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.
![]() |
|
![]() |
|
![]() |
|
![]() |
In the good old days back in the 80s, MLM... Read More
Commonly held wisdom tells us that it is a very... Read More
Once upon a time in Marketing Square, there lived a... Read More
The Ultimate Business Building Goal in MLM.In this MLM training... Read More
MLM, Network marketing is the ordinary person's best opportunity to... Read More
So many times we have seen in this industry people... Read More
The workathome mlm network tool can be used to generate... Read More
I've spent a lot of time and money on trying... Read More
Distributors are paid through compensation plans. These plans consist of... Read More
So...you have joined a Network marketing Company, and you are... Read More
A MLM home business affiliate program is how individuals gain... Read More
When someone asked me, 'John, what is the #1 reason... Read More
So many people ask the same question: Is Multi-level Marketing... Read More
Homebased Network Marketing Mlm has three qualities: control of time... Read More
Talk about total dumbness. I wasted over $3,200 and maybe... Read More
The first time i went for my network marketing business... Read More
Contrary to popular belief (or what most MLM people would... Read More
It is time you started shifting your MLM Success into... Read More
The MLM Rule of Life.Here is a sad rule of... Read More
Have you ever gone to a networking event and talked... Read More
People have been finding ways to make money to make... Read More
Money is a magnifier.That is an awesome thought! And so... Read More
He (or she) who is the first to fail a... Read More
What do you say to a small business owner? How... Read More
Online parties are quickly becoming the better alternative to the... Read More
You don't have to have a lot of people to... Read More
"Honey, I tried to tell you this wouldn't work.""Why did... Read More
By Combining 3 Free Online Tools you will learn to... Read More
Action is the Key!It is true of all business. But... Read More
If you are a representative for a home based business... Read More
There is a question that determines probably 80% of your... Read More
Network marketing is experiencing tremendous growth in the business arena... Read More
There dozens of reasons why any one individual might not... Read More
So you've gotten the training certification, made up your business... Read More
A back-end product is a product you attempt to sell... Read More
I've seen a huge increase in ads relating to Network... Read More
These are time tested tactics that will set you apart... Read More
I want to share my experiences so hopefully it will... Read More
Internet and network marketing are inseparably related today. The phenomenal... Read More
It's really strange! Too many people start an MLM business... Read More
The biggest challenge for most any MLM home based business... Read More
If you wish to start a work at home MLM... Read More
A List for MLM Success.That is what I am talking... Read More
There are many moms that have made the decision to... Read More
The first thing I did was start searching the internet... Read More
Online parties are quickly becoming the better alternative to the... Read More
I have never had such a response to anything in... Read More
Network Marketing success is easy when we tell our stories.... Read More
There are many ways to build an MLM business, and... Read More
A network marketing Internet business is what millions of ordinary... Read More
In recent years people are increasingly looking for extra source... Read More
Network marketing has many aspects, but promotion, persistence, and patience... Read More
What is network marketing?Many of you might be asking yourself... Read More
First of all, let's take a look at your effort... Read More
Let me ask you a very simple question:What is your... Read More
Distributors are paid through compensation plans. These plans consist of... Read More
The American Dream. Quitting your 9-to-5 job to start your... Read More
For years, industry experts have been predicting that video was... Read More
It is sad many people look at previous mlm experiences... Read More
Man.That project is finally finished! And what would it be... Read More
Meaning And Functioning Of MLMMultilevel marketing (MLM), also known as... Read More
Network Marketing, 'MLM', and Multi Level Marketing are all terms... Read More
Did you know you can get free newspaper and television... Read More
Most people want to be successful in life. There are... Read More
A MLM home business affiliate program is how individuals gain... Read More
Not too many years ago we found mlm leads the... Read More
Network Marketing |