If you own a business, advertising is one of the most important things you can do to help your business grow. Whether you own a traditional business where you see clients face-to-face, or you do most of your business online so that you and your clients only meet virtually, advertising is something you'll need to do so that your business becomes known.
If your business is more of a traditional business, where you meet clients every day (such as a cleaning business, computer repair business, and so on), one of the best ways to advertise your business is simply by placing a logo and contact information on the side of your car. This can be done for "free," too. Simply ask a buddy of yours to swap with you; he or she puts the logo and contact information such as a phone number on your car, and you provide whatever service or product you offer (cleaning, computer repair) for free to a certain amount, too. Okay, it's not exactly free because you have to swap with someone else, but it's still a way to barter services for services without having to pay money and it gets local business to come to you, too.
Another great free way to advertise your business is to put flyers up at places like grocery stores and community centers, athletic centers, et cetera. People visit these bulletin boards every day. You can offer childcare in your home, for example. Simply provide your name and number on the flyer itself and then supply small "tags" at the bottom of the flyers that people can simply rip off so that they can take your name and phone number with them. This is a great way to get your name out there as a business people need, and it's free except for the paper you do the flyers on.
Of course, word-of-mouth is another great free way to advertise your business. As your business grows and you get more customers, encourage those customers to tell friends and family about you. They'll be happy to, because you provide them a service they're grateful for, and they in turn help you grow your business. Let's face it; if you can't stay in business, they can't continue to receive your services. So it's a win-win situation for everyone.
Finally, even if your business isn't online, it helps if you have a webpage. Many sites let you host a webpage for free, and it's a great way to put all of your information in one place. Since most people do get online and surf at least occasionally, giving them a business card with your phone number and website on it lets them go peruse your website at their leisure. Make sure you supply an e-mail address, too, because many clients may want to contact you this way instead of via the traditional way of calling on the phone.
There are lots of ways to advertise your business for free; if you know about them, you can help your business grow without paying anything out of pocket. It's a great way to help others out, too, since you can trade services between businesses and therefore help two or more small businesses grow at the same time. The bottom line is, keeping your community happy is likely to help you keep your business growing, and that's only a good thing.
Free Advertising For My Business
Of course, advertising comes in many shapes and forms. There are traditional advertising avenues such as TV, radio and the Internet. Then there's the less obvious ones like competitions, give-aways and sponsorship advertising.
But, regardless of which advertising route is chosen, more often than not a hefty financial outlay is needed to secure the advertising space in the first place. This being without any guarantee that the advertising you place will actually work.
Given that most companies advertising budgets are limited at the best of times - or practically non-existent in some cases - feeding money into advertising that may not work seems like a pretty high risk thing to do. Surely there must be a better way? Well, there is! Welcome to the world of free advertising through joint ventures.
Joint ventures - the key to advertising success!
When it comes to advertising, joint ventures, where two or more companies with a natural synergy benefit from a shared relationship, are a powerful tool. They can offer so much in terms of advertising leverage that once you're in joint venture relationships that are working you'll wonder how you ever survived without them.
So, just how can starting up a joint venture provide your business with free advertising? Well, it's quite simple really!
Say you have a business that sells golf clubs and you set up a joint venture with a web site that sells golfing vacations. You could negotiate a deal where the golfing vacation company advertises your golf clubs on their site for free. In return for this free advertising you could arrange to provide them with a share of the profits on golf club sales made through their efforts.
By establishing other similar joint ventures you can effectively secure free advertising for your products and services around the globe. It will work for any product or service. All that you have to do is find the right type of joint venture partner.
Finding the right type of joint venture partner
Joint ventures work best when partners share a common economic interest. Using the golf club example it's little use partnering with a company that sells diapers. You're advertising in this instance would likely be wasted.
Joint venture facilitators will match your company up with joint venture partners who have a compatible economic interest. They remove all the hard work in finding suitable partners, leaving you free to concentrate your resources elsewhere in your business. It is then up to you to broker the deal and secure the free advertising that want. Remember though, joint ventures aren't just about you! They're a two-way thing, so think 'win-win' and you won't go far wrong…good luck!
Both Jason Szova & Seb Jay are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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