Niche Market Marketing Tips

Marketing a Jewelry Contractors Business

There is little room for error in marketing a jewelry contractors business in today's economy. Fortunately, we have the information you need to stay ahead of the curve and outperform the rest of the field.

Need to improve the effectiveness of your marketing channels for your jewelry contractors business? That's becoming a common theme these days, especially in this market sector.

In this industry, long-term survivors build their strategies around a core of marketing essentials.

Measurement & Evaluation

Performance is the ultimate measure of quality. You can improve the quality of your B2B and B2C efforts by considering professional mailing lists provided by established vendors. That's just one of the ways jewelry contractors businesses may be able to increase the impact of their marketing tactics. However, there are no substitutes for measurement and evaluation mechanisms. Each marketing campaign should be subjected to quantitative analysis, paying close attention to the amount of new and repeat business it generates for your company. If a campaign or technique fails to meet your expectations, carefully evaluate the reasons for the failure and adjust your marketing mix accordingly. Simple quantitative tools are a good start. However, jewelry contractors businesses frequently go outside of the organization for expertise.

Why Branding Matters

A good brand has value for both your balance sheet and earnings statement. Any and every jewelry contractors business has brand characteristics. Smart marketing strategies differentiate and reinforce brand identity. By investing in brand awareness and positioning, you increase the trust factor and make it easier for consumers to choose your business over less-known competitors. In certain situations, branding can be used to establish dominance in specific product categories or service areas.

Viral Marketing

Viral marketing is one of the most elusive marketing techniques in a small business owner's arsenal. By including viral elements in a campaign for a jewelry contractors business, you ultimately have to cross your fingers and hope for the best. But despite the risk, viral marketers can influence the likelihood of success. Social media and other online vehicles can seed a viral marketing campaign, but you'll need to nurture their development through direct customer interaction as well as other techniques.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary