Small Business Marketing Trends
Small businesses are facing more and more competitors in today’s demanding landscape, which leaves them struggling to keep up with all the different trends that come and go. The biggest struggle seems to be which trends are relevant and can help the business, as well as resonate with the target audience, and which ones should be avoided.
Plenty of businesses strictly work business to business (B2B) or business to consumer (B2C). However, if companies are looking to build meaningful relationships with their target audience, they should adopt a human to human approach. These companies should provide the audience with experiences that can cultivate that deep emotional connection with people and create a relationship where the audience is very invested in the brand. Ultimately, they should strive to create personal, empathetic, inspirational, conversational, and humorous communication.
There is no reason why businesses should be wary of making audiences feel heard by opening up dialogues about things the public is interested in. This way, companies can leverage this collaborative power that they’ve stirred in the community through user-generated content, as well as crowdsourcing campaigns. With these efforts, small businesses can engage with the audience in authentic ways and develop a meaningful relationship with the right people, who are going to care for the brand’s success.
Technology is constantly evolving, and it seems that there is something new for people to try out and explore every other week. However, the best marketing strategies should be inspiring the audience and make these people feel connected to the brand. That’s why businesses should add technology to their campaigns that have a purpose and add interactive elements that can support the ideas we mentioned. There is no reason to use technology simply for its sake, and businesses should strategically select what will work best with the company’s ideas and mission statements.
One of the most popular and powerful parts of communications in recent years is the hashtag, as they are an effective way for information to be classified online. This way, everyone can streamline conversations and create memorable experiences shared with others across different social media platforms. Businesses should find creative ways to use their hashtags and allow audiences to participate and interact with them both live and online, to help stay relevant and activate meaningful connections with an audience that can share messages on the company’s behalf – essentially becoming brand ambassadors on their own.
This is the perfect time for small businesses to stop thinking about the traditional definition of return on investment (ROI) and think about their return on innovation. This type of ROI focuses on the long-term effects of innovative marketing campaigns for the business. Companies should also start looking for ways to measure engagement, brand perception, as well as the memorability of each campaign they create and distribute to the public for effective ways to build connections with the target audience.