How to Improve Business Marketing

Marketing a Taxicab Services Business

It's becoming more and more difficult for taxicab services businesses to rise above the clamor of the marketplace. Innovative marketing strategies may be your best bet for out-promoting -- and outperforming -- the competition.

We recognize that the best taxicab services business owners are adept at promoting their brand and products. However, capable marketing is elusive for many leaders in this industry.

Marketing increases the brand footprint of a taxicab services business using a carefully crafted mix of techniques and tactics.

ROI

The overall effectiveness of marketing and promotions boils down to the return you receive for your investment. Like any other business, ROI is a primary marketing concern in your taxicab services business.

Mailings and other direct B2C/B2B channels can deliver decent ROI, but only if the lists are accurate, up-to-date and targeted to your market segment. For filtered and sorted mailing lists, you'll want to work with one of the direct mail industry's leading list providers.

Directories

A directory listing may be one of the best ways to increase the visibility of a taxicab services business. Directory selection is often dictated by the market when promoting taxicab services businesses to market segments. Premium directories may or may not deliver the ROI you expect to receive from paid marketing vehicles. Do your research and make sure any directory in which you list your business is capable of reaching enough likely customers to make it worth the effort. Some directories may also let you list more than your name and contact information, so be sure to ask whether your listing can include a logo and other information about your business.

Customer Awareness

Most taxicab services businesses go out of their way to maintain clear channels of communication with their customers. In this market sector, managers and promoters need to be extremely familiar with their customers' needs and purchasing preferences. Why? Because without a thorough understanding of buyer mindsets, it is impossible to accurately predict which tactics will deliver results. On the other hand, businesses that are in touch with their customers' preferences and pressure points are better equipped to create marketing strategies that connect with buyers.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary