Marketing Tactics for Niche Markets

Marketing a Limos Business

Marketing plays a central role in any company. But when it comes to a limos business, your ability to market your brand can be the deciding factor between barely making it and achieving stellar industry success.

Multiple marketing factors affect bottom line profitability. However, great marketing strategies share a common characteristic.

Staying on track requires attention to detail and a commitment to foundational marketing principles.

Technological Expertise

The PR and marketing community has embraced technology with open arms, transforming basic marketing concepts into sophisticated, tech-driven systems and solutions. One of the things that needs to be considered by limos businesses tends to be a search for news to leverage technology to scale up the organization's promotional firepower. Despite the initial cost associated with many technological solutions, the long-term payoff for the right technologies almost always outweighs the upfront expense.

Marketing Ethics

Some marketing strategies may be effective, but don't make the grade in the area of ethics. Successful limos businesses subscribe to a strict ethical marketing code, even when competitors intentionally mislead customers with exaggerated claims and falsehoods. Ethics are especially important in direct marketing. By relying on trusted list provider, you can ensure that your lists are accurate and are consistent with standard industry protocols.

Broadcast Advertising

Broadcast advertising has clearly taken some hits over the past couple of decades. The number of consumers who tune-in to local TV and radio has plummeted, and the industry has struggled to regain its footing. However, it would be a mistake to discount broadcast advertising entirely. Many limos businesses can still use it to their advantage. Best practices for the use of broadcast advertising require businesses to evaluate their target audience's listening or viewing patterns and then tailor their media purchases to specific media outlets rather than blanketing the geography with brand messaging. When broadcast strategies are applied to limos businesses, a combination of marketing venues is preferable to relying exclusively on local broadcast opportunities.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary