Internet Marketing on a Shoestring Budget

Businesses large and small have discovered the Web as a place to have a presence. Very few, however, really understand how to cost effectively market online. While there are many ways to spend your marketing dollar, if you really know what you're doing, you can do a lot of online marketing on a fairly limited budget.

Here is a handy list of "shoestring" marketing initiatives you ought to consider:

Search Engine and Directory Submittals Search engines are the #3 way people find websites and are the source of up to 85% of all site traffic. Aside from search engines such as Yahoo & LookSmart, most search engines allow you to submit your website at no charge. This however is a trend that is changing quickly. Get on the "free" bandwagon as soon as possible!

Paid-For Search Engine Listings Several search engines, the granddaddy of which is Overture, now allow you to pay for top placements through advertising and bidding programs. Costs vary by search term.

Site Linking Getting other websites to link to yours is not only free, but can also help with your search engine rankings, as many search engines now factor "link popularity" in the relevancy of their search results.

Email Signature File "Sig files," which automatically appear at the bottom of every email you send out, are like little text billboards, helping you promote your company.

Participating in Discussion Lists, Forums, Message Boards, and Newsgroups An excellent way to build your credibility and awareness of your company. Don't forget to use your sig file!

Auto-Responders These automated emails can be a very helpful (and dirt cheap!) way to send out follow-up information and customer communications. AWeber and GetResponse are examples.

Co-Registration When users can subscribe to more than one email publication at a time, this is called co-registration. Use a co-registration service, or recruit your own partners.

Ad Swaps If you publish your own email newsletter, you can swap ad space, content or other types of prominent placements with other newsletter publishers.

Low-Cost Classified Advertising Even if you don't publish a newsletter, you can still buy relatively low-cost ad space which can work well when placed in email newsletters targeted to your audience.

Remnant Ad Buys Websites that don't sell out all of their ad inventory might be willing to sell you a mish-mash of locations, sometimes called "remnant space," on the cheap. Ask!

Pay-Per-Performance Ad Buys Pay only when you get a click (CPC) or a sale (CPA). Ad networks like Advertising.com and ValueClick are examples, but they still have minimums, so be prepared.

Content Placement Re-use or write articles and content that you offer to others to publish. You and your company get exposure through your byline.

Contest & Sweepstakes If you're trying to appeal to the masses, contests & sweepstakes are a great way to attract people. You can even give away something you already own, manufacture or produce, that others will find valuable.

Co-Branding/Partnering Work with other related websites to cross-promote one another or share the cost of advertising and promotions.

Affiliate Programs A kind of partnering where one website compensates another for traffic, leads or sales. There are inexpensive do-it-yourself software programs as well as outsourced services that can help.

Press Releases Do you have REAL news? (by this I mean the kind that journalists, not just you, find interesting and relevant) Spread the word by writing and sending out a press release. You can even use services like Bacon's, Business Wire or PR Newswire to help select target areas to send to. The website PRWeb even allows you to post your press release for FREE!

Whew! This is some list, and I bet I even left out a whole plethroa of ideas. Send them my way and I'll add them to my list for next time!

If you need more information or just feel the need to chat, feel free to contact me with any questions you have. I will be happy to help you in your marketing success.

Until next time

About The Author
Suzanne Fyhrie owns and operates OneWay Advertising and Design. She specializes in marketing and graphic design.

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