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How to Grow Your Small Business with Digital Marketing

By on December 05, 2022 4 min read
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How to Grow Your Small Business with Digital Marketing

Are you looking for ways to grow your small business? In today's digital age, there are a number of different ways to market your business online that can help you reach a wider audience and grow your customer base. This guide will outline some of the most effective digital marketing channels that small businesses can use to get results. So whether you're just starting out or you've been in business for a while and want to shake things up, read on for some great tips!

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Understand the Basics of Digital Marketing

Digital marketing is essential for any small business that wants to compete in today's marketplace. While the basics of digital marketing may seem daunting, it's actually not that complicated. By understanding a few key concepts, you can create a digital marketing strategy that will help you reach your target audience and achieve your business goals.

This can be done through various means, such as search engine optimization, social media marketing, and email marketing. By using digital channels, businesses can reach a wider audience more easily and cost-effectively than with traditional marketing methods.

Additionally, digital marketing allows businesses to track their progress and results more accurately, allowing them to make necessary adjustments along the way. As the world becomes increasingly digital, small businesses should adapt their marketing strategies accordingly in order to remain competitive. With a solid digital marketing plan in place, any small business can reach new heights. Before getting started, you should understand your target audience so you can figure out what digital channels will be most effective for your business. 

How To Identify Your Target Audience

As a small business owner, it's important to identify your target audience. This can help you focus your marketing efforts and ensure that you're reaching the right people. There are a few different ways to identify your target audience.

First, consider who your product or service is best suited for. For example, if you sell products for children, your target audience is likely parents or guardians. You can also look at your existing customer base to see who is most likely to buy from you. Who is most engaged with your brand? Who spends the most money?

Once you've considered these factors, you can start to develop a profile of your ideal customer. This profile should include basic demographics like age, gender, and location and more specific information like interests and buying habits. With this profile in hand, you can start to develop targeted marketing campaigns that are more likely to reach your target audience and convert them into customers.

Reach Your Target Audience With Compelling Content

It's no secret that compelling content is essential for any business looking to succeed online. After all, without quality content, it would be difficult to attract and retain customers. Not to mention engaging content is also a great way to build brand awareness and establish your business as an authority in your industry.

So, how can you create compelling content to help your small business succeed? First, make sure that your content is well-written and informative. It should also be interesting and relevant to your target audience. Additionally, try to mix things up by including different types of content, such as blog posts, infographics, videos, and podcasts. And finally, be sure to promote your content through social media and email marketing. Content isn't helpful to your business growth if it isn't being consumed!

Equal-1 Fundid tip: Are you looking to create more content but are short on time? Try Jasper.AI, the content copywriting tool. Through Fundid, you can get 10,000 bonus credits to start creating content for your small business. Jasper can help you move past writer's block and create blog content, social media posts, email copy, and more! 

Use Effective Marketing Channels

Digital marketing covers any type of marketing that is done online, including through social media, email, search engines, and websites. Here are three of the most common digital marketing channels:

Social Media

Platforms like Facebook, Twitter, and Instagram are great for promoting your business and connecting with potential and current customers. You can share blog posts, product information, special offers, and more on social media.

Top tools to help with your social media scheduling and reporting: 

Email

Email is a great way to stay in touch with your customers and prospects. You can use email to send newsletters, announcements, coupons, and other promotional materials. Make sure you have a strong call to action, so your recipients know what to do next!

Top tools to support email marketing: 

Website

Your website is one of the most important tools in your digital marketing arsenal. Make sure it’s user-friendly and informative so people can find what they’re looking for. Include calls to action on every page (like signing up for your newsletter or product updates!), so your visitors know what to do next.

There are a variety of digital marketing channels you can use to promote your small business. The key is figuring out which will work best for you and your target audience. Experiment with a few different tactics and see what is creating the most business growth.

UENI

Analyze and Optimize Your Campaigns

Whether you have a marketing team for your small business or not, campaign analysis is an essential part of optimization. By understanding what's working and what isn't, you can make changes to improve your results. That's why it is important to set goals for your digital marketing campaigns so you can measure your efforts. 

Maybe you just launched a weekly newsletter and want to get 3,000 subscribers, so you start promoting your newsletter on social media. After 3 months of promoting your newsletter on social media, you aren't seeing an increase in newsletter subscribers. Now would be the time to analyze your campaign and see what changes you can make to hit your goals. Sometimes the marketing channel isn't the right one for your target audience, or maybe your posts don't have a clear call to action for followers to sign up for your newsletter. Be open to analyzing, testing, and optimizing your campaigns to find solutions that work for your goals! 

Try New Trends, But Don't Feel The Need To Do Everything. Your Time is Valuable!

As a business owner, you wear a lot of hats already, and there's always something new to learn. It can be tempting to try to do everything, but it's important to remember that your time is valuable. You don't have to join in on every new trend or platform to succeed. Always consider your target audience and whether these new trends resonate with them. 

Of course, that doesn't mean you should never try new things. Trying new trends can be a great way to stay ahead of the curve and stay relevant. But don't feel like you have to do everything. Pick and choose the things that make the most sense for you and your business. Your time is valuable, so use it wisely!

Explore Tools to Support Your Digital Marketing Strategy

The good news is that there are tools out there to help you grow your business through digital marketing. Whether you want to start email marketing, schedule your social posts, or need a new website, our Growth Partners can help! Explore our Growth Partners and start growing your business through digital marketing. 

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About Fundid

Fundid is driven by a mission to empower business owners on their growth journeys by simplifying business finance & access to capital. 

We spend our time thinking about what the world would look like if the 80% of businesses that have under 10 employees had access to the capital they needed to grow and thrive. We're solving this with our Business Capital, Business-Building Card, and Resources that include our business Grant Match Program.

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