It's Here and We Warned You
January 02, 2017
The First Quarter is here. For many businesses it's a sobering reality for others it is full of opportunity. Those businesses who remain aggressive in their marketing efforts will continue to build on past success. They know now is not to disappear from the consumer radar. So, how about some tips on how to better stay "top of mind" and turn the First Quarter positive:
Stay in the Game - I was visiting with a radio media professional last week who told me advertisers are starting to understand that taking the First Quarter "off" is a self fulfilling prophecy of doom. "I think the recession taught advertisers a lesson", he said. "Those advertisers who stayed in the game and continued to market their goods and services picked up market share from their competition. It used to be that, in our business, I could take a couple of weeks off in January. Today I'm at the office scheduling advertising and filling our radio inventory for January and February. These advertisers have learned that it's now a 12 month season."
Use Video - We are strong believers in video, always have been. Consumers eat it up like crazy and today there are dozens of ways to create and use video content. Studies show that consumers who view video are 1.81 times more likely to purchase than non viewers. And, because of social media your video can be viewed and shared across a wide range of channels. If you are doing email marketing you should also be aware of the fact that when the word "video" is posted in the subject line there is a massive increase in the open rate.
Visual Content Wins - We've said it for years, "Less is More" when it comes to marketing. Consumers don't have the time (or interest) in reading long pages of copy in your print ads, on your website, in your newsletter. Use images as often as possible to drive home the point of your message. And, if you can, use organic visuals rather than stock photos. It shows you have taken the time to tell your story rather than "buying" it.
Stay Connected - You already have a firm client/customer base. Stay connected to them through your blog, newsletter and an occasional hand written note of appreciation. Staying "top of mind" means that you need to stay connected to your best customers.
Start Your Referral Marketing Campaign - I recently wrote about how to get started in referral marketing. Once again, you already have "brand warriors" out there. Now is the time to weaponize them and allow them to help influence consumers who may not know how your product/service can benefit them.
While it may be the first month of the New Year it does not mean you are too late to capture more market share in the First Quarter but...you better get started.
Thanks for reading and for more on business check out our long-form business interviews from Insight on Business the News Hour our Monday - Friday 5:00 PM broadcast.