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How can a small local business with no marketing budget use social media to attract more customers?

Last Updated: 27.06.2025 04:27

How can a small local business with no marketing budget use social media to attract more customers?

Perception

Price

Product

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If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.

Processes

Place

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Good marketing is doing this well.

AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)

Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:

Cleveland-Cliffs, Tesla, GM, Blueprint Medicines, BioNTech, DraftKings, and More Movers - Barron's

Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.

People

as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.

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