How to Market and Communicate in Tough Economic Times
Remember Nothing Else Communications programs are getting cut.  That’s an opportunity for you, leaving more need for content with all media.
Remember Nothing Else Newsrooms and other media are cutting back.  Again, an opportunity to provide content of all kinds.
Defend your resources: Know your communications ROI Conduct a communications metrics audit Get all of the reports you can: Web traffic/Google Analytics  YouTube Reports Earned Media
Prioritize the top producers Make wise decisions if you have to pare back.  If you can’t figure out if an activity, ad campaign, etc., is effective, consider it on the chopping block.
Five reasons to keep PR going PR is credible – key in a recession Myriad of techniques – important flexibility PR enables us to do more with less
Five reasons to keep PR going 4. PR professionals are more valuable to journalists during a downturn 5. PR is measurable
Don’t pull out! Fight for your resources. If you stop, the awareness  starts diminishing the day you stop.
Listen before you cut Form a cost-reduction task force. Ask those in the trenches.  They know where the fat is.
Low-Cost Tactics Invest in online, less expensive and  easier to measure ROI. Try online events rather than in-person  events. Online continuing education for staff.
Low-Cost Tactics Test social media sites for some  audiences:  FaceBook and YouTube  make the 30 sec. ad less expensive. Gravitate what communication you can  to e-mail, e-news, Web site  applications.
Low-Cost Tactics Look for strategic placement when your  advertising dollars are stretched and  reduce frequency.
Employee communication Don't be shy about talking  with your employees. Most good employees want to  know how the business is doing  and how they can help.
Whatever you do…. Be authentic Be consistent In this uncertain time, the public --and your employees--  want to hear from you.
There are opportunities! Crisis  =  Danger + Opportunity
Addl. Resources: Marketing in Tough Economic Times: Four Columns Published in Northern Nevada Business Weekly @ http://www.o-apr.com/archive

3CMA Presentation at Lake Tahoe

  • 1.
    How to Marketand Communicate in Tough Economic Times
  • 2.
    Remember Nothing ElseCommunications programs are getting cut. That’s an opportunity for you, leaving more need for content with all media.
  • 3.
    Remember Nothing ElseNewsrooms and other media are cutting back. Again, an opportunity to provide content of all kinds.
  • 4.
    Defend your resources:Know your communications ROI Conduct a communications metrics audit Get all of the reports you can: Web traffic/Google Analytics YouTube Reports Earned Media
  • 5.
    Prioritize the topproducers Make wise decisions if you have to pare back. If you can’t figure out if an activity, ad campaign, etc., is effective, consider it on the chopping block.
  • 6.
    Five reasons tokeep PR going PR is credible – key in a recession Myriad of techniques – important flexibility PR enables us to do more with less
  • 7.
    Five reasons tokeep PR going 4. PR professionals are more valuable to journalists during a downturn 5. PR is measurable
  • 8.
    Don’t pull out!Fight for your resources. If you stop, the awareness starts diminishing the day you stop.
  • 9.
    Listen before youcut Form a cost-reduction task force. Ask those in the trenches. They know where the fat is.
  • 10.
    Low-Cost Tactics Investin online, less expensive and easier to measure ROI. Try online events rather than in-person events. Online continuing education for staff.
  • 11.
    Low-Cost Tactics Testsocial media sites for some audiences: FaceBook and YouTube make the 30 sec. ad less expensive. Gravitate what communication you can to e-mail, e-news, Web site applications.
  • 12.
    Low-Cost Tactics Lookfor strategic placement when your advertising dollars are stretched and reduce frequency.
  • 13.
    Employee communication Don'tbe shy about talking with your employees. Most good employees want to know how the business is doing and how they can help.
  • 14.
    Whatever you do….Be authentic Be consistent In this uncertain time, the public --and your employees-- want to hear from you.
  • 15.
    There are opportunities!Crisis = Danger + Opportunity
  • 16.
    Addl. Resources: Marketingin Tough Economic Times: Four Columns Published in Northern Nevada Business Weekly @ http://www.o-apr.com/archive

Editor's Notes

  • #2 Olsen & Associates govt. experience: Truckee Meadows Water Authority Brownfields/EPA City of Reno—Roads and Watershed Regional Transportation Commission Covering today: defending your budget, some thoughts and justifications if you have to cut and , some low-cost tactics If you are serving your community, you must find ways to keep communicating, especially now F