From Business Idea to Revenue: 5 tips to help you find your first customers

In Marketing by Stephen LawlessLeave a Comment

IT can be difficult when you start your first business to find clients. Often business owners can provide a high-quality product or service but struggle to find customers. Even worse, when they try to figure out how to find a customer through trial and error they often end up wasting a lot of time and money.

Are you one of these people? In this article, we’re going to share some low-cost tips to help you go from a business idea to generating revenue by finding your first customers.

Video Content

Video content is one of the best marketing tools to help you find your first customers. If you’re providing a service you can provide free advice which clearly shows you are an expert in your area. For products you can create videos showing the benefits your products offer to potential clients.

For example, if you are a builder you could create videos giving DIY tips or if you are an accountant you could give advice on how to reduce your tax liability. This approach will also have the added benefit of creating trust and credibility.

Build Trust & Credibility

In order for people to buy your product or service you need to establish trust and credibility with potential customers. You will probably notice this in your own behaviour the next time you’re shopping on amazon. When you find a product, you’re interested in you go straight to the feedback section to see what other people are saying about the product you’re considering buying.

One way you can build trust and credibility is by inviting people to try your product or service and get them to share their opinions. This could be a video review or by leaving a review on Facebook or Google’s local results. There are many other ways. As mentioned already you can create content by giving free advice through articles and videos. Once you’ve created your content it’s time to start sharing it on social media.

Social Media

Social media is a great way to engage with your customers. Facebook and LinkedIn are good places to start. With Facebook you can boost the post to a very specific audience. Just be careful about running ads on social media. Run test ads first and see what response you get. Only spend $10 – $20 max on each experiment and see what feedback you get.

If you are selling products you could first create a video showing the benefits of the product and share it on your Facebook page. You can start off by running test ads, tweaking the text and image. When you are happy with the results you can then begin spending more money on advertising.

There is a cheaper way to reach your target audience, but it is a slower process. Influencers can help raise awareness of your business and make potential clients aware of your products and services.

Influencers

No matter what industry you are in there will be a select few who can reach your target audience. Often these influencers are content creators and are crying out for new content for their audience.

If you are selling low-cost products you could send them some free samples which they can review and also give as prizes to their audience. You could also write an article or create a video for a popular blog. The owner of the blog gets free content, and you get free exposure for your business.

Working with influencers can help you in the short term. If you would like a much longer-term low-cost solution strategic partnerships with other businesses can also help you get new clients.

Strategic Partnerships

Similar to influencers, strategic partners can contact your target audience, but you tend to have a much longer and closer working relationship. Often, strategic partners are businesses who have the same target market as you but operate in a different industry. As such, you are not in competition with them.

One type of strategic partnership is a referral group. This is a group of businesses who are not in competition with each other who refer potential clients to members of the group. For example, if you are an accountant you could partner with a web developer and refer clients to each other.

Another type of partnership would involve you providing complementary products or services to an already established business. The established business will be able to provide a better experience to its customers and will mostly likely charge you a fee or commission in return.

For example, an outdoor activities company partnered with an accommodation provider who is based in the countryside. The accommodation can now provide outdoor activities for its guests and the activity company now has access to potential customers and the land to provide activities.

[Photo by Campaign Creators on Unsplash]

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