Does Marketing Really Matter? (8 Benefits That Show It's Critical)
By dshah@hubspot.com (Dharmesh Shah)
Many small businesses don’t think they “do marketing,” or need to “do marketing.” In fact, around 37% of small businesses in a survey of 500 small businesses don’t have a website to market their products and services.
The basis for this line of argument for many of them is that they’re too busy trying to get customers through the door to be bothered about “fancy marketing.”
However, marketing is a more effortless and surer way to bring in the business they want. This article will reveal some benefits of digital marketing for small businesses and show that marketing truly matters regardless of the business you run.
They believe that customers would inevitably find their way to them since they have a great product or service. But unfortunately, although this strategy might bring some customers (after all, who doesn’t love great products and service?), its results pale compared to what they’ll get if they use digital marketing.
The global pandemic and measures to curb its effects have changed the business and retail landscape. Many people have integrated online reviews and searching online into their decision to purchase a product or service. This reveals just how much digital marketing helps small businesses and why it’s in their benefit to take advantage of this new situation.
The market out there is simply too big and important to be ignored. According to the Global Overview Report, more than 4.6 billion people worldwide use the internet, and 46.3% of them use the internet to research products and brands.
So, what does this mean? Having a great product or service is essential, but it’s ultimately futile if nobody knows about it. Digital marketing is how you get your product out there and should be part of every small business’s strategy for growth.
Why some small businesses don’t invest in digital marketing
Since marketing offers many benefits, it’s bewildering to see small businesses fail to invest in it.
However, it’s important to note that these owners have their reasons. Some of the common reasons include:
Service-based companies don’t need to do marketing.
On the surface, this looks like a genuine reason, but it turns out to be smoke and mirrors. As long as you’re a business selling something, you can benefit from a sound digital marketing strategy.
The business has tried marketing before and it didn’t work.
Just because you’ve tried something before and it failed doesn’t mean it can’t ever work. Have you tried something else? Sometimes, some businesses have started on the right marketing path but fall off because of a lack of patience.
It’s essential to measure the right metrics in any marketing campaign to judge whether it’s working or not accurately.
There is plenty of help available to small business owners who want to improve their marketing strategy.
The business is small and plans to stay small.
Growth isn’t for everyone and small businesses that …read more
Source:: HubSpot Blog