How To Acquire Customers? -19 Traction Channels Part 2
How to acquire customers? Almost all the business ideas fail because it fails to generate customer traction!
How To Acquire Customers? -19 Traction Channels Part 2
- 7. Trade Shows
1. Email Marketing
Email marketing is the use of email to promote products or services while developing relationships with potential customers or clients
81% of SP1Bs still rely on email as their primary channel for customer acquisition because of its high opening rate of 21% )
2. Engineering as Marketing
Using engineering time to create useful tools like calculators, widgets, and educational microsites to get your company in front of potential customers. These tools then generate leads and expand your customer base e.g. Hubspot's Marketing Grader.
3. Targeting Blogs
Building a strong relationship with specific bloggers falling under the same niche as your business/business ideas. They'll be more likely to reference you and share about your business more often.
4. Business Development
Business development is the process of establishing partnerships and agreements with other companies or startups to promote each others' products or services
5. Affiliate Programs
A type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts e.g. Amazon Associates
6. Existing Platforms
Use of existing platforms (such as Instagram, Facebook, Android OS, i0S, etc) to promote your product or service. e.g. Spotify - Sharing of music on different platforms
7. Trade Shows
A trade show is an event held to bring together members of a particular industry to display, demonstrate, and discuss their latest products and services.
8. Offline Events
Offline event is similar to a Trade Show but it is more of hosting your own event entirely instead of waiting for a specific day and competing with different businesses.