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Digital Marketing

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Dealing With Other Brands Copying Your Idea

 

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Define Your Digital Strategy in the Post-COVID and Pre-Holiday Marketplace

OSM in Belleville offers digital marketing strategy to local Quinte businesses.

Define Your Digital Strategy in the Post-COVID and Pre-Holiday Marketplace

Whether you are a brick-and-mortar or online-based business, 2020 has become the year where digital business strategy IS business strategy.

Understanding that your company must go digital is one thing, but mobilizing to make it happen is quite another.

This is where our marketing strategy team at OSM in Belleville comes in.

This blog post will give you a quick-start overview of how to define your digital strategy. Be sure to read all the way to the end for next steps!

 

Digital-Ready Industry Is Set to Reap the Rewards of Lockdown

This may seem like an odd statement to make. In this case, it is odd yet true.

A group of 800 key European decision-makers recently weighed in about the short-term and long-term economic impact of the global shutdown.

Nearly three-quarters of company owners observed that while short-term economic impact has been largely negative, the global lockdown is serving to separate out major players with staying power from all the rest.

Translation?

Companies willing to get creative and find the means to digitize their workforce, workplace and e-commerce marketplace will be the same companies to reap the long-term profits yet to come.

In other words, if you are not already hard at work defining your company's digital strategy, the time to pivot is fast drawing to a close. It is time to decide - digitize for future profitability and business success or get left behind forever.

Contact our digital marketing experts at OSM in Belleville to learn more about the digital opportunities in store for your business! 

 

Digital Life Is Here to Stay - Are You In?

In an analogy that may feel particularly apropos for the long, harsh winter season still to come, business owners that have mobilized for a rapid digital evolution are even now starting to pick up speed - like a snowball that gets bigger and faster as it approaches the finish line.

In contrast, those company owners who feel paralyzed, confused or simply exhausted from their efforts to stick to "business as usual" are slowing down. Some are even grinding to a hard stop.

Not every company will ring loud and clear in the 2021 New Year with open doors and big smiles.

If you are reading this though, this grim prognosis likely does NOT apply to you. You are aware that the impact of the lockdown is not going to be a temporary impact and that you have to learn to pivot and grow with the changes in the market place.

You understand that it is time to recalibrate your business model to flow with the new digitalization of darned near everything we do - from how we live, to how we work, to how we shop.

Speaking of how we shop, have you thought about adding e-commerce options on your website so that your customers can shop online throughout the holidays? Contact our e-commerce experts at OSM for more information on setting this feature up on your own website!

 

Get Speedy - Have FUN!

Fun, you say? How exactly can having to make a fast profitability pivot in an uncertain economy possibly be FUN?

We love the positivity from a recent McKinsey & CO. survey.

Business owners stated that now is the time to get creative - to innovate, to improvise and leap over their competitors to make progress.

If that doesn't sound like fun, we don't know what does!

After years or perhaps decades of struggling through all the usual rounds of red tape and traditional brick-and-mortar rules, regulations and hurdles, the national and global economy is starting to relax. Important barriers are falling away to make room for a digitized market space! 

Everyone, everywhere is beginning to embrace a survival-of-the-fittest mentality, which means if it works, it sticks and it stays.

So, if you have a crazy idea, something that absolutely would not have worked even a short year ago, this is the year to try it.

In fact, there are businesses of all shapes and sizes in all industries that are not just surviving, but doing better than they have ever done before. All because their leaders have embraced the current climate of innovate-to-survive, only to discover they were really innovating to THRIVE.

We believe that you can absolutely do the same with your business! 

 

3 Steps for a Speedy Digital Strategy Pivot

So, here is where you jump in. It is time to pivot, but you don't want to linger If you hesitate, you will start to stress and second-guess.

This is the time to pivot from your gut, not from your head.

These are the three steps you need right now to start that process. If you have any questions regarding these pivoting strategies, contact our marketing team at OSM today! 

1. For every brick-and-mortar process, find the digital version.

While we recognize that it is not possible to repair a furnace or change a tire online, there are many steps leading up to that purchase decision that can be digitized.

In some cases, the entire sales funnel may have a digital equivalent.

2. For maximum innovation, involve your employees at every level.

While remote work is here to stay, it isn't the ideal for every employee. Many employees actually report working harder while feeling increasingly disconnected from customers, peers and superiors.

It's time to reconnect. Invite your employees at every level to the table to talk shop. What your youngest employees lack in historical expertise, they may more than make up for with digital know-how.

When you gather in the full skillset of every employee, you find your best chances for a speedy, successful pivot.

3. Don't tinker - TRANSFORM 

Anyone who has ever gazed at a gadget and longed to take it apart to see how it works will love this step.

You don't want to just tweak or tinker with your current business model. You want to take it apart, lay all the pieces out, extract the parts that are no longer relevant and then build something new and great from the pieces you choose to keep.

THIS is the approach that will potentially turn 2021 into your most profitable year yet.

Are you ready to take the digital leap?

 

Reach Out to Quinte's Digital Strategy Experts

COVID-19 happened this year, but not every business is struggling because of it. We have helped many Quinte and surrounding small businesses digitize in order to streamline overhead and boost profits this year.

We can help you do the same! Contact our digital strategy experts at OSM in Belleville today to get started!

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BRANDING IN THE POST-COVID MARKETPLACE: DO YOU KNOW WHO YOUR CUSTOMERS ARE?

OSM in Belleville offers Marketing advice on how to discover your ideal customer.

Branding in the Post-COVID Marketplace: Do You Know Who Your Customers Are?

The Association of Canadian Advertisers has some interesting things to say about this year's worldwide disruption of typical shopping habits.

Disruption can be a good thing though.

The main problem marketers have faced thus far this year is not the disruption itself, but rather the sheer amount of it.

Customers have been distracted, scared and hesitant to shop in the same old ways.

But what they haven't been, intriguingly enough, is unwilling to shop at all.

In fact, as of this past month, the majority of customers across Canada told a leading independent survey entity that they do not believe their personal finances will be impacted by COVID this fall.

Interesting, right? So if customers are still shopping and plan to keep shopping, the questions you should be asking about the health of your own business become much simpler.

Do you know how your own products or services fit in with the new post-COVID shopping paradigms?

Are you capturing all the sales you could be generating based on how Canadians are shopping post-COVID?

If you are not sure, this post gives you valuable clues to figure it out. Our branding specialists at OSM in Belleville have the marketing expertise you need to learn how to market to the right person at the right time!

 

Can You Identify Your Core Customer Groups or Niche?

According to yet another recent market survey, four distinct customer segments have emerged in the wake of the global pandemic.

It is a worthwhile exercise to consider which of these four group(s) most closely represent your existing customer base and/or your ideal target market.

1. Cut Deep

It is no secret some industries have suffered a catastrophic hit as the whole world screeched to a halt earlier this year. For professionals working in those industries, there has been no choice but to cut back spending at an unprecedented level.

The "cut deep" group represents approximately 27% of the Canadian consumer base and they are not buying anything that doesn't directly relate to keeping the lights on and the rent paid. They care about price, but not about brand.

2. Stay Calm And Carry On

An estimated 25.2% of Canadian customers have opted to do their level best to carry on as usual, even as coronavirus fears have altered how we live our lives at a pretty fundamental level.

These consumers have not experienced significant changes to income or work availability, but can get concerned when they see friends, neighbours or strangers stockpiling essentials. Overall, their spending habits show the least change from previous years.

3. Save And Stockpile

For 35.5% of Canadian customers, they have been spending their post-COVID shopping hours worrying the "stay calm and carry on" folks by stockpiling essentials like toilet paper, hand sanitizer and dry goods.

This group feels fearful in the present, pessimistic about the future and has refocused their shopping accordingly. Groceries are at the top of their weekly shopping list week after week.

4. Hibernate And Spend

For 12.3% of Canadians, their financial resources remain unchanged and may have even increased due to their association with in-demand industries. They have hunkered down at home, but may have even increased their spending as a result of the pandemic.

This interesting customer group prizes brand over price and is the only group to have increased spending across the board, even with discretionary expenses, such as clothing.

Which of these four customer groups best represents your current customers or target market demographics? 

Our branding specialists at OSM in Belleville can help you assess your current target market and learn how to best reach them during COVID. Book a branding consultation with us today and we can get you focused on your niche customer base!

 

How Does Your Brand Meet Your Customers Where They Are Now?

Yet another interesting post-COVID consumer survey highlighted what Canadian consumers say they most care about in the wake of the global pandemic.

Their answers might - or might not - surprise you:

  • Family
  • Friend
  • Neighbours
  • Cities
  • People worldwide
  • Environment
  • Global health

In other words, today's customers want to connect with brands that are taking good care of what matters most to them - their families, friends, their local community, the global community, the environment and the health of people, pets and the planet.

Here, your most important branding task is to identify how your marketing and messaging meets your customers where they are now - not yesterday, not tomorrow, but today. At OSM, we meet our clients’ niche target groups in a digital space. Do you want to learn more about our digital marketing packages, branding discovery sessions or web design?

Contact our qualified marketing team today and let’s build your brand together!

What can you do to show your current customers and your target market that you care deeply about what they care about in the most authentic, empathetic, here-to-stay way?

To get your brainstorming started, we offer these recent examples from some of the successfully pivoting brands we work with here at Online Sales & Marketing in Belleville, Ontario.

Shipton's Heating and Cooling is offering deep discounts on fall furnace maintenance, donations to local food banks, deferred payment terms, high-value health freebies like free air filters and media air cleaners, enhanced contactless service and payment options and a renewed commitment to safe 24/7 emergency HVAC service.

Picton's Golf and Country Club is offering free golf through year-end 2020 with purchase of a 2021 membership, greatly enhanced contactless play options, nearly unlimited play for junior golfers, expanded hours and dynamic pricing for nine-hole games.

Mackay Insurance has instituted new virtual, contact-less connection and payment options and a steady stream of updates to help customers find valuable discounts and premium reductions wherever possible. Their new mobile app now offers secure payment options. Mackay brokers have also been recording heartfelt video messages from their work-from-home offices.

Gravenhurst Plumbing, Heating and Electric has begun offering financing and rebates as well as contactless service options to help customers who need emergency replacement or installation.

 

OSM Can Help Your Brand Pivot During Covid-19

"Not normal" is definitely the new normal for small businesses and entrepreneurs all across Canada this year.

This is both stressful and exciting.

Do you need help with repurposing your products or services to appeal to the core needs of the four post-COVID customer groups you just met?

A splash of extra strategy now can net you enduringly loyal customers later.

 

Get in Touch With Quinte's Marketing Specialists

Contact our marketing specialists online or give us a call at 613-969-0626 to begin building your brand during this COVID-19 season.

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Social Selling in 2020: Are You Missing Out On This Powerful Digital Sales Strategy?

How to use social selling in 2020

Social Selling in 2020

Are You Missing Out On This Powerful Digital Sales Strategy?

If there is one thing 2020 has taught business owners thus far, it is this: social media is no longer just a place people go to be social.

The social platforms of 2020 have become a literal lifeline that keeps us connected in the wake of an unexpected global pandemic.

For individuals, social media is a way to find out if a business is open, what inventory looks like and how to procure the products or services they need.

For businesses, social feeds offer safe contact-less communications, shopping and even payment options for existing and new customers.

This unprecedented online e-commerce landscape has transformed social selling from a trendy marketing concept into a powerhouse practice with a direct impact on your bottom line.

In this timely blog post, learn how social selling can add value to your products and services and enhance the impact of this year's contact-less business model.

 

What Is Social Selling?

The easiest way to understand social selling is to recall the old school business model of the door-to-door salesperson.

You proactively show up for your customer. You start with a warm hello. You shake hands. You have a conversation. You answer questions patiently and only as they come up.

You share information that is interesting, timely and engaging - information your prospective customer wouldn't have even known to inquire about.

Only instead of doing this while standing on the front porch, you are doing this online via your company's social feeds.

Social selling is the direct opposite of now-unpopular tactics like cold-calling and the nameless, faceless online transactional sale.

Social selling is customer-driven, customer-focused and completely devoid of the "hard sell." This is soft selling at its finest and most nuanced.

 

Does Social Selling Work?

Here, we can let the numbers speak for themselves.

Consider this: According to Google, nearly half of all decision-makers are in the same age bracket as the single largest demographic for social media use.

So guess where at least half of your customer prospects are at any given time?

If you just guessed "on social platforms" you are already starting to understand why we are devoting this entire blog post to social selling.

A whopping 90 percent of corporate decision-makers will never even consider responding to an old-fashioned cold call (and if they do, you will have to call at least eight times, on average, before you get a response).

Yuck. Talk about a time-waster.

Look in your wallet right now. Do you have a dollar?

If you spend that dollar on social selling, you just turned it into five dollars. That is the typical impact of investing in social media-based selling strategies instead.

Social selling works.  It works regardless of whether a customer is physically willing or able to visit your brick-and-mortar business.

In fact, even if a customer does choose to order from you locally, chances are high (like 97 percent high) that the customer has visited your social feeds as well as your website first.

 

How Do You Get Started With Social Selling?

If you just thought to yourself, "I have no idea," not to worry. You are in very good company.

The truth is, the vast majority of sales professionals lack the kind of deep-dive understanding of social selling that could achieve the level of return on investment we just described in the previous section.

This is because, as "Outliers" best-selling author Malcolm Gladwell explains, it takes 10,000 hours of study to achieve mastery of a new skill.

And if you just thought to yourself, "10,000 hours?! I don't have 10,000 hours to learn how to do social selling!," then perhaps we can help.

 

Social Selling Quick Start Guide

This quick start guide won't replace those 10,000 hours, but it will at least get you started down the path

P.S. Be sure to read through to the end for an even quicker "QUICK START" into profitable social selling.

1. Choose your primary social platform(s)

Depending on your industry, product or service and customer demographic, this may point you to LinkedIn versus Instagram, Tiktok versus Facebook.

It is fine to select multiple platforms to target. Just make sure you have time and staff to maintain a consistent, responsive presence on each feed.

 

2. Brand consistently

When a prospect visits you online, you want them to know it is really you. Colours, logos, slogan - make sure it all matches up.

 

3. Find and follow industry influencers and "wish list" customers

Think of this part like you are that door-to-door salesperson who shows up and knocks on the door. Only you are doing it online.

(There are lots of tools to help you identify the right folks to follow, by the way.)

 

4. Set your notifications to instant alert so you don't miss a chance to interact

Each feed will allow you to customize your notifications. (HINT: You want all the notifications to be on.)

 

5. Begin posting and sharing relevant, "non-salesy", high-value content

Oddly, this is the part most people still stumble over. Just because you are now connecting with your prospects online doesn't mean you want to start out with your most aggressive sales pitch.

You want to develop trust. Build a relationship. Create rapport. Make new friends....who may in time become new loyal customers and even referral sources.

 

Need Help With Social Selling (And Need it Yesterday)?

We understand that the pandemic has placed many local businesses in the precarious position of having to pivot yesterday.

You don't have to panic. We can help. From social branding to content creation to lead generation and conversion, we've got you covered. Find out about next steps.

 

Get in Touch with Your OSM Team

Here at OSM Online Sales & Marketing, we are open and ready to provide your business with the support you need to stay profitable during the pandemic.

Click here for updated COVID-19 contact options.

 

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