Digital Marketing Pain Points Small Business Face Today (+ How to Tackle Them)
May 8, 2024
Every savvy business knows that to stand out, they have to have an online presence. No matter what you sell, how niche your market is, or how innovative your product is, without any digital marketing strategies, you’re leaving money on the table.
However, one thing about digital marketing is that it’s a double-edged sword. It offers immense opportunities for growth and connection, but it also presents a set of challenges– especially for small businesses.
Let’s dive into some of the pain points small businesses have to face to nail their digital marketing strategies.
With all the limitations compared to giant companies, why should small businesses invest in digital marketing?
The answer is simple: to reach out to more audiences. Digital marketing knows no boundaries, so it’s easier for any business to tap the untapped potential.
But let’s delve deeper into why this is crucial for small businesses.
You can jump into digital marketing strategies with little to no budget. Creating social media is free. There are also free tools you can use to create content. Email marketing allows businesses to communicate directly with their customers at minimal cost. And you can easily find tons of free website builders.
If you have an offline store, digital marketing can complement your brick-and-mortar presence in numerous ways. It expands your reach beyond the physical confines of your store.
This way, you can connect with potential customers who may not otherwise have discovered your business. Through online channels such as social media, search engines, and email, you can engage with a broader audience and drive foot traffic to your store.
One of the best things about digital marketing is that you can see how consumers interact with your brand in real time. This is how you get insights into their behavior and preferences.
Through tools such as website analytics, social media metrics, and email tracking, businesses can gather data on various aspects of consumer engagement, from website visits and click-through rates to social media likes and shares.
Digital marketing might seem like an effortless strategy, but for many small businesses like MGK Asia, DPS Power, and Multimo, there are still some challenges. Here are some common ones as well as some practices to deal with them.
We’ve talked about digital marketing needs little to no budget. However, the organic way takes time, even though it brings long-lasting results. If you want to use shortcuts like eye-catching motion graphic ads, sponsored content, or influencer partnerships, it often requires a significant financial investment.
While these strategies can yield quicker results compared to organic methods, they come with a price tag that may be prohibitive for small businesses with limited resources.
The best way to deal with limited resources is to strike a balance between leveraging cost-effective organic methods and strategically investing in paid advertising to maximize digital marketing efforts within budget constraints.
Alongside the limited budget, small businesses often face the challenge of “one man with multiple hats.” There are not enough people to manage all the tasks. Someone who manages social media might as well take care of the website, email marketing campaign or even administration.
And when one person is juggling multiple responsibilities, their time and resources are spread thin.
This can make it difficult to devote sufficient attention to each aspect of digital marketing. So there are some less effective strategies and slower progress.
In this case, you can prioritize tasks based on their impact on your business goals and feasibility, given your limited resources. Identify the key digital marketing initiatives that are most likely to yield the highest returns and focus your efforts on those areas.
Small businesses may find it difficult to clearly define their target audience– which can lead to ineffective marketing efforts. Without a deep understanding of their customers’ demographics, interests, behaviors, and pain points, businesses may waste time and resources targeting the wrong audience segments.
Not to mention now that consumers are inundated with content and advertisements from numerous brands vying for their attention, it’s getting harder for small businesses to cut through the noise amidst larger, more established competitors.
In this case, you can invest in comprehensive market research and audience analysis. Conduct surveys, interviews, and data analysis to get those valuable insights into your target audience’s demographics, preferences, and behaviors. Tools such as Google Analytics, and social media analytics can come in handy too.
Small businesses typically have less brand recognition and may struggle to attract attention in a crowded marketplace. While larger companies can effortlessly enjoy established visibility, small businesses have to play the tough game of capturing the interest of potential leads.
There’s no long track record or established reputation, so you must rely on other methods to earn the trust of your audience. This can include providing exceptional customer service, showcasing positive reviews and testimonials, and demonstrating expertise in their field through informative content and thought leadership.
Consistency is key in digital marketing. After all, it’s not a one-time effort. It takes dedication and persistence to build and maintain a strong online presence that resonates with your audience. However, maintaining consistency can be challenging for small businesses, especially when resources are limited, and other responsibilities compete for attention.
Creating and publishing content regularly across various digital channels isn’t a walk in the park. Whether it’s blog posts, social media updates, email newsletters, or videos, consistently producing high-quality content requires time, effort, and planning.
It’s not easy for small businesses to keep up with a regular posting schedule, and update old blogs, while also managing other aspects of their operations.
To tackle this, you can create a content calendar to plan and schedule content in advance. Repurposing existing content also helps you save time and resources. For example, if you have a brilliant blog post that performs well, you can create a video from it.
Digital marketing might be an effortless strategy for large corporations, but for many small businesses, it’s not just about creating a few social media posts or launching a website. It’s a multifaceted task that requires careful planning and execution.
After knowing all the challenges and how to overcome them, as a small business, you can approach digital marketing with a strategic mindset and a sense of purpose.