According to the report from Infusionsoft, small businesses say 'Customer referrals/Word of mouth' is the most effective marketing strategy.
The report based on the data from a survey of 408 small business infusionsoft customers (50% B2C-focused, 28% B2B, and 22% mixed)
Effective Marketing Strategies
62% Customer referrals/Word of mouth
34% Email to our own list
25% Networking
23% Social media
14% Search engine marketing (SEO/SEM)
13% Content marketing (blog, FAQ, webinars, etc.)
12% Direct mail/flyers
12% Events or event sponsorships
8% Print ads
8% Pay-per-click ads (PPC)
2% TV/radio ads
7% Other
6% None of the above
Source: MarketingProfs