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Grand Rapids Opportunities for Women Presentation

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This afternoon, I will be presenting to the Grand Rapids Opportunities for Women organization on Marketing on a Shoestring Budget.

This is one of my favorite topics to chat about, mostly because I truly believe it takes more time and energy than it does money to launch and maintain a successful marketing program. Marketing is every bit of contact your company has with anyone in the outside world. That means a lot of marketing opportunities. It does not mean investing a lot of money.

Don’t get me wrong, money still needs to be invested, and I recommend it is a percentage of your projected gross revenues. You, as a company, need to decide what percentage will be allocated to marketing.

Once you have decided your budget, and made the commitment to invest the necessary time and energy, you need to define the combination of marketing tools that are right for your business. These tools should  expand your reach, all while keeping costs down. Utilize social media, public relations, networking and more.
Before you get started, it is important to – Research. Research. Research. You need to understand and define the below:
  • Your product or service.
  • What are your product or services benefits? How are they different than a competitors?
  • Market – become an expert.
  • Industry – spot vulnerabilities and opportunities.
  • Competition – know them, understand them, learn from them.
  • Customers – your customers and your competitors customers.
  • Prospects – identify and locate them.
  • Media – know the best ways to reach prospects.
  • Internet
  • Technology – how can this propel you to your goals?
Marketing is a process, and the next step is developing your strategy. This can be done in seven sentences.
  1. The purpose of the marketing
  2. How you’ll achieve this purpose
  3. Your target market
  4. Your niche and your position
  5. The identity of your business
  6. Your budget

Now, define the tools you will use to accomplish your marketing goals. *@*******gn.com“>Email us for our list of low-cost marketing ideas.

And remember, of all the steps in succeeding with marketing, maintaining it takes the most time. You spend a relatively brief time developing the plan and inaugurating it, but you spend the life of your business maintaining, monitoring and improving your strategy. At no point should you ever take anything for granted. At no point should you fall into the pit of self-satisfaction because your plan is working. Never forget that others, very smart and motivated competitors, are studying you and doing their utmost to surpass you in the marketing arena.

Sources: Guerilla Marketing, Jay Levinson

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FUN FACT FRIDAY: It’s only fitting for us to own a building where a trailblazing female operated her businesses in 1906. The Phillips family represented one of the longest-running retail tenures in Grand Rapids history; L.E. Phillips Jewelry in the 1365 Plainfield Ave. building from 1906 until 1973. 
Dr. Eva Phillips, a certified and licensed optometrist ran her practice out of the jewelry store’s secondary parlor and was an equal partner in the jewelry store. 

Together, they offered a unique one-stop shot which expanded to include appliances, record players, and more. The couple operated the shop through two World Wars and the Great Depression, acting as the neighborhood matriarch and patriarch. 

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If not, a) you’re missing out and b) you need to follow immediately. Hosted by @bodespeaks, episodes drop every other week, and feature some pretty bada$$ guests if we do say so ourselves.

This week, Kim sits down with @kelsey_orchard , VP of Marketing and Communications at @fifthwheelfreight to chat building a personal brand, Gen Z entering the workforce, misconceptions about logistics, spotting fake LinkedIn profiles – oh and why your GPA doesn’t matter anymore.

Grab a watermelon margarita, sit back and enjoy for lots of laughs and real talk.

Listen now at the link in bio.
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We were not prepared for perimenopause, much like our periods, sex, or anything else to do with our bodies. God forbid we talk about it openly.

We were taught to be ashamed, keep quiet, and to accept that it is just part of being a woman. We reject that narrative. In fact, like @bodespeaks, we want to bring it up in every conversation. 

When we normalize perimenopause and the conversation around it, we stop isolating, and we’re all more prepared.
Join us for Uncomfortable Conversations: The Pause on September 24th — a powerful conversation hosted alongside the @smallbusinessassocofmichigan 
Women’s Business Council, featuring some kicka$$ experts who will give you the real talk on perimenopause (more to come on them later).

Register at the link in bio.
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Introducing the Women's Owners Network - a new program built for what comes first, joining our proven Fellowship model to support Michigan women at every stage of business ownership.

Whether you've got a team of 10 or it's just you and your laptop, you deserve a room full of women who get it.

Six months of leadership, finance, operations, capital access, paired with real support for the isolation, emotional volatility, and decision fatigue that come with owning your own business.

You'll have your own board of directors in your corner, including @bodespeaks plus a group of mentors, instructors, and coaches who've been exactly where you are.

Applications due October 1. Apply now at the link in bio.
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