Thursday, December 23, 2010

Time To Gear Up, Not Wind Down!

While I'm all for enjoying the holidays, make sure that you also take some time to think about how you can improve your business in the coming year. Now, I know that for many small business owners, money is tight. Therefore, don't think that the changes you make have to be major costly changes. Quite the contrary; it's actually some small changes that may make the biggest difference. Since, I'm not an expert on all things business but rather marketing, here's a look at a couple marketing-related issues you may want to meditate on during the holidays:

Target Audience - Are you targeting the right audience? Is an audience you're targeting as profitable? What are new target audiences that you can tap or re-direct your business' products / services?

Marketing Dollars - With people holding on to their hard-owned dollars more and more these days, you've got to do everything that you can to stand out. Therefore, it's a good idea to think about how you can plump up your marketing and advertising efforts.

Advertising Media - If you haven't been doing so throughout the year, now is the time to reevaluate how you're allocating your advertising dollars. If you been running a campaign--whether it's print, radio, TV, direct mail, outdoor, environmental, or Internet--it's crucial to determine what's working for you and what's not; don't make drastic changes if you haven't truly given the measures time to prove their worth (or lack thereof). However, if you've been conducting a marketing campaign and profits from it are stagnating, it's time to change!

Your Message - What you say to your clients through your marketing efforts and customer service interactions says a lot about your business. Make sure the message is still right for your company as it is today, or how you hope it to be in the future.

Times are different here in America in this day and age; the economy has changed the playing field quite a bit for small businesses. Therefore, planning and adapting for the times we live in is critical for the survival of your business. So, with that said, do wrap your mind around what will be new for your business in the new year. However, don't think too hard...these holidays only come one a year. Enjoy them!

From the Scribe, Etc. family to yours, we wish you a healthy, prosperous and fun new year!

No comments:

Post a Comment

Your thoughts? Your questions?