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Marketing Goes Way Beyond Paid Advertising

Increase Sales

Back in the Mad Men days, marketing was just paid advertising. Pay big bucks for some high price advertising firm to get you recognized and you will achieve success. You no longer have to pay big bucks for paid advertising to attract attention. What is your gross profit margin? Networking including trade shows.

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3 Reasons to Market Your Small Business Like A Drug Dealer

Sales and Marketing Management

It must be an active strategy where the size is based on the amount of time, money, and resources that can be invested for marketing to prospects. Although drug dealers generally don’t spend a lot of money on marketing and advertising, they are still able to run a very profitable business. Drug dealers don't pay for marketing.

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Mobile Marketing Tips for Small Business

Sales and Marketing Management

One way to boost your visibility and drive qualified leads to your mobile site is through paid advertising, such as Google AdWords or social media marketing. So, if you haven’t invested in mobile advertising already, then it may be high time to do so. Also, ads on mobile apps get higher CTRs than on mobile websites. billion by 2019.

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How to Calculate Your Company's Sales Mix for Increased Profits

Hubspot Sales

Once you have your profit value, it’s time to find the profit margin. Find your profit margin by dividing your profit value by the sale price. Profit Margin = Profit / Sale Price. Let’s use this equation for our multivitamin example: Profit Margin = $26.25 / $35 = 75%. Profit Margin = $14/$35 = 40%.

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Taking the Lead: Why Q4 Is the Time for Small Businesses to Get Aggressive

Sales and Marketing Management

Many small businesses were operating with extremely low margins before the crisis began, some operating at a loss or only breaking even. It will involve developing new advertising and promotional strategies, performing customer research, generating new leads, and creating new product and service ideas.

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One-size-fits-none? Why Customized Digital Marketing is Crucial for Small Businesses

BuzzBoard

A comprehensive small business marketing strategy goes beyond traditional advertising. For small businesses with limited resources, budget-friendly digital options can revolutionize marketing, level the playing field and enable them to compete more effectively with larger firms. Cost-effective solutions also play a vital role.

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How to get referrals and testimonials from satisfied small business clients?

BuzzBoard

Since small businesses often operate on tight margins and schedules, providing a small discount or offering added value in exchange for a referral can work well. When clients are satisfied with your products or services, they become a vital resource for acquiring new customers. Another effective strategy is offering incentives.