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So shop smarter, not harder.
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Basically, anywhere you go nationwide, it pays to discover. Based on the February 2024 Nielsen report. Learn more at discover.com credit card Some.
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Of the Most Effective Marketing Strategies Cost Nothing Today I'm going to show you how to market your business for $0 using strategies that indie creators, entrepreneurs, SaaS, founders swear by. If you think you need a big budget to grow your business, think again. Welcome Back to the $100 NBA Show. I'm your host Omar Zenholm. We're where we deliver practical business lessons three days a week, Monday, Wednesday, Friday to help you take action and start, grow and scale your business. In today's lesson, we're going to be talking about the $0 marketing plan that actually works. Marketing doesn't have to break the bank. I know because when I got started, I bootstrapped my business. I didn't have a lot of money, so I had to get creative. And what I learned is that the most memorable and effective strategies often come from just being authentic and just thinking outside the box, having a bit of fun with it. Today we're going to dive into three powerful, proven ways to market your business without spending a dime. And let's step into strategy number one. Get creative with your content. Sounds pretty simple, but the hardest part is just giving yourself permission to be creative, to have fun. Creativity is your secret weapon and it's going to allow you to stand out from the crowd. And best of all, you don't need a marketing budget to be creative. Here's the thing. When you create content that's shareable, entertaining, unique, it grabs people's attention and it spreads organically. People can't help but share it. You've probably done this yourself where you've seen a video and you shared it, you DMed it to your friend, maybe you retweeted it. Whatever. The point here is that it's so good, it's so funny, it's so interesting that you got to share it. Let me give you an example. There's a guy named Mark Liu. He's this French guy that lives in Bali. He's an indie creator, and he uses green screen effects to place himself in iconic movies like Wolf of Wall street and the Matrix. And in these little videos, he's pitching his product as a part of the storyline of the movie. It's funny, it's shareable, it's unforgettable, really. And it costs him nothing because he uses these apps like Cap Cut to put himself in these movies. And the reason why it's so shareable is because people relate to these movies. They've seen him before. They think it's funny that he's in this movie. He's changing up a scene that was one way in a movie. Now it's something else because he's making it about his product. Now, this is just an example of somebody who's being a little bit creat. Now, I'm not a lawyer. I don't know the legal ramifications of putting yourself in a movie if that's copyrighted or whatever. But I'm just trying to give you an example of somebody who's just thinking outside the box. Think about how you can inject some creativity and personality into your marketing. When I do any kind of marketing, video, sales video, I like to use some humor, some storytelling, some pop culture references even, just to get people thinking and get them sharing. It's just a great way to stand out. So as an action step that I want you to take, grab a paper and pen, grab your notebook, and brainstorm a creative idea that you might have in the back of your head. Something maybe you think about before, and you got to toss it away related to your product or service. Start with something simple, like something short, a skit, a funny video, or an entertaining post that ties into your offering, ties into what you do and what you offer the world. I want to give you one more example of this. There's a great video out there in the world called Zendesk Alternative. Zen. Zendesk is a help desk software, and they know that people search on Google. What are some alternatives to Zendesk? And they created a website called Zendesk Alternative. And it's basically about a band, an alternative band that plays a little grunge and rock, that sings songs about Zendesk. This help Desk software. It's funny, it's zany, it's just an offbeat type of thing, but you can't help but share it, just like I'm doing right now. Strategy number two Build in Public Building in public is a strategy that maybe started about a decade ago, but really picked up steam the last five years. It's one of the most effective ways to attract an audience and build trust. So what is build in public? Well, it's when you share your journey along the way publicly so people can feel like they're a part of your story. This creates a connection and builds an engaged audience that really is rooting for you, that's really invested in your success. This is simply just updating the world on social media, how your business is doing. This could be your revenue goals, this could be your growth numbers. This could be some of the challenges you're having. People love a good story and they like to follow along the story. A good example of this is Tally Forms, a free form builder on the Internet. And the founders, they share their entire product journey on social media, from their challenges to the wins, making their audience feel like co creators. So much so that when they hit a milestone like revenue milestone, everyone in the comments is cheering them on. Another example of this is a creator called Peter Levels. He's the founder of Nomad Lists. He tweets on X about his progress of all his new products. He tweets about his revenue milestones, even his setbacks. This transparency builds a loyal following. So share behind the scenes updates on social media as well. Talk about what you're building, what you're learning and what's next. So here's an action step to put this into action. Post a short update today about your business journey. It could be a win, it could be a challenge, it could be a lesson you've learned. Like this lesson, how to market your business for $0. Use whatever you got to share the journey.
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Did you know that the pet industry is a booming $150 billion industry? People absolutely love their dogs, don't you? If you're looking for a new investment and love dogs, there's only one name you need to know the that's Dogtopia. Dogtopia is the largest, leading and fastest growing pet franchise in North America. With 300 locations, Dogtopia is the only pet services franchise that offers a reoccurring revenue membership model. Dogtopia offers safe, open play, daycare, boarding and spa services for dogs. Want a strong franchise model that is recession resistant and number one in the industry. Check out Dogtopia because every dog and dog parent deserves it. Go to Dogtopia.com to learn more. That's Dogtopia.com if you're a listener of the show, you probably own a business or looking to start one. So the question is, are you ready to thrive with your business? It's time to let Intuit QuickBooks take things like unpaid invoices and tracking expenses off your plate to take things to the next level. If you're a longtime listener of the show, you know how much I bang on about how important your finances are. Getting your numbers in order, making sure your incoming invoices and expenses are all taken care of. That's where QuickBooks comes in. It's an all in one business platform that can help you with day to day tasks like invoicing and expenses. Manage and grow your business all in one place. Intuit QuickBooks your way to Money Money movement services are provided by Intuit Payments, Inc. Licensed as a money Transmitter by the New York State Department of Financial Services.
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Strategy Number three Build an email list with a freemium model Offering a free version of your product or service is one of the fastest ways to grow your audience and build trust. Freemium models let people experience your value before they buy, and once they see the benefit, they're more likely to upgrade to a paid purchase. This is very common in the software world or the SaaS world. Where there's a free version of the software, there's a free trial that you can try and see if the product is valuable. It tracks users while showcasing all the premium features that they could have if they bought the premium package or paid for the service. If you're a coach or a course creator, or an author or any kind of content provider, a newsletter is a freemium offer. Providing free insights every single week is a way for you to build trust with your audience and get them to feel what it's like to be a client of yours. Lets you nurture those potential clients. This is why making sure your newsletter is top notch is so important, because it's a chance for them to test you out. So start thinking about how to create a free plan, trial, resource or some way for somebody to see that you can solve problems for them, right? And use this method freeing them to collect email addresses, right? Because if they give their name and email address to get access to this so that you can stay connected and build trust with them. So as an action step, identify one thing you can offer for free. A mini course, a guide, a checklist, a Trial of your product. Set up a simple page, a landing page, to collect email addresses and promote it wherever you can. In your signature, in your email, in your description. On social media, you know where I have the link in bio, Put that link at the top to start collecting email addresses. So why do I believe these strategies work? What makes these zero dollar marketing strategies so effective is that number one, you're building trust. That's what business is all about, is building trust with your audience so that when they're ready to buy, they, they go and buy from you, nobody else. So whether you're sharing your journey or creating relatable content, or offering free value like a freemium, you're building a relationship with your audience, with your people so that they believe in you, they trust you, and they go ahead and buy from you in the future. Number two, they're authentic people. Connect with real stories and genuine value more than some polished ad campaign. An example of this is Mint Mobile. Mint Mobile is a mobile company that is owned by Ryan Reynolds and they had this ad campaign where Ryan Reynolds himself was leaving voice messages on Mint Mobile subscribers phones thanking them for being customers of Mint Mobile. And then the whole ad is recordings of customers calling back and hitting a voice mailbox of the number that called them and leaving a message saying thank you so much. That was incredible. Thank you for being a part of my world. I love the fact that you sent me that message. It was just like all this amazing appraise from Mint Mobile. They're giving all this great testimonials about how great the service is and how affordable it is and how much they tell their friends about it. And that was the app. It was authentic, it was real and it was effective. And number three, they scale organically. It's share worthy content. Whenever you share honestly, authentically, publicly, you are offering a way for people to see your real self and that is attractive. People want to share that, people want to be able to promote that, support that. Now I want to wrap this up by just giving you a tip. This takes some time. When you have zero dollars, you have time. Okay? And it's an exchange. If you have money, spend the money to get the leads and get the marketing. But if you don't have money, then you have time. So use your time to your advantage. This takes some time to build that trust, to build that consistency, to build those campaigns and get that message out. To have shareworthy content, you don't need a massive budget to market your business. You just need creativity, consistency and a willingness to share your journey with the rest of the world. So get creative with your content. Stand out with unique ideas that are inside you. You know, you gotta just be courageous enough to put it out there. Number two, Build in public to connect with your audience and grow organically. And use the freemium model that we discussed to provide value upfront and build your email list. So if you're an action taker like I am, then go ahead and take action by downloading our worksheet for today's episode. Over at 100mba.net worksheets you could download a checklist so you know exactly what to do to start your $0 marketing campaign. Thanks again for tuning into the $100 MBA show. I'm Omar Zanholm and I'll see you in the next episode.
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The $100 MBA Show: Episode MBA2580 – The $0 Marketing Plan That Actually Works
Release Date: January 31, 2025
In this episode of The $100 MBA Show, host Omar Zenhom delves into effective marketing strategies that require no financial investment. Tailored for entrepreneurs and business owners operating on a tight budget, Omar shares actionable insights and real-world examples to help listeners grow their businesses creatively and authentically. Below is a comprehensive summary of the episode, highlighting key discussions, strategies, and notable quotes.
Omar begins by dispelling the myth that effective marketing necessitates a large budget. Drawing from his own experience of bootstrapping his businesses, he emphasizes that creativity and authenticity are paramount in crafting memorable and impactful marketing campaigns.
Notable Quote:
"Marketing doesn't have to break the bank. I know because when I got started, I bootstrapped my business. I didn't have a lot of money, so I had to get creative."
[01:30]
The first strategy focuses on leveraging creativity to produce engaging and shareable content. Omar underscores the importance of allowing oneself the freedom to experiment and have fun, which can lead to unique and memorable marketing materials.
Key Points:
Examples:
Mark Liu's Movie Pitches:
Zendesk Alternative Band:
Action Step:
"Grab a paper and pen, grab your notebook, and brainstorm a creative idea that you might have in the back of your head."
[04:45]
Building in public involves transparently sharing the journey of your business development with your audience. This strategy fosters a deeper connection and trust, as followers feel like they are part of the entrepreneurial story.
Key Points:
Examples:
Tally Forms:
Peter Levels of Nomad List:
Action Step:
"Post a short update today about your business journey. It could be a win, it could be a challenge, it could be a lesson you've learned."
[05:50]
Offering a free version of your product or service is a powerful way to attract and retain an audience. The freemium model allows potential customers to experience your value proposition before committing to a purchase.
Key Points:
Examples:
Software and SaaS:
Content Providers:
Action Step:
"Identify one thing you can offer for free. A mini course, a guide, a checklist, a Trial of your product. Set up a simple page, a landing page, to collect email addresses and promote it wherever you can."
[08:15]
Omar outlines the foundational reasons why these no-cost marketing strategies are effective:
Building Trust: Establishing a trustworthy relationship with your audience ensures that when they are ready to purchase, they choose your business over competitors.
Notable Quote:
"Building trust. That's what business is all about, is building trust with your audience so that when they're ready to buy, they go and buy from you, nobody else."
[09:20]
Authenticity: Genuine and real stories resonate more with audiences compared to polished advertising campaigns.
Example: Mint Mobile Campaign
Organic Scalability: Share-worthy content naturally spreads, expanding your reach without additional costs.
Omar wraps up the episode by emphasizing the importance of time investment in lieu of financial expenditure. He encourages listeners to use their time creatively and consistently to build their marketing efforts.
Key Takeaways:
Final Action Step:
"Download our worksheet for today's episode over at 100mba.net worksheets. You could download a checklist so you know exactly what to do to start your $0 marketing campaign."
[11:50]
In Episode MBA2580, Omar Zenhom provides a pragmatic approach to marketing for entrepreneurs with limited financial resources. By focusing on creativity, transparency, and value-driven offerings, listeners can effectively promote their businesses without incurring significant costs. The strategies outlined not only foster trust and authenticity but also facilitate organic growth, making them indispensable tools for the modern entrepreneur.
For additional resources and to access the episode's worksheet, visit 100mba.net.