HOW TO STAND OUT IN A CROWDED MARKET PLACE! - BE A GUERILLA
“Be
Different or Be Dead”, is so true today in business than ever, keeping up with the changing times is vital
for businesses, but even more important is standing out. Those who remain the same
often get left in the dust, replaced by “the new and improved.”
“Business
is marketing”, Peter Drucker said. Business should be innovative in their
Marketing strategies and approaches. One such innovative marketing strategy is
Guerrilla Marketing.
What is
Guerrilla Marketing?
Famous author Seth Godwin quoted, “Marketing is no longer about the stuff that you make, but about the stories you tell.”
Guerilla marketing is an unconventional yet popular form of marketing that uses certain elements of shock and surprise in order to drive publicity and brand awareness. It has an average ROI of 4.5 to 5 times their initial cost.
Guerilla marketing focuses on using shock-factor as a way to promote brand visibility and recognition. The tactics involved are unconventional and low-cost, so it could be an approach worth trying to connect with your audience in ways traditional methods can’t.
If you’re looking for ways to spice up your marketing strategy to stand out in a crowded market, guerilla marketing offers a variety of innovative ways to do so.
Guerrilla marketing tactics
Here are some common guerrilla marketing tactics that businesses can use to promote their products or services:
- Street art: Use graffiti or street art to promote your brand in urban areas where people will likely see it.
- Public stunts: Create a memorable experience for your target audience by staging an unexpected, attention-grabbing public event or performance.
- Branded merchandise giveaways: Offer free branded merchandise like stickers or T-shirts to create a buzz and encourage word-of-mouth marketing.
- Social media campaigns: Create viral social media campaigns that encourage user-generated content or use hashtags to generate buzz and increase brand awareness.
- Flash mobs: Organize a group to perform a choreographed routine publicly to draw attention to your brand.
- Pop-up shops: Set up temporary retail locations in high-traffic areas to showcase your products or services and generate buzz.
- Guerrilla advertising: Use unconventional advertising methods, such as projections or chalk art, to promote your brand in public spaces.
Type of guerrilla
marketing |
Risks |
Cost-effectiveness |
Humor |
Surprise |
Indoor marketing |
Low |
Medium |
Medium |
Medium |
Outdoor marketing |
Medium |
Medium to high |
Low |
High |
Ambush marketing |
High |
Medium |
Low |
High |
Experiential
marketing |
Medium |
Low to medium |
High |
High |
Guerrilla marketing tactics can effectively generate buzz and reach a wider audience, especially for businesses with limited marketing budgets. However, ensuring that the tactics align with the brand values and won’t offend or alienate the target audience is important.
Author: Dr. Sabyasachi Rath, Professor, Department of Management Studies
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