Top Small Business Marketing Trends in 2023

Marketing trends evolve according to technology and consumer behavior. Brands need to adapt to current trends to remain relevant, and understand what’s ahead to create a sustainable future.

Small Business Marketing Trends in 2022

Content Outsourcing

Constantly putting out content is a requirement for businesses that want their message to remain in the spotlight. The sheer magnitude of content on social media platforms makes it difficult to keep up and overshadow big market players.

Many businesses rely on in-house content creation in order to exercise control over messaging and retain a high level of authenticity. However, the sheer volume of content may pose a problem when it comes to tending to mission-critical operations simultaneously.

Outsourcing content to reliable creators allows businesses to broadcast their message without having to devote resources to creation. Furthermore, influencers are bringing a new twist to content creation and offering large audiences of followers that businesses can access.

Connecting With Customers Through Live Chat

Automated bots have become popular in the past few years for addressing customer concerns. While bots are useful to businesses, they lack the human engagement that prospective audiences crave. Connecting with customers through live chat will become more of a trend in 2022 as business owners strive to satisfy requests better.

Growing Importance of Customer Reviews

Customer reviews are already an integral part of the consumer journey. However, harnessing reviews is an opportunity for small businesses and startups to get a leg up on big corporations.

Big market players rarely devote resources to reply to customer reviews, and if they do, the replies are generic or governed by bots. Engaging customers with replies to their reviews is a way for businesses to display their customer service abilities. It also shows audiences that the business cares enough for what customers think.

Diversify and Grow

Marketing trends can lead a business to diversify its product and service offerings. Some businesses may benefit from starting a new brand that complements their existing company. Growing by creating a sustainable ecosystem of brands and services is one way that companies will be able to compete in 2022.

The biggest obstacle to starting a new division or an entirely new company is the need for funding. Even if a business is successful, it may not be able to support a more aggressive growth strategy. This is where a business can leverage free money available for growth via small business grants.

According to Lantern by SoFi, “The State Business Incentives Database, put together by the Council for Community and Economic Research, also provides a list of federal small business grants, as well as loans, tax credits, and tax exemption programs in each state.”

By securing a grant, small businesses have the opportunity to assert themselves in their markets without having to go into debt. Combined with strategies such as crowdfunding, a significant amount can be raised for increasing marketing activities and expanding at a higher pace. Lantern by SoFi offers valuable information on how to access free money to start a small business.

Businesses that remain stagnant often recede in the face of their competition. Leveraging marketing trends can allow small businesses and startups to grow and compete effectively.

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