Advertising
Advertising

5 Marketing Mistakes That 95% Entrepreneurs are Making

5 Marketing Mistakes That 95% Entrepreneurs are Making

Marketing is an important element of your small business strategy. If you’re looking to expand your customer base, increase revenue, or grow brand awareness, a savvy marketing strategy is a must.
Marketing for marketing’s sake, however, won’t always show positive results. These 5 mistakes commonly made by small businesses can actually sabotage your goals, rather than support them. But don’t fret—there are simple solutions for turning these mishaps into wins.

1. Talking About Yourself

Your company just had its three year anniversary and you even won an award! Your customers care, right? Not always. A crucial misunderstanding of small businesses is believing that you and your customers value the same things. What can you do for a customer that no one else can? To successfully market your small business, don’t sell the customer your product (or service); sell them your solution.

Advertising

Market research, even basic, is very helpful. Consider crafting a simple survey with SurveyMonkey, or polling a small focus group. (Online crowdsourcing can be an inexpensive replacement for focus groups.) These basic research methods can give you new insight, and help you shape your marketing message to focus less on you and more on the consumer.

2. Forgetting Your Current Customers

You’ve put all your company’s resources into advertising and even jumped on the Groupon bandwagon. Are you spending so much time focusing on attracting new customers, you’re forgetting about your current ones?

Advertising

It’s common for small businesses to think they must grow through growing their customer base, but you can target current customers, too. There are many different ways to stay in touch with current customers after the sale. Email is one method that is inexpensive and can yield high success rates, but be sure to follow a detailed guide to small business email marketing. Your email should have certain elements, such as relevant and useful content, to be successful.

3. Social Media Abuse

Social media marketing can be an inexpensive, effective marketing solution and is a must-have for most small businesses. However, starting a Facebook page and sending a few tweets isn’t enough. Social media marketing is a complex marketing tool, and if used the wrong way can actually harm, rather than help, your small business.

Advertising

What you need is a social media strategy. First, understand how to use social media effectively, and then, create a social media marketing plan. Use your marketing research to understand where your customers are online and create a brand presence there. Only communicate relevant, helpful information to your followers; never spam or you’ll quickly lose friends.

4. No Call to Action

When a potential customer sees your ad or comes to your website, what do you want them to do? Subscribe to a newsletter? Sign up for a promotion? Without a call to action, your customers won’t know what to do with the information you’ve given them, and if they move on, you’ve lost your opportunity.
Using a call to action button on your website is one simple strategy. These are coded buttons that drive a webpage visitor to “click here” to sign up for a newsletter, or whatever your intention is. If you don’t take the initiative to help your customer find you, they likely won’t find you at all.

Advertising

5. Not Measuring What Matters

No matter how small your business, or how much room you have to grow, you should always be measuring success. This is how you evaluate performance and also gives the company marketing goals to works towards. There are simple, inexpensive strategies for small businesses to track marketing return on investment. Leveraging a few different techniques is necessary to understand how your marketing efforts are paying off. You want to be sure you have a good idea of what marketing strategies are more effective than others, and how they all tie into the bigger business goal. Even if you aren’t interested in the numbers, your CEO surely is!

Even as a small business, you can still have a creative, inexpensive marketing strategy. Avoid common marketing mistakes, make smart decisions, and your small business can have a successful marketing strategy, too.

More by this author

5 Questions You Must Ask Yourself Before Choosing a Career Planning a Wedding? 5 Responsibilities to Delegate to the Groom 5 Marketing Mistakes That 95% Entrepreneurs are Making Top 10 Tax Write-Offs for Small Business Owners Have You Given Up? 7 Apps That Help You Keep Your Goals Throughout the Year

Trending in Work

1 The Lifehack Show Episode 12: Staying On Top of Your Game as an Entrepreneur 2 How to Use Visual Learning to Work More Effectively 3 The Lifehack Show Episode 10: Dealing With Burnt Out Bosses 4 10 Huge Differences Between a Boss And a Leader 5 10 Best Career Books To Help You Do Work You Love

Read Next

Advertising
Advertising
Advertising

Last Updated on November 5, 2019

How to Use Visual Learning to Work More Effectively

How to Use Visual Learning to Work More Effectively

Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

The Importance of Knowing Your Learning Style

Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

But it all starts when you’re able to first identify the best way you learn.

As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

The four most popular types of learning styles are:

Advertising

  • Visual learning style (what this article talks about).
  • Aural or auditory learning style (learning by listening to information presented).
  • Verbal or linguistic learning style (learning that involves speech and writing).
  • Tactile learning style (learning by touching and doing)

But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

How to Know If You’re a Visual Learner?

When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

Advertising

By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

How to Use Visual Learning for Success

Here’re 4 ways to use visual learning to boost your career or business:

1. Bring back the to-do list. Then add shapes and colors to boost productivity.

We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

2. Add graphs, charts and symbols to your reports.

Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

Advertising

And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

3. Effectively brainstorm with mind-mapping.

Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

4. Add video streaming to meetings.

What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

Advertising

When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

Is Visual Learning Better Than Other Learning Styles?

No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

More About Learning Styles

Featured photo credit: Unsplash via unsplash.com

Reference

Read Next