Boost Your Business with Effective Ads and Budgeting Tips

Boost Your Business with Effective Ads and Budgeting Tips

Table of Contents

  1. Introduction
  2. Challenging Myself to Stay in the Green
  3. Running Ads: Etsy and Website
  4. The Plan for a Pop-Up Shop
  5. Getting Involved with a Non-Profit
  6. Business Affirmations and Closing

Introduction

Hey, what's up guys? Welcome back to my channel! If you're new here, thank you so much for stopping by and please consider subscribing. In this week's vlog, I'll be sharing some exciting updates with you, including my financial goals, running ads for my business, and plans for a future pop-up shop. So let's jump right into it!

Challenging Myself to Stay in the Green

I recently realized that I'm in the red this month when it comes to my business expenses. It's frustrating, but I know that these things happen. So, I've challenged myself to either break even or minimize my expenses for the next two weeks. I want to stay in the green and see more profit in my business. One major issue I've identified is my spending habits, particularly with Amazon Prime. I tend to buy things that I think I need for my business, but I want to limit those unnecessary purchases. I'm committed to not buying anything for the next two weeks unless it's absolutely necessary. This way, I can start the month of April on a positive note.

Pros: By challenging myself to cut down on expenses, I will be able to improve my financial situation and potentially increase profit in my business.

Cons: It may be challenging to resist the temptation to make unnecessary purchases, but staying disciplined will be important for achieving my goals.

Running Ads: Etsy and Website

To boost my sales and increase visibility, I've decided to run ads for my business. Previously, I was running ads on Etsy for $1 a day, but I've increased it to $2 a day. I don't want to go overboard with the ads, but I want to see if increasing the budget makes a difference in reaching more potential customers. Additionally, I've also started running ads for my website on Facebook and Instagram. I've already seen some positive results in terms of increased traffic. It's exciting to see more people visiting my website and I hope that it will eventually lead to more sales. I'll continue monitoring the ads and their impact on my business.

Pros: Running ads can increase visibility, drive more traffic, and potentially result in higher sales for my business.

Cons: Increasing the ad budget may involve additional costs, and it might take time to see tangible results.

The Plan for a Pop-Up Shop

I've always wanted to participate in a pop-up shop, so I've started researching events in my area. I reached out to my cousin who has experience with pop-up shops, and we're planning to do one together, possibly in May or mid-June. The main items I'll need for the pop-up shop are a tent, a table, a table runner, and a sign. I'll ensure I don't go overboard with inventory and only bring what I think will sell. For items that are not available at the pop-up shop, I'll have my tablet with me, so customers can still place orders and receive them later. I want to make sure the pop-up shop is a success and creates more visibility for my business.

Pros: Participating in a pop-up shop can help reach a larger audience, generate immediate sales, and create networking opportunities.

Cons: Organizing a pop-up shop may involve additional expenses and require careful planning and coordination.

Getting Involved with a Non-Profit

I've been thinking about giving back to the community and getting involved with a non-profit agency. I recently had a non-profit reach out to me, and I plan to connect with them to explore possible collaboration. I want to understand how my business can contribute or support their cause. This is an area I need to research more, but I'm excited about the opportunity to help and make a difference in the community.

Pros: Getting involved with a non-profit can have a positive impact on the community and enhance the reputation of my business.

Cons: Involvement with a non-profit may require additional time and resources, but the benefits outweigh the challenges.

Business Affirmations and Closing

Before closing, I'd like to share some business affirmations and encouragement. It's essential to stay focused on your goals, speak positivity into your business, and avoid comparing your journey to others. Remember that success takes time and learning from failures is part of the process. Stay consistent, promote your business, have faith, and believe in yourself. Don't let negativity discourage you from pursuing your dreams. You've got this!

Thank you for joining me on this journey, and I appreciate each and every one of you for your support. Until next time, take care!

Highlights

  • Challenging myself to stay in the green financially and reduce unnecessary spending
  • Running ads on Etsy and my website to increase visibility and drive traffic
  • Planning a pop-up shop with my cousin and focusing on strategic inventory and sales opportunities
  • Exploring opportunities to get involved with a non-profit and give back to the community
  • Encouraging business affirmations and reminding myself to stay positive and consistent

FAQ

Q: How can I improve my financial situation if I'm in the red? A: By challenging yourself to reduce unnecessary expenses and increase sales through ads and strategic planning, you can take steps towards improving your financial situation.

Q: What are the benefits of participating in a pop-up shop? A: Participating in a pop-up shop allows you to reach a larger audience, generate immediate sales, and network with other businesses and potential customers.

Q: How can I get involved with a non-profit as a business? A: Reach out to non-profit organizations that align with your business values and discuss potential collaborations or ways you can support their cause through donations, sponsorships, or volunteer work.

Q: How important is consistency in business? A: Consistency is crucial in building a successful business. It helps to establish your brand, gain customer trust, and stay top-of-mind with your target audience.

Q: How can I stay motivated and positive during challenges? A: Focus on your goals, speak positivity into your business, and surround yourself with a supportive community. Don't compare yourself to others and remember that learning from failures is part of the journey to success.

I am a ETSY merchant, I am opening several ETSY stores. I use Etsyshop to find ETSY stores and track competitor stores. Etsyshop really helped me a lot, I also subscribe to Etsyshop's service, I hope more people can like Etsyshop! — Ecomvy

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