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Creative but Inexpensive Small Business Marketing

Even though you may not have a huge advertising budget at your disposal, your business can still make a big impact.
Creative but Inexpensive Small Business Marketing
Tips
July 2023

Even though you may not have a huge advertising budget at your disposal, your business can still make a big impact. Try some of these creative and relatively low-cost alternatives.

Create a challenge, offer a solution

Turn your product or service into a fun challenge that has the potential to massively increase your customer base.

For example, a local hardware store could offer free Saturday morning DIY workshops in-store on varying topics, and promote them on its Facebook page and in notices in the local community centre: “No good at DIY? We’ll teach you some basic skills for free that will save you heaps. Week 1– Fixing a leaky tap.”

Those who attended would be likely to stick around afterwards to buy the tools and equipment they need for the project covered.

Run a scavenger hunt

Have you seen groups of people, sometimes dressed to a theme, running excitedly around a city centre armed with their phones? Chances are they’re taking part in a scavenger hunt involving geocaching, using GPS to follow successive clues in a mobile app in the hope of securing a prize at the final location.

You can harness the appeal of this type of treasure hunt in your own locality, to tell a story about your business and engage both existing and new customers, but without knowing anything about geocaching. Create your story, pick your locations, decide on the clues, and promote the date, time and prizes to be won on your Facebook page. At the appropriate time, release the clues on Twitter, and ask participants to take photos of themselves at each location. The final location is your business, and participants with all the correct photos receive prizes or discounts.

Collaborate with other businesses

Get involved in cross-promotion with other businesses. Small businesses in your locality could join forces in the type of scavenger hunt described above, for example. Or you can feature complementary businesses on your website or social media pages. Hairdressers, beauticians and florists might cross-promote, while diverse building trade businesses – such as carpentry, plumbing and painting – have lots to gain from collaboration.

Get involved with your local community

Nothing beats positive word-of-mouth advertising and personal recommendations. You’re more likely to generate this kind of free marketing if you have a cordial relationship with your local community.

Here are some ideas to consider:

• Host a fundraiser for a local charity.• Volunteer locally, and give your employees time off to do the same while wearing their work uniform, or just a cap or T-shirt bearing your logo.• Sponsor a local sports team, and potentially put the name of your business on their team strip.• Donate prizes of your products or services to school and community group raffles.• Welcome work experience students, who will get to know your business and tell friends and family about it.

Be creative and save money on advertising

These are just a few of the less obvious ways you can market your small business. But you should also create a free Google My Business account, and make sure that you regularly publish useful content on social media pages your potential customers are likely to interact with.

Marketing doesn’t need to be expensive. It just needs to be a little bit creative.

*The information in this post is provided for general information only and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from financial, legal and taxation advisors. Although every effort has been made to verify the accuracy of the information as at the date of publication, Geared Finance, its officers, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy, or omission from the information for any reason, including due to the passage of time, or any loss or damage suffered by any person directly or indirectly through relying on this information.

Don’t take our word for it! Hear it from our customers.

Sodexo
We have been working with Geared Finance for the past 4 years and always found their service attentive and prompt. Geared provides a high level of customer service and works with us to create bespoke solutions that suit our business. They are always professional, supportive, and ready to assist.
Sandra Giannakopoulos
Sandra Giannakopoulos
Sodexo
Sandra Giannakopoulos
Sodexo
Sandra Giannakopoulos
Fabulous Catering
Geared Finance has supported our business in many ways. From equipment and solar to software and vehicles, they offer solutions across the board. With competitive rates and fast service, they provide advice and experience that help our business grow. We’re proud to be a loyal client of Geared Finance.
Adam Pope
Adam Pope
Fabulous Catering
Adam Pope
Fabulous Catering
Adam Pope
Alphington Grammar School
Geared Asset Finance has financed our school’s IT equipment over the years. As a school, we need flexibility and an understanding of financial cycles, which they provide. Their support and service are reliable, and we’ve always felt confident working with them. We highly recommend them to others.
Manuel Pappos
Manuel Pappos
Alphington Grammar School
Manuel Pappos
Alphington Grammar School
Manuel Pappos
Geelong Collision Care
The team at Geared Asset Finance has been phenomenal. They handle our business finances from start to finish and are always available to help. Their long-term support has made a real difference to us. We’ve trusted them for years, and we’re sure we’ll continue to work with them well into the future.
Mark Clarke
Mark Clarke
Geelong Collision Care
Mark Clarke
Geelong Collision Care
Mark Clarke
Stomping Ground Brewing Co.
I have been working with Geared Finance for over 10 years. During this time, they have helped us with our equipment finance needs and have been a pleasure to deal with. The team is responsive, fast, and easy to work with. They go above and beyond, even liaising with suppliers to streamline the process.
Guy Greenstone
Guy Greenstone
Stomping Ground Brewing Co.
Guy Greenstone
Stomping Ground Brewing Co.
Guy Greenstone