How can a small local business with no marketing budget use social media to attract more customers?

Last Updated: 03.07.2025 05:50

How can a small local business with no marketing budget use social media to attract more customers?

Perception

Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:

Good marketing is doing this well.

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as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.

If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.

Price

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AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)

People

Processes

Undercover cops in New York are riding the subways with iPods on to entice robbery. Is that a form of entrapment? If not, why not?

Place

Product

Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.

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