9. Marketing
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After
you incorporate your business, find a supplier, and start making sales, you’ll
want to get the word out about your shiny new storefront.
Carefully planned
marketing strategies are essential in ensuring the success of any dropshipping
business, as it’s marketing that drives traffic - and thus, sales - to your store. The
good news is that there are lots of low-cost
marketing strategies available, and you
don’t need to hire a marketer to start out.
Digital marketing is quite accessible, and it’s good to know the
basics even if you end up outsourcing marketing in the future.
These concepts will help you define what types of people you’re
targeting and how you’re going to reach them.
Creating buyer personas
You already know who you want to sell to, but how specific can you get? Do you
know your average customer’s income or education level?
All good marketing
strategies should involve taking a detailed look at your potential customers.
One way to get such a detailed view of your customers is by building a buyer
persona. These are basically profiles of fictional customers who represent your
audience as a whole. The personas are constructed
from demographics and
psychographics that are averaged together. The idea is that by marketing to a few
fictional people, you can effectively market to your entire customer base.