6. Free Samples. Giving away free samples is one of the most effective marketing tactics available today. Even if you have a service business, offering up a method for prospective buyers to try a derivative of your service without paying for it can lead to increased trials and conversions. Large consumer product companies like Proctor and Gamble know that once a consumer decides that he or she likes the product, they will become a customer for an extended period of time which more than pays for the cost of their promotion.

7. Encourage Referrals. Small businesses that leverage the power of referrals experience strong growth. When you have others suggesting your product or service it’s like having your very own sales team. These referrals are even more powerful because, like word-of-mouth, the prospect is being encouraged to buy from an existing customer, associate, expert, or influencer. Think about how you can encourage referrals from your customers or other service providers. One way is to ask other vendors to distribute information about your business to their customer base in exchange for you doing the same.

Marketing doesn’t have to cost a lot. Use your own business to communicate your marketing messages and increase lead generation. These simple methods are effective for any small business owner regardless of industry, product, or service offering. Implement some or all of them to see the power of effective small business marketing.

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