How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 27.06.2025 00:06
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
People
Why do women wear less clothes compared to men?
Price
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Product
Nintendo Switch 2 and Mario Kart World available today - My Nintendo News
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
Processes
Jefferies Is Doubling Down On Nvidia. Here Are 3 Other Stocks The Firm Loves Now. - Barchart.com
Perception
Place
Good marketing is doing this well.
PC modding repository Nexus Mods has a new owner - The Verge