How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 02.07.2025 01:09
Product
Place
Good marketing is doing this well.
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
People
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Remarks at the Crypto Task Force Roundtable on Decentralized Finance - SEC.gov
Price
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
Perception
Jimmy Buffett's Wife Files to Remove Co-Trustee on $275 Million Estate - Variety
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
Processes