Palo Alto Software founder Tim Berry equates startup marketing to throwing darts at a dartboard. While existing companies can get away with throwing their “marketing darts” a little aimlessly, a startup has to be more careful and precise.
The established company just has to worry about hitting the dartboard; the startup needs to hit the bullseye.
If precision and focus are the name of the marketing game for startup companies, what is the best strategy for marketing your startup? I asked the members of the Young Entrepreneur Council for their advice on how to market startup companies most effectively.
All these entrepreneurs advocated for employing focus, consistency, and using a variety of unexpected sources, many of which are low cost—always a plus for a new startup.
1. Determine your marketing goal first
Jeff Chambers of Big Machine Parts recommends asking yourself the following question: “Are you trying to drive sales, build awareness, or build technical credibility?”
Determining what the goal of your marketing is will be an important first step, and will help you focus your marketing efforts. He goes on to suggest that “once you’ve ‘segmented’ your desired outcome by answering that simple question, build a detailed schedule by platform (e.g. Twitter) that includes the message and campaign duration. This prevents the ‘see what sticks’ method and provides a roadmap on what and when to measure.”