{"id":729,"date":"2022-02-23T10:23:57","date_gmt":"2022-02-23T10:23:57","guid":{"rendered":"https:\/\/lite1.7.siitgo.com\/blog\/?p=729"},"modified":"2022-02-23T10:23:57","modified_gmt":"2022-02-23T10:23:57","slug":"7-low-cost-marketing-tips-every-startup-can-afford","status":"publish","type":"post","link":"https:\/\/lite1.7.siitgo.com\/blog\/index.php\/2022\/02\/23\/7-low-cost-marketing-tips-every-startup-can-afford\/","title":{"rendered":"7 Low-Cost Marketing Tips Every Startup Can Afford"},"content":{"rendered":"<p><img src=\"https:\/\/thumbor.forbes.com\/thumbor\/fit-in\/1200x0\/filters:format(jpg)\/https:%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F5e0acdf4ab5be6000762a485%2F0x0.jpg\" \/><\/p>\n<p>The struggle to stay cash positive is one of the most dangerous and life-threatening for startups. The Minority Business Development Agency (MBDA) estimates the average cost to start a business at around $30,000. This figure varies widely, with some businesses starting for as little as $100 and others requiring millions.<\/p>\n<p>Remember, these are just startup costs. All the while, new businesses are struggling to secure enough revenue to stay afloat.<\/p>\n<p>In this desperate financial balancing act, most entrepreneurs abandon investments they deem unnecessary, like marketing and advertising. The cruel irony is that ignoring marketing completely stunts a company&#8217;s growth, leaving it with less revenue and a tighter budget.<\/p>\n<p>Not surprisingly, marketing gets the axe frequently, with roughly 80% of entrepreneurs unable to measure marketing ROI.<\/p>\n<p>That said, effective marketing doesn&#8217;t have to be expensive. Some marketing strategies are more visible and consistent than others, but there are plenty of highly effective \u2014 and low-cost \u2014 marketing strategies you can use to grow your startup. Here are nine low-cost marketing tips:<\/p>\n<ul>\n<li>Referrals<\/li>\n<li>Content Marketing<\/li>\n<li>PPC ads<\/li>\n<li>SEO<\/li>\n<li>Press releases news features<\/li>\n<li>Self-promotion<\/li>\n<li>Social media marketing<\/li>\n<\/ul>\n<h4>1. Referrals<\/h4>\n<p>One of the best ways to market is to let your customers do it for you. Consider that people are four times more likely to buy a product if a friend recommends it.<\/p>\n<p>Despite tech magazine reviews, we trust personal recommendations the most. Moreover, establishing a referral program is inexpensive, and in some cases, free. If you really believe in this strategy, you could offer current customers a discount on their subscriptions or a cash reward for referring new customers.<\/p>\n<h4>2. Content Marketing<\/h4>\n<p>Content marketing comes in many forms and costs little. The simplest approach is to maintain an on-site blog with fresh content added weekly that informs or entertains your readers.<\/p>\n<p>Content marketing includes infographics, videos, and podcasts. All of these content types can help improve your brand&#8217;s reputation, increase inbound traffic, and complement other strategies.<\/p>\n<h4>3. PPC ads<\/h4>\n<p>Pay-per-click ads can get expensive if you target high-traffic head keywords, but there are niches and platforms that are budget-friendly. For example, on Facebook, certain ads can be purchased for as little as $1 per day.<\/p>\n<h4>4. SEO<\/h4>\n<p>If you&#8217;re writing articles for your content marketing campaign, why not invest in SEO?. It may appear difficult, but with a little reading and dedication, you can easily grasp the basics. You can use online tools like Moz&#8217;s Keyword Explorer to find relevant keywords that have low competition and then tweak your site to include them.<\/p>\n<p>Create high-quality content and build links to your domain. It&#8217;s a lot of work, but the only cost is time, and the long-term benefits are enormous.<\/p>\n<h4>5. Press releases news features<\/h4>\n<p>People read the news, and most news outlets will gladly report your story for you. You can get your brand mentioned in major publications for a relatively low cost. Press releases can be a free marketing strategy if you do all the research and emailing of journalists.<\/p>\n<p>A release syndicated through a service like PR Newswire may cost several hundred dollars. Get yourself referenced by donating to Help a Reporter Out (HARO).<\/p>\n<h4>6. Self-promotion<\/h4>\n<p>Personal branding is similar to corporate branding, but it applies to you as an individual. Then you&#8217;ll promote yourself and your expertise on social media, and maybe even a separate blog, gaining new followers and traffic.<\/p>\n<p>People trust people more than corporations, so you&#8217;ll eventually have a powerful outlet to syndicate your content or attract new leads \u2014 all without spending a dime.<\/p>\n<h4>7. Social media marketing<\/h4>\n<p>Social media marketing isn&#8217;t something you can do on the side, but it is something you can learn if you put in the effort. Create a business profile on major social media sites like Facebook, Twitter, and Instagram. Compile a list of content that your target market will enjoy.<\/p>\n<p>Reach out to people and stay connected. With time, you could amass a tens of thousands-strong audience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The struggle to stay cash positive is one of the most dangerous and life-threatening for startups. The Minority Business Development Agency (MBDA) estimates the average cost to start a business at around $30,000. This figure varies widely, with some businesses starting for as little as $100 and others requiring millions. Remember, these are just startup &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/lite1.7.siitgo.com\/blog\/index.php\/2022\/02\/23\/7-low-cost-marketing-tips-every-startup-can-afford\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;7 Low-Cost Marketing Tips Every Startup Can Afford&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.9.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>7 Low-Cost Marketing Tips Every Startup Can Afford - Lite1.7 Blog<\/title>\n<meta name=\"description\" content=\"The struggle to stay cash positive is one of the most dangerous and life-threatening for startups. The Minority Business Development Agency (MBDA) estimates the average cost to start a business at around $30,000. 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