Continuing Your Marketing Momentum

So you’ve done the market research, determined your target audience and the tactics you believe will help your customers take action. But how do you continue the marketing momentum and effectively utilize this information to promote your company and its products and services, despite budget constraints and the effects of the current recession? Consider these tips.

Stay in the game. If your company reduces marketing to your current and potential customers and your main competitor maintains or increases marketing to your current and potential customers, which business is more likely to grow during and following a recession? On a less crowded playing field, those who stay in the game stand out and win business.

Market smarter. Make sure you consistently market your company and its products and services in some way. If you find yourself faced with a slashed marketing budget, turn to cost-effective tactics that are still market-effective. Consider utilizing public relations as a credible and cost-effective investment as well as case studies which enable you to highlight your expertise and success with specific clients. Both tactics can help boost your SEO, delivering results.

Do what others aren’t doing. Most people do not enjoy cold calling, but if conducted in conjunction with an ongoing direct mail or email campaign, the results can be rewarding. A call following two direct mail pieces to a prospect is not a cold call—it is a warm offer to continue a conversation.

Look for pockets of demand. In every economic downturn there are market segments that remain healthy, growing and which may even be bolstered by the economic turbulence. Maybe you have already served some of these markets, but have not focused on them lately. Revisit these areas as they may make for some great business opportunities.

Interested in learning how we can develop business-building marketing communications for your company? Call us today.

Jeff Barnhart
President and CEO
jbarnhart@cmasolutions.com