We Need Better Marketing

Marketing an Advertising Business

Marketing an advertising business can be a daunting task for new entrepreneurs. But with consumer demand on the rise, marketing skills are becoming increasingly important for advertising business owners and managers.

In an advertising business, the line between success and failure is based on more than the execution of core competencies.

Strategic marketing tactics can help small advertising businesses scale their visibility with consumers. What small companies lack in resources, they can make up for in marketing intelligence and expertise.

Cost Tracking

Are you struggling to contain costs? That's familiar theme among entrepreneurs who lead an advertising business. You can't afford to waste money on inferior marketing resources. Since every dollar counts, it pays to buy mailing lists from trusted vendors. Good mailing lists are money in the bank; they deliver leads, revenue and most importantly, new customers.

But mailing lists aren't the only way you can reduce costs. Most accounting software solutions have features that allow you to track costs in multiple expense categories and receive alerts when expenses suddenly swing outside of normal parameters.

Customer Awareness

Many of the highest performing advertising businesses go out of their way to maintain clear channels of communication with their customers. In this market sector, managers and promoters need to be extremely familiar with their customers' needs and purchasing preferences. More often than not, failure to maintain a robust connection with the marketplace translates into poor brand recognition and lackluster sales. By improving market awareness, small companies can often establish more meaningful customer connections than their competitors.

Company Website

Technology is changing the way small businesses market their products and brands. The on-ramp for using technology to promote your advertising business is to create a high-quality business website. A shoddy, thrown-together website is a net loss for your organization. To compete online, your website has to contain features and design elements that encourage visitors to drill deeper and incorporate the site into their online routines. Conversion paths are also important. With the proper design, your site can walk new visitors through a series of decisions that culminate with either an online sale, a phone order, a personal visit or a request for more information.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary