Smart Marketing Strategies for Niche Markets

Marketing an Open Bible Churches Business

Small and medium size Open Bible churches can compete and even outperform larger competitors. All it takes is the right marketing plan.

In an Open Bible church, a great business model doesn't guarantee solid revenues.

Marketing increases the brand footprint of a Open Bible church using a carefully crafted mix of techniques and tactics.

Measurement & Evaluation

Performance is the ultimate measure of quality. You can improve the quality of your B2B and B2C efforts by considering professional mailing lists provided by established vendors. That's just one of the ways Open Bible churches may be able to increase the impact of their marketing tactics. However, there are no substitutes for measurement and evaluation mechanisms. Each marketing campaign should be subjected to quantitative analysis, paying close attention to the amount of new and repeat business it generates for your company. If a campaign or technique fails to meet your expectations, carefully evaluate the reasons for the failure and adjust your marketing mix accordingly. Given the importance of measurement and evaluation, Open Bible churches often choose to consult with professional marketers for assessment tools and strategic insights.

Bundling

Messaging matters - but only to the degree that it communicates value to cost-conscious consumers. Businesses that bundle products tap into the market's psyche by creating the perception (real or imagined) of cost-savings. Nearly any type of business can tap into the benefits of bundling products or services, so it's easy to see how Open Bible churches can leverage bundling to improve sales and attract new customers to the brand. Since the bundling concept is based on discounts, consumers expect to pay less for the bundle than they would if they were to buy the products separately, so you'll need to make sure your bundle offers real value to buyers.

Expand Your Advertising Options

Take a look around the industry. Chances are, you'll see companies using a vast array of advertising vehicles to communicate brand messages. But for Open Bible churches, the challenge is identifying the advertising solutions that are appropriate for your customers and consistent with your marketing goals. These days, Open Bible churches are leveraging digital assets to communicate brand messages through powerful online channels, maximizing ROI and gaining a more direct pipeline to their customers. In general, if your competitors know more about promoting their business online than you, you may lose market share.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary