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small-bizXpress

Articles and opinions on small business and entrepreneurship

3 Steps to Take Before You Setup Your Small Business Marketing Strategy

Tuesday, October 10, 2006



Along with your business plan, your small business marketing plan is one of the most important long-term plans you'll make for your small business.

Brandt Stoht, from the smallbusinessmktng.com has three steps to setup your small business marketing strategy:

1. Know your market
Ask yourself: Who are my customers? Once you've identified who they are, ask yourself: What are my customers' problems? What are their dreams and aspirations? The surest way to answer those 3questions, of course, is to ask your customers themselves.

2. Know yourself
Ask yourself: What does my business do? How is my business different than my competitors? How does my business help solve my customers' problems or help them achieve their dreams? Brandt Stohr advises answering these questions will help you to define your unique selling proposition those aspects that set you apart from your competitors.

3. Analyze your competitors' small business marketing strategies
First, look at your competitors' small business marketing strategies. Are there obvious gaps that you could fill (and thereby stand out among the competition)? For example, if you see that none of your competitors have websites, you could stand out with a small business marketing strategy online.

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