Marketing tips for new business

  • 18 Aug 2023
  • read
  • Business

Starting a new company in UAE is an exciting venture with proper planning. To succeed, you need a solid marketing strategy that will help your startup or SME business grow and thrive. In this blog, we will explore effective marketing strategies specifically tailored for small businesses.

Understanding your market

Target audience

Understanding who your target audience is can significantly influence your marketing strategy. Define your audience’s demographics, interests, and needs, and design your messaging accordingly.

Competitor analysis

Identify your competitors, and understand what they offer. This analysis will help you find a unique selling proposition (USP) to make your new company stand out.

Building a robust marketing strategy

Creating a strong brand

Your brand is more than just a logo; it is the perception people have of your business. Ensure that your brand represents your company’s values and resonates with your target audience.

Utilising social media

Social media platforms can be powerful and budget-friendly tools for small businesses. Create engaging content to connect with your audience and drive traffic to your website.

Search Engine Optimisation (SEO)

SEO helps your website rank higher in search engine results. Optimise your content with keywords that are relevant to your business. For instance, “startup”, “SME”, and “small business” attract not just potential customers searching for your services, but also angel investors who can give your venture a big push forward with funding and mentorship.

Content marketing

High-quality content that provides value to your audience can build trust and convert leads into customers. Regularly update your blogs, create e-books, or offer free webinars to keep your target audiences coming back to your website.

Budget-friendly marketing for startups

Influencer marketing

Collaborating with influencers relevant to your industry can provide exposure to a broader audience without breaking the bank.

Email marketing

Build and nurture relationships with your customers through personalised email campaigns. It is a cost-effective way to keep them engaged and informed.

Leveraging customer reviews

Encourage satisfied customers to leave positive reviews. Word-of-mouth remains a powerful marketing tool, especially for small businesses.

Measuring success

Key performance indicators (KPIs)

Setting and tracking KPIs helps you gauge the success of your marketing strategy. Whether it is website traffic, conversion rates, or social media engagement, monitoring these metrics can provide insights into what is working and what needs improvement.

Regularly review and adjust

Your marketing strategy should be dynamic. Regularly review your goals and metrics and be ready to make necessary adjustments. A new company needs to be flexible and responsive to the ever-changing market conditions.

Utilising local marketing strategies

Community engagement

For small businesses, local marketing can be a vital growth driver. Participate in community events, sponsor local teams, or offer special discounts to residents from nearby communities. This approach helps in building brand recognition and loyalty within the community.

Collaborate with other local businesses

Partnerships with other local businesses can provide mutual benefits. Joint marketing efforts, bundling products or services, or simply referring customers can expand your reach and enhance your reputation.

Use local SEO

Local SEO techniques can help your business show up in local search results. This includes optimising your website for local keywords and maintaining accurate and consistent information on various online directories. These methods, combined with a well-thought-out marketing strategy, will enable your small business or startup to compete effectively and thrive in the marketplace. Marketing is an ongoing process, so never hesitate to learn, innovate, and adapt to new trends and market demands.

Get your venture started with RAKEZ

When you have a marketing plan ready, it is time to kickstart your venture with Ras Al Khaimah Economic Zone’s Bizstarter package – one of the most affordable solutions for business setup in UAE, starting at just AED 5,499. To avail this package, contact RAKEZ now:

Phone: +971 7 2041111
Email: info@rakez.com

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Last Updated on 12/29/2019 9:23:05 PM

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