Launching a startup requires investment, time, lots of effort, and the ability to turn your hand to almost any task. Life as a business owner is demanding, especially in the early days, where you are responsible for doing everything yourself. By nature, entrepreneurs are resourceful people, able to hold their nerve through problematic situations, and put in the hard work needed to succeed.
The problem is that no one can be an expert at everything, but you can do your best to master all the skills that you need to run your startup successfully. This could be seeking advice from others, reading books to educate yourself on the subject, or relying on the trial and error approach. How you achieve success doesn’t matter. What matters is that you learn from your mistakes along the way, or even better, learn from other people’s mistakes and avoid them yourself.
Marketing is a part of running a business that entrepreneurs can struggle with, so these pointers will help you to avoid some of the most common marketing mistakes and promote your business in the right way.
No Clear Plan
Spending money on marketing your business without a clear plan in place is the equivalent of pouring cash down the drain. Without a plan, you will not have a clear idea of what you want to achieve from your marketing campaign, or how you will measure its success.
Having a clear marketing plan is crucial to success; you need to be able to analyze the results of your marketing campaign and to calculate your return on investment (ROI) so that you know what does work and what doesn’t.
Don’t worry if you are unsure about how to pull together a marketing strategy. It is far better to get professional advice from a marketing company (such as Allegra, Agora, or anyone that you trust) than to waste time and money trying to do it yourself.
Targeting the Wrong Audience
Within your marketing plan, you will need to outline the target market for your products or services and how you will reach them. Different marketing methods work better for different target audiences.
If you don’t know who your customers are and then target your marketing activity accordingly, you could be taking the wrong approach completely.
Do some market research to establish exactly who your target audience is and how you can best reach them through your marketing activity.
Inconsistent Branding
Your branding is the face of your business. Your ultimate goal is to make your brand identity so strong that people recognize your brand immediately. Inconsistent branding disrupts the recognition of your brand and is confusing for your customers.
Your branding should reflect your target market and suit the personality and characteristics of your brand. Your branding should remain consistent to help speed up people’s recognition of it. This means that your logo should be used consistently – the same font, same color scheme. Your entire business should be consistent with your brand from product packaging, through to the design of your website.
Not Getting Professional Help
Marketing is not always easy, and that’s why there are businesses out there who are dedicated to helping others be successful. Your business doesn’t want to be one to fail simply because you refused to get the help that you need. As such, make the decision to find a marketing agency that specializes in your profession, and get their help moving forward. The benefits of this outweigh the cost, and you will see improved results quickly.
This is a contributed post.
Discover How We Help Startups Scale To 100,000 Users And Beyond.
Enter your info below, and we’ll send you a complimentary white paper that shows you exactly what you need to do to scale your startup.