Marketing is a business necessity, but should marketing be done during times of crisis? And if so, how?
This blog will provide you with a few ideas and Do’s and Don’ts to consider.
1. Marketing During Times of Crisis
OVERVIEW
Marketing is a business necessity, but should marketing be done during times of crisis?
And if so, how?
This blog will provide you with a few ideas and Do’s and Don’ts to consider.
MARKETING – A MODERN NECESSITY
Businesses today rely on marketing to drive their sales engines. As such, marketing has
become a necessity. Marketing is used to drive both awareness and engagement for
products and services, as well as provide customers with information. If it is effective, it
will also lead to new sales opportunities.
However, in times of crisis, such as the current global COVID-19 pandemic, is
marketing really necessary? Should businesses continue doing business as usual? Or
should they use this time for other actions?
I contend that many businesses are misusing this time right now, as they misunderstand
what they should actually be doing.
So to help, here are a few Marketing Do’s and Don’ts to consider:
2. MARKETING DO’S and DON’TS
DO’S
As this is effectively a mandatory break that affects all businesses, use this time
productively
o Re-evaluate priorities for the rest of the year
o Review your current messaging, positioning, value prop, sales
enablement, etc.
o Review program and campaign metrics to see what is working and what
isn’t; make changes as needed
o Review current Go-To-Market activities and channels
o Review whether what you are doing to engage with customers is working
or not
o Etc.
Do the competitive/market/product research that you’ve been putting off
Evaluate and rank vendors and partners you’ve been using
Review the rest of your yearly plan, revise or replace it if necessary
If you still plan to develop new marketing content, materials, programs and
campaigns, develop ones that provide helpful, relevant information, not product
pitches
o Make this information available to the public for free, not put behind a
paywall or require people to provide their contact information so that you
can add them to your leads list
o Your company will be remembered much more positively by being helpful
than it will by offering discounted pricing and special deals
DON’TS
Don’t ignore or downplay the severity of the crisis
o Everyone knows it is there, ignoring or downplaying it only makes your
business seem out of touch
Don’t create new messages saying “we’re all in this together”, or “here’s how our
product can help you during this crisis” or other similar messages
o Everyone knows these things, as everyone is in the same situation
Don’t develop and publicize “special crisis pricing” or “special deals”
Don’t spam people’s inboxes and cell phones
o It will only annoy people and create a bad impression of your company
and/or product
Don’t listen to the so-called “experts” who exhort you to use this time to “really
get aggressive and get in front of your customer”
o The truth is, your customers are businesses and people and they are
focusing on other things right now, so anything you to do “get in front of
them” is actually irritating and counterproductive