Why Use Social Media As A Marketing Tool?

Why Use Social Media As A Marketing Tool?

Strategy
I read an article this week that made my jaw drop! It talked about how 64% of small businesses don’t think social media is important. What?! If this is the case, this means these business aren’t incorporating social media into their marketing strategy. My only caveat: there was a small sampling of business owners, and stats can always be misconstrued. However, these stats are alarming, sample size and industry aside, so I was compelled to discuss. I could write a thesis on the value of social media but neither of us has time for that. I will give you some answers to help bridge the social media divide, from the perspective of a person who started a marketing career before the age of the internet and social media, back when we…
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Marketing Budget Mindset: Tightwad or Splurger?

Tips and Tools
For some reason, when people are starting a new business venture, they usually fall into two camps when it comes to marketing budgets: tightwads or splurgers. Typically, the tightwads don’t want to spend money on anything, thinking their grand business concept will appeal to everyone and magically lead all these fascinated customers straight to their sales door. At the other extreme are the splurgers, who throw money at their new concept and buy a bunch of promotional items they call “marketing” with the business name plastered all over everything. If I gave you a keychain with my business name on it, how can you possibly NOT buy something from me? Yes, I'm being sarcastic. If you even remotely recognize yourself as falling into one of these categories, listen up: run to the…
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