Main Insight:
Ram Prasad, a small business owner, explains how embracing structured marketing strategies, such as leveraging LinkedIn and consistent content creation, led to doubling his company's revenue, and emphasizes the importance of viewing marketing as a long-term investment for small business growth.
Guest Bio:
Ram Prasad is the CEO of Delence, a company specializing in providing fractional CTO (Chief Technology Officer) and CPO (Chief Product Officer) services to businesses. With a strong background in technology, Ram has recently developed a passion for marketing, particularly in the context of small business growth. His expertise lies in bridging the gap between technology and marketing, helping businesses scale effectively by leveraging tailored tech solutions and strategic marketing insights.
Step-by-Step Advice for Moving Away from Referral-Only Business Growth
- Prioritize Business Growth:
- Allocate a marketing budget and consider hiring marketing professionals. View marketing as an investment in your business's future. This helps you avoid inefficiencies and leverages expertise to craft a more effective strategy.
- Identify the Right Social Media Channel:
- The first crucial step is to identify the most effective social media channel where your target audience is most active. This decision should be based on where your potential customers are likely to be found. For example, if your customers are tech startup CEOs, they are more likely to be on LinkedIn or Twitter rather than Instagram or Facebook. Start by focusing on one or two platforms to ensure your efforts are concentrated and effective.
- Consistency in Posting:
- Once you have identified the appropriate channel, the next step is to post consistently. The ideal frequency for most businesses is at least two to three times a week. Consistency is key because posting regularly helps keep your brand top of mind with your audience. Ram emphasizes that the goal isn't to aim for a viral post but to build a presence over time through regular and consistent posting. He recommends setting aside a specific time daily or weekly for content creation and posting to maintain this consistency. Understand that marketing requires patience and consistent effort, much like gardening. Focus on nurturing your strategy and be prepared to commit for several months before expecting significant outcomes.
- Create and Share Original Content:
- It’s important that the content you post is original. Original content reflects your unique perspective and experiences, which is more engaging and valuable to your audience. Ram advises against simply copying content from others or using generic content generated by tools. Instead, use your own experiences, such as summarizing a customer interaction or a recent project (while maintaining confidentiality), to create content. This approach ensures your content is authentic and resonates more deeply with your audience.
- Measure and Adjust:
- After establishing a routine of consistent posting, the next step is to measure the effectiveness of your posts. Pay attention to the feedback you receive, such as likes, comments, and shares, to understand what content is resonating with your audience. However, Ram warns against overthinking this process. Instead, focus on experimenting and adjusting your content based on the feedback and engagement you observe. The key is to keep iterating and improving your strategy rather t
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