You've done it! Your company is taking off after mounds hard work, sweat, and probably some tears (both of joy and major stress). But don't let your efforts fall to pieces due to lack of awareness and interest from potential clients and customers. Advertisement and promotion of your company is a must, no matter its size, strength, or status.
If you're not in the market for shelling out thousands (or more) for advertising, that's no problem. There are many ways to put your company's name on the map and into the hearts and minds of those you want in the know. A lean budget always has some wiggle room to plug your business with pride and personality! Try any or all of these ideas and you'll see consumers knocking down your door in no time.
Get with Google
Be sure to show the world that your business has arrived with a Google My Business account. Display your address, hours, phone number, and what you're all about. And talk about lean… this is a free service! Clients and potential customers will be able to see positive reviews of your company and you can post photos to give an inside account of your unique qualities. Locals will see your company pop up with their search, but you will be searchable far and wide as well. Let the world get their goggles on your Google page! Log in and follow the clear-cut instructions. You'll be visible in no time.
Bring on the Blog
A great way to stir up interest is with an informative content section on your company's website. This is a useful way for readers to learn more about the industry you're in and know they can educate themselves thanks to the content your company provides without being sale-sy or pushy. The more the reader comes to trust your information, the more they'll be inclined to purchase from or use your services when the time is right. You can set up a blog relatively easily and cheaply, (with WordPress, for example) and as long as you hire dedicated and in-the-know writers, you're set. Plus, the 'comments' section will help you gain more readers and followers who will learn about your offerings. Your company can get started with WordPress for as low as $3.95/month. As you grow, you can expand to get more features and services, but a basic setup will get you moving in the right direction. Start with short posts to garner attention and see what resonates with readers to help you plan your future content. Then tie in with what you can offer.
Business Cards Mean Business
Be a live advertisement every time you walk into a room. When you meet someone and tell them about your business, leave them with a standout card so they can reach you if and when they need your company's goods or services. Make yours special with a unique design that coordinates with what your company does or stands for. Be sure all your employees have a nice stack of cards and to never leave home without some to shell out in pocket. Vistaprint can whip you up 500 cards for less than $10 bucks. Pretty good business!
Shine on Social Media
If your company doesn't have a page on Facebook, Twitter, Instagram, etc., then you are putting yourself at a serious disadvantage. Nowadays, if you're not on social media, you may as well not exist. Folks of all ages tend to turn to social media to see if a company's up-to-date and relevant. You can hire a fresh-out-of-school social media-savvy employee or even an intelligent intern to manage your social media messaging. The more you post with relevancy and regularity, the more followers and fans you'll amass. Watch your presence peak and more and more people will become aware of and purchase your goods and services. Offer special social media-only deals and promos too for extra attention on your pages daily. Starting up a social media page is free and you can get more intricate as your company flourishes. Start small and let your fans help you grow.
The Need to Network
Get out there and talk the talk. Attend seminars, speeches, conventions, and the like related to your industry. Keep it local or travel – whatever your business is best suited for. You'll get your name out there and learn from those already in the field. Come prepared with information, handouts, and samples (when applicable) from your company and put a friendly face to your company's name. Eventually, you can request or be invited to speak on panels and lead discussions about your field. Be sure to post your experiences on your website and on your social media pages for added interest and input. Networking events have a range of fees, setup costs, and registration packages, so find the ones you can afford, then expand your reach as you get more customers and reach new heights.
There are a variety of platforms, such as Outmarket, where your company can send out your own press releases when there're something new or noteworthy to announce. Alternatively, you can invest in a PR pro to guide you through the experience of spreading positive messages about your company to the masses or those of importance to your business. With proper presence of press and publicity, your company will become recognized and well-regarded. Your PR rep will have your back and make sure your company is handled with class and character. PR pros and programs are available at all price points, so there's an option for any budget. Outmarket packages start at around $300 a month, which is a pretty good deal for what you'll get in return. When it comes to a personal PR pro, shop around, ask for references, and work with the person. The right fit will respect your budget and help you grow.
Engage with Email
Develop a strong database of customers via past purchasers, social media opt-ins, site sign-ups, and other inquiring minds in order to email company updates, new products or services, sales, promos, and even benevolent content to keep them interested, engaged, and eager for more. There are a variety of email management services that you can use on a trial or low-cost basis, such as MailChimp or Bronto, that guide you with every step of the email process – from design to messaging to frequency of send. Emailing will keep your customers informed and in-the-know and your name will be top-of-mind when they are ready to make a move – unless your excellent email inspired them to do it there and then! Start an account with a mail service provider and find the package that works within your budget. A customer service rep can tailor a program to suit your individual needs and keep things clean and lean.
It's time to advertise with knowledge and energy. Money may be tight, but your advertising is going to be all right! Get started now and see the customers and clients roll in and ready to purchase.
While it's possible to be frugal with many aspects of your lifestyle, there are certain events and possessions that will require you to spend a substantial amount of money. Thus, a wise course of action is to begin saving well ahead of time while thinking about your goals for the future. This way, you'll be able to maintain a stable financial state even when faced with those large expenses. The following are a few major life purchases that you should plan for.
Marriage is a joyous occasion that many people look forward to. However, a wedding can be quite expensive, often costing thousands of dollars. Your family and your future spouse's family will often contribute to covering this, but you should still prepare to spend a good deal of your own money on the ceremony. If you're in a serious relationship and are considering marriage, you should plan where the funds for the wedding will come from and take the necessary actions to accumulate them. It's also crucial to discuss financial matters with your partner, since your property will merge once you get married.
A New Car
Automobiles remain one of the top modes of transportation. As a result, you may want to purchase a new car at some point in your life. Although you may be fine with an old or used vehicle at present, you may one day be motivated by a desire to acquire something nice for yourself or by the practical needs that arise as you raise children. Whatever the case, obtaining a new car is a major life purchase that you should plan for.
In addition to setting aside funds to eventually put towards a vehicle, you should also aim to build you credit score. This is because your credit score will determine your available car loan options. The higher your credit score, the more you may be able to lower your interest rates on your car.
Owning your own residential property is a worthy objective that you may hope to make a reality one day. Ideally, you should save about 20 percent of the total cost of a house before you buy it. This will allow you to make a larger down payment and thereafter face less interest on your mortgage.
As with acquiring a car, the mortgage options that you'll have can change based on how strong your credit score is. You'll want to increase your score as much as possible in the years leading up to buying a house so that you can get more favorable interest rates. In addition to contemplating down payments and mortgages, you must also remember that you'll need to deal with property taxes, insurance, maintenance and repair fees, and sometimes homeowners' association charges.
It's also necessary to hire a real estate agent to help you with the buying process. There are different types of real estate professionals. You should know how to distinguish between buyer's agents and seller's agents so that you can obtain favorable prices on homes as well.
Many people live together before getting married and have begun the process of combining accounts and sharing responsibilities. However, some people wait to do this only after marriage, and others wait until they're married to live together. Whichever path you've chosen, it's still crucial to know a few tips to manage money together as newlyweds to determine where you should begin and how you can remain on the same page.
Discussing Money Motivations
As we begin to share money with our significant other, we soon find out what one person may rank as a priority regarding money and the other may not. As such, sitting down and discussing money motivations is important. Two people who cannot agree on how to handle money may cause serious issues. This should include:
- How to deal with money following payday. Is a percentage put into savings? Is that the day to splurge on dinner, drinks, and more?
- The frequency and size of payments made to debts. Some people like to pay minimums, whereas others pay in full or make double payments.
- What do you each consider money well spent? Is it a new 70" 4K television? Is it an investment? Is it paying as much debt off as possible?
- How do you go about consulting each other before making purchases over a certain amount?
Establishing Financial Goals
After you evaluate the motivations behind your money and how it should be spent, you'll need to spend time together hashing out financial goals. As newlyweds, there are certain things on your list that you're going to want to save for. How do you go about that? How much of each paycheck will you dedicate to a particular fund?
Some things in the future worth making a financial plan for include savings and paying down debts. This is the time to be honest about your current financial standing. If you're looking to buy a home, you'll want to assemble a first-time homeowner financial checklist to begin to develop topics of conversation. Some of the things to consider setting goals for are:
- Student loans
- Car loans
- Future children
- A house
- Medical bills
- Delinquencies on credit reports
- Vacation and rainy-day funds
- Emergency funds
The more honest and open you can be with each other about the money you have and now the debts you share, the better. Implementing plans for the best ways to have the things that you both desire while still taking care of existing demands is important. These can be uncomfortable things to talk about; however, these conversations are necessary.
Following these tips to manage money together as newlyweds will allow you to have a starting point for conversations that can be tough to start. The sooner you and your partner get on the same page with finances and the responsibilities that come with them, the easier the transition will be and the sooner you'll find success.
It's the dream: money you can count on to keep rolling in, even while you sleep.
Passive income isn't entirely passive, of course. You'll put in work up-front to get the profits rolling, so don't relax in your recliner just yet. But with so many potential sources of passive income available to you, picking one or several will mean that the day you can finally kick back will draw steadily closer.
Real estate is a tried-and-true wealth builder for a simple reason: people will always need somewhere to live. Research the market in a growing community until you know a good deal when you see it. You can maximize rent by fixing up a deteriorating property or upgrading a mediocre one. The key is to hire a property manager to do all the day-to-day landlord duties for you—and you'll need a good one. Smart investors put their profits in another property and repeat the process until they have a diverse portfolio.
A YouTube Channel
You can start a blog if you're more comfortable hiding behind a computer, but consumers are more likely to prefer video content. Post a series of “how-to" videos to answer questions about whatever you're an expert in.
You can put up any content you want, but if you don't want to commit to regularly updating it, focus on “evergreen" topics that will draw clicks for eternity. Ads will create your income, especially if your channel grows in popularity. Better yet, sign up for affiliate marketing. If you recommend a product and provide a link to buy it, you'll get a small percentage of those transactions.
If you don't mind vinyl-wrapping your car with an ad for a company, you can get cash just driving around and running your errands. Make sure you contact a reputable company that doesn't ask for any money from you; if they're the real deal, they'll evaluate your car, your driving habits, your area, and more. Bonus: the brighter the ad, the easier it'll be to find your vehicle in the parking lot.
What's something that people will pay for but doesn't require shipping on your part? Finding that item is what can supplement your income indefinitely. Write an e-book, charge for your cross-stitching patterns, design prints that people can digitally download, invent an app, record a “masterclass," or whatever else you want. Every time someone new discovers it, the cash register rings. With a little more effort, this is a potential source of passive income for you that can continue to grow. Once you build up a customer base, they might want more products. The good part is that it's up to you whether you wish to give it to them.