How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 28.06.2025 00:10
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Place
Perception
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
Price
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
People
Product
Tesla Stock Is Falling. Why June Is Starting With a Loss. - Barron's
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Processes
Good marketing is doing this well.
Forget Ray-Bans: The $399 Meta Oakley smart glasses are better in almost every way - ZDNET