management
Five Strategies to Help You Succeed in Business During the COVID-19 Crisis
Shama Hyder is the founder and CEO of Zen Media. She has been named the "Zen Master of Marketing" by Entrepreneur Magazine and the "Millennial Master of the Universe" by FastCompany.com. Forbes, Businessweek, and Inc. have all recognized her as one of the Top 30 under 30 entrepreneurs in the field of marketing. Hyder has built a global audience and has built a global audience and is known for helping brands succeed in the digital age. She is a bestselling author, an international keynote speaker, and has been named one of LinkedIn's Top 10 Voices in Marketing for four years.
1. Sharpen your brand. You have a captive audience, and people are bombarded. Make sure your creative, copy, messaging, and calls to actions are airtight. The market will trust leaders – and not just those who are leaders, but those who are perceived as market leaders. Get the difference? 2. Look for media buying opportunities. This is what happens during a recession. Huge conglomerates and fear-based venture-capital backed companies pull back. Competitors start to make mad decisions based on fear. Suddenly, market opportunities that you couldn't have before start to pop-up. Juicy marketing opportunities that you could never get your hands on now become available. Please, take advantage. 3. Market recognition equals market share. If I could scream something from the rooftops, it would be this. There is a very captive audience right now, and they need solutions. They want trusted sources. It now costs far less to establish yourself as the go-to brand than it ever has before – even if you have mega competitors (see above). Yes, buying cycles will get longer. But what you invest now in building trust and visibility will pay dividends down the road. 4. Sales and marketing need to be best friends. Marketing has to provide cover for sales – no ifs and buts about it. Demand gen must work with lead gen, and right now the only way to make sure the company is getting marketing qualified leads (MQLs) and sales qualified leads (SQLs) is for everyone to work together. 5. Resist the urge to "hard sell." There's a time to sow and a time to reap. This is the time to sow. You can reap as well, but do it by attracting, engaging, and clearly being the go-to solution in your industry. Pushing harder right now without a strategy will backfire. E
|
|
|
||||||||||||||||||||||||||||
TOPICS Measurement & Budgeting Planning & Execution Marketing & Promotion Events & Venues Personal & Career Exhibits & Experiences International Exhibiting Resources for Rookies Research & Resources |
MAGAZINE Subscribe Today! Renew Subscription Update Address Digital Downloads Newsletters Advertise |
FIND IT Exhibit & Display Producers Products & Services All Companies Get Listed |
EXHIBITORLIVE Sessions Certification Exhibit Hall Exhibit at the Show Registration |
ETRAK Sessions Certification F.A.Q. Registration |
EDUCATION WEEK Overview Sessions Hotel Registration |
CERTIFICATION The Program Steps to Certification Faculty and Staff Enroll in CTSM Submit Quiz Answers My CTSM |
AWARDS Sizzle Awards Exhibit Design Awards Portable/Modular Awards Corporate Event Awards Centers of Excellence |
NEWS Associations/Press Awards Company News International New Products People Shows & Events Venues & Destinations EXHIBITOR News |
||||||||||||||||||||
|