If you're a small business owner, you know just how challenging the current economy is. But, it's also a very good time to be a small business. More and more buyers are looking online for the services or goods you provide and, today, it's much easier for small businesses to compete for those buyers.
How? With your website, of course. That is, if you make it more than a static brochure for your company.
To use your website to attract and engage prospects, foster trusted relationships, and demonstrate your product or service–you need to create a foundation of compelling content.
Here are two points of good news for small business owners who pursue this approach:
1. Buying behavior for purchasers of goods and services is changing. More buyers are doing their initial product and service research on the Internet, prior to making a purchase decision–and many ultimately decide whether to buy based on a company's website. In fact, in a survey of 200 buyers of professional services, RainToday.com found that 74% of buyers were greatly or somewhat influenced by a company's website when it came to making a decision to buy. Only 3% reported that a company's website held no influence with them when it came to buying.
2. Many small businesses still limit their website to static information about products, location, hours, and contact information. More surprisingly, 46% of small business owners surveyed did not have an active website, according to the 2010 Small Business Marketing Forecast published by Ad-ology Research. Talk about an opportunity! If your competitors aren't using websites effectively–or at all–that allows you a huge head start.
This approach to marketing is referred to as "inbound marketing." It focuses on allowing customers to easily find you–using compelling content as a magnet to attract the attention and interest of qualified prospects for the service or product you're selling. ("Outbound marketing" refers to more traditional methods such as advertising and cold calling where a company is focused on going out and finding customers).
There's more good news here for small business owners: using inbound marketing to attract qualified prospects and buyers does not have to be difficult and you can use it whether you're a solopreneur or have many employees.
Creating the content that serves as the foundation of your inbound marketing, however, can be time consuming and resource intensive. So, your best bet is to approach this thoughtfully and strategically.
How to get started:
Creating content does require consistency and ongoing attention. However, that's also the beauty of it. Unlike a brick and mortar foundation, you don't build it all at once. Your content library will continue to grow and attract prospects over time as you build it. Block by block.
Resources
If you're interested in pursuing an inbound marketing approach and publishing content, these two books offer all the information you need to get started:
Inbound Marketing: Get Found Using Google, Social Media, and Blogs (The New Rules of Social Media) by Brian Halligan and Dharmesh Shah
Get Customers Get Content: Turn Prospects into Buyers with Content Marketing by Joe Pulizzi and Newt Barrett
About Mary Flaherty
Mary Flaherty is manager of research and content development for RainToday.com. You can also find her blogging about services marketing, social networking, B2B research, and related issues at the RainMakerBlog. Follow Mary on Twitter![]()
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Excellet tips, Mary. Inbound marketing seems overwhelming at first. I like the way you break it up into steps.
I like this post. It is organized. First, you taught us how to study and understand the market that you're dealing with and then you enumerated effective and efficient steps in successful marketing. Thank you for this wonderful and informational post.
Great post, Mary. I like the term "platform" when describing the foundation of your inbound marketing. The good thing is that this is an ongoing process and there's no time like the future to get things started.
Meant to type "present", not "future"
I need more coffee….
I love how you followed up this post with real-life examples! Just goes to show you that building a strong foundation isn't just frou-frou marketing theory, but practical applications — and the results that it has for those companies you mentioned speak for themselves!
@Kathleen and @Andrew – Thanks.
I find that "chunking" things into manageable bits helps me take on seemingly complex projects. No doubt about it, content marketing can be overwhelming — but the fact that you can do it "bit by bit" makes it very do-able.
@John – Glad you came back with that clarification about the "present"… I was thinking I needed another cup of coffee!
Re: platforms – My son often builds his Lego creations on a flat Lego mat that anchors the foundation. He doesn't have to start over every time he sits down with the blocks — he simply adds onto and extends the existing structure. The structure evolves over time, but builds on itself. And, he doesn't have to create a cathedral all in one sitting.
@Sherice – Thanks! I'm partial to "totally practical marketing." Using examples and case studies is one of my favorite ways to learn and understand what works and what doesn't when it comes to marketing.
I encourage my clients to build what i call expert or author platform through inbound marketing. It can be overwhelming but i prefer it to cold calling. The internet and new ways marketingof saved my career in marketing and pr.
I think some of the old ways are still valid but thats why i've chosen to mainly market online. Im comfortable there.
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