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Marketing During A Crisis

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It’s a question on the minds of many Chief Marketing officers, marketing executives, and small business owners: “What should we do about marketing in the current COVID-19 crisis? Should we even be marketing?”

To Market Or Not To Market?

As has been said in the wake of past disasters, the answer is yes. The more important question is “How and what should we be marketing”? Marketing is often the first thing to go during a financial crisis – it’s an “easy cut” that doesn’t always have a stark, noticeable impact on the bottom line. (This is why measurement and analytics are so important!) But in difficult times, marketing may be more critical than ever. While it may not drive hot leads today, it will generate warm leads and loyalty for tomorrow when buyers begin to spend money again.

Moving To Socially-Minded Campaigns

Every organization now needs to refocus their marketing approach to be socially-minded. If your company’s previous marketing was all about your brand, it’s time to think differently. True, consumers and businesses may be slowing down buying today, but tomorrow will come and marketers need to be thinking about that in their strategy.

Socially-minded marketing during this crisis is focused on brands being a resource to customers and prospects today. Provide more information, share more insights, give more than you have previously. Consider pricing strategies, reductions, or payment plans that will allow your customers to stay with you during these tough times. Think about how your marketing actions today will build long term loyalty when we all begin to recover and spend again.

What Brands Are Doing It Right?

Take, for example, Planet Fitness. They swiftly conducted a series of smart marketing moves:

  • On March 10, they sent a member newsletter on health and wellness guidelines and best practices for staying clean and healthy during flu season and among “heightened awareness around COVID-19.” (Because none of us yet knew the full implications!)
  • They closed all clubs proactively (not waiting to be forced by government mandates) on Friday, March 20
  • They proactively froze all member accounts, not charging any fees “during this time.” Considering that no one seems to know how long “this time” will last, this is particularly impressive. As long as their clubs remain closed, they will not charge membership fees. Admittedly, this is a difficult decision that affects the bottom line. But they immediately recognized their role in helping to stop the spread of Coronavirus (closing all clubs) and the financial strain that consumers were going to be facing. While the $20 I spend on my monthly membership isn’t going to help pay my mortgage, it does make me loyal to a brand that puts its customers first, and I’ll remember that.
  • Thereafter, they did not send out any other newsletters or promotions until this Monday, March 23. They took their time to think carefully about what to market, how, and when.
  • They are now offering free fitness classes for everyone – branded “Home Work-Ins,” streaming live daily Monday – Friday at 7 p.m., hosted by their trainers and celebrity guests. They require no equipment and are just 20 minutes or less. What a brilliant way to keep current members engaged and appeal to prospective members who a) may have no other workout options and b) have never tried Planet Fitness before and can now get a feel for how they treat their members, how they train, etc. The classes are also available on Facebook and YouTube after each broadcast, allowing fitness buffs to do them on their own time.
  • They quickly updated their website to reflect the new campaign, “United We Move: We’re Bringing The Gym To You.”

Other brands did not move as swiftly or as carefully. They may not have considered just how vital intelligent, socially-minded marketing is in a crisis like this. They continued to think only with a promotional viewpoint and not a research-based, customer-first mindset. Sending your regular newsletter with a side note on COVID19 was not enough. Here’s a different tale from Vineyard Vines:

  • On March 13 Vineyard Vines sent a newsletter out encouraging customers to continue shopping in their stores because “they remained open.” A note that the company had stepped up their “already rigorous store cleaning protocols,” was included and that they wanted to be a place of “respite and positivity” during this time. I was surprised that they didn’t instead promote online shopping and encourage people to stay home – both for their employees’ and their customers’ sake.
  • Over the next two days, on March 14 and 15, they continued to send newsletters with regular promotions such as “Spring Print Spotlight,” and “Sale’s on Sale.” They lacked any new thoughts/positioning on why consumers should even think about shopping for Spring weather or vacation clothing during this time of uncertainty and social distancing.
  • Later on March 15, they sent a second newsletter of the day stating their stores would be closed through March 27. They did announce that they would be paying employees for any previously scheduled shifts and that their website would remain open. Still, there was no real positioning on what they were doing to help employees for the long term, why customers should consider continuing to spend money with them, or to connect their tagline, “Every Day Should Feel This Good” to what customers could do to stay positive and “feel good” during such a time. I consider that a lost opportunity. They could have shared ideas for staying positive, being resilient, keeping entertained, etc. that tied to “feeling good.”

The next day, they were back to their regularly scheduled “40 percent off” newsletters.

Finally, Monday of this week, they started to tie it in, offering “the most comfortable work from home styles,” and a new hashtag, “whaleathome,” accompanied by a website featuring “Tales of the Good Life from our friends, activities and inspiration for whale-you’re-at-home, and more to give you a brief escape from these uncertain times.” They began promoting images of people wearing and using their products at home and they tied in “We hope this reminds you that Every Day Should Feel This Good.”

Two Different Approaches

Of course, I acknowledge that every brand is different, and not all have something to offer that can tie into the social distancing and isolation we are all currently faced with today. However, this shows the difference between the two marketing strategies and approaches:

  1. A fast-moving, research-based, customer-first vs. sales first, resourceful and socially-minded campaign that will build long term customer loyalty
  2. A sales-first, slightly oblivious, self-absorbed campaign that barely acknowledged a new reality for the entire globe for over a week

In times of crisis, marketing is essential, but it changes. Swift moves backed by critical thinking, and research are vital. Crisis experts should be consulted, and it’s better to halt promotions until you have a clear strategy in place. Keep this in mind as you continue to navigate the murky waters we are all swimming in today, with no definitive end in sight. How will you connect with and help your customers during this time? Stop thinking sales-first for now, and start building loyalty-based campaigns that will help both you and your customers when we reach the recovery phase.

What brands have you seen doing a good job marketing during this crisis?

What’s Wrong With My Marketing?

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In the day and age of social media and digital communications, nearly everyone fancies themselves a marketer. And I suppose that in some ways, everyone is – we’re marketing our personal brands: our roles as parents, leaders, authorities and whatever else is hot at the moment. We share our company’s marketing content across social networks. We chime in with something cool we saw on YouTube and suggest our company do something similar.

But not all marketing is created equal. While something may work for an Instagram influencer, it likely won’t have the same success for a B2B company, for example. Yet, here are five things to check in your marketing that can apply to just about any brand:

  1. You’re too self-centered. Social media has brought out the narcissist in a lot of us, but that doesn’t mean focusing on just your company and products will engage an audience. Sure, it may work for Kim Kardashian, but it’s not likely to work for your security product in the same way unless you intersperse other helpful and informative information in between your company and product updates. Your content needs to be about your audience and their needs and wants, not just about you. In addition, you can no longer expect your audience to come to your properties – you have to reach out where they are, across multiple networks.
  2. You lack visuals. Even a B2B brand can and should be using imagery in their social media. Tools like Canva make it very easy to create unique, branded images.
  3. You haven’t jumped on the video bandwagon. Hubspot reports that 72% of customers would rather learn about a product or service by way of video and that 88% of video marketers report that video gives them a positive ROI. Video can be simple and inexpensive – anything from your CEO speaking to a smartphone camera, to product or program overviews, man-on-the-street videos interviewing people at a conference, or more complex pieces like explainer videos. People tend to engage with and share videos more than text-only content, so it’s a crucial component to smart marketing.
  4. You’re not involving your customers. I’m sure what you have to say is very interesting, but third parties are always more credible, especially if they’re your customers. People want to hear from people like themselves, which is why social media influencers are so popular now. I like how Ted Rubin recently described influencers as possessing “the unique skills necessary to create a community and a willingness to serve the community they build.” (Read: not necessary celebs.) And, brand trust is a fickle thing. However, people tend to trust friends and even a friend’s network who they don’t personally know or, heck, other reviewers (even strangers) on Yelp or Trip Advisor – more than they trust brands. Get your fans talking and sharing for you!
  5. You’re not analyzing. It still surprises me when I speak to prospects who are not measuring their marketing or PR in any form. Marketing well is not inexpensive, so don’t you want to know your ROI? We worked with three new clients this last year that didn’t have anything set up – not even Google Analytics. Reviewing your analytics on Facebook or Linkedin isn’t enough – you must track ROI around what matters most to the brand, such as purchase intent and sales – not likes and follows.  And, the numbers don’t mean much if you’re not analyzing what is happening behind them. Where are your fans and followers finding you? How long are they staying? Where do they prefer to engage and in what way? What’s their buyer journey look like? What content is really driving prospects to the top of the funnel? What content is working with which audience? These are all elements that will supercharge your marketing and differentiate you as a true marketer.

Following these five basic guidelines can help you stand out as a marketer and continually get better. Just like the phone, social media channels don’t make everyone a good communicator just because they have access. It takes strategy, thoughtful presence, and consistency to do marketing right.


Put Some Spring Into Your Marketing

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Happy Spring! It’s hard to believe we’re already rounding the corner to Q2. Here are a few quick tips to breathe new growth into your marketing:

1) LISTEN to your customers – what value are they seeing? What else could you offer to them? What do they need in 2019?

2) ENGAGE – beyond promotion of your own content, how is your brand talking with – not just at – key audiences?

3) EDUCATE – certainly your team has a wide array of knowledge across a variety of business or industry topics. Share resourceful content with your audience that educates or helps them – vs just sharing your own branded content about your business.

4) ANALYZE – measure what’s worked well in Q1 so far. Are your images and messaging aligned? Do traffic and leads indicate your marketing content is working? Has the buyer’s journey changed at all? Pivot accordingly.

Join Us: Digital Marketing & Tech Summit

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On March 28, our CEO, Christine Perkett, will be speaking at the Cape & Plymouth Business Digital Marketing & Tech Summit – a great event on Cape Cod focused on helping businesses run more efficiently and reach new customers across different marketing channels. Get the solutions and real-world strategies you need to choose the right technology platforms and control what digital platforms make the most sense for your digital marketing programs.

This is the event’s fourth year and is sure to be another great one, sending attendees away with actionable tips for improving digital marketing strategy and execution. What would you like to learn?

We hope to see you there!

Effective Executive: David Baeza, CMO of Apperian

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We are delighted to share another interview in our “Effective Executives” series. This week’s interview is with David Baeza, Chief Marketing Officer at Apperian. David is well known as the founder of several private and one public tech company. He’s the former VP of Global Demand Gen for Citrix Online, makers of GoToMeeting and GoToMyPC. He regularly blogs about marketing and social media, contributing blogger at workshifting.com, producer of online mobility conferences, and speaks on the topic of media and brand positioning. He is also the Advisor to TreeHouse and TwitterKids.

You have a very dynamic background including roles as CEO, VP, Advisor and CMO. Which role fits you best and why?

What most people don’t know is that while I was CEO of a public company, I was also officially the CMO. I have never been able to let go of marketing, so to be perfectly honest with myself, the role that fits me best is CMO. I love all aspects of marketing, but disruptive positioning, design and content creation are closest to my heart. The real role of the CMO is that of a story teller. We tell stories through content. We make promises of what could be. However, CMOs are only as good as the products and services they market. The price of entry is an amazing product. Great CMOs don’t get behind products they don’t deeply believe in. If they do, it is all but guaranteed your marketing is going to fail.

When did you spark an interest in working in the technology field?

It was less of an interest, and more of an accident. After grad school I landed at a small financial consulting firm in L.A. Our clients were in the telecom business. I joined one of our clients to manage sales. That client was a technology provider to the large telephone carriers. I never looked back. Fast forward to 1998 and I launched the first national ISP to compete with AOL. Damn that was fun! During that time, I launched a television campaign called saygoodbyetoaol.com. We figured out that people would switch from AOL if they could keep their AIM account. So that’s exactly what we advertised. Yes, we got sued. A lot. In the end, it really worked. Since then, I’ve launched a few tech companies, and had the opportunity to work at some amazing tech brands. I am certain that there is no other industry that is as sexy as technology. My job is to make it even sexier.

What do you love about your role as CMO?

It’s the only profession that you’re paid to break all the rules. At best, “best practices” in marketing are directional. For example, I was reading a survey from Sirius Decisions about marketing to the CIO. Last on the list as an effective tactic was newsletters. I thought, Wow! What an amazing opportunity to reinvent the newsletter. What if I simply blew up the standard, boring newsletter template and created an amazing digital experience ? Think Flipboard for the CIO. A completely immersive piece of content. I get excited just thinking about it! That’s the reason I love what I do.

You are a lead organizer for Twestival, benefiting Charity:Water and Concern Worldwide. Can you tell us a little bit about your role and about the event?

Twestival is a global event that takes place on a single day to benefit one charitable organization. It uses crowd sourcing and volunteers to organize in person meetups for the benefit of the charity. The founder of Twestival, Amanda Rose, has taken that formula and teamed up with Jamie Oliver to produce FoodRevolutionDay.com to educate and highlight the world’s food issues. My role at Twestival was that of a sponsor and fund raiser. I managed the Santa Barbara Twestival, both online and meetup. I think that any company of any size should always strive to have charity as part of their DNA, even if the company is not profitable. By starting early, even if it’s just donating your company’s time and resources, it builds a foundation of character and giving. That ultimately results in a broader perspective of the world. Recently, we created a living art project in Spain at Mobile World Congress for the benefit of Global Hope International Network. The impact far exceeded our expectations. An artist from Misfit flew to Spain and created a living art project – which means that she painted live during the exhibit and finished the project on the last day. People came up and were given the opportunity to paint different portions of the art. Each time someone painted, Apperian donated $50 to Global Hope. In the process, we created an amazing exhibition, had insane engagement from attendees, and raised a lot of money.

Besides technology and branding, what else are you passionate about?

Family. I know that sounds boring but I’m deeply committed and believe in family first. I’m married, and I have two little girls, 6 and 8 years old, and they are my life. I instill family first in my team. I don’t value them based on butt-in-seat time. I care about their results and I insist that they have a well rounded life. I am not impressed by people that work 10 -12 hours per day. In fact, I have the opposite reaction. I tend to think, “What’s wrong?” Are they inefficient? We have amazing tools that allow us to workshift from anywhere in the world. There is simply no excuse for not having a balanced life. Don’t get me wrong, it’s 10pm as I’m writing this from Boston, and I live in California. I do what needs to be done, but I have boundaries. My family needs my time more then they need the money I earn. I don’t let anything stand in the way of them.

How do you define “innovation”?

If a company ever declares innovation is a strategic imperative, it’s the beginning of the end. Innovation is a cultural paradigm. It starts with an intense desire to explore, challenge and break things. Yes, break things. It can’t be contained to a budget item on a spreadsheet. Innovators come in all sizes and shapes. It comes from all aspects of company, not just engineering. It comes from customer service, interns, lawyers, accountants…it’s everywhere. Great companies seek it out and wrap their arms around it. They encourage idea generation, transparency, and failure. If companies let their people fail, without fear of consequence, the speed of innovation is absolutely staggering.

What is next for you in 2012?

Since 2012 is almost halfway over, it’s about execution. We have some great products that we are about to ship. It’s about narrowing the scope of opportunity and focusing on those things that have the greatest impact. I’m also trying to figure out new extensions of content. By that I mean things like Pinterest and Instagram. I’m also thinking about new formats for video, online seminars, and more. On a personal level, I’m going to be speaking at more conferences about marketing. I love to speak, but I hate to travel. That’s like saying I love to eat, but I hate food. The two things go hand in hand. I have a personal blog I’ve been threatening to launch for a year, so I intend to get that out as well. I also love wine. I was dabbling with a wine blog but I put it on the shelf because it took too much time away from my family. I’m planning to travel to Europe in July to do some serious brand disruption and to attend my first Shakespeare play. It sounds crazy, but I think Shakespeare is going to have a significant impact on my marketing in 2013. I feel inspired by his work, and that always leads to great ideas.

 

 

 

Systems Thinking & the Unintended Long Term Consequences of Slashing Your Marketing Budget Now

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“If I was down to my last dollar, I’d spend it on public relations.”
– Bill Gates

I’ve been learning about Systems Thinking lately and I believe it applies to our blog post on Tuesday about why PR and marketing budgets should NOT be cut in a down economy (and of course, why our PR Stimulus offer can help!)

The basic belief behind Systems Thinking is that doing the most obvious thing is not always – in fact, rarely – the best thing to do. Problems are a result of multiple, integrated issues, not just one component. Few business leaders take the time – or understand how – to identify the events, trends and causes that lead to a problem or that should be considered in a solution (a “causal loop”). So often the “fixes” that business leaders apply to problems fail and rather create a temporary solution for today that lead to more problems tomorrow.

I would say that applies to pulling PR and marketing as one of the first cost cutting measures. If no one knows about you and your company, no one buys, if no one buys, well – you get the picture – it’s a related loop. Shouldn’t marketing continue to be a priority for businesses in a down economy…. shouldn’t PR be one of the last things to go? I’d be interested in how systems thinking experts would analyze this situation, given that systems thinking is supposed to help organizations that want to develop and sustain competitive advantage. Just as your competitors are going quiet, don’t you want to grab this opportunity to fill the void? If you put PR and marketing on hold now, you could spend even more money in the future trying to completely “relaunch” from a marketing perspective.

The noise is quieting down as your competitors are hunkering down – work with experts (PR agency, social media expert, marketing consultant – whatever is best for your business) to ensure that your marketing is smart, nimble, focused and effective. Take advantage of the opportunity left by others who only see the obvious route – to slash budgets – but haven’t taken the time to think about the long term ramifications and solutions. Look for agencies (yes, like ours) that know “PR 2.0” – the strategies and tools deployed for such can deliver more cost-effective campaigns that still keep awareness at an all time high.

Marketing and promotion in a down economy is a golden opportunity for those who can think dynamically and understand how “today’s decisions can have both intended and unintended consequences – leading to tomorrow’s successes and problems.”