Categories: Business & Finance

Entrepreneur Longevity: How To Infuse Your Small Business With Staying Power

May 19, 2017

Once your entrepreneurial enterprise is off and running, your next steps are to make sure that it remains in business. Infusing a small business with staying power is not a one-time deal. These four steps will help you to keep your doors open and drive your sales and profitability.

Becoming an Authority in Your Market Niche

When you are trying to grow your small business, it makes sense to be an authority in your market niche. You know your product best, and you can use your knowledge to explain to others the benefits and advantages of your product. Consider implementing a blog, podcast or YouTube channel to facilitate your level of authority and increase website and foot traffic to your business.

Cultivating a Strong Fan Base

An important way to keep your small business’ doors open is to ensure that your customers need you. Cultivating a strong base of fans of your products or services is a sure way to help keep your new enterprise afloat. These people will tell their friends, family and acquaintances about the products or services that you have to offer, and this word of mouth marketing will lead to even more customers doing business with you.

Using Custom Shipping Packaging

Using custom shipping packaging for your products sets you apart from the competition. Instead of the standard yellow or brown paper mailers or the white plastic mailing bags, choose something that is more in tune with your way of doing things. Some companies, like Associated Paper & Supply, know that making your packaging stick out makes your company more memorable. A striking color, bold stickers, or patterned tape will capture the attention of your customers.

Engaging with Customers on Social Media

Building a following on social media is an essential part of marketing your small business and infusing it with staying power. Be sure to regularly engage with your current customers. Add content such as tutorial videos, product suggestions and special offers that could increase your client base. Be relevant, with a touch of light humor, and avoid any statements that could be seen as controversial. Respond to consumer questions and do your best to stay up-to-date with consumer needs.

As a small business owner, keeping your company open requires diligence and constant attention. Implementing these four helpful marketing and advertising tips will help you to set yourself apart from the competition. Once consumers are made aware of the benefits of using your products or services, their word of mouth marketing will help to drive more foot traffic and digital traffic to your business.

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