How to prioritise marketing initiatives with limited resources?

ROI insights

Many Australian small and medium enterprises face the same challenge: a long list of marketing ideas, but limited time and money. It’s easy to feel overwhelmed and spread yourselves too thin, achieving little in the process. The key isn’t doing *more* marketing, it’s doing the *right* marketing. We help businesses navigate this daily, and a structured approach to prioritisation is essential.

Instead of chasing every shiny new tactic, focus on initiatives that deliver the biggest return on investment (ROI). This means understanding where your current customers come from, and what activities drive profitable growth. Here’s how we recommend approaching prioritisation:

  • Focus on your highest converting channels: Analyse where your best customers are finding you *right now*. Is it Google Search? Social media? Referrals? Double down on what’s already working. More effort into proven channels will yield faster results than experimenting with unproven ones.
  • Prioritise customer retention: Acquiring new customers is significantly more expensive than keeping existing ones. Invest in strategies that build loyalty – email marketing with valuable content, personalised offers, and excellent customer service. A small increase in customer lifetime value can have a huge impact.
  • Content marketing for long-term value: Creating helpful, informative content (blog posts, videos, guides) attracts potential customers searching for solutions you provide. While it takes time, content marketing builds trust and authority, generating leads consistently over the long term.
  • Local SEO is critical: For many Australian SMEs, particularly those with a physical presence, being visible in local search results is paramount. Claim and optimise your Google Business Profile, encourage customer reviews, and ensure your website is optimised for local keywords.

Don’t fall into the trap of thinking you need a complex marketing plan. Start small, focus on a few key initiatives, and measure your results. Regularly review your performance – what’s working, what’s not – and adjust your strategy accordingly. Remember, marketing isn’t a ‘set and forget’ activity. It requires ongoing analysis and optimisation.

The best next step is to conduct a simple marketing audit. Identify your current marketing activities, track your key metrics (website traffic, leads, sales), and pinpoint areas for improvement. This will give you a clear picture of where to focus your limited resources for maximum impact.

The bottom line

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