American Business Brokers & Advisors - July 2023

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INSIDE 7824 Estero Blvd., 3rd Floor Fort Myers Beach, FL 33931 1 Is the Market Value of Convenience Stores Starting to Drop?

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The Difference Between Living Wills and Advance Directives What Are the Top 3 Reasons to Sell Your Business?

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Thinking About Selling Your Business in 2023?

Storytelling Should Be Your Marketing Priority

Tell a Story and Gain a Following BUILD LOYALTY WITH STORYTELLING MARKETING

We all love stories. Be it books, movies, or current events, we can’t help but thrive on storytelling in our everyday lives. We even process information better when it’s told as a narrative. A study by psychologist Jerome Bruner discovered that people were 22 times more likely to remember a fact when embedded in a story. That makes storytelling a powerful tool to reach your audience.

Storytelling marketing is when brands use a narrative to convey their message. In our era, consumers require more than a basic display of your product. Consumers are searching for why they should trust — and buy from — you. The best way to do this is to utilize storytelling marketing. Not only will it help customers better understand your business, but it also humanizes your company. HOW CAN STORYTELLING BENEFIT YOU? Businesses worldwide have been reaping the benefits of storytelling, and it has worked well enough to become the new standard. Whether you’re sharing why you started your business or adapting stories that align with your company’s beliefs, storytelling marketing can:

Build a connection with potential customers

GET STARTED ON STORYTELLING MARKETING. While the benefits of storytelling marketing are clear, it’s a bit more challenging to execute. You might struggle with your story and what you should share. Consider what motivated you to start your business. Entrepreneurship isn’t for the faint of heart, and there must be various reasons for this endeavor’s importance to you. List all the events and ideas that led you here. Next, design your anecdotal story to align with the ideals of your desired audience. Instead of sharing your story, you could create a tale with powerful metaphors and a lively narrative to draw in your audience. Whatever approach you take, storytelling marketing will ensure you leave a greater impression.

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Make your brand memorable

Separate your business from competitors

Share your message and ideas

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