Marketing as a small business presents several challenges. Between budgetary constraints and a lack of clarity about the right ways to market a business, it’s no wonder that marketing is often a small businesses least favorite business function. But it’s probably the most important. It’s crucial to maintain an ongoing marketing and lead generation strategy to yield beneficial outcomes for your brand.
7 Common Marketing Challenges + How to Solve Them
Don’t Let These Challenges Interfere with Growing Your Company
Marketing as a small business presents several challenges. Between budgetary constraints and a lack of clarity about the right ways to market a business, it’s no wonder that marketing is often a small businesses least favorite business function.
But it’s probably the most important. It’s crucial to maintain an ongoing marketing and lead generation strategy to yield beneficial outcomes for your brand. One of the keys to successfully marketing a company is consistency along with a clearly defined strategy.
Marketing is often bumped in priority when client or personnel issues arise. Over the years, we’ve witnessed a handful of challenges again and again. These challenges are common in organizations of all sizes and in different stages of the business lifecycle. By building and an awareness and understanding of these issues, you’ll be better equipped to solve these challenges when they arise.
Biggest Marketing Challenges
The challenges listed below are the most frequently encountered by small businesses, no matter the industry or offering.
Many small businesses feel the size of their budgets will restrict their marketing efforts. So why try? Big brands usually have larger budgets with more online marketing resources, making smaller companies feel like their efforts will get lost in the shuffle. Despite being a common misconception, budget size doesn’t equate to the outcome of marketing efforts. Larger budgets bring more marketing opportunities to explore, however, the execution is far more important than the budget.
Small businesses may lack the budget, but a solid marketing strategy and execution will still yield excellent results. There is plenty of room on the internet for small businesses and large corporations to co-exist and succeed no matter their budgets.
Lack of Systems and Processes
No matter the size of the business, finding new ways to organize and streamline operations is key to successful marketing. Marketing in the digital world requires managing multiple channels where you can interact with audiences. It’s easy to get overwhelmed. Developing specific systems and processes will save precious time and ensure brand continuity along the way.
Do you have an onboarding process for new clients or new employees? Utilizing a similar approach to your marketing will ensure you have clear documentation and the foundation for scaling your marketing over time.
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Content for Sales Teams
Is your sales team fully leveraging the content you produce? Many organizations create valuable content for their audiences but fail to use it in the best manner possible. Sales teams can use content as part of the lead nurturing process to help inform prospects about the business. Not many small businesses think about repurposing their content for this purpose, but it is a great way to boost ROI on content creation.
Every great organization requires effective communication to be successful. For sales reps to start utilizing the appropriate content during their pitches, the marketing department should educate them to ensure they are aware of what’s available. Organizing content according to type, audience, and objectives will help sales teams find what they need to bolster their sales
We are surrounded by endless options for software and hardware to support our companies. There is quite literally an application or technological solution for every aspect of digital marketing. The sheer number of options can lead to paralysis by analysis. And after choosing a specific solution, integrating the technology takes time and expertise to ensure it is implemented properly.
This challenge (and the next three) requires you to either commit to building in-house expertise, or to finding a trustworthy partner who can supplement your team. If these tasks aren’t in your wheelhouse, you should strongly consider partnering with an agency who can build and execute a successful strategy. Having experts in your corner will support online visibility and will naturally assist with lead acquisition.
Trying to keep up with the latest trends in marketing is a full-time job. The internet moves quickly, and marketing is constantly evolving. Just as small businesses catch up, the industry evolves again. Remaining on top of the best marketing techniques requires ongoing education that many small businesses simply can’t handle.
Lack of Time
Is there ever enough time in the day? Most organizations are stretched thin on time and resources, which leaves little time to invest in marketing and to further grow the business. If you consistently push-off your marketing, then you should consider an agency partner that can do the time-intensive work on your behalf.
Lack of Consistency
Every marketer will tell you consistency is the key to success. Unfortunately, consistency is also one of the problematic elements of marketing for small businesses. Small businesses often are forced to sideline marketing for other priorities.
Your Next Steps
Small businesses are constantly facing new challenges when trying to market their products and services. The lack of expertise can result in many missed opportunities for growth. To keep up with the ongoing marketing trends, small businesses can significantly benefit by partnering with an agency with the right resources and expertise.
We hope the tips above are helpful in improving your campaigns. Have more questions about partnering with an agency? Reach out to us directly.
Outsourcing your marketing is one of the best decisions you can make for your small business. Traditional in-house marketing teams are a great solution for larger organizations that have the resources available to employee experts in the 10+ roles that it takes to run an effective department.
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