Small business owners face a myriad of challenges. How do they stand out in a crowded marketplace? How do they draw in loyal customers? And how do they achieve all this with a limited budget? Thankfully, there is a solution to this dilemma.
It’s about leveraging the power of storytelling to connect with your audience on a personal level. This is as much about communicating your values as it is about showcasing your unique perspective, while you build valuable relationships that can help take your business to the next level.
So, how can you as a small business owner achieve these aims at the same time through storytelling? Keep reading below for more insights.
Narratives are powerful tools to help your audience forge a stronger connection with your brand. But creating them takes time, effort, and prior preparation. Here’s what you should consider doing before you get started.
Business owners know their product or service offering like the back of their hand. But how well do they know their brand? Do they even have a brand to speak of? If you don’t yet, you should. Branding goes beyond logo design, corporate colours, and a catchy tagline. It’s about the tone of voice you use in all your communication with the public.
It needs to be identified clearly so that your brand can grow and become easily identifiable by everyone who gets to know about it. And one more thing: you need to use your brand tone of voice consistently in all your marketing messages, be they on social media, on your blog, website, email communication, or anything else.
The next step is equally important. Despite its appearance of simplicity, it can get complicated and take a lot of time and effort to get right. Yes, we are talking about knowing exactly who your target audience is. For this purpose, you’ll want to study the market you operate in and determine what sort of customers you typically get. Your potential customers in New York might be vastly different from your potential customers in Japan.
Then, gather information about them such as socio-economic status, demographics, psychographics, and more. When you have this information, you’ll probably realise that you have several different segments of customers. Ideally, you want to choose the broadest segment of these and tailor your message consistently to their needs.
Think about how they speak and how they’d like to be spoken to. Think about what drives them and what challenges they’re facing. By deeply understanding your ideal customer in the broadest segment you serve, you can create much more targeted marketing messaging and narratives.
Ultimately, your story or narrative should have a clear goal. Do you want to raise brand awareness? Do you want to reach more followers on social media? Do you want to directly impact your sales figures? Writing and preparing story content is a difficult and engrossing effort.
The last thing you want is to aimlessly produce materials that have no goal. Make sure that you identify measurable outcomes that you can keep an eye on. This will help you see if your storytelling is working, how and when to tweak it, whether you need to develop it further, or change it altogether.
Now that you have a clear purpose and vision of who you want your story to target and what message you’d like to communicate, it’s time to consider the next phase: narrative creation. Below are a few key pointers that will help guide you in the right direction.
Creating your story plan and structure is easier said than done. That’s because you want it to be short and punchy, emotive, captivating, powerful, and attention-grabbing all at the same time. For this purpose, you want to have clarity about the shape that your story structure will take.
Remember that unlike fairy tales, you want your story to have a deeper meaning and purpose. And again unlike fairy tales, it shouldn’t be long-winded and have too many layers.
Most stories follow the dramatic arc in their structure. They contain an exposition, rising action, climax, falling action, and resolution. However, you don’t have to follow this structure to the letter.
You can choose from several story structures that align with your vision and goals. Here are several examples you can choose from:
Remember that a story doesn’t have to be large chunks of uninterrupted text. Instead, it can be supplemented with powerful visuals that resonate with your audience.
Whether it’s a photograph of you on your first day of business, an infographic, or a picture of a happy customer, it’s about breaking up the text with a visual break that can immerse your audience even deeper into your story, making it come alive and keeping them captivated for longer.
Now it’s time to create your narrative. You’ve decided on the structure and you know what type of visuals you will use. But how do you proceed? A couple of tips worth bearing in mind include:
Getting the basics right in marketing storytelling is one thing. But you also need to consider a few additional factors that play a pivotal role in your narrative’s success. Let’s start with authenticity.
We can all smell when we’re being sold to and most people don’t like that feeling and end up associating your business with trying to make a quick sale. Avoid being that brand. And when you create your story, make sure you add value to your audience. You don’t want to waste their time.
Another key element is consistency. Your story should pervade every aspect of your written marketing communication. You also need to consistently maintain the story, develop or evolve it so that you retain interest and continue to build your brand.
Finally, make sure to engage in social sharing. This means spreading the word about your story on social media platforms where your business has a presence. The more visibility your story has and the more you set yourself apart from your competitors, the better business performance you are likely to enjoy.
Managing your social media presence is vital in a digitally driven world and it’s worth keeping a pulse on your involvement on such platforms.
As a final word, there’s something important to be said about measuring the impact of your efforts. Above, we mentioned the importance of having a clear goal in place. Once you have a measurable indicator that you can check your narrative’s performance against, you can tell if it’s working or not and make the necessary adjustments, where needed.
A few key metrics that could help you measure performance, whether it’s growing your blog or social media profile, include but are not limited to the following:
Storytelling in marketing is both an art and a science. When done correctly, it can be a powerful tool that helps your business grow. As you work on creating your business’ narrative, make sure to align the story with your brand persona and be consistent with your messaging.
And don’t forget to constantly measure the results of your efforts so that you know what’s working and where you need to make some tweaks. While it’s an ongoing process, it’s a way to differentiate yourself from the crowd and enjoy greater business success and customer loyalty.