During the recession, it seems instinctual to reel in your marketing campaigns. However, many business owners who are seeing growth right now have actually ramped up their marketing efforts. Marc Joseph, President and Founder of “Dollar Days” recommends hiring professional copywriters to create keyword-rich articles that will make your website more visible in search engines. His editorial team was able to get his website in the top 5 search results for competitive keyword phrases like “wholesale souvenirs.” Content is king — and, for a small price, you can get the word out across multiple internet channels and reach even more consumers than you would have through snail-mail campaigns. Continue reading for more valuable recession tips from MarketingSherpa’s 2009 B2B Marketing Summit.
At the 2009 MarketingSherpa B2B Marketing Summit, there were several recession tips and recommendations to help small business entrepreneurs weather the storm. The first tip was to “re-engage old leads.” According to Brian Carroll, CEO of InTouch, research reveals that 80% of all leads marketers generate are discarded, lost or ignored. Sending your sales team out to find new leads all the time can be a grueling, tiresome practice — and an expensive one! Instead, you can use marketing newsletters and social networking sites to re-engage and reinvigorate potential contacts. Caroll adds that emailing relevant industry articles to old leads and following up by phone generated a 375% increase in conversions. One marketer said his team achieved a 44% increase in subscribers by offering a news announcement and prize. “If you want to make a difference in the fourth quarter this year, go back to what you did in the first quarter of this year or the fourth quarter of last year, and there’s a lot of opportunity there,” Carroll said.
One of the more unconventional recession tips is to change your company over to a home based business. With a computer, a telephone and a quiet room, many businesses can move to the home. The good news about this bold move is that you’ll cut out on commuting costs and rent — not to mention, you’ll be able to write off a portion of your heating/cooling/electric/mortgage bills on your taxes as an expense. If you can’t run your company alone and rely on many other workers to get the job done, then you may want to consider how they can work from home as well.
Rene Lacape is a seasoned insurance agent. He has been dealing with both corporate and individual accounts for several years up to the present. If you need him, you can check his website and give him a call. Act now.