The Commonwealth of Massachusetts has once again appropriated $250,000 for the Smaller Business Association of New England’s (SBANE) Matching Grant Program for industrial manufacturers. The Massachusetts State Legislature has appropriated these funds for the purpose of providing high-powered consulting expertise to small and medium-sized Massachusetts-based manufacturers undergoing a business transition.
Lights, Camera, Action!
We all love a good story, and what better way to tell a story than through video. When it comes to video marketing, facts tell, but stories sell. Video is an integral tool in your industrial marketing arsenal, as it expands your reach and has a positive impact on your brand. With 75% of executives watching work-related videos at least once per week, it is no wonder that video is the preferred form of marketing content. Videos are quick and interactive ways to connect with leads and customers, so there is no reason to not use video marketing as a strategy. The bottom line: video marketing does have a place in industrial manufacturing.
Industrial Manufacturers Can Apply for Money!
Charlie Baker and the Commonwealth of Massachusetts want to help pay for your marketing consulting, or other consultative project.
Promote Your Product to Potential Customers
Let’s be upfront: industrial manufacturing trade shows are expensive. According to Exhibits USA, the going rate for purchasing a portable trade show display is approximately $100 to $150 per square foot. Combine this cost with the price of planning and promoting and before you know it, tens of thousands of dollars are out of your industrial marketing budget. The good news, you may ask? While expensive, trade shows are incredibly beneficial to your business. In fact, 81% of trade show attendees have buying authority. In other words, 81% of attendees are your potential customers. Trade shows are a great way to leverage your business by making meaningful, solid connections with potential buyers and current customers. When it comes to trade shows, one thing is certain: they are definitely worth your money.
Matching Grants for Marketing Strategies
There are numerous sources of funds for small businesses and manufacturing companies located in Massachusetts, and one specifically targeted to manufacturing companies is now in the state budget. The Commonwealth of Massachusetts has once again appropriated $250,000 for SBANE's Manufacturing Matching Grant Program. The program seeks to provide targeted matching grants to manufacturing companies seeking to enhance the company's bottom line.