Industry Specific Marketing Advice

Marketing a Geotextiles Retail Business

Small and medium size geotextiles retail businesses can compete and even outperform larger competitors. All it takes is the right marketing plan.

A high-quality marketing plan connects your company to your customers. Without it, you'll quickly find your geotextiles retail business cut off from the marketplace.

However, foundational marketing principles may not be enough to capture the attention of buyers in today's market. You'll also need to incorporate creativity, common sense, and flawless execution into your marketing routines.

Cost Tracking

The economy is a constant concern for people who own a geotextiles retail business. You can't afford to waste money on inferior marketing resources. Since every dollar counts, it pays to buy mailing lists from trusted vendors. Companies that rely on accurate mailing lists reduce time spent chasing down stale leads.

But mailing lists aren't the only way you can reduce costs. Most accounting software solutions have features that allow you to track costs in multiple expense categories and receive alerts when expenses suddenly swing outside of normal parameters.

Viral Marketing

There isn't a simple formula for launching a viral marketing campaign. By including viral elements in a campaign for a geotextiles retail business, you ultimately have to cross your fingers and hope for the best. Although you have little control over whether or not your products go viral, there are things you can do to nurture your brand's viral capacity. One strategy is to launch a viral marketing initiative by inviting a select group of customers to test your products and post their experiences on their social networking pages.

Hiring A Marketing Firm

Think you can handle your own marketing? There is a reason why many geotextiles retail business owners consider outsourcing their promotional and advertising functions to a professional marketing firm. Unless you have a marketing background, you won't be able to touch the ROI you'll receive from a professional firm. Does a marketing firm cost money? Sure, but not as much as you may think. When it's time to look for a marketing firm to represent your geotextiles retail business, experience should trump other considerations. Avoid young marketing firms staffed exclusively with inexperienced hot shots. Novice marketers bring a lot of passion to the table, but they also tend to embrace high-risk marketing strategies that lack the payoff you'll get from an established firm.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary