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Jeweller - October 2023

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BUSINESS<br />

Logged On<br />

Promotional mistakes your business should avoid<br />

Placing your business in a position to succeed online can be a headache.<br />

BRIDGET BROWN reveals the digital marketing pitfalls small businesses should avoid.<br />

“A small business is not a ‘little’ big<br />

business.”<br />

This adage comes from executive leadership<br />

coach John Welsh, and I couldn’t agree<br />

more. Every small business owner knows on<br />

some level that ‘small business’ marketing<br />

is different from ‘big business’ marketing;<br />

however, it can be challenging to define<br />

precisely why.<br />

This is partly because most marketing advice<br />

implies we should mirror what the most<br />

successful big businesses are doing.<br />

For example, the best practices for building<br />

a website, running a promotion, and using<br />

social media are all based on the model that<br />

works for the ‘most successful’ businesses.<br />

This is something to remember if you’re a<br />

small business owner wondering whether<br />

you should jump on the latest marketing<br />

bandwagon. Marketers don’t tell you, or<br />

perhaps don’t realise themselves, that<br />

‘success’ does not mean immediate massive<br />

sales increases.<br />

First, many small businesses have struggled<br />

when increases happened faster than they<br />

could handle. Only some small stores want to<br />

become Amazon! Even if that is your dream,<br />

you must be aware of three small business<br />

marketing mistakes that could get in your<br />

way.<br />

What got you here won’t get you there<br />

It’s not a good plan to use Apple’s<br />

best practices for marketing your<br />

small business.<br />

That’s because you need to succeed at<br />

being a small business first. It’s like that<br />

old expression, “what got you here won’t<br />

get you there.”<br />

I had a brief experience at a large marketing<br />

agency when I first left television. I was<br />

working with a customer with a new product<br />

set to appear at an LA gifting suite at an<br />

upcoming event.<br />

She wanted press releases sent to Vogue,<br />

Refinery29, and even Paris Hilton. Not<br />

Hilton’s company, mind you – she wanted it to<br />

be sent to Paris personally!<br />

I suggested holding off on the LA press<br />

push until she had sales. I believed her time<br />

and money would be better spent by getting<br />

credible media attention in her city, before<br />

trying to out-compete every Hollywood<br />

starlet with a beauty line.<br />

I had no doubt she could be very successful,<br />

but I wasn’t surprised when she didn’t<br />

get a single media appearance from her<br />

press release. She hadn’t done the hard<br />

work of building a fan base before trying to<br />

embrace the most competitive attention.<br />

Blindly following trends<br />

Many people need help trying to gain<br />

traction on platforms like YouTube, TikTok<br />

or Instagram for small business marketing.<br />

Do you ever ask yourself why you’re trying<br />

so hard to beat the algorithms?<br />

While focusing on the sheer volume of<br />

enquiries can work for small business<br />

marketing, it is optional for small<br />

business marketing and can be a<br />

significant waste of time.<br />

Fast expansion is almost always terrible<br />

for small businesses. Let’s be honest: if<br />

everyone who went to Tiffany & Co. today<br />

called your business, it would be impossible<br />

for you to handle the sudden traffic, and<br />

you’d likely end up angering your existing<br />

customers.<br />

Focusing on the ‘trying to beat the<br />

algorithm’ point, in small business<br />

marketing, you have a choice whether you<br />

chase social media success.<br />

That’s because no matter what you do, you<br />

Many people<br />

struggle to<br />

gain traction<br />

on platforms<br />

like YouTube,<br />

TikTok or<br />

Instagram for<br />

small business<br />

marketing. Do<br />

you ever ask<br />

yourself why<br />

you’re trying so<br />

hard to beat the<br />

algorithms?<br />

won’t beat the Tiffany & Co. of your industry.<br />

At least, not yet.<br />

You could view that as a negative, but you<br />

could also see it as a relief. Often, we focus<br />

so hard on using a particular trendy tactic<br />

that we don’t stop to consider if there is an<br />

easier and more effective way that suits<br />

small business marketing.<br />

The Amazon Prime Day fallacy<br />

Attempting to replicate the Amazing Prime<br />

Day strategy will do more harm than good to<br />

your business.<br />

The first year Amazon offered Prime Day,<br />

I didn’t find a single thing that was excellent<br />

value. It seemed like a plot to drive traffic. My<br />

trust level for Amazon was lower than ever.<br />

We know that in the grand scheme of things,<br />

Amazon loses very little by losing my trust.<br />

However, as small business owners, we both<br />

need our audience to stick around. Chances<br />

are you need a much higher percentage of<br />

your leads to convert to sales than Amazon<br />

does.<br />

If one potential customer in your target<br />

audience is bothered by a marketing tactic<br />

you choose, that is a more significant<br />

problem for your business than it would<br />

be to Amazon.<br />

Instead of offering your jewellery at a shady<br />

‘discount’ price, it makes more sense to<br />

put the effort and expense into your search<br />

engine results performance and your mobile<br />

web speed.<br />

If your website is sluggish, you might lose<br />

the opportunity to connect with one specific<br />

customer who could really make a difference<br />

for your business.<br />

Each individual visitor is important, yet many<br />

small businesses don’t make that their<br />

priority.<br />

BRIDGET BROWN is founder of Create<br />

That Copy & Marketing, a Canadian<br />

marketing firm focused on generating<br />

leads and increasing sales and<br />

revenue for small businesses.<br />

Learn more: createthatcopy.com<br />

<strong>October</strong> <strong>2023</strong> | 77

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