How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 28.06.2025 19:15
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
Good marketing is doing this well.
Xbox Building A Handheld 'Makes No Sense', Says Former Blizzard Boss - Pure Xbox
Place
People
Product
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Price
Nuclear rocket engine for Moon and Mars - European Space Agency
Perception
Processes
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Cleveland-Cliffs, Tesla, GM, Blueprint Medicines, BioNTech, DraftKings, and More Movers - Barron's