strategy that may help you reach a wider audience. This is true for platforms like Instagram, Twitter, and TikTok, but it also works for Facebook and LinkedIn.
When using hashtags, don't rely only on broad or trendy hashtags to strengthen your brand identification. You may use more precise hashtags (similar to long-tail keywords) to provide resources or advice.
As a local company, you need to use location-based hashtags. Don't forget to include your own hashtags in the mix! In order to get your postings in front of the right individuals, use a variety of hashtags.
6. Apply for Business Awards
Every industry has an online badge you may put on your website if you win a business award. The use of badges such as these might help to enhance sales by enhancing the company's trustworthiness.
In the event that there are no awards in your field, consider putting on your own! When other firms in your field wish to apply for the award you've created, you'll be able to expand your network of potential collaborators and business partners.
7. Create & Publish Great Content
This method is incredibly successful and doesn't need a large expense if done correctly. As a bonus, Google favors high-quality material that responds to the queries of its users, so this shows your authority, competence, and sincere desire to help your audience. Consequently, it increases the visibility of your website on Google and generates more free visitors.
Think you're not good at writing? Remember that effective content helps educate your audience with straightforward, easy-to-understand language—not fancy jargon, but rather the phrases your audience uses to gain answers to issues relevant to your goods or services. To avoid this, don't be a showboat and just offer your knowledge.
8. Leverage Employees for Brand Promotion
Word-of-mouth advertising is a critical component of the marketing mix for many small firms. According to research, a product or service is more likely to be purchased by strangers, so imagine the impact of a friend or family recommendation.
You may make use of the enormous potential of your workers' networks by treating them well and encouraging them to become brand ambassadors. What better way to get the word out about your company than to use the voices and social networks of your employees?
Organize a "friends and family" discount sale every now and then to keep your customers coming back for more.
9. Host Classes & Events
Consider organizing a community event, such as a class or workshop, and then print up posters and distribute them throughout town (libraries, coffee shops, local colleges, and adult ed centers). Community bulletin boards are typically more than delighted to post a flier for an educational event or class even if they are usually not allowed to post commercial ads.
Consider attending any local events that could assist your company even if you can't organize one. Finding a new consumer or business partner might come from the most unexpected of places.
10. Host Social Media Giveaways
It's a clever and cost-effective marketing tactic to run a social media contest or giveaway. A reward or free product service may be necessary, but the increased number of participants and new prospective leads that result will be well worth the cost.
Is your budget severely limited? To attract participants, you don't need to provide a very costly reward. Even a few high-end water bottles or stylish backpacks may be enough to entice some people.
Wrapping Up
Finally, no list of small business advertising ideas would be complete without a suggestion you may not have considered before. So, think about putting up physical advertisements in unique places. Advertisements in or near elevators and escalators fall under this category. Advertising space on grocery store shopping carts is also available for purchase.