Category: entrepreneurship

  • Marketing Strategies for Startups

    Marketing Strategies for Startups

    Marketing Strategies for Startups: Launching a startup is a journey filled with opportunities, challenges, and the need to stand out in a crowded marketplace. One of the crucial aspects of this journey is strategic marketing—how you tell your story, attract your audience, and drive growth. At Mainsail Agency, we’ve helped businesses of all sizes turn their visions into well, business. Here are some proven strategies to set your startup up for success.

    1. Define Your Unique Value Proposition (UVP)

    Your UVP is what sets you apart from competitors. It’s the reason customers choose you over others. To craft a compelling UVP:

    • Identify the problem your product or service solves.
    • Highlight the unique benefits you offer.
    • Keep it concise and clear.

    Example: Instead of saying, “We sell fitness equipment,” say, “We provide tailored home fitness solutions saving you time and space.”

    2. Build a Strong Online Presence

    Your storefront in today’s world. Focus on:

    • A Professional Website: Ensure it’s user-friendly, mobile-optimized, and highlights your services and story.
    • SEO Optimization: Use targeted keywords to rank higher on search engines. For startups, local SEO can be particularly impactful.
    • Social Media Channels: Engage with your audience where they spend time. Tailor content to platforms like LinkedIn, or dealer’s choice based on your target demographics.

    3. Leverage Content Marketing

    Educational and engaging content establishes trust and positions you as an industry expert. Consider:

    • Blogging about industry trends and solutions your product offers.
    • Creating video tutorials or behind-the-scenes content.
    • Hosting webinars or live Q&A sessions.

    Pro Tip: Use storytelling (another post) to make your content relatable and memorable.

    4. Utilize Paid Advertising Wisely

    Paid ads can accelerate your visibility, but it’s essential to allocate your budget effectively. Start with:

    • Google Ads: Target customers actively searching for solutions you provide.
    • Social Media Ads: Reach niche audiences with highly targeted campaigns.
    • Retargeting Campaigns: Re-engage users who visited your website but didn’t convert.
    • P.S. These can be super tricky and expensive if not handled correctly. Mainsail can help.

    5. Network and Collaborate

    Building relationships can significantly impact your growth:

    • Join Industry Events: Attend conferences, trade shows, and meetups.
    • Partner with Complementary Businesses: Co-market products or services to broaden your reach.
    • Engage in Online Communities: Offer value in forums or social media groups where your audience gathers.

    6. Track Metrics and Optimize

    Marketing without data is like sailing without a compass. Use tools like Google Analytics or HubSpot to:

    • Monitor website traffic.
    • Analyze the performance of marketing campaigns.
    • Understand customer behavior.

    Constantly refine your strategies based on insights to maximize your ROI. At Mainsail Agency, we specialize in creating strategic dashboards that provide clear, actionable insights, helping you make data-driven decisions with confidence.

    7. Focus on Customer Experience

    Your first customers are your best advocates. Deliver an exceptional experience by:

    • Providing stellar customer service.
    • Asking for and acting on feedback.
    • Encouraging reviews and testimonials to build credibility.

    The Call to Action: Ready to Elevate Your Marketing Game?

    Whether you’re just starting out or looking to take your startup to the next level, Mainsail Agency is here to guide you. As an analytics-focused agency, we consult, craft strategic dashboards and use data to drive your marketing success. Visit Mainsail Agency or call us at (888) 795-0279 to discover how we can help you develop marketing strategies that drive results.

    Let’s chart a course for your startup’s success—together!

    [pmwarner.com is partnered with Mainsail]

  • Business growth ideas: Grow your business

    Business growth ideas: Grow your business

    Business growth is always a priority

    You land a few clients or customers (or more) and realize your service or product has value and potential. What’s the next step? No matter where you are in the process, business growth is always a challenge.

    In 2009 I finished grad school. It was the Great Recession and there were zero jobs available. So I started an S-Corp for professional services. My first clients came from networking. My strategy was to connect with government organizations that didn’t have enough resources for a marketing team, and some small businesses that were still operating. I didn’t involve a clever social presence or website. In fact, I still do a terrible job of marketing myself, but that’s another story. I reached out to people and established myself while holding back fears and doubts about my networking skills. (Who doesn’t?)

    Furthermore, I quickly learned I couldn’t rely on just one or two clients. As a result, I upped my outreach by launching a website, asking for referrals and spreading the word where I could; at networking events, online and face to face.

    Most of all, no matter which tactics you employ, growing the business will most likely always be top of mind. It helps to begin with a goal in mind, a few objectives and a strategy. You will always be asking, “How can I get more clients or customers?

    Let’s grow your business

    First of all, this blog from a few years back has some great tips. Called 27 Low-Cost Ways To Grow Your Business, it has practical suggestions and a lot of them are the same I recommend to students and clients. If you need some more ideas, visit Marketing Resources and 5 strategies to start and grow a successful business with only $200.

    In addition, the SBA is a great resource and here’s an article to get you started: 10 Tips to Help You Build and Grow a Stand-Out Small Business Brand thinking about whether your brand is ready for growth.

    Finally, Reddit is another excellent resource – visit some of the subreddits: /r/entrepreneur, /r/growmybusiness and /r/startups

    Buena suerte.

  • Outstanding free marketing tools you need to know about

    Outstanding free marketing tools you need to know about

    Free Marketing Tools… and More

    The amount of free marketing tools and information available for marketers, entrepreneurs and those bootstrapping a business is fantastic. However, it can be overwhelming to keep track of everything you might use now or down the road.

    After creating a comprehensive list of essential free tools for Entrepreneurial Marketing students, (available HERE) one student did a little extra research. She found an incredible list. Big shout out to these folks. It is a terrific resource and pretty well organized for everything from business, marketing, design & code, and productivity to learning.

    Click HERE for the list. The updated list contains new tools for website, branding, invoice, image editors, email management and more.

    IF nothing else, this is a great way to get familiar with the free tools available and help you to nail done the services you might want to pay for. There are some paid services I use regularly and perhaps those can be covered in a separate post.

    Again, don’t forget to visit the list of free marketing tools on this site.

    Finally, enjoy! If you have any questions on which tools I’ve used and might be best for you please contact me. Or leave a comment below.

  • Who else wants to create a fantastic social media proposal?

    Who else wants to create a fantastic social media proposal?

    Let’s write a social media proposal

    It’s always best to personalize your approach with a potential client, but here is a link to helpful tips on what you need to include in the social media proposal. Best of luck and go get ’em!

    [Also see Outstanding Free Marketing Tools You Need to Know About]

    “Well-written social media proposals are key to closing deals. If you’re a writer or marketer, your sales team probably needs your help writing those proposals, too. If you’re working solo, you might need to show why you’re a better option than a high-priced agency. Or another freelancer or consultant.”

    Read the rest: How To Quickly Build Social Media Proposals That Win Clients

  • 8 Fascinating Must-Read Books for Entrepreneurs, Marketing and Business

    With some extra drive time, I caught up on some book reading (or listening in this case). Here are the best so far.

    The Big Short: Inside the Doomsday Machine

    Big-short-inside-the-doomsday-machineSee the movie and read the book or vice versa. Either way, you’re in for a terrific ride. In a riveting fashion, Michael Lewis describes and makes sense out of the 2008 financial collapse that destroyed almost everything in its path. The real key to this story’s success is Lewis’ attention to the eccentric cast of characters. Some saw it coming from as far as a decade away.

    Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

    Elon Musk: Tesla, SpaceX and the Quest for a Fantastic FutureIt really doesn’t matter what you think of Elon Musk, his story and work are amazing. Musk is one of the few extremely non-risk-averse entrepreneurs out there. He also happens to be talented, smart and not afraid to question, defy and oftentimes battle the status quo. (A LOT like Richard Branson, up next.) The biography by Ashlee Vance is honest, compelling and pulls no punches with Musk’s frequently challenging personality.  Take the time to read and get inspired by one of the biggest thinkers alive.

    The Virgin Way: Everything I Know About Leadership

    The Virgin WaySpeaking of non-risk-averse types, let’s talk about Richard Branson. His business and lifestyle motto “Screw it, let’s do it” is tempered by his thoughts on successes and failures in his career. The history alone of how Branson developed into one of the most successful entrepreneurs of all time –after an unauspicious start as a sixteen-year-old dropout with dyslexia– makes one sit up and listen.

    But it’s his wise and experienced approach on how he chooses to lead with an emphasis on people/relationships and less on formality that makes the book so valuable. Another book by Branson, Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way gets a favorable mention here. Especially or the additional and very entertaining details on how Branson went from magazine publisher, to mail order record business to a recording studio/company to an airlines. And his (ad)ventures in just about every product imaginable. Virgin Cola anyone?

    Outliers: The Story of Success

    OutliersMalcolm Gladwell has critics, but I appreciate his focus and interest in areas I find fascinating. I have been a fan of his since The Tipping Point and Blink. Both books made me reexamine a few ideas I had about the world. And reshaped a lot of the thinking I bring into my daily work. Outliers explores how people become extraordinary (or at least successful in their chosen fields). It isn’t always how you might think.

    The Signal and the Noise: Why So Many Predictions Fail-But Some Don’t

    signal and noiseThe founder and editor of FiveThirtyEight.com, Nate Silver gained national celebrity status after his almost exact prediction of the 2008 and 2012 elections. This book examines the difficulty in discerning what is relevant in collected statistics. And what may be simply unnecessary and sometimes misleading information. Anyone interested in analytics, statistics, prediction, numbers, science, economics and “seeking truth from data” will enjoy.

    Thinking Fast and Slow

    thinkingfastslowIntriguing book by Daniel Kahneman, a psychologist and winner of the Nobel Prize in Economics. It examines the way our brain processes information. As I listened to this, I wished I was able to do some of the exercises the book asks you to do to help discern its examples. Kahneman presents a very thoughtful and revealing view on how perspectives are easily skewed.

    Youtility: Why Smart Marketing Is about Help Not Hype

    youtility

    A recent study by Nielsen shows 63% of shoppers research products online.* Youtility mentions as far back as 2011, shoppers accessed 10.4 pieces of information before making a purchase. This provides one of the many foundations upon which Jay Baer [Convince and Convert] lays his case that objective, helpful information is appreciated more than ever before by the consumer. By examining entrepreneurs and businesses providing useful content, Baer points out the payoffs for taking the time to create collateral that may -at first- seem like a lot of effort when compared to traditional marketing tactics. I used this book in teaching Entrepreneurial Marketing. Many students enjoyed it, finding it a refreshing counterpoint to traditional marketing and business tactics. Strongly recommended.

    * Nielsen.com

    The 48 Laws of Power

    48 laws of powerI’m almost embarrassed to admit I read this one as its Machiavellian approach makes you feel as though you’re preparing for a role on Game of Thrones. It basically serves as a primer on how to manipulate your way into getting what you want. If you work in an environment of snakes (and this book assures you everyone -including yourself- is a snake) then this is the book to read. However, there is some good advice in its pages. And quite a few in business have read it, along with Sun Tzu’s The Art of War. You might as well arm yourself so you can see ’em coming.

    That’s all for now. I’ll update as I come across new books worthy of note. Please leave any suggestions for books that you have particularly enjoyed in the comments below!

    ~Paul