Small Business Marketing

Notes from a meeting I had recently for small business marketing using the 6 categories of the marketing matrix.

Preparation

  • What time do you have available? What distractions are there to steel your time?
  • What budget do you have?
  • What skills do you currently have?
  • What resources do you currently have? (Outsource availability, staffing, intellectual property, existing products)
  • What is the shape of your Network? (Contacts, circule of influence, online social presence, etc)

Research

  • SIPOC analysis of suppliers, customers, and production process of any new and existing products that will be used.
  • Market research
  • Competitor research
  • Develop
  • Product
  • Relationships
  • Web presence (social, website)
  • Positioning (persona, on a ‘lucky crusade’, and statement)

Conversion

Testing. Offer. Copy. Bonding. Launch. Customer cycle (front-end / back-end), Segments, Data management.

Traffic

See the main traffic section page for information on the 5 core online marketing channels.

Tracking

Metrics for:

  • Optins per source
  • Customers per source

Test and select ruthlessly:

  • Profitable traffic sources
  • Profitable offers
  • Profitable segments
  • Profitable services
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