If you wanted to build a small business in the past, you had to find a way to build significant financing. You needed that money to be able to pay for even the smallest amount of significant marketing such as a radio ad or television spot. This has changed greatly now, and the future of the small business doesn't depend on their ability to find money to finance their marketing efforts. Instead, their success depends on their ability to find the right internet marketing tool that will allow them to take their business to the next level on the internet.
The first advantage of marketing online is obviously cost. The cost of offline marketing seems to be growing all the time, and it is nearly impossible for a small business to come up with the kind of money that is required to do this effectively. Marketing online though is a completely different matter, and many of the most successful online marketing techniques are done with no money, but instead, a lot of hard work and creativity.
Most of the best online marketing methods literally don't cost a cent. Things like search engine optimization and social networking are among the absolutely most powerful tools for bringing customers to
your online store, and require only an investment of time, not money. Social marketing especially, through huge sites like Facebook and Twitter, can be very effective. Blogging, podcasts, and posting videos on YouTube are other examples of low and no cost marketing online.
There are methods of marketing online which can cost a little bit if money, but are still much more affordable than traditional marketing. The best example of this is PPC marketing, or pay-per-click. This is a business model using the search engines where you pay a small amount every time someone clicks a link to your website.
The other strength of marketing online is that you have a huge target audience. Essentially, anyone that speaks the language that your website is written in is a potential customer at some point. When you try and open a small business in a physical location and concentrate only on marketing efforts in that area, you are only marketing to at most a few thousand people. When you take your marketing online, you are targeting potentially billions of customers. While they're probably not all going to buy from you, even if you can get the tiniest fraction of them as customers your business can be successful.