For many businesses, especially those that have been in business for ten or more years, there sometimes develops a complacency that results in the wrong thinking that you don’t have to do as much or work as hard in getting your name out because everyone knows your name. They know you are here, the same place you have been for the past ten, twenty, or thirty years; right?
The answer to that question is No. Just because you have been in existence for a long time doesn’t automatically get you out of continuing to invest in marketing your business. Yet, we see it every day, businesses that gradually invest less and less into their marketing efforts because they are under the false feeling they don’t have to. The fact is that all markets shift year after year, some statistics say as much as 20% per year. Customers move, they move in and they die so our market changes, all the time. What makes it worse, if they do have a website, it hasn’t been updated, and to make matters worse, no programming has been placed on the website that will help, those searching, find you among the clutter on the world wide web.
Why is a website important? Because over 85% of all businesses are vetted through the use of the internet before they decide to make the call. So, if your website is not current, and doesn’t give the impression that you know what you are doing or that you even care about what the customer searching thinks then you probably won’t get a call.
In addition, what do you know about the customers that are already doing business with you? When did they start doing business with you, what type of service do they use or purchase do they make, and how often? Why do they stay with you? In today’s world, being able to know and understand the profile of your customers is a wealth of information in being able to target those customers to do more business, get referrals from them, and know where more customers are like them.
The fact is that while the basic job of brand marketing and positioning your business to be in the top three in brand recognition has not changed nor has the need to continue to invest in marketing; the opportunities to invest have dramatically changed.
We are all being bombarded with messages from all different angles, at home, at the workplace; on our desktops, and on our phones it’s constant. Don’t forget what you had to do to get where you are, build your name recognition, and realize the cost if you stop. It doesn’t have to be expensive but it does have to be consistent.