Skip to main content
  • Claims Center
  • Contact Us
  • Español
  • Brokers
  • Agents
Hiscox Insurance
Menu Toggle
  • Home
  • Small Business Insurance Toggle Menu Toggle Menu
    Protect your business, plan for the unexpected, and help your business grow.
    • Top Coverages

      • General Liability Insurance

        The basic protection for claims against your business.

      • Errors and Omissions

        Protection against claims of negligence

      • Professional Liability

        Protection for specific risks in your field.

      • Business Owner's Policy

        General Liability plus coverage for property.

      • Cyber Security Insurance

        Protection from cyber-related security risks.

      • Workers Compensation

        Protection from work-related illness or injury.

      • Commercial Auto Insurance

        Protection for your business and work vehicles.

      • Short-Term Liability Insurance

        Purchase coverage for a specific period of time.

      • Medical Malpractice

        Protection for claims against your medical practice.

      • More Coverages

        Umbrella, Property, Inland Marine, and more.

    • Top Industries

      • Architects & Engineering
      • Beauty
      • Contractors
      • Consulting/Freelancing
      • IT/Technology
      • Landscapers
      • Marketing
      • View All Industries
    • Coverage In 49 States

      • View All States

    Retrieve Your Saved Quote

    Small Business Insurance Main Page

  • Why Hiscox Toggle Menu Toggle Menu
    With a single focus on Small Business Insurance, we provide fast, customized coverage just for you.
      • About Us
      • Customer Stories
      • Ratings & Reviews
      • Our Brand
      • Newsroom

    About Hiscox Main Page

  • Resources Toggle Menu Toggle Menu
    Insights and information to empower you and your business.
    • Blog
      • Start Your Business
      • Grow Your Business
      • Protect Your Business
      • Celebrate Courage
    • Podcast
      • Side Hustle to Small Business
    • Tips and Tools
      • Business Insurance 101
      • Research & Insights
      • Partner Offers & Discounts
      • Insurance Glossary
      • Profit Calculator
      • Business Templates

    Resources Main Page

  • Policy Management Toggle Menu Toggle Menu
    We make it easy for policy-holders to make changes, access documents, and report claims.
    • Manage Your Policy Online

      • Hiscox Policy Management

        • Change Business Address
        • Get an ACORD Certificate
        • Get a Certificate of Insurance
        • Issue an ACORD for an Additional Insured
        • Request Policy Documents
        • And more

    • Claims

      • Claims Center
      • Report a Claim
      • Claims FAQs
      • Claims Customer Reviews
      • Cyber Vendor Services

    If you purchased coverage from a broker and would like to update or change your policy, please contact your broker.

    Policy Management Main Page

  • Claims Center
  • Contact Us
  • Español
  • Brokers
  • Agents
  • About
  • Get a Quote Get a Quote
  • About
  • Get a Quote Get a Quote
Blog Home
Start Your Business
Grow Your Business
Protect Your Business
Celebrate Courage
Small Business Insights
Sign up to get the latest small business news delivered right to your inbox.
Grow Your Business
August 5, 2026
Five Ways to Market Your Small Business

Five ways to market your small business

Marketing

 | 

Small business inspiration

By:
Karen Doyle

Reviewed by: Sean Drumm

Share Article:

As a small business you can never compete with the marketing muscle that’s used by big firms.

You don't need a big advertising budget to market a small business effectively. Start by setting one clear objective, identifying your target market, and studying your competitors. Then craft an original message built on your unique selling proposition and deliver it through the channels your audience actually uses.

  • The 5 steps at a glance
  1. Set your objectives (one clear goal)
  2. Know your target market
  3. Know your competitors
  4. Define your message (your USP)
  5. Choose the right medium and channels

1. Set your objectives

Every good marketing plan needs to have a goal, a desired outcome for your business. The most successful plans will have just one goal. It’s okay to have more than a single objective, but you need to be crystal clear in your mind what is the main purpose for your marketing campaign, otherwise it may quickly become muddled. When defining your objective start with these questions. Do you want to:

  • Create new leads?
  • Retain current clients?
  • Boost your revenue or profits?

Once you decide your goals for the campaign then you need to define your target audience.

2. Know your target market

Who is going to be interested in what you’re offering. Is there a specific group your product or service appeals to more than others? Could you set yourself apart from the competition by targeting a different audience? Start by asking yourself a few basic questions.

  • Who does my product appeal to?
  • Why will they use it?
  • How is it different to what other firms offer?

You need to make sure that your target audience is big enough to sustain your business, or at least justify the expense of your marketing campaign. You should be able to establish that fairly quickly with some basic market research. Once you’ve established your audience, you need to look around to see who are your main rivals for their attention.

3. Know your competitors

It’s not a sign of weakness to keep looking over your shoulder to see what your rivals are up to. It’s important to know what they do, so you can sharpen up your own act and differentiate your offerings. Try to focus your mind with these few questions.

  • Who are my main competitors?
  • What are my main strengths and weaknesses?
  • What are their main strengths and weaknesses?

Understanding the competitive landscape will help you work out the best methods for communicating to your target customers.

4. What’s your message?

You want to engage your target audience in an interesting way. It’s important to be original, or your firm will just look like a ‘lite’ version of your bigger competitors – smaller but with less flavor than them. Define what is your Unique Selling Proposition (USP): are you a family firm in a market dominated by large corporations? Are you dedicated to good service when everyone else is focused on price? You can be quirky or you can be heartfelt: this is all we do, we’re good at it and we really believe in it. The best campaigns also give a sense of a company’s personality and its values.

5. What’s your medium?

There’s no point in developing a great marketing campaign if the people you want to reach don’t see it. That’s why how you deliver your message is just as important as what you say. As part of your research into target audiences, spend some time finding out how they live their everyday lives: you'd be wasting effort on a channel your audience doesn't use. Today that means matching the platform to the audience—short-form video, email, an optimized Google Business Profile, and even AI/organic search—rather than defaulting to any single social network.

If you still feel not certain about the path forward, you could ask a local marketing agency for help. If you can’t afford to pay them why not try to barter with them: you could give them a few hours of free IT support, accounting advice or whatever else you’re able to offer, in return for their advice.

Frequently asked questions

How much should a small business spend on marketing?

A common benchmark cited from U.S. Small Business Administration guidance is roughly 7–8% of revenue for businesses with healthy margins.

How do I market my small business with no money?

Focus on organic tactics: optimize your website and Google Business Profile for search and AI answers, publish helpful content, gather customer reviews, use email, and partner with complementary local businesses.

How do I identify my target market?

Define who your product helps most, why they'd choose you, and how you differ from competitors, then validate with quick market research.

What is a unique selling proposition (USP)?

The single, specific reason customers should choose you over alternatives—such as specialized service, values, or a niche focus. 


Bettering Your Business

Protect the business you’ve worked so hard to build. Get a fast, free quote and your business could be covered today.

Get a Quote
Get a Quote
Subscribe to our newsletter

Related Articles

7 Min Read
Two café owners pose outside their business as a raccoon walks past the storefront, highlighting an unexpected moment that draws attention.

What every small business can learn from Jimothy, the viral raccoon

Entrepreneur

 | 

Marketing

What can a viral raccoon teach entrepreneurs? Discover The Jimothy Effect and learn why memorable brands, authentic stories, and exceptional customer experiences help small businesses stand out. 

Stand out

5 Min Read
small buisiness owner flipping through calendar on desk, looking at key dates to focus on

Make August count: Key moments for businesses

Management

 | 

Entrepreneur

August is packed with key moments for every small business. Discover five big August moments business owners shouldn’t miss.

August awaits

6 Min Read
small business cash flow balance sheet with clipboard and calculator

7 Tips for small businesses to manage cash flow

Finances

 | 

Management

Understanding where cash comes from and where it goes to can mean the difference between thriving and just surviving – or even going out of business. Here’s how you can best manage your business's cash flow. 

Read More


We’re here to help.
We provide tailored insurance for the specific risks you face, so you can take the right risks to grow your business.
Get a Quote
Get a Quote

Subscribe to the Hiscox Entrepreneurial Digest on LinkedIn

Entrepreneurial Digest Graphic and Hiscox Logo
QR Code Linking to https://www.linkedin.com/newsletters/hiscox-entrepreneurial-digest-7138188446967160832

Get valuable business resources, timely tips and inspiring success stories in your LinkedIn feed every month.

Subscribe
Subscribe

Footer menu 1

  • What We Cover
    • Business Insurance
    • General Liability Insurance
    • Professional Liability Insurance
    • Errors and Omissions
    • Cyber Security Insurance
    • Workers Compensation
    • Other Coverage
  • Who We Cover
    • Small Business Owners
    • LLC
    • Sole Proprietors
    • Entrepreneurs
    • Side Hustle
    • Contractors
    • Home Businesses
  • For Our Customers
    • Claims Center
  • For Business Owners
    • Save with our Partners
    • Blog
  • About Hiscox
    • About Us
    • Careers
    • Contact Us
    • Hiscox Corporate
    • Investors
    • Foundation
    • Newsroom
    • Inclusion and Opportunity
    • Affiliate Partner Program

Footer menu 2

  • Accessibility
  • Site Map
  • Privacy Policy
  • Terms of Use
  • Legal Notices
  • Español

Your privacy choices Privacy opt-out icon

Feefo reviews: Hiscox rated 4.7/5 with 935 reviews between January 1, 2025 - January 1, 2026

© 2026 Hiscox Inc. All rights reserved. Underwritten by Hiscox Insurance Company Inc., 125 S. Wacker Dr., Suite 2080, Chicago, IL 60606. As of December 31, 2025, HICI had admitted assets of $2,182,031,119 and policyholders surplus of $665,461,908. Total liabilities were $1,516,569,211 (inclusive of $920,762,464 of loss reserves) and paid-up capital stock was $4,242,000.

icon-facebook
icon-youtube
x-logo
icon-linkedin