When you're trying to get a startup off the ground or keep your small business running, every dollar counts. You're working with a limited pool of revenue, a restricted number of resources, and pressing expenses that demand your immediate attention--so it's no wonder why marketing often gets neglected.
Unfortunately, marketing is a necessary expenditure if you want your business to grow. Otherwise, you might remain strapped with those limited revenue streams indefinitely, and all your scrimping and saving will turn into a self-perpetuating cycle. Is it impossible to break out without spending an exorbitant amount of money?
Of course not. This is the digital age. The following marketing strategies can theoretically work on any budget--as long as you're willing to put in the time:
These aren't the only marketing strategies that can be executed for next to nothing, so don't limit yourself. Do your research, diversify your strategies, and keep progressing toward your ultimate goals. The beauty of these strategies is that they can work on a passable level with a minimum investment, but if you invest more money, the payoffs start increasing proportionally. You can start off with almost no investment, and by the time you start earning enough revenue to double down on these strategies, you'll be experienced enough to know how to maximize your ROI.
But in order to get to this point, you have to get started--and the sooner the better. Stop using a limited budget as an excuse not to market your business, and start building the momentum you need to succeed.