When you run a business, be it a large corporation or a small home-based business, we all know that at some point we have to dig into our pockets and spend some of our hard earned cash on marketing. But if you’re feeling the pinch, or are just starting out, here are a few tips on how to market your small business with little or no money.

Social Media – Facebook, Twitter, Pinterest, LinkedIn, Google + are all social media sites that can help you market your business for free. Set up an account and get going. Not only can you share details of your products and services, but you can also personalise to show your human self…what you like, what your interests are. Share articles of interest and inspirational quotes, pictures…anything that you think people will like to see.

Email – in order to use email, which is free, you need to collect email addresses of current and potential customers. How do you get email addresses? Give away something for free – people love free stuff. It doesn’t have to be a physical thing; you could give away free information. For example if you are a crafter, you could give away a free information sheet on how to crochet, sew a simple item. The only proviso is that people sign up for your monthly/quarterly newsletter – then send them your newsletter, which is packed full of information about your business, special offers and details of your products or services.

Ask existing customers to refer you to friends and family – offer an incentive for them to do this. For example, you could say that for every five customers that they refer who buy something from you, they will receive a 10% discount.

True stories – Use a real example of a problem you’ve solved for a customer, with a quote from them about how great you are! Turn this into a blog post, an article on your website or add it to your newsletter.

Survey your customers – Send your existing customers a survey. Ask them about the products or services they have bought from you. Ask them what they like best about your products/services and use the information you gain to improve your offering or to promote your business. At the end of the survey, ask if it is ok for you to publish any of their comments….if they say ‘yes’ you have more recommendations and possible stories. And report your survey results in a blog or an article.

Write a blog – Keep in the forefront of your customers and potential customers’ minds by writing a regular blog. There are lots of free hosting sites out there – it just takes your time to get it up and running and to blog on a regular basis.

Have a website – It’s always good to have a website, where people can easily find you and see all your products and services in one place. Make sure it is easy to navigate and engaging.

Free directories –As well as all the directories that you can pay to be in, there are loads of free directories out there. Get your business listed in all the free ones you can find.

Attend networking events – Sometimes these events are free and sometimes you have to pay a small fee to join in. Attending these events is important as you’ll meet other people with small businesses. The purpose is usually to share information and experiences. If there are none near you, how about setting up one in a local community centre or pub?

Enter a business award competition – There’s nothing better than being able to say that you’ve won an award in a specific competition. Even if you don’t win, but are shortlisted in the top ten, it’s still something to shout about. If you do happen to win, you can advertise the fact on your social media pages, on your website, in your newsletter etc. You could also put it in your signature.

These are just some of the ways you can market your business. If you have other free or very cheap ideas on how to market a small business, please feel free to share…

Images courtesy of 1) Master isolated images 2) fantasista 3) nuttakit at FreeDigitalPhotos.net