We’re here to offer a bit of what we hope is reassuring advice: instead of feeling panicked, look upon this time as an opportunity to slow down and focus on strategic marketing tactics that will keep your business moving rather than at a deer-in-headlights-style standstill.
There is some benefit to essentially being forced to reevaluate your marketing strategy to adjust to a new normal. It’s something most marketers have never done except of their own volition, and even then, decisions and actions have been based on a known way of life that includes in-person interactions.
The principals of strategic marketing during COVID-19 remain the same as before: reach your audience in the right way at the right time.
What has changed is the way you go about administering that strategic marketing. How can you accomplish your marketing goals but do it in a way that works in a COVID-19 world?
Once the spread of COVID-19 made it clear that “business as usual” would be anything but usual, companies had two options: completely turn off marketing efforts to avoid sending the wrong message during a challenging time, or, adapt.
Walmart chose to adapt. They quickly released a television ad celebrating the “retail heroes” responsible for keeping things moving during the pandemic. It was poignant, well-timed, and smart – able to promote their business in a subtle way (we’re here for you) while tugging the heartstrings of retail employees and consumers alike.
Of course, strategy has always been part of marketing. COVID-19 has simply forced B2B and B2C marketers to be strategic in a different kind of way.
In a world that is inundated with advertising and brand messaging, we would argue that going dark during this time is, quite simply, a bad marketing strategy.
In March, global communications company Edelman conducted an international survey to measure brand trust during a pandemic.
Overall, respondents felt brands were integral to addressing major challenges of the pandemic, like employee protection, product availability and pricing, and fostering a sense of community. The survey found that 55% of the 12,000 respondents believed brands to be responding better to the pandemic than their governments.
The most telling takeaway was the 71% of respondents who said they would break ties with any brand perceived as putting profits before people. This is a salient point for all marketers during this time – one that has been likened to walking a tightrope.
Your business can be on the right side of the tightrope by remaining strategic and thoughtful in your marketing during COVID-19. Your marketing won’t look the same, but it will go further with your audience and maintain the brand loyalty you fought hard to establish in the first place.
Here are some broad tactics to follow when developing your marketing strategy as the pandemic continues:
These approaches are different from your normal marketing strategies, and you can certainly continue marketing as long as it is considerate of the current global landscape and your customers’ individual needs.
For B2B companies, the pandemic is having a different impact on marketing decisions, largely driven by the shift in B2B buyer behaviors as many businesses have been forced to rethink their budgets and spending in light of the economy’s recessive activity.
Some companies, such as technology and software manufacturers or providers, are buying because of the boom in remote work and society’s sudden overwhelming reliance on digital communications. The pandemic has also bolstered business at healthcare and pharmaceutical companies as demands for these products and services has skyrocketed.
Other companies selling less essential products or services, however, are more focused on simply weathering the storm. COVID-19 has forced many B2B buyers to cut spending and trim budgets in deference to preventing layoffs and financial losses or simply avoiding having to shutter their business.
As B2B buyer behaviors shift during this time, B2B marketers must also make adjustments to remain valuable and understanding of customer needs.
Here are some tactics for B2B marketers during COVID-19:
The marketing strategies you enact during COVID-19 will set the tone for your company’s success in the long run. This isn’t just a temporary solution, but a chance to rethink your marketing strategy in a way that will benefit your business in the future when things have become more normalized.
Long-term thinking will not only prevent you from making bad marketing decisions during the pandemic but will help shape your marketing going forward.
And long-term thinking never harmed a business.
If you’d like help developing strategies for your B2B marketing during COVID-19 that will pay dividends into the future, contact us today.
The fast-moving trajectory of the Coronavirus throughout the world is having a significant and continuing impact on businesses, forcing many to strengthen their digital marketing strategy during COVID-19.
Since the spread of the virus began, we at Fishnet have had a unique perspective on the implications for any businesses’ digital marketing strategy during COVID-19. Most noticeably is how the virus has shifted consumer perceptions, behaviors, and habits, putting far more at stake for businesses than just a change to working remotely.
Depending on your industry (because there are winners and losers of the Coronavirus outbreak) there can be significant impacts.
When consumers change their focus – and especially when there is a fear component at play – web traffic, leads, and sales can go down. Ads can become less effective as people reserve their time and money for things deemed more pressing. Strategic content may attract fewer eyeballs as people invest their attention in other areas.
Another more abrupt implication of the COVID-19 crisis has been the cancellation of trade shows, conferences, and festivals large and small worldwide. While many organizers were able to convert their planned event into a digital experience, such as holding panels, presentations, breakout sessions, and discussion forums online, many were simply not set up for that type of functionality, and millions in anticipated revenue were never realized.
But Don’t Despair – There is a Solution!
The COVID-19 ripple effect will be felt whether you’re a B2B, B2C or DTC company; however, whether your topmost concern is event coordination, keeping your audience engaged, or just generally keeping your business afloat – or all three – a big part of the solution is your digital marketing strategy during COVID-19.
And we’re not just talking about advertising and content optimization. When the opportunity to be face-to-face with your team, your customers, or your prospects is no longer possible, digital tools and solutions can be excellent stand-ins for all kinds of in-person activities and business functions.
Your company also likely has extra budget from travel plans or events that have since been canceled, and now is the perfect time to reallocate those monies toward digital efforts that can salvage some of those interactions rather than yield zero activity or results.
Start with Internal and External Digital Collaboration
By now, your company is likely into its second or even third week of remote working.
If you’re not yet leveraging a remote collaboration tool like Microsoft Teams, Slack, or Zoom for internal or external meetings, you should be. The first thing you should do is get your company set up for virtual workflows.
But you can’t stop there. Weathering the COVID-19 crisis from a business perspective is about more than remote meeting tools. Your audience is still out there, and the question now has become: how can you continue reaching them with the right message during this very different time?
Digital Solutions That May Not be on Your Radar – But Should Be
Now that reality has set in that no live gatherings, happy hours, in-person networking events, or business meetings can be held in the near future, it’s time to consider your options to keep the lights on for you, your audience, and your prospective customers and clients.
To get people together, even when you can’t physically be in the same place, marketers are turning to live or recorded online options to make it happen.
In addition to live or recorded online interactions, there are additional ways to leverage digital tactics, and if you’re not updating or taking advantage of these yet, now is the time to do so.
Implementing these tactics can be a game-changer for your business and digital marketing strategy during COVID-19, and making it happen is as easy as partnering with a digital marketing agency.
However, before launching these digital marketing tactics, make sure you’ve gotten a handle on the thing that’s going to drive audience engagement in the first place – your audience.
Now, More Than Ever, You Need to Understand Your Audience
In order to deliver digital content your audience will want to engage with, your company has to have an understanding of what will resonate with them. What are they doing online? What are their pain points? Have they interacted with your website before, and if so, in what way?
The more purposeful you can be in your digital content production, the better the results will be from enhancing your digital efforts. With every company looking for ways to captivate at-home audiences in this distracting and stressful time, you’ll get the best outcome from understanding your audience first.
And while it might seem like the COVID-19 crisis is dominating every piece of content we come in contact with, you can still connect with your audience. The pandemic is simply changing the way we engage with each other and do business.
Hopefully, in not too much time, the Coronavirus will pass and we’ll all be able to reclaim the normalcy in our lives again. Until that happens, we all need to make adjustments to deal with the challenges to business operations in all areas.
Because we are a digital marketing agency, we not only have extensive experience with a wide repertoire of the digital technology tools and solutions that can help your business successfully leverage your digital channels, but we’re ready to do so. Whether it’s because of a pandemic or because of a need to generally reposition your business, we’re able to jump in and help optimize your operations – no matter the industry you’re in.
And none of these digital tactics become irrelevant during normal business operations. Implementing them now will only mean you’ll be in a better position from a digital standpoint after this COVID-19 crisis passes.
Contact us today to discuss what could help your business during this time, and beyond.
We’re excited to announce that four of our clients, Appleton Partners, Peloton Advisory, Polte, and MIT, each received an AVA Digital Award for new websites we designed, developed, and launched in 2019.
Each website reflects the unique differentiators these companies bring to their markets and elevates their brand aesthetic with a fresh, next-generation look, feel, and functionality.
We’re thrilled to be working with these amazing clients and proud to have provided them with award-winning website experiences.
Appleton Partners: Platinum Award
Appleton Partners provides personalized financial planning for clients and was looking for a website that reflected their growth and capabilities while remaining true to the company’s long heritage and valued reputation.
Peloton Advisory: Platinum Award
Peloton Advisory provides M&A services for privately-held businesses and was looking for a website that would help differentiate them from similar companies, but that would also communicate their unique client service and approach.
Polte: Gold Award
Polte is a first-of-its-kind IoT location provider whose technology is uniquely able to track location indoors and outdoors using 4G and 5G cellular networks and cloud computing. They were looking for a website that would clearly communicate the advantage their technology offers and how it’s being leveraged today.
MIT AI & The Future of Work Congress: Honorable Mention
The Massachusetts Institute of Technology’s AI and the Future of Work Congress gathers academics, business leaders, entrepreneurs, education and labor leaders, and policymakers to discuss the impact and future trends of technological disruption. They were looking for a fresh new website that would convey the collaborative feel of the event, as well as the technology that’s driving it.
Congratulations to our award-winning clients! If you’d like to discuss a new website or digital project that could earn your business an award, contact us today!
When mapping out content and other touchpoints to serve the digital customer journey, one of the biggest mistakes marketers can make is thinking that their audience approaches their buying decisions as a linear series of actions.
The traditional, high-level customer journey progression adhered to by marketers looks something like this:
While this diagram is a great guide for how certain types of content can drive forward action as customers become more interested and educated, it can also lull us into a false sense of security that we understand how our customers are making decisions; i.e., first this, then this, then this.
Customers come into contact with a host of digital touchpoints, many of which aren’t controlled by the brand itself. Customers find information through Google search, ads, social media platforms, product reviews, blogs, industry publications, and product or company websites.
Therefore, customer journeys can actually look a lot more like this:
This digital customer journey contains 35 touchpoints using a combination of desktop and mobile to navigate the journey.
The customer is still enjoying forward momentum, but it’s happening much more slowly.
What this graph proves is that the digital customer journey is complex, and if brands want to reach the customer and track their behavior effectively, several actions are necessary:
Content, broadly, is an integral component of any digital customer journey. Content applies to website copy, blog posts, social media posts, resources like eBooks and whitepapers, guest posts you publish on other sites, and advertising, to name a few.
Because there are many ways to access content during the digital customer journey, it’s important to have several pieces of content available across multiple touchpoints. However, before you start writing, a few simple questions can help direct what type of content would be most advantageous based on your customers’ behavior:
If the answer is mobile, make sure your content is mobile-friendly – and we don’t just mean responsive. Consumers using mobile will appreciate short, quick, informative content that doesn’t require a lot of time or attention; i.e., product reviews, videos, or product comparisons. Chances are, your audience is using a mix of desktop and mobile, so you should look to provide multiple types of content that appeal to both.
Knowing where your customers are making buying decisions is valuable information you can use to justify where you choose to put content and how you reach out to customers. For example, if you determine many purchases are occurring through your website, you can begin placing content at other touchpoints that drive to the website, and you can reevaluate your eCommerce experience to ensure it’s doing the best it can for the customer and for your business.
Wherever customers are coming from, if you know their path, you can place content strategically to influence buying decisions or get them to take the next step. Think ads on similar websites, calls-to-action on your blog or web pages – the more you know about your audience, the easier it is to guide their journey with purposeful content.
Because consumers are using multiple devices as they proceed along the buyer journey, it’s important for brands to track and respond to these activities. Marketing and retargeting tactics may work to an extent, but there are other considerations that will only boost your brand’s ability to convert.
We know content is important and thusly is assigned to the phases of the high-level customer journey that make the most sense for the customer. However, along the path from awareness, to consideration, to decision, your potential buyers are taking a lot of different steps involving many touchpoints. Brands should focus on the digital customer journey and also consider how offline activities can influence that journey as well. Print advertising, radio spots, mailers, leave-behinds, and other offline content can drive potential buyers to your website, and can be just as effective and strategic as a series of digital content.
When it comes to the digital customer journey, there are a lot of considerations for brands in terms of how to reach their target audience and get them to take action. But the most important consideration is who your audience really is. Your customer journey strategy can be highly effective if you’re resonating with your target audience and showing them that your brand understands them and what they need.
Without knowledge of who your audience is, your efforts to drive the digital customer journey may not be as effective.
Want to tap into your target audience and understand their digital customer journey so your brand can stand out and win customers? Of course you do! Fishnet can help – contact us today!