November 13, 2023

TF #021: Getting Started with Marketing: Low-cost tactics

TF #021: Getting Started with Marketing: Low-cost tactics

Getting Started with Marketing: Low-cost tactics

You know better than anyone: attracting a steady stream of new customers is crucial for sustained growth. However, with tight budgets and increasing competition, finding cost-effective marketing strategies is key.

The good news? When it comes to promoting your business, there are countless free and low-cost ways to spread the word and convert new subscribers. A few of our go-to strategies? 

#1. Leverage Social Media

Before you start exploring and engaging potential partners, it’s important to understand the benefits of influencer marketing—and what, specifically, you want to gain from these relationships. While some brands are looking to, simply, align with an influential voice in their pace, others are looking to build awareness for a new launch or to accelerate impact of a seasonal campaign. Some other reasons to tap influencers?

  • Enhanced Visibility: Influencers have established followers who trust their opinions. By partnering with them, you expose your brand to a wider audience, increasing your visibility and potential customer base.
  • Increased Credibility: When a respected influencer vouches for your product, it lends credibility to your brand. This can be especially crucial for newer or lesser-known businesses.
  • Added Engagement: Influencers know how to engage their audience. Their endorsement can lead to increased interaction on your social media profiles, driving more traffic to your website.
  • Targeted Marketing: Influencers often have niche audiences. Partnering with the right influencer allows you to tap into a specific demographic, ensuring your marketing efforts are more focused and potentially more effective.
  • Cost-Effective Advertising: Compared to traditional advertising channels, influencer marketing can be more affordable while delivering a higher ROI, especially if you work with micro-influencers.

#2. Start a Blog

Blogging is a great way to share valuable content, establish authority in your niche, and improve your website’s SEO. Focus on what you do best as well as what you want to align with when potential subscribers are searching for heat-and-eat delivery options—and start building your calendar from there. As you’re planning, consider:

  • Sharing Recipes and Cooking Tips: Your audience will appreciate easy-to-follow recipes and cooking tips that help them make the most out of your meals.
  • Highlighting Customer Stories: Share testimonials and stories of how your service has positively impacted your customers’ lives. This creates a personal connection and builds trust.
  • Optimizing for SEO: Ensure that your blog posts are optimized for search engines. Use relevant keywords, internal links, and high-quality images to improve your blog’s visibility.

#3. Offer Referral Programs

Referral programs incentivize your existing customers to bring in new customers. And the best part? There’s no cost unless these referrers actually deliver—it’s a win/win. As you’re planning your referral program, keep these best practices in mind:

  • Provide Attractive Incentives: Offer discounts, free meals, or other perks to both the referrer and the referee. Ensure that the rewards are enticing enough to motivate participation.
  • Make It Easy to Refer: Simplify the referral process. Provide a unique referral link or code that customers can easily share with their friends and family.
  • Promote Your Referral Program: Use your social media channels, email newsletters, and website to promote your referral program. Highlight the benefits and make it clear how customers can participate.

#4. Utilize Email Marketing

If you aren’t using email to engage your audiences—or are just using it to communicate boxes are on the way—it’s time to step it up. Even a small list can be a mighty marketing tool. To ensure success: 

  • Send Engaging Content: Share recipes, cooking tips, and promotions through your email newsletters. Make sure your content adds value and encourages readers to try your service.
  • Personalize Your Emails: Use personalization to make your emails more relevant and engaging. Segment your email list based on customer preferences and send tailored content.
  • Keep Building Your List: Your email list should include buyers and non-buyers. To keep this list growing, make sure you’re leveraging powerful lead gen tools—for example, encourage website visitors or social followers to subscribe to an ongoing newsletter, discounts, or access to exclusive content and deals. The more high-value the offer, the more likely you are to capture emails, creating a list of engaged, aware prospects you can market to for free, now and in the future. 

#5. Partner with Local Businesses

Collaborating with local businesses can help you reach a wider audience. Consider brands and businesses that are complementary to your subscription service—a wine shop, for example, could offer a discount on pairings or a local courier service may be interested in partnering on same-day delivery. To get started:

  • Identify Potential Partners: Look for local businesses that share a similar target audience but are not direct competitors. Gyms, coworking spaces, and local markets are great options.
  • Offer Exclusive Discounts: Provide exclusive discounts or bundle offers to the customers of your partner businesses. In return, allow them to offer their services or products to your customers.
  • Co-host Events: Organize joint events or workshops to showcase your products and engage with potential customers in person.

#6. Engage in Community Events

Likewise, participating in community events allows you to connect with potential customers and build a local presence. Some good places to start?

  • Farmers’ Markets and Food Festivals: Set up a booth and offer samples of your meals. Engage with attendees and share information about your subscription service.
  • Sponsor Local Events: Look for sponsorship opportunities at local sports events, charity runs, or community festivals. This increases your brand visibility and shows your support for the community.
  • Host Cooking Demos or Workshops: Organize cooking demos or workshops to showcase your meals and cooking skills. This provides a hands-on experience and allows potential customers to taste your food.

Takeaway

Attracting new customers to your heat-and-eat meal subscription service doesn’t have to break the bank. By leveraging social media, starting a blog, offering referral programs, utilizing email marketing, partnering with local businesses, and engaging in community events, you can effectively reach your target audience and grow your business. Remember, the key to successful marketing is consistency and engagement. So, stay connected with your audience, share valuable content, and continue to innovate your strategies for sustained growth.

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