Opportunities to market your small business are many and varied, just like in the real world.

For small businesses Internet marketing can be a surprisingly low-cost way of promoting your local small business. This promotion can be targeted locally, regionally or across the globe.

So, let's hear these strategies I hear you say. And, how does one apply them?

There are numerous approaches, and this is where most people get confused. In essence there are THREE main approaches to small business Internet marketing, being...

1. Paid search marketing (Pay per click marketing, and its numerous variations), and... 2. In-context link marketing (being commercial links within content on a specific topic), and... 3. Natural search marketing (SEO, content marketing, blogs and its numerous variations).

So, with these different approaches, what are the pros and cons?

1. PAID SEARCH MARKETING:

Paid search marketing is paid advertising. You pay for your ad to be placed before people searching on specific keyterms. The effectiveness of your PPC campaign is directly related to the keyterms you chose to use, as well as the sales path you set up on your landing page (where people land when they click on your PPC link).

The PROS: If correctly targeted, you get prospects looking at what you want to sell and/ or promote quickly.

The CONS: A) Specialist skills required. And, you can lose a lot of money, fast! B) PPC specialists are not cheap. C) You continually need to run your ads. D) Can be very costly (especially for commercial keyterms). You only get to play as long as you continue to pay.

2. CONTEXT within CONTEXT LINK MARKETING:

By utilizing other people's keyword focused and existing content you're able to promote your local business (say you're an accountant) via other people's focused content. This is a commercial pay per click arrangement between the content creator, yourself (the advertiser) and the in-context web system that matches the two parties in the arrangement.

The PROS: This is a better approach for small businesses marketing on the Internet, because these embedded hyperlinks are not perceived by the reader as an advertisement. This reduces the visitors resistance to clicking through on these in context hyperlinks (ads) as the links are viewed by the reader as links to more information.

The CONS: A) You have little to no control over what web sites your links are placed on, which means that links can be placed within content that doesn't quite fit sometimes. B) Best results are achieved by driving prospects to especially designed landing pages. Skill is required to set up these sales funnel paths. C) The demand for good, profitable commercial keyterms always exceeds supply, thus pushing up the price for the good terms.

3. MIMICKING NATURAL SEARCH MARKETING:

Think about this. How do YOU use the web? I'll guarantee you that if you're looking for a solution to a problem that you do what millions of other people do everyday. You go to your favorite search engine (usually Google) and type in your problem (a.k.a. keyphrase). Then, your search engine presents you will likely answers. When a small business interfaces with the fundamental reality of the way people use the Internet THEY win.

Note: SEO is a term used to describe the optimization of web pages. Search marketing is different (though related). Search marketing integrates SEO and information search paths to better interface with the web user searching for specific information.

The PROS: With natural search marketing tactics properly applied to the marketing of a small business it has a distinct advantage on the net. Why? Well, marketing analysis has determined that people purchase 90% of their needs from within a 10 miles radius of where they actually physically live. As people use the web more and more in daily life it is natural that if these same people find YOUR local business when they search the web for a solution to a problem that YOU then become their chosen solution. This is search marketing in action, locally.

The CONS: A) Search marketing strategies take longer to mature than the other methods discussed, however the cost-effectiveness and long-term results are better. C) The commitment must be to the continual addition of fresh content to the keyword-focused, theme-related content systems developed. However, for any business owner who knows their business and loves it this is never an onerous task.

And so, to summarize... There is great divide between those business who understand the web and how to market on it and those who don't. However, your opportunity to market your own small business on the web is now, while this confusion still exists in the marketplace.