If you are new to the business and afraid not to gain, don't jump immediately to the conclusion that marketing your products is the solution. You might be throwing your money in the wrong way. As you iron out the details of your product in the early stages, it’s important to have conversations with customers and tweak your product based on their feedback. You have to get to know who your customers will be and know the kind of messages they respond best to. It is typically not a great idea to invest money into paid marketing or advertising until you reach product/market fit. Otherwise, you may end up just throwing your money away without seeing any results. As soon as you see the positive flow of your sales, that is the right time to hore a marketer of your products or inspire one of your workers and just give extra benefit in doing it.
Avoid investing in paid marketing too early
- Thread starter Starmix
- Start date
Frankly speaking l would allow for the newly opened business to gain sustainability before l can invest in the Paid advertising and marketing because this can exhaust the business finances which leads to the business collapse.
- Thread starter
- #4
Only do marketing your business if see that it booms and sales are always on a landslide. You may only waste your money hiring a marketer. You have to know what product is best to market to avoid wasting money.
F
For me l would say this concerning this matter at hand, that a product or business that needs a lot of marketing and promotions are deemed as not preferred or of low quality. The best thing to do on such kind of scenario is improving the quality and taste for the particular products.
That is right. You can use different social media platforms to advertise your products. There is no need to pay for a marketer in the meantime. Also, ask family and friends to help you out with the marketing aspect of your business.
- Thread starter
- #8
You are so right, it is better that way to improve the quality of the products so customers will not hesitate to buy. If continue selling cheap qualities, then hire a marketer, the more the products will not be sold .
- Thread starter
- #10
It's very impractical to hire a marketer whose talent fee is high. People buy regardless if the business is advertised or not. The best promoters are from words of mouth.
- Thread starter
- #14
There are ways to reach out to clients like word of mouth from our relatives, friends, and neighbors. We can ask help from them to introduce our products. There is no need to hire a marketer, it is impractical.
