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Low-cost marketing techniques for your home business

by Joe Owens

Created on: December 30, 2007

When you try to segment the costs of your business, marketing can be the easiest cost to overlook. In most cases the business is such a big part of your life that you expect everyone else must know about it. Trust me, you are not the first to do whatever it is you are doing and with the amount of competition these days, every effort you can make to advertise your business will make a difference.

One possibility is a local bargain magazine, the kind that permits people to advertise items for sell for free or at a low price. Everyone loves a bargain and these papers get a good amount of attention. Try placing an advertisement on the front cover. it will cost significantly less than the newspaper.

Of course your product will determine some possibilities for marketing. Is there a local, established business which you product would compliment? This reduces your overhead, which provides more cash to use for marketing. Also, your product gets attention in a high traffic setting.

A catchy slogan or jingle can help greatly to build brand awareness. Be honest, even if you are a mature adult you probably know at least one product jingle, like the one for Oscar Meyer wieners. You want people to identify with your product over the next guy.

A local business opened a location in a higher traffic area with a promotion involving a local farm implement business. For their opening weekend, they had give aways for a lawn tractor and all terrain vehicle. Over two thousand people attended the drawing, and many frequent the business today.

Again, depending on your product, local festivals or farmer's markets can give you large crowds collected in one area. Have business cards, flyer's, give away samples if applicable, anything you can think of to catch people's attention. We are so preoccupied much of the time we miss things that can impact our lives positively unless it is so flamboyant we just cannot miss it. This is key to successfully marketing your home business. You have to jar people out of their narrow minded habit of the same old products from the same old places.

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