Many of us who start a business from home have little or no marketing experience, especially with online marketing. We learn as we go. Here are a few common marketing mistakes that if avoided will save time and money, and spare you some disappointment.

1. Not having a marketing plan.
   A marketing plan is simply a blueprint for how you will go about promoting your products or services. In the same way that a business plan provides focus, goals, and tasks for your overall business, a marketing plan provides a road map for your promotions and advertising. It’s best not to approach marketing without one.
2. Putting all your eggs in one basket.
   This old saying seems to work in a lot of situations and marketing is no exception. Diversification is the key to success and growth. You may find one or two strategies that work particularly well for your business, but don’t base your entire marketing plan on just those methods. Explore other options to avoid being stalled at a certain point.
3. Ignoring the power of networking
   Business networking is invaluable. When entrepreneurs get together to brainstorm and exchange ideas, all sorts of beneficial relationships are formed. In your business networks you will form joint venture partnerships, referral networks, and find mentors and friends.
4. Working alone to “run the whole show.”
   Most small businesses start out with one person working alone. But as your business grows there will come a time when you’ll need help to keep things running smoothly. Your time can best be spent marketing the product in new and creative ways. Someone else can take care of designing your web site, answering emails, and handling the bookkeeping. Use your expertise where it will increase profit the most and hire others to take care of the everyday details.
5. Cutting the budget.
   When business is slow is natural to want to cut expenses. But it’s especially important to keep marketing and advertising during a downturn. A better choice is to beef up marketing to reach a new or wider customer base.

If you’ve already made some of these mistakes, don’t panic. Take a good look at what you’ve been doing, keep doing what works and drop what doesn’t, and begin again with more knowledge and a marketing plan for success.

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