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While many have believed in the saying that says “There’s no meaningful thing that comes for free.” However, when it comes to advertising, especially for small or medium businesses, that saying is not relevant or true.
In today's modern world, there are many ways through which different businesses, entity or corporation advertise their products or brand freely without having to pay for it.
Free advertising is the activity of producing consumer marketing messages for commercial products or services freely. The importance of free advertisement is to reach as many people as possible who may find interest in the business that will in turn purchase the item been advertised.
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Small businesses often have limited finance thus, making it difficult for them to spend lucratively on advertisement or sponsorship. These challenges specifically can be frustrating to small business owners because their limited capital limits the number of people they can meet.
To provide the necessary solution to this small and medium business through the help of technology, there are currently several mediums through which their business can be advertised to reach a large numbers of audeince without spending any money.
This medium has turned out to be very effective to several businesses as the result has been so astonishing.
Free advertising is important to business, such as;
Creativity: Free options inspire and give you the confidence to be creative. They are perfect for shaking up a tired marketing trick with new ideas.
Cost: Vividly, free options can ease a tight marketing budget, making it go further. That is, the fund that would have been used for advertisement can be injected into another business department to enable efficiency, proficiency and effectiveness.
One-on-one engagement: The majority of free advertisement requires heavy community engagement, spurring others to amplify positive word of mouth.
This will not only drive new sales but can also counteract reputation management issues such as bad reviews.
The major challenge of free advertisement is that it is time exhausting. Free advertisement huge scarification of time to see the result. However, these challenges may be somehow advantageous.
It is better to sacrifice enough time to get your desired result freely than to blow thousands of money on paid ads that don’t give the required result.
Google my business is one of the powerful methods for free advertisement of your business. Google my business gives companies the freedom to manage their existence on Google search and Google maps which can increase your rankings in Google local results.
If your business eventually ranked high in local search, that means, your company is legitimate and relevant. This means consumers who search for a business name that is similar to your own may convert if they found your business at the top of the local search list.
The more places your business is listed online, the better your chances of showing up in search results and the easier it is for prospective customers to find you. To have great local SEO, the details of your listings on every website and online directory need to be the same.
Attending networking events is another strategy to have a successful free advertising. Connecting with people in the same niche as you are a great opportunity to meet prospective consumers in a place where they are heavily interested in knowing about your business.
Networking with people in the same business unit is a great means for small businesses that are looking to make their first connections.
Networking is a free advertising strategy to give you chance to get your name out there, meet potential partners and harness opportunities for growth.
Just as networking, being a presenter in an event especially if the topic of discussion is your business line, that is another way to showcase what your business is made of.
Whenever you are opportune in such an event to be a presenter or serve as the speaker, give your best to make a thoughtful and powerful speech that is related to your business.
This will draw attention to you and thus can increase your brand awareness and showed that your business is capable and can solve the consumer’s problem.
Another free advertising tip/trick is putting up your business brochures or flyers in local libraries, coffee shops. This is a business unique method to market to offline locations where people often gather to spend time.
You can use an online website like canva and others to create free brochures or flyers. By doing this, you may even reach a new clientele at the spot of advertisement.
Offer to write a guest post for a well established blog. This free advertising trick will benefit you by reaching and connecting to the audience of the blog you wrote a guest post for.
Guest posts on a popular blog give you access to an established audience and high domain authority, this method thus, is usually more beneficial than even posting about your product in your blog.
Through the guest post, you have the opportunity to embed your blog link into the content, giving you an inbound link that can also boost your domain authority and increase your ranking in search engines.
That is, while you make your products exposed to the customers of the established blogs, you also stand the chance to increase your online presence from the numbers of these customers that may click on your embedded link.
Word of mouth is one of the strong and best ways to carry out a free advertisement and market any product. Consumers tend to decide based on the experience of other consumers.
When there are so many positive reviews of your products, there is every tendency for your sales to increase significantly.
Whenever you identify a happy customer that is pleased with your service, persuade them to give their review online on platforms like Google, Facebook, Yext, etcetera.
Free advertisement can be very useful, especially on social media like Facebook. To have more engagement and improve your organic growth, it is advised you sacrifice a little fee for the advertisement exercise.
While you can advertise your product on Facebook for free, your product will reach more people and appear frequently in people’s feeds/timelines if money is paid for it. This will increase the potential engagements such as; likes, comments and shares. An increase in engagements will lead to an overall boost in your organic (unpaid) social media presence.
One positive thing about paid ads is, they can provide results immediately. While free advertisement on the other hand may take a lot of time to get the desired result.
Unfortunately, some businesses are always victims of paying for ads to have the instant result without leveraging on the free advertising which can help them to build a long term strategy.
Businesses of such failed to take advantage of free advertisement options like; social media because they take too long. Upon getting accustomed to paid ads, companies like that will get locked forever for paying to get traffic and leads.
For instance, to have new customers immediately, place pay-per-click ads on Google or purchase visibility on other ad sites.
However, it’s advisable to invest enough time in free advertisement to build your presence for the future and spend less on paid ads.
The majority of free techniques are labor intensive and demands undying effort. The money spent to get results is worth more. The advantageous part here is, it usually costs nothing to use marketing tools.
Free advertising is pretty easy to understand. With this free advertising, you will never have to pay any money in order to get what you’re offering in front of large people.
many people, the fact that they do not have to spend money is the reason enough to look into free advertising.
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About us: Gabriel Domale Consulting, a leading management consulting firm, helps companies in Africa to grow, provides insights to leaders and transforms institutions. Our consultants utilize their decades of hands-on experience to provide advisory in finance, strategy, corporate governance, transformation and leadership training to help companies and public institutions to transform their operations. We encourage leaders seeking insights to visit our BLOG here and also Request For Proposal (RFP) for our consulting services here
Published origninally on 17th Mar 2022 22:40:42
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