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Contrary to popular belief, you don’t need to invest thousands of dollars to get your company off the ground. There are plenty of budget-friendly ways to market your products. The key is to invest your money into marketing activities that yield the biggest ROI (return on investment), while not spending money where you could learn to do it yourself.
We’ll give you the low-down on many free tools you can use to cut costs for your marketing initiatives, as well as offer up some ideas for paid marketing that yields the biggest ROI.
When on a budget, the most important would be to minimize costs where it’s possible.
Canva is a free platform that helps you create different visuals using a simple drag-and-drop method. You can choose what sort of visual you’re creating first (Facebook post, cover photo, etc.), and you’ll be given a canvas that’s already measured to size. You can get inspired by their pre-made designer examples, or totally go off on your own.
Lifestyle photos are a great way of giving soul to your marketing images. The problem is that to make your own they require a lot of funds and effort – not only staging a photo shoot, but also hiring the models and of course, the photographer.
Stock photos have come a long way and aren’t the soulless garbage they used to be. There are many new platforms out there where photographers make their images available under the Creative Commons Zero license, meaning that you can freely use the images.
Here are some great sites to start with:
You can also check out this extensive list of stock images that’s been put together by chamberofcommerce.org – it provides a list of over one million stock photos both free and paid.
It’s important to show your products in use or in real life. Here are a few tools that will give you the chance to place your designs on mockups.
Videos are having a moment, there’s no denying it. Both gifs and video content are great as they not only convey more meaning than an image, but they also catch your reader’s eye as they’re scrolling through their feeds.
Here are some Gif tools to consider:
Video tools to consider:
Rather than shelling out the cash to distribute your content through means like Google ads or other PPC platforms, take advantage of the channels that are free to use and make the most of them.
Here are some ideas:
There are countless directions you could potentially go in when you’ve got $50 set aside for paid marketing initiatives. Here are the ones that will give you the most bang for your buck.
Facebook retargeting is the process of showing ads to people who have already visited your store. Visitors to a store that have been shown a retargeting ad are 70% more likely to convert to a buyer.
Why does this work?
Because you don’t need to waste time (and resources!) explaining your brand, products or why new customers should care. They already know, and it’s just up to you to give them a nudge to remind them why they visited your site in the first place (because your products are awesome and they need them, obviously!).
Copying the pixel into your website is different for every platform. Shopify has a space for your Facebook pixel that you can find under your preferences. WooCommerce, on the other hand, will require a plugin to add your pixel, like this one.
Use your retargeting ads to remind your visitors of the products they wanted. You can be creative with your messaging. See how we implemented retargeting for Startup Vitamins.
A lookalike audience is an audience that Facebook generates that is similar to an audience that you already have. You can create a lookalike audience by uploading your email list or a list of your store’s visitors, and then Facebook uses that to locate similarly profiled people to show your ads to. Chances are that they’ll have similar interests, and therefore will also be interested in your products.
Take a look at our tutorial for creating lookalike audiences here.
If you have $50 to spare try implementing pack-ins to your order. But not just any pack-ins. To make the most of this investment, they have to be pack-ins that bring a maximum return on investment.
We suggest adding a pack-in that has a far-reaching result. Here are some ideas:
You don’t have to invest thousands of dollars to see results when it comes to marketing. By combining all of these elements into one digital marketing strategy, you’ve got one solid, and inexpensive campaign. Better yet – when you find a marketing channel that works, you’ll be able to reinvest the income and thus exponentially grow your store’s income.
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