Whether you are a large corporation or a small mom and pops business, local marketing plays an important role in generating buzz and interest in the area around your business. Contrary to popular belief, being successful with your local marketing doesn’t mean you need to have a huge budget. While it helps, execution and a clear, well-thought out strategy is often the key determinant.
Depending on who your target consumers are as well as other factors, such as the type of business (grocery store, gas station, etc.), there are many marketing avenues that a business may choose to take. On the digital end there is Facebook and Twitter while for those looking for a more traditional approach there are press releases and mailers.
So what is local marketing?
Also known as ‘neighborhood marketing,’ local marketing generally refers to any marketing techniques a business uses to market and promote itself to the area in which it operates. In most cases, local marketing often becomes the responsibility of the franchisee with the parent company being responsible for the national and regional marketing initiatives. An example of this is how McDonald’s would focus on national advertisements that focus on brand awareness and new products that will be at all the stores across the nation, while the individual franchise owner may promote special deals they have on Monday’s at their own location. Continue reading Effective local marketing strategies for your business