So your small business doesn't have the advertising funds of that giant across town. No worries! As a smaller business you have abilities that a giant doesn't. Just think Jack and the Beanstalk! You move left, you move right and before that giant can even think about reacting you're on your way down the beanstalk with that giant's golden goose.
Okay, so maybe you aren't Jack and maybe there isn't actually a beanstalk, but you can still run off with the giant competition's golden goose. You just have to be ahead of the curve and make smart decisions about how to reach your target market.
One of the best ways to stay ahead of the curve is to watch what's happening with mobile these days. Smartphones are becoming so popular that this is one trend you need to watch closely. And if you're a small business, this is a great opportunity for you.
"A number of new location-based services are beginning to provide attractive alternatives for such small-scale advertisers. Foursquare, for one, allows small business to target offers based on a user's actual proximity to their location. These offers can deliver heightened relevance by appealing to a player's status, nearby friends, or demonstrated preferences." - Five Mobile Trends for 2010
What does this mean for you? It means that if your customer is within a certain distance of your business, you can reach out to them in a timely, attention-grabbing, cost-effective manner! Now, isn't that so much better than trying to compete with a million dollar ad budget?
Take that golden goose! RUN!!
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