Word of mouth is excellent small business advertising – but it’s slow, and may be practically non-existent for new businesses. If you want to grow your customer base more quickly, you have to market.
Even the most time-pressed business owner can attract more customers with less effort through the right cross-promotions. Why? Because when you join forces with other credible people who also reach your market you can reach your customers more efficiently, credibly and memorably with the right offers and services.
To stand out from their competition in a crowded advertising marketplace, businesses, nonprofits, and government agencies are enthusiastically adopting this nimble approach to “outmarket” bigger competitors. Their cross-promotions include “bundled” offerings, joint media appearances and events, and unconventional cause-related marketing. It might also include collaboratively produced how-to’s and other resource booklets and videos, co-branding, coop advertising, and shared space.
Cross-promotion has the potential for a big marketing payoff because partners can successfully expand through each other’s customer base. They can gain an inexpensive and credible introduction to more of their kind of customer more effectively than with the traditional “solo” methods of networking, advertising, or public relations. Want to know more? Call Larry John Wright for some incredible cross-promoting ideas and suggestions.