Home-based businesses generally lack the large marketing budgets of bigger companies, but a smaller budget doesn't have to stop you from engaging in clever and effective campaigns.
When marketing on a budget, you need to "think outside the box" and go beyond the obvious marketing approaches. Direct mail and banner ads, for example, are one way to go, but if your competition is using similar methods, you need to differentiate yourself.
Below you will find a few unique ways to boost the exposure of your home-based business and generate more sales without depleting your budget.
Idea #1 Offer Something for Nothing
One of the biggest ways to draw a crowd off- and on-line is by offering something for free. In particular, something that will be of interest to your target audience.
For example, if you sell arts and crafts, you might offer a free guide to craft shows in North America. If you sell collectibles, you might offer a free newsletter of tips and news relevant to collectors. If you sell marketing books, you might offer free articles about marketing.
When you provide these types of freebies, people will flock to your site. Some may only be interested in your free stuff, but others will take the next step and become full-fledged customers.
Remember that whatever you give away has a high perceived value, but costs little to produce.
Idea #2 Join On-line Discussion Groups
No matter what you are selling, chances are there's a discussion group on the Internet patronized by your target audience. The key is to find the right ones and become a member.
Once you find that group, start visiting the forums and message boards and responding to questions regarding your area of expertise. You should create a subtle signature file to post along with your responses. This file should direct people to your web site for further information.
Does this method work? One person who used it earned $6000 just from efforts involving discussion groups.
Idea #3 Consider the Charitable Angle
People enjoy making a contribution to worthy causes and doing business with companies that try to make a difference in the world. Consider setting aside a portion of all sales as donations to a specific charity. Make sure to select a charity with a wide appeal and a good reputation. Don't forget that these donations also make appropriate topics for press releases which could bring you even more attention and sales.
Idea #4 Repackage Products
After a product has been available for awhile, sales naturally decline. You could lower the price or even discontinue the product altogether as solutions, but a better way to boost slow sales is to repackage those old products and sell them in a whole new way.
Consider bundling multiple products together for one price or offer the older product as a free gift to new customers. You may also want to try it out on a totally new target audience. Simply taking the time to revamp an old product, perhaps with the addition of a new chapter or special feature, can allow it to be sold as an all-new version.
Repackaging can help you boost sales and extend the profitable life of your products.
Idea #5 Sell Yourself as an Expert
No matter what you sell, you are proclaiming yourself to be knowledgeable and experienced in that industry. People want to believe that you are an expert who they can trust with their hard-earned cash. You want to convince people that you are an expert who has products that deliver what you promise.
One of the best ways to do both of these things is to become a speaker on topics related to your industry and to home-based business in general. Speakers are needed at a variety of functions, including trade shows, chamber of commerce functions, high school/college career festivals, and more.
Another way to position yourself as an expert is to become a part-time teacher in a college or community center where you share your knowledge of business and your industry with others. Or consider becoming an author. You could write an e-book related to your business which could gain you considerable recognition as well as revenue.
Any of these methods will help you market yourself as an experienced professional worthy of potential customers' attention.
With these five ideas and a little creativity, you can take steps to set your business, your product, and your marketing apart from your competition.
Vishal P. Rao is the owner of: http://www.work-at-home-forum.com/ An online community of people who work at home.
![]() Google News Updated : Sat, 05 Jul 2008 18:55:12 GMT Barack Obama now wears his patriotism on his lapel - Los Angeles Times
Los Angeles Times - Jae C. Hong / AP FLAG-WAVER: Sen. Barack Obama and daughter Sasha are onlookers at an Independence Day parade in Butte, Mont. Tired of having his patriotism questioned, the Democratic candidate has made Old Glory a major visual element of his campaign. In Montana, Obama Tries to Rally Support on Iraq In Montana on the Fourth, a Barometer of Obama's Chances Publ.Date : Sat, 05 Jul 2008 06:25:05 GMT Target: Barack Obama. Strategy: What Day Is It? - New York Times
New York Times - By PATRICK HEALY Despite a three-month head start, Senator John McCain has struggled to solidify lines of attack against Senator Barack Obama for the general election, Republican operatives say and some of his own advisers acknowledge, running into ... US candidates practise their U-turns Obama Predicts Political ‘Realignment,’ Tries to Put Montana in Play Publ.Date : Fri, 04 Jul 2008 23:37:50 GMT 2 fires still raging along Calif.'s Central Coast - The Associated Press
The Associated Press - BIG SUR, Calif. (AP) - Cool, damp weather early Saturday helped crews gain ground on the huge wildfire that wiped out this coastal retreat's holiday tourist trade, allowing some personnel and gear to be shifted to a growing blaze farther south Nearly ... Video: Wind Keeps California Wildfires Raging Gov. sending in troops to fight Cal wildfires Publ.Date : Sat, 05 Jul 2008 18:01:11 GMT Study suggests serotonin plays a role in SIDS - Los Angeles Times
Los Angeles Times - Mice who overproduced the brain chemical showed symptoms similar to those of the infant syndrome before they died. By Wendy Hansen, Los Angeles Times Staff Writer Mice genetically engineered to overproduce the brain chemical serotonin died at an early ... SIDS Linked to Brain Chemical Dysfunction Chance discovery points to crib death cause Publ.Date : Sat, 05 Jul 2008 07:03:56 GMT European Bonds Post Fourth Weekly Gain on Interest Rate Outlook - Bloomberg Bloomberg - By Anchalee Worrachate July 5 (Bloomberg) -- European two-year government notes rose for a fourth week, the longest winning streak since February, as traders pared bets policy makers will lift interest rates again this year after raising them two days ... Fighting Inflation, Europeans Raise Rate Bernanke's French Lesson Publ.Date : Sat, 05 Jul 2008 07:22:39 GMT African Union Weakened by Summit Inaction on Zimbabwe - Voice of America
Voice of America - By Peter Heinlein The African Union's reputation suffered a setback during the past week when its leaders faltered in the face of Robert Mugabe's blunt challenge to democratic norms in Zimbabwe. Q&A: Zimbabwe's disputed election Recognise me as Zimbabwe president or no talks: Mugabe Publ.Date : Fri, 04 Jul 2008 18:02:07 GMT Obama and Clinton, Together Again - Washington Post
Washington Post - By Jonathan Weisman BUTTE, Mont. -- Putting their money where their mouths are, Barack Obama and Hillary Rodham Clinton will appear together three times over two days next week, raising money for each other and further advancing the Democratic cause of ... Obama and Clinton Will Raise Funds Together Next Week in NYC Obama, Clinton to hold joint fundraisers in NY Publ.Date : Sat, 05 Jul 2008 17:26:50 GMT How to Earn Money At Home |
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