Starting your business on a shoestring budget? Have lots of ideas and imagination but not that much money? Well, you are not alone. There are many more people just like you. Starting up a business doesn’t take that much amount of heart and soul as compared to making your startup have a smooth sail.
Whether it be a small startup, a local NGO or even a small kirana store, the first thing to do is to grasp the local market. Of course, which business doesn’t want to take the world. But sometimes in order to achieve something big you first need to do the smallest things, which means, if you want to conquer the global market, you first need to establish green flags on the local market.
To make this journey a cake walk, let us drive through some of the points to remember and implement.
- If you own a small startup and don’t have a website, then why do you even have a startup? The first thing is to make a proper, fast and an eye catchy website. Not only will this will make your business look legit but will also give you an opportunity to include creativity and innovation. I mean, who isn’t impressed by a website that has things flying and the wallpaper moving along with the cursor.
- So now that you have started your own website, why don’t you also move your arms in blogging? It doesn’t matter if you are professional or not, just provide information that will be helpful to your customers. Chances are that your probability of appearing in search engines increases more if you have a blog along with a website. This way you can do Search Engine Optimization even better.
- Sponsorships are also a great key ingredient in this recipe of gaining in local market. Wait, I am not talking about you getting sponsorships from xyz, instead I am asking you to sponsor local events. What is the best thing you can get out of festivals apart from customers? You can get attention of prospective customers. So next time when there is a local event happening around you, better to sponsor it.
- Offer discounts. Anyway, you are new in the market, chances are less people will notice you at first because of heavy competition. If you want to fight in this competition, you can give discounts. There are more chances that people will come and visit you and if you have an e-commerce startup, more chances of getting view per click.
- Make your presence felt on social media and physically. Give out flyers, put on banners so that people notice. As far as social media is concerned, start by posting ads on Facebook and Instagram. People are more likely to say “Oh! This shop is very nearby to my house, let me check it out once”.
- Improve! Improve! Improve! Change is permanent. Your business is not perfect and it is not the ultimate business plan, but hey, things have just started and you will improve day by day. Just keep improving and improvising. Don’t hold back and think “How will my business survive in such competition?” because respected sir or madam, a business with imperfections and improvements is always better than a no business at all.
Leave a Reply