Three core Internet marketing strategies for small business…
Any small business that now thinks that the Internet is a passing fad is blind to the facts. There is still much confusion among small business owners about how to utilize the web to the marketing of their own small business. Marketing your small business on the Internet does not need to be expensive, nor does it need to be complicated.
There are many small business marketing opportunities available, just like in the real world.
For small businesses Internet marketing can be a surprisingly low-cost way of promoting your local small business. This promotion can be targeted locally, regionally or across the globe.
So, these Internet marketing strategies are? How are they applied?
There are numerous approaches, and this is where most people get confused. In essence there are THREE main approaches to small business Internet marketing, being…
1. PPC search marketing (Pay per click marketing, and its different versions), and… 2. Hyperlink marketing (commercial links used within content on a specific topic), and… 3. Natural search marketing (all involving original content).
And, what are the benefits/ costs (pros and cons) of these approaches?
1. PPC SEARCH MARKETING:
Paid search marketing is paid advertising. You pay for your ad to be placed before people searching on specific keyterms. The effectiveness of your PPC campaign is directly related to the keyterms you chose to use, as well as the sales path you set up on your landing page (where people land when they click on your PPC link).
The PROS: You get your ad before prospects quickly.
The CONS: A) This is a specialist skill. If you don’t know what you’re doing you can lose a lot of money, fast! B) Hiring a PPC specialist can be expensive. C) You have to continue to run your PPC ads. D) Competition for commercial keyterms is fierce. This continually drives their cost up, and you only get to play as long as you continue to pay.
2. IN-CONTEXT LINK MARKETING:
By utilizing other people’s keyword focused and existing content you’re able to promote your local business (say you’re an accountant) via other people’s focused content. This is a commercial pay per click arrangement between the content creator, yourself (the advertiser) and the in-context web system that matches the two parties in the arrangement.
The PROS: Information is the currency of the Internet. When you use these embedded hyperlinked, and within context ads correctly they can be a very effective advertising medium for small business. The clickthroughs may be lower than the PPC model, but the quality of visitor is usually much higher.
The CONS: A) Competition for commercial keyterms is fierce. This continually drives your costs up. And, you only get to play as long as you continue to pay. B) You have limited control over where these hyperlinks are placed, because it’s the In-Context advertising system that places these links in the participating publisher’s content for you. C) To get best results here one needs to utilize specific landing pages for the clickthroughs from your different ads. This is called the search path, and again it’s a specialist skill that’s needed to set up good search path landing pages.
3. NATURAL SEARCH MARKETING:
Natural search is where people go to the Internet, type a keyterm into a search engine, and the search engine returns a list of the most appropriate web page on the web with has that keyphrase in it. When done correctly this marketing method has significant benefits for small business marketing their bricks and mortar businesses on the web.
Note: SEO is a term used to describe the optimization of web pages. Search marketing is different (though related). Search marketing integrates SEO and information search paths to better interface with the web user searching for specific information.
The PROS: With natural search marketing tactics properly applied to the marketing of a small business it has a distinct advantage on the net. Why? Well, marketing analysis has determined that people purchase 90% of their needs from within a 10 miles radius of where they actually physically live. As people use the web more and more in daily life it is natural that if these same people find YOUR local business when they search the web for a solution to a problem that YOU then become their chosen solution. This is search marketing in action, locally.
The CONS: A) Search marketing strategies require more effort than the potential throwing money at the wall techniques of the other strategies. B) It can be a slower approach than the other methods discussed. However it has been proven time and again that search marketing is an ideal and cost effective method for small businesses to use on the net.
And so, to summarize… There is great divide between those business who understand the web and how to market on it and those who don’t. However, your opportunity to market your own small business on the web is now, while this confusion still exists in the marketplace.
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