The rapid growth of low-cost online marketing is motivating local business owners to embrace social media as a way to reach new clients. Small private practices can be overwhelmed by the prospect of incorporating social media into their marketing plans because it is very time consuming. However, when done right, it can be a cost-effective and powerful tool for connecting to new clients. According to a recent MerchantCircle survey, local businesses are focusing more time and budget on their efforts to bring consumers in the door.
Key Online Media Marketing Points from the survey:
- Local merchants are flocking to simple, free marketing methods such as social media sites and are slow to adopt mobile marketing and group buying.
- Facebook has now surpassed Google (66 percent) as the most widely used marketing method amongst local merchants.
- Facebook is almost tied with Google search (40 percent) as one of the top three most effective marketing methods, with 37 percent rating Facebook as one of their most effective tools.
- Twitter: nearly 40 percent of local merchants are using the microblogging platform to build awareness, up from 32 percent in Q4 2009.
- Mobile marketing: less than 15 percent of merchants report doing any sort of mobile marketing or advertising, and more than half have no plans to do so in the coming months.
- Traditional offline marketing methods continue to decline across the board.
Think about the above points. While many practices spend thousands of dollars each month on SEO strategies and competing for Google rankings, they eschew free or low-cost alternatives that connect them more effectively with a targeted audience. Take point #5 for example – mobile marketing can be a costly method of promoting your practice, and the survey results show that business owners recognize this fact. In this fast-communication environment, being able to connect to those consumers through social networks can be the difference between finding new clients or being overlooked in the market.
