Promoting a small business usually presents two major challenges. First: how do you promote your small business when your advertising budget is tight? The second challenge: how do you reach your niche market while still remaining within the confines of a small budget? The key to meeting these challenges lies within one answer:
business giveaways.
When it comes to a specialty market like sports-related products, small businesses who cater to athletes need not spend thousands of dollars on billboard advertising to get the word out.
In fact, the opportunities for advertising on a budget are abundant. Placing business giveaways like
water bottles,
golf tees or
athletic wear directly into the hands of customers and potential clients is a more effective way to advertise. It's also an efficient way to make the most of your tight promotional budget.
Action Steps
The best contacts and resources to help you get it done
Finding your niche market.
The next step is getting your business giveaways into the right hands. The solution is going to where the athletes are.
I recommend: participating in
trade shows which are geared toward the sportsman/woman. Your potential clients will come directly to you. Begin every conversation with the benefits of the service(s) or product(s) that you offer. End your conversation by placing your
customized promotional product into the person's hand.
Seek out local athletic groups.
If your small business is locally-based, find out what leauges and teams are active in your area. Teams and leagues are almost always happy to accept business giveaways in exchange for promoting your business.
I recommend: offering your promotional products free of charge to local athletes. Supply a local
Little League team with company logo-embossed prizes. I like the
9" Glow in the Dark Flyer . This fun frisbee glows in the dark, ensuring that your logo will be seen even at night. At the same time, treat parents of players to a
logo-emblazoned umbrella, perfect for those games or practices that are graced with a light shower.
Don't overlook the overlooked.
There are many untapped groups of athletes that are starving for the kind of boost that your business can offer.
I recommend: thinking outside the box. Many churches, private schools, businesses and non-profit organizations have either organized or casual sports leagues or events. Most of these get very little attention from local businesses. This could be your chance to swoop in and scoop an organization right out from under your competition. Supply a non-profit organization's fundraising golf tournament with balls or tees or even a business-sponsored trophy (I like the
18th Hole Award.) Offer to outfit a local church's bowling team. Provide a running club with pedometers or a tennis club with
sweatbands. The possibilities are endless if you keep your eyes open for opportunities.
Tips & Tactics
Helpful advice for making the most of this Guide
- Keep a diverse supply of business giveaways on hand. You'll have more