November 17, 2020
The world looks much different now from what it did a year ago. The economic unpredictability’s caused by
Covid 19 should be incentive enough to take a hard look at the strategy you’re using to maintain and continue growing your
business. From a marketing aspect, the new normal can seem quite challenging. Unfortunately, it’s no longer “business
as usual”. Strategic marketing
services may
be needed to maintain or grow your business during these troubling times.
IS BUSINESS GROWTH DURING A PANDEMIC POSSIBLE?
This is a tricky question with the answer being a definitive maybe! A hostile economy can build as many opportunities as it can dismantle.
Some losses are unavoidable, but for most entrepreneurs it’s about diminishing your losses while finding ways to capitalize on new
opportunities. It’s about making critical data-driven decisions that leave your business stronger. Is your competition sitting
around and trying to wait out the storm, even though there’s demand for your services? This may be the perfect time to strike and
distance yourself from them by letting the world know that you’re still open for business!
STRATEGIES FOR CURRENT & POST PANDEMIC GROWTH
TRY FOCUSING ON EXISTING CUSTOMERS & REINTRODUCE YOURSELF
It can typically cost 5 times the amount of money to bring in a new customer than it does an existing client. As we potentially
brace for multiple second waves, don’t lose sight of your existing customers. Try reintroducing yourself to them. This can be
done with a well-crafted flyer or brochure, using your personal brand design, sent to
them in the mail. If you have a strong email database of past customers, an email campaign or advertising to them on various
online channels is another great option.
You can also try rewarding your more loyal customers with marketing products that
that showcase your corporate identity. Imprint your logo on various swag. Bonus points for giving out a unique item that suits your
business.
COMMUNICATE WITH YOUR CUSTOMERS & DON’T STOP COMMUNICATING
Some businesses, potentially your competition, have stopped or reduced communication with their clients as a result of the
pandemic. Communicating with current and potential clients will reassure those that are still in need of your
services that your still open for business to help them. Talk about the precautions you are taking for customers to
feel safe in your business.
Try being more active on social media. People have been spending more time at home, and on social sites, than ever before. So, it’s
critical that your active, and social, on the same channels your customers frequent. Share updates about your business, blog posts and
other content your target audience will find interesting or helpful. Think about developing short videos to show what it’s like behind
the scenes, make announcements, or bring them weekly tips related to the services or products you offer. Or try
putting out a giant “Open for Business” sign if you’re store is in an area with heavy foot and vehicle traffic.
START ASKING FOR REVIEWS
Part of communicating with your clients, but it deserves a special shout out. Asking for a favor can be hard but asking for
reviews is important to your businesses offline and online presence. Whether a potential customer is planning on visiting,
calling or sending you a message. Most of them are doing their research ahead of time. This typically means “googling” your company and one
of the things their looking at is your reviews. If you have none or even worse, bad reviews, this can cause a viewer to skip right over
your business. By asking for reviews from clients that loved the service your provided them, you also provide potential new
clients an idea of what they can expect by contacting you.
So how do you ask for reviews? You can ask in the store after they’ve made a purchase, or in their home after providing a service. Send out
emails asking them if they’d mind writing you a quick review. You might even decide to run a contest, have them send in a photo using your
product or a before and after of the services that were provided. Don’t forget to provide where you would like the review to be
posted. Google is important but depending on your audience other review or social sites may be equally important. Try directing
different customers to leave reviews on different channels.
MAKE PURCHASING EASY FOR CUSTOMERS
Depending on your industry, products or services, think about providing free delivery in your local community. Post photos and videos on
your website and social media channels to encourage interest from your audience. Provide online ordering if you’re a restaurant or sell your
stores products directly on its website. Get really, really good at responding to people in order to make them feel comfortable
however they feel like communicating. This includes responding to emails, social media messages, phone calls and even texts, as quickly as
possible so you don’t miss out on making a sale.
HOW TO GET IT ALL DONE AND PREPARE FOR THE FUTURE
Review your business and marketing plan right now if a return to lockdown becomes a reality. What areas deliver your highest
return? What product or service do you offer that has the greatest profit? Are you currently marketing it? Which key marketing
activities have the greatest return on investment? Once these important items are identified, concentrate on them to maintain a
consistent marketing strategy.
Many business owners are struggling to keep up with the constant changes to our reality due to the Covid 19 Pandemic. Working with reduced
staff and limited cash flow. Investing in a strategic marketing solutions and tools to help rebuild or improve your business can help
save you time and keep your efforts on track. If you don’t know where to start, contact
us for
a free consultation.
The marketing team at Strand360 is ready to help you develop a strategy that
fits your brand and target audience. We start by learning more about your business and discovering your paint points. After analyzing
the information, you provide us and researching your industry and competition we can help you develop the marketing
solutions your business needs to survive. Continue working with us as we evaluate the efforts made and adapt your strategy, based on
analytics and insights, in order to continue improving your growth.