What Do you Do if Your Web Marketing Budget is Tiny?
A tiny Web marketing budget doesn't necessary need to be a
bad thing. On the contrary, this can be an opportunity for you to augment your
ideal customer profile with more specific, up-to-date details about the
relevant age brackets, gender groups, locations, professions, relevant
interests, content viewing preferences and Web browsing habits of your target
prospects. This means a tiny budget can be used to create startup Internet marketing campaigns to generate beneficial
results for your product development, site optimization and online marketing
campaign improvements.
However, you should still optimize your online campaigns
even if you have a smaller Web marketing budget. That's because, as always, almost everyone wants to get
the best bang for their money, right? And, through the following simple-to-do
tips, you'll be able to increase your chances of getting significant results
from your Internet marketing campaigns:
Quick & Easy Tips to Optimize Your Start-Up Web
Marketing Campaigns
1. Identify the best performing competitors in your niche
at the moment, in terms of establishing an Internet presence and gaining
traction across the online places where your target audiences hang out. You can
do this by using Web tools like SimilarWeb among others. These can provide
updated details and estimated traffic stats of your competitors. You'll be able
to use these details when you're optimizing your start-up Web marketing
campaigns, especially since you'll be able to pinpoint the third party sites,
ad platforms, Web communities and social networks where your competitors
promote their brand and offers, either through paid ads, or organic content
placements.
2. Study the best performing ads and content placements of
your competitors. Take note of the techniques they used to craft their ads and
marketing materials. Also study how your target prospects react to their
placements. Determine the online places where your competitors get the best
click thru rates (CTRs) and user engagement stats. These details will be helpful
while you're creating your startup Web
marketing campaigns.
3. Create another shortlist of brands and products that are
laterally relevant to your ideal customers. Check out their traffic stats and
the websites and networks where they place relevant ads and organic content.
Also study how your target audiences react to their Web marketing materials,
offers, apps and so on.
4. Identify less competitive, non-overly saturated online
places and Web networks that are relevant to your best performing direct competitors.
Study if you can create optimized Web marketing materials, and if you can use
any of these sites and networks for paid ad and organic content placements.
Remember, your objective is to develop ads and organic content that will be
more captivating, engaging, interesting and compelling for your ideal viewers
than those of your competitors.
5. Determine the most viable Web places and online networks
that are used by the brands and products you've identified to be laterally
relevant to the needs and interests of your target audiences. Because you won't
be directly competing against these brands and their latest offers at these
organic content platforms and ad networks, you won't be affected too much by
competitor saturation. However, keep in mind that your objective here is to
develop Web marketing materials that would still be relevant, captivating,
engaging, interesting and compelling for your ideal viewers.
6. At this point, create small start-up Web marketing
campaigns across these two groups of paid ad networks and organic content
platforms. Track and monitor the results of your campaigns. Drop the things
that aren't working, and improve on those that generate viable results. Once
you begin to see positive results for your business bottom-line from a
particular set of online networks and Web platforms, you'll be able to decide
to scale up your efforts in those places.
That's how you make good use of your tiny Web marketing
budget. Also, keep in mind that not too many viewers immediately buy the first
time they see an ad or helpful content about a relevant product that they want.
This means you should optimize your startup
online marketing campaigns by ensuring that you push an offer they can access
by simply giving you their contact details like their emails or mobile numbers.
This way, you'll be able to follow up with them, establish a friendly
relationship and increase your chances of converting them into buyers.