Marketing Eye

Expert Marketing Blog - Small Business Marketing

What is AI and What Does It Have to Do with Marketing?

We know a lot about artificial intelligence, especially since OpenAI's ChatGPT made a breakthrough in the tech space. But what precisely is artificial intelligence, and how can we apply it to enhance the marketing plan for our business? The

Read more about: How AI has changed Marketing: Strategies for marketing success

In an era where digital transformation dictates market dynamics, small businesses often find themselves at a crossroads.

The challenge?

Developing marketing strategies that not only compete with industry leaders but also resonate with an increasingly digital-savvy consumer base.

Enter the AI marketing strategy generator, a technological marvel leveling the playing field for small enterprises across the globe.

Read more about: The AI Marketing Strategy Generator: A Competitive Edge for Small Businesses

For small to mid-sized businesses (SMBs) in the SAP Partner network, Market Development Funds (MDF) are a vital resource. These funds, provided by SAP, are designed to help partners grow their market presence, drive sales, and enhance their marketing efforts. However, with limited budgets and resources, it's crucial for SMBs to use these funds strategically to get the maximum return on investment. Let’s explore effective strategies for leveraging MDF funds, including a spotlight on Marketing Eye's Lead Generation Maximizer Campaign, a powerful approach to boosting your marketing outcomes. 

Read more about: Maximizing MDF Funds: Strategies for Small to Mid-Sized SAP Partners

The Blue Ocean Strategy is a business theory and a book by W. Chan Kim and Renée Mauborgne that challenges companies to break out of the "red ocean" of fierce competition and create their own "blue ocean" of uncontested market space. Here's a breakdown of what this strategy entails and whether it's something your small business should consider.

Read more about: Beyond Red Oceans: Is Blue Ocean Strategy Right for Your Small Business?

Businesses across industries are trained to tackle different problems daily. Employees inherit problem solving skills; however, they may approach issues in diverse methods. Similarly, accounting firms face a unique set of challenges that they must overcome head on to achieve their business goals.

A growth mindset is the idea that you view challenges as something to overcome. You view any obstacle as something to learn from, something that you can defeat with hard work. The idea behind a growth mindset is that by virtue of seeing challenges and failures as learning opportunities and chances to improve, you increase the likelihood of success by believing that you can overcome the obstacle. If you fail at something you may just give up and never try again, but if you see it as something that you can beat with enough work then you will want to try again until you succeed.

Read more about: Does Your Accounting Firm Have a Growth Mindset?

Make your business known 

Nowadays, with over 30 million small businesses in the country, standing out from the crowd isn’t as easy as just having a great product or providing an excellent service; you’ve got to have a strong marketing strategy. An effective marketing strategy is one that lets the public know about your business - enhancing your brand recognition and increasing the chances of brand recall when they decide who to purchase from. This means putting your small business on the map! 

As a small business trying to build your customer base, there’s nothing more important than getting the word out and promoting your brand. It’s crucial to recognize that these efforts extend to a commitment to excellent customer service, which will help raise and develop high-quality expectations from your business. 

Read more about: The importance of Small Business Marketing

For a long time, we’ve debated the value of running Google ad campaigns for small businesses. Marketers across the world of agencies have very differing opinions on the form of advertising. Is it only primed for enterprises with large budgets? Is it only valuable for ecommerce? Let’s take a look at these questions and many more surrounding AdWords.

Read more about: AdWords, Are they right for your business?
Working out of the Atlanta Tech Village, I have ran into loads of companies that are operating off of a shoestring budget with limited capital to spend on marketing efforts. Sometimes, even the thought of using paid advertising makes a small business owner shutter. Mainly because owners aren’t necessarily marketers, and there’s a lot of uncertainty around the return on investment. However, there’s a number of ways that a small business can leverage digital marketing by spending very little and targeting exactly who their customers are.

Read more about: Creating Marketing Strategies with a Tight Budget
2 min read

Snapchat just released a new update that allows for users to open up what they are calling a “Snap Map”.

This new feature is going to be huge for local businesses for a host of different reasons. Number one being that users can now look up stories by location. This means that if your company is streaming stories, a potential client of yours that’s nearby can open up their snap map and tune in.

Read more about: Not on Snapchat? After This New Update, You Should Be.