How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 24.06.2025 11:31
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Price
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Chime, last valued at $25B, aims for $11B in upcoming IPO - TechCrunch
People
Processes
Perception
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Product
How do teachers justify punishing a student for fighting back against their bullies?
Place
Good marketing is doing this well.
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.