Business

How to Advertise Your Business: 6 Advertising Strategies

Written by MasterClass

Last updated: Mar 14, 2022 • 3 min read

Whether you're an entrepreneur looking to get your start-up off the ground, or an established business owner looking to refresh your business promotion strategy, learning how to advertise your business is crucial for long-term success.

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What Is Advertising?

Advertising is the process of promoting the sale of goods or services. Business owners create advertisements in order to acquire new customers, increase brand awareness, and boost sales. Today, there are many advertising formats available—both online and offline—that can help take your marketing efforts to the next level. Online marketing tactics can include digital ads, such as banner ads, pay-per-click ads, or video ads. It can also include offline advertising, such as direct mail. A great advertising strategy incorporates multiple forms of advertising.

How to Advertise Your Business

Consider six of the best ways to advertise your business.

  1. 1. Digital advertising: Digital advertising is a powerful tool for promoting your business online. Digital ads, such as pay-per-click (PPC) ads, can help you reach your target audience, build brand awareness, and drive sales. This is an especially good tool for e-commerce businesses that sell goods and services in an online store. Registering your business with online directories is another way to digitally connect with prospective customers.
  2. 2. Media relations: Writing press releases is a great way to advertise a new product, service, or business update in local news publications. For the best results, publish your press release in a relevant publication. For instance, if you own an accounting firm, publish your press release in an accounting magazine. This will increase the chances of reaching your target demographic.
  3. 3. Online content marketing: Creating a website and populating it with written and video content can be an effective, low-cost part of your business's marketing strategy. Create a content marketing plan with an SEO strategy in mind. SEO, which stands for search engine optimization, is the process of attracting targeted traffic to a website through organic or non-paid rankings on a search engine results page (SERP). Unlike paid results such as pay-per-click advertisements, organic search results listings are based on query searches and key terms.
  4. 4. Email marketing: Email marketing keeps you connected to a regular customer base, offering newsletters with company updates, promotions, and announcements of sales and new products. Effective email marketing campaigns can boost your e-commerce by using deals and promotions to drive customer engagement. Consider creating a website landing page with a link to sign up for your newsletter so you can begin to build an email list.
  5. 5. Direct mail: Direct mail is any advertising campaign conducted through unsolicited mail. A direct mail campaign is of the most cost-effective forms of direct marketing and can be utilized by multinational corporations and small businesses alike.
  6. 6. Social media marketing: Social media marketing (SMM) is a form of digital marketing centered around the use of social media sites. Using social channels as a marketing tool has become ubiquitous and prominent throughout many different types of industries. Creating a business profile on social media platforms is also a low-cost marketing strategy. Social media platforms allow you to create business promotions using hashtags to reach a wider audience. You can also create paid ad campaigns and easily measure engagement rates.

4 Tips for Advertising Your Business

Consider these additional tips for advertising your business.

  1. 1. Attend networking events. Small business owners can benefit from being active in their local community. Consider attending local events, such as trade shows, farmer's markets, or conferences. Not only is this an excellent way to meet potential customers, but it also offers the opportunity to make advantageous partnerships with other local business owners.
  2. 2. Encourage word-of-mouth opportunities. Referrals are essentially free advertising. Create business cards with your business name, phone number, and other relevant contact information. Be ready to hand them out to interested parties when the opportunity arises.
  3. 3. Express yourself. In a world saturated with advertisements, you want to find a way to stand out among the crowd. Instead of falling back on templates, create something unique that shows people what sets your business apart from the rest. For example, instead of a regular ad, consider making a clever video tutorial of how to use your product.
  4. 4. Reach out to bloggers and influencers. Backlinks are an excellent way to drive traffic to your business's website. Reach out to bloggers and influencers who are in a related field and see if they'd be open to letting you guest post on their website or social media channel. This can be an effective way to reach your target audience and build brand awareness.

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