Friday, April 17, 2009

Be A Fearless Marketer

In December of 2008, I blogged about ways your small business could weather the storm of a slowing economy. Fresh off a presidential election and with renewed hope of a quick (or at least steady) economic turnaround that was sure to accompany a new administration, I never imagined the storm clouds would still be hovering over small businesses in April. Nevertheless, even in extended periods of slow or stalled sales, now is the time to be a fearless marketer while your competitors stay caught out in the rain.
  • Recall how you came into business with your current client roster. Think back – maybe even way back – to how you first attracted your clients. Make a list. How did you make this connection or build this relationship? At ProMoter Inc., many of our clients and contacts came from associations and groups our staff is members of. Armed with this knowledge, we keep our memberships up-to-date and actively participate in committees, boards and meetings.
  • Keep wooing long-time clients. Have you been doing business with the same client for years, maybe even decades? My guess is that you don’t want to lose that client. Sure you’ve built relationships with these clients but business is business. Keep your ideas fresh, your prices competitive and your gratitude apparent. Don’t give them any reason to let their eyes wander.
  • Diversify. Consumers always want more for less. Brainstorm cost effective ways to diversify your current offerings so you can sell deeper into your existing customer base.
  • Rethink business as usual. Many businesses are looking to revamp their tired strategies and mode of operations. What was working most likely isn’t working now. Don’t get left behind clinging to your tired practices. First step, overhaul your marketing plan to insure you are reaching the right audiences with the right messages at the right price.

ProMoter Inc. can help with this step to guarantee you aren’t left in the rain without an umbrella. Give us a call at 502-562-1969 or email at promoter@promoterinc.com to learn what we can do for you!