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In the United States, there are roughly 38.9 million small businesses, and of those small business owners, 88 percent believe that marketing is an important part of their company's growth and success.
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EFFECTIVE MARKETING STRATEGIES AND TIPS FOR BLACK-OWNED BUSINESSES
Marketing is an important aspect of any business. After all, if you cannot manage to get the word out about your businesses, products, and services, you won't get new customers. Here are some marketing strategies to help you win your share of the market.
Social Media If your business does not have a social media presence, you are already losing out on valuable marketing opportunities. One of the most cost- effective ways to advertise your business is through popular social networking sites. You can also use these sites to network with other businesses and black professionals, increasing your visibility in the community.
Having a professional website for your black-owned business will make you seem more credible and trustworthy to potential customers. If your site is outdated and doesn't look appealing, then customers won't stick around long enough to find out what great products or services you have to offer them. You can make your website more user-friendly by making it mobile-friendly and responsive with the help of Color Block(a black-owned business in Chicago). Update Your Website and Make It Mobile Friendly
Effective Advertising and Marketing Strategies for Black Businesses If you advertise your business in the wrong places, then you won't reach potential customers. For example, you wouldn't want to advertise your black-owned business on a late-night TV show that most people don't watch or in magazines that appeal to an older demographic. You would be surprised at how many companies fail to do this simple task.
Offering Promotions and Discounts Offering promotions and discounts is a great way to get customers to buy your products/services. For example, you could offer the first month of service for free or give customers half of their order if they refer someone who becomes a paying customer.
Know Your Customer with Color Block Know your customer. How old is the average customer who buys your products/services? Where does their income level fall? What do they like and dislike? Color Block ( a black owned business in Chicago) is the best way to reach out to the customers by knowing the market needs. Once you know these important things, it will help you to develop more effective marketing strategies.
Don't Give Up Easily Many black-owned businesses tend to give up too easily. It's easy to become discouraged when no one is buying your products or signing up for your services. You may not see immediate success, but don't give up too soon. You need to keep pushing forward if you truly want to grow your business.
Contact Color Block for any further doubts or questions- 617-843-5436 info@colorblock.io 1022 South Racine Ave Chicago IL, 60607