Blogs … a low cost, high return marketing tool for small business

So says the New York Times and it’s no surprise that I agree with them!

The article gives a good overview of how a blog can help a small business to market itself and build its brand and has some very nice supporting case studies. But the NYT does suggest that not all companies will be suited to using blogs as a marketing tool for a bunch of reasons, including that they may not have “enough to say”.

I don’t think the latter’s really the issue. Rather blogging (just like podcasting or using video) is a very new marketing tool for small businesses and the rule book hasn’t yet been written. As I’ve seen at BT Tradespace, SMEs are already using blogs in a variety of ways from a direct sales pitch, to source of advice, to general discussion. The level of experimentation is very high.

What is likely to happen is that in the hands of many thousands of small businesses, (the majority of whom will be coming to the medium for the first time), blogging itself is going to change. In fact many of the discussions about what is an appropriate use of blogging for marketing purposes may soon seem quite quaint as SMEs claim the medium for themselves.

As William Gibson said “the future is already here. It’s just not very evenly distributed”. My prediction for 2008 is that the use of blogging and other forms of social media as marketing tools will go well beyond the current niches and become mass market and that as a result we will see a new type and style of online marketing emerge with SMEs in the driving seat.

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