A few digital marketing strategies for Startups
Do you have an idea and are launching your startup? But do you know that 90% of Indian Startups fail in the first few years and shut down within 5 years? If you are thinking that they shut down due to the lack of new ideas or lack of funds, then you are wrong.
Many well-funded startups with unique ideas have failed in the past, due to the lack of innovation, creativity, and experience. As an example, we may consider AskMe.com, Auto Raja, Cab Auto and FrankleMe .
Having a great-unique idea, team, and funds are not enough to create and grow as a start up. You need customers, sales, and profits for the same, which is possible with sound marketing strategies!
Startup marketing is a different game play altogether. You need to choose and combine the right marketing channels and come up with an unbeatable strategy. Same old traditional marketing strategies will not necessarily work well every time.
Today the world is connected over smartphones and the internet. With the changing world dynamics, Marketing has also changed over time. It has rapidly changed from retail oriented to online platform oriented structure. Many businesses (corporates to startups) are focusing on Digital Marketing and are growing their businesses and customer base.
There are many digital marketing channels which you can use for your startup. But not all the digital marketing strategies are the same and give you the same profit. Some digital marketing strategies give you amazing results while others don’t.
Hence, it becomes important for one to choose the right digital marketing strategies for his startup to get maximum results out of it. Which strategy works well for your startup depends upon your niche, target audience, and a lot of other factors.
But in this guide, I will share ten digital marketing strategies which you can use to grow your startup. You will have a clear idea about digital marketing strategies to boost your startup growth.
Social Media Marketing
Social Media Marketing is one of the best ways to get global and customers for your business. It is one of the best low-cost marketing techniques to use for your business.
Social Media Marketing has the power to make your startup profitable and a brand but you must know how to use it for your business.
There are many social media platforms but you need to choose the right platforms for your startup marketing. Here are some popular platforms to use:
Best Practices To Get Success With Social Media Marketing
You need to develop a social media strategy to get success with social media marketing. An expert social media marketing company can help you to develop a strong social media strategy for your startup and optimize your campaigns. Email Marketing
Email Marketing is one of the most important and cost-effective techniques to grow startups. According to a study, email marketing delivers the highest ROI (Return-On-Investment) which is approximately 40x. It means you will get $40 return for every $1 investment. But if you are ignoring email marketing this means you are missing your customers.
Many startups do not focus on email marketing. But email marketing is one of the few marketing techniques which you can start before the launch of your actual product or company.
Here are some email marketing ideas for your startup:
Search Engine Marketing
SEM (Search Engine Marketing) is one of the best digital marketing strategies to get instant results for your startup. You can advertise on search engines for your startup and can get more exposure and sales.
Major benefits of using Search Engine Marketing:
Best Practices To Get Success With SEM
SEM campaigns can exhaust your budget rapidly. To run successful SEM campaigns, you need some expertise & experience to get maximum results out of it for your startup.
Search Engine Optimization
SEO (Search Engine Optimization) is one of the most cost-effective channels that deliver higher ROI than other marketing methods.
Every business should focus on SEO. It is the process of getting organic traffic from search engines without any added cost. So with SEO, you can continually acquire new customers for your startup, without any cost.
Benefits Of Using SEO For Your Startup
Influencer Marketing
Influencer Marketing is one of the trendiest marketing techniques these days. It is a highly effective and inexpensive technique to grow your business.
Benefits of using Influencer Marketing:
You can hire popular influencers or some micro-influencers (less-popular) to promote your brand.
Content Marketing
Content Marketing is a highly effective strategy to grow your startup. According to a recent report by the Content Marketing Institute, 90% of organizations are actively using Content Marketing for their businesses.
Content marketing generates three times more leads than paid search, according to some research. It is a cheaper and effective strategy for your business.
Benefits of Content Marketing
YouTube Marketing
YouTube is the second most popular search engine in the world. There are more than 265 million active users on YouTube in India. That’s why many brands are using YouTube to reach out to their target audience.
Viral Marketing
If you want to generate massive traffic, sales, and create online buzz for your startup then nothing is better than viral marketing.
You can get overnight success with viral marketing if you are able to create content that can go viral.
In Conclusion
There are a lot of strategies and channels through which you can promote your startup. But you need to understand your audience, their behavior, and the nature of your business.
Startup marketing is not impossible but you need to be sure before every step because of the limited resources. Think differently than others and be creative to get success. You can also hire a company for your startup marketing.