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Sometimes, a new market opportunity creates rapid business growth. Other times, growth comes more gradually. Just ask Matt Zorn, president of Zorn Compressor & Equipment, a family-owned company based in the Midwest.
“We’ve been growing steadily for more than 60 years, but it hasn’t always happened at the same pace,” says Zorn. “While our fundamentals have remained the same, we’ve had to adapt and innovate as our customer needs change.”
Is your business primed for growth? Before you explore new opportunities, Zorn offers five important things to consider.
Social media has revolutionized how businesses connect with their customers. For small business owners, it’s a powerful tool that can level the playing field, allowing them to reach new audiences, engage with customers, and build a strong brand presence—all without needing a huge marketing budget. Whether you're a solo entrepreneur or managing a small team, mastering social media is essential to your success.
In this article, we'll explore 11 top strategies and tips to help you harness the full potential of social media for your small business.
Before you start
Identifying your target market is one of the most crucial steps to achieving success in any business. By doing so, you can appropriately focus on the customer’s wants and needs, and tailor your offering to match. This process helps to ensure that you only invest in the best activities and approaches to marketing yourself to maximize returns. Furthermore, it helps to prioritize efforts efficiently, saving time and money in the long run.
Once you have a firm knowledge of your target market, you’ll know how to best communicate with them, what communication and marketing channels to use, and how
In the first two parts of this series, we discussed the importance of email as a marketing tool for all small businesses. So why are we singling out business-to-business (B2B) email marketing here? We’re focusing on B2B in this post because many B2B business owners may have the wrong idea of positioning their email campaigns.
As we noted previously, according to Campaign Monitor, email generates $36 for every dollar spent, the highest ROI (return on investment) of any marketing strategy. And most businesses that always A/B test their emails generate an ROI of 48:1.
But many
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