How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 29.06.2025 12:09
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
Price
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Travis Hunter gets his full $30.57 million signing bonus up front - NBC Sports
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Perception
People
From Royal Toddler to Teen Heartthrob, 34 Pictures of a Young Prince William - Vogue
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
Place
Processes
NYC’s Noisy Skies Get Electric With Beta’s Demo Flight Into JFK - Bloomberg.com
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Product
Good marketing is doing this well.