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#37 š How to 3X Your Businessā Exposure with Effective Cross-Promotion
3 min. 47 sec. read
Why did the yoga studio cross-promote with the massage therapist? To stretch out the benefits!
Hey Boss š
Looking for ways to expand your reach without doubling your marketing budget? Cross-promotion might be the strategy youāre looking for! By teaming up with other businesses, you can tap into new audiences, increase brand awareness, and drive growthāwithout doing all the heavy lifting yourself.
Today, weāre breaking down how you can use cross-promotion to give your service-based business the boost it deserves. Ready to double your exposure? Letās dive in!
Cross-Promotion Strategies for Service-Based Businesses š
Cross-promotion can help you reach potential clients who might not have discovered your services otherwise. Hereās how to make it work for you:
1. Identify the Right Cross-Promotion Partners šÆ
Choosing the right partner is key to a successful cross-promotion. Look for businesses that share a similar target audience but offer complementary services.
Action items for you: š
Define Your Audience: Understand who your ideal clients are and what other services they might be looking for.
Research Potential Partners: Identify businesses that arenāt direct competitors but cater to the same market. For example, if you offer web development, consider partnering with a digital marketing agency.
2. Create Joint Marketing Campaigns š¢
Once youāve found the right partner, collaborate on a marketing campaign that benefits both businesses. This could be anything from a shared social media post to a co-branded email blast.
Hereās what you can do: š
Social Media Shoutouts: Feature each otherās services in posts or stories, and encourage your followers to check out your partnerās business.
Co-Branded Content: Develop a blog post, eBook, or video together that provides value to both audiences. For example, a fitness coach and a wellness consultant might create a guide on āHolistic Health and Fitness Tips.ā
3. Offer Exclusive Deals to Each Otherās Clients š
Encourage your partnerās clients to try your services by offering exclusive deals or discounts.
Steps to take: š
Special Discounts: Create a unique discount code that your partner can share with their clients, and ask them to do the same for yours.
Bundle Offers: Package your services together at a special rate. For example, a photographer and a makeup artist could offer a discounted āPhotoshoot Glamā package.
4. Host Joint Events or Webinars š¤
Collaborative events can attract more attendees and increase your exposure to potential clients.
Hereās how to do it: š
Plan an Event: Organize a webinar, workshop, or live event that showcases both of your expertise. A business coach and a financial planner might co-host a seminar on āBuilding a Successful and Sustainable Business.ā
Share the Promotion: Use both of your marketing channels to promote the event, ensuring it reaches a wider audience.
5. Leverage Email Marketing Lists š§
Cross-promote through email by sharing your partnerās services with your subscribers, and vice versa.
Steps to take: š
Email Swaps: Feature each other in your email newsletters. For instance, a travel agent could promote a travel insurance provider in their next email blast, with the insurance provider returning the favor.
Co-Authored Emails: Write a joint email that introduces both businesses and offers a combined deal or resource.
People buy your service to solve a problem, not the service itself. People buy a freshly cut, beautiful looking lawn that makes their home look nice, not the time and manpower of the landscaper who comes to cut it. Promote and sell the solution your service provides, not the service itself.
Sell the problem you solve, not the product.
ā Entrepreneur Quotes (@EntrepreneurQ)
1:28 AM ā¢ Feb 13, 2019
Here are some additional resources to help you dive deeper into cross-promotion strategies:
š Dripifyās complete guide to cross promotion
š Indeed.comās 15 effective ideas for cross promotion
š Hubspotās guide to co-marketing
š Try our free 14-day trial of Book Like A Boss!
In case you missed it š
Cross-promotion is a powerful tool for service-based businesses looking to grow their reach and connect with new clients. By partnering with complementary businesses and leveraging each otherās strengths, you can create campaigns that offer value to both your businesses and your clients.
As always, if you have an nnny questions or need more insights, hit reply. Weāre here to help!
~ The BLAB team.
Try Book Like A Boss for Free š
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