Marketing Plans for Niche Markets

Marketing a Wiring Cable Business

Marketing a wiring cable business can be a daunting task for new entrepreneurs. But with consumer demand on the rise, marketing skills are becoming increasingly important for wiring cable business owners and managers.

Need to improve the effectiveness of your marketing channels for your wiring cable business? That's becoming a common theme these days, especially in this market sector.

However, foundational marketing principles may not be enough to capture the attention of buyers in today's market. Effective marketing now means translating market learnings into techniques and tactics that are relevant to your business.

Viral Marketing

Viral marketing is one of the most elusive marketing techniques in a small business owner's arsenal. When you're marketing a wiring cable business, there are no guarantees your efforts will be rewarded. But despite the risk, viral marketers can influence the likelihood of success. Social media and other online vehicles can seed a viral marketing campaign, but you'll need to nurture their development through direct customer interaction as well as other techniques.

Managing Negative Publicity

Not sure how to handle negative PR? You're not alone. It's a probably faced by many wiring cable businesses. The worst way to handle negative buzz is to put off developing a response until reporters are pounding on your door, demanding a comment from a company spokesperson. PR savvy wiring cable businesses work with consultants to develop a crisis response plan that can be executed on a moment's notice. Since part of your crisis response may involve direct mail, we also recommend working with quality mailing list providers to obtain accurate contact lists.

Competitive Awareness

Good marketing begins with an awareness of what your competitors are doing to attract customers and stir up sales. We appreciate innovative tactics. But when innovation causes you to abandon message streams that are trafficked by similar wiring cable businesses, there's a good chance that you're missing something. Although you might be convinced that a new strategy will give your company an edge, it's reassuring to consult with a professional marketer before you go too far down the road.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary