Opinions expressed by Entrepreneur contributors are their own. Most of us are running small businesses (a business with 500 employees or less), and a whopping 49.7% of small businesses will fail after five years. These business owners will cite many reasons for failure, including money running out, bad partnerships, ineffective marketing, not being an expert
Marketing
Opinions expressed by Entrepreneur contributors are their own. Your prospective customers are bombarded by advertisements every day, with each brand claiming to meet their needs best. Joining this crowd may not be your best bet to gaining customer trust and popularity, especially as a startup. What you need to focus on instead is earned media.
Aliza Licht is the founder of Leave Your Mark and the author of On Brand: Shape Your Narrative. Share Your Vision. Shift Their Perception. She sat down with Jessica Abo to talk about her new book and the importance of shaping your own narrative. Jessica Abo: Aliza, walk us through the journey that you have
Opinions expressed by Entrepreneur contributors are their own. Let’s face it, networking can be a daunting aspect of the marketing journey. It’s like speed dating for business, but instead of finding a soulmate, you’re seeking clients, partners, referrals and mentors. You know you should do it, but it’s hard to get the ball rolling. But
Opinions expressed by Entrepreneur contributors are their own. Nowadays, it seems like you can’t start a business without having a social media presence. Indeed, 77% of marketers feel that social media marketing is an effective practice for their business. While that’s all well and good for the company as a whole, there is no denying
Opinions expressed by Entrepreneur contributors are their own. Recent developments in generative AI have made it possible to create original content quickly and cost-effectively. Products like ChatGPT, GitHub Copilot and their underlying AI models, such as Stable Diffusion, DALL-E 2 and GPT-3, are bringing technology into a realm once thought to be reserved for humans.
Opinions expressed by Entrepreneur contributors are their own. Brand experience is a cornerstone of business, especially for those with a brick-and-mortar presence. Without a strong and consistent brand experience, it would be difficult to attract customers. So what are the individual building blocks of brand experience? Let’s zoom out for a moment to consider what
Opinions expressed by Entrepreneur contributors are their own. The average millennial views a staggering 20-30 memes every day, so it’s unsurprising that companies quickly got into the mix. As more brands use memes to connect with customers, a new business case is on the rise: memes are a valuable and underutilized way for companies to
Opinions expressed by Entrepreneur contributors are their own. After taking the leap into the ecommerce world and launching your Shopify store, you’re probably looking for ways to attract new customers. Even with a great design and solid product offering, standing out in a crowded market can be challenging. Fortunately, you can take several practical strategies
Opinions expressed by Entrepreneur contributors are their own. Many people like to browse online stores, add items to their cart and then transition to other sites, leaving their items behind. You can decrease cart abandonment rates in your online store by making the customer checkout experience seamless. The checkout process is critical to the online
Opinions expressed by Entrepreneur contributors are their own. Since peaking in 2010, college enrollment has steadily declined each year. The period between spring 2020 and spring 2022 saw some of the sharpest declines yet, with a 7% decline in enrollment — a loss of roughly 1.3 million students. For many institutions of higher education, such
Image Credit: James Widegren Lenny Rachitsky has more than 325,000 newsletter subscribers. He says he makes “significantly more” money from it than he once did as a product lead at Airbnb. “It’s a wild number that I never imagined,” he says. “I highly suggest exploring this path if you’re interested. There are downsides though: No
Opinions expressed by Entrepreneur contributors are their own. I was obsessed with bullwhips as a kid. Who wouldn’t want to be Indiana Jones? Unfortunately, the first time I managed to get my hands on one, I accidentally whipped myself in the face. While a bullwhip might not be the best toy for kids, it is
Opinions expressed by Entrepreneur contributors are their own. There’s no doubt that trade marketing is one of the most logistically heavy functional groups of the marketing world. This fact typically is ignored by other departments, which does nothing to ease the strain felt by your trade marketing team. Fact: Your trade marketing team has to
Opinions expressed by Entrepreneur contributors are their own. Looking to build your personal brand, but struggling with the time commitment required to write a LinkedIn post or, even worse, a lengthy thought leadership article? You are not alone. A fellow entrepreneur recently said to me: “I would rather have another C-section than sit down and
Opinions expressed by Entrepreneur contributors are their own. How well do you know your audience? It’s a question that every entrepreneur must carefully consider if they wish to make their products or services appealing to potential customers. The better you know your audience, the easier it will be to speak to their specific pain points
Opinions expressed by Entrepreneur contributors are their own. There was a time when medical practitioners didn’t need to market themselves. New patients would choose doctors or other medical professionals based on location, availability, and most commonly, referrals. But unless you live in a small town, there’s a good chance this is no longer the case.
From coaches to trademarks, seven founders sat down with Jessica Abo to share the best investment they made before they started their business. 1. Sharri Harmel, Editor-in-Chief, Extraordinary Women Magazine “The Extraordinary Women Magazine is a magazine focused on helping women create fantastic next chapters. The best investment I ever made was truly an investment
Opinions expressed by Entrepreneur contributors are their own. Over the last few years, marketing automation has quickly become a critical tool within organizations’ tech stacks — including small and medium-sized businesses (SMBs) — to grow sales pipelines, enhance customer support and increase revenue. In fact, in a 2022 Act! customer relationship management study, SMB owners
Opinions expressed by Entrepreneur contributors are their own. More than 4.3 billion people around the world have an email address, Statista shows. For businesses, email is the predominant transactional channel — it’s where we get our invoices, receipts and notifications. Aside from that, email is one of the most lucrative marketing channels, with an average
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