When it comes to marketing your product effectively and boosting your brand equity, you must have a good knowledge of your target audience. Of course, having this knowledge is a journey. As noted by Nic Shafer of Precision Extraction Solutions, this journey should start with ensuring that you meet your audiences where they normally socialize.
Get started with extensive research
Don’t rush into implement any type of marketing technique. You should first take the time to learn about your audience so that you can have a good understanding of what they need. Unfortunately, marketing budgets usually restrict businesses. Resultantly, they will not be able to use every possible marketing platform at once.
To deal with this challenge, it is paramount to understand the particular channel where your would-be customers socialize. Also, you must understand the things that are important to them when buying a product or service. A good understanding of your target audiences will go a long way in helping you to know the best marketing platform you have to use.
A two-pronged approach is required to know where your customers spend most of their time. This approach needs quantitative research that evaluates the existing data. Afterward, you will use qualitative research through a direct conversation with your existing customers. For qualitative research, surveys, focus group discussions, and questionnaires have been recommended by the U.S. Small Business Administration.
Identify sub-channels
Through the research, you will be able to identify sub-channels. This ensures that you don’t have to deal with the marketing noise and, thus, focus on what you need. These sub-channels can be YouTube Channels, niche social media groups, and so on.
Don’t use all platforms for your marketing strategy. Just focus on the particular ones that your audiences often use.
After establishing a relationship with your customers, it is possible to diversify your marketing strategy confidently. In the long run, this will be beneficial to your business. In fact, it can be the single most important factor that will take your cannabis business to the next level.
In addition, you should take advantage of consumer demographics and psychographics to find the best social platforms and marketing techniques for your business. Also, you need to get more information from your existing clients. The information can be extrapolated to cater to the needs of your prospective clients.
Change is imminent
Marketing channels and tactics change from time to time. Therefore, don’t be rigid in your marketing approach. The strategies and platforms that worked some months or years ago may no longer be effective today.
Be always ready to change your cannabis marketing strategies. However, before making any change, learn about your customers and readjust your marketing strategies to suit their needs and preferences.
In conclusion, cannabis marketing is as dynamic as the marketing of most other businesses. You must meet your customers where they usually socialize. So, you must continue to update your knowledge, learn more about your target audiences, and tweak your marketing channels and tactics as the market demands.
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