How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 03.07.2025 04:40
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
Price
Product
Sapiente nemo autem perspiciatis.
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Perception
Place
The world needs the United States, but the USA doesn't need the world. Is this true?
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
People
Analyst sets date when Nvidia stock will hit $200 - Finbold
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Good marketing is doing this well.
Processes