3. Marketers across industries are asking themselves
“How do I adjust brand strategy in an economic downturn?”
“Is now a good time to boost ad spend as others hold back?”
“How about social media?”
“Should we shift to reflect new consumer priorities?”
“How can I justify my marketing spend when people are being laid off?”
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6. You have to invest somewhere, and these
are some of the usual suspects
Social media Promotions
$
Advertising Public relations
Sponsorships Guerilla
Websites
Thought
leadership
Events
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7. But you might be overlooking your most
critical asset...
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8. Your employees and their faith in
your brand
Both take a beating in an economic downturn
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10. Your employes are your brand
• What they do and how they do it makes your company’s
promise true or false.
• They instill your company with energy and integrity.
• They make people want to work with you (or not).
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11. It’s easy to make assumptions about
employee loyalty or underestimate their
role in your future success.
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12. But, if your best performers don’t feel
valued and appreciated when times are
tough, they may be the first ones out the
door when the economy turns around.
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13. Now’s the time to re-energize and
reintroduce your employees to your brand
Here are 6 ideas to get you started...
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15. 1. Refocus on the positive
• Share milestones and achievements.
• Recognize people for living up to the brand.
• Showcase your commitment to community
service–especially if it’s getting stronger.
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17. 2. Involve others
On average, the marketing department makes up 6% of an
organizations overall headcount.
– American Marketing Association
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18. 2. Involve others
On average, the marketing department makes up 6% of an
organizations overall headcount.
– American Marketing Association
Now is the time to re-energize the other 94%.
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19. 2. Involve others
See how other departments are creating empathy and appreciation
Some examples:
• Human Resources (offering flexible work arrangements)
• Benefits (new healthy-living programs)
• Learning and Education (more opportunities for growth)
• Diversity (bringing together different perspectives)
• IT (new networking and knowledge-sharing tools)
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21. 3. Create a sense of community
Personal stories are at the heart of every great brand
People are inspired by feeling they are a part of something bigger
than themselves, something that has an important role or mission.
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22. 3. Create a sense of community
Highlight the extraordinary
• Who are the unsung heroes in your company that keep things
humming behind the scenes?
• Has someone gone the extra mile for a client or a colleague?
• Is there an individual who embodies all the best attributes of your
brand in his or her work ethic?
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24. 4. Help ease the pressure
The Harvard Business Review estimates that businesses lose more
than $300 billion annually in stress-related productivity, health care
and absenteeism costs.
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25. 4. Help ease the pressure
The Harvard Business Review estimates that businesses lose more
than $300 billion annually in stress-related productivity, health care
and absenteeism costs.
... And that’s in a normal economy.
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26. 4. Help ease the pressure
What are you doing to avoid economically driven lay-offs?
• Offering flexible hours?
• More time off to be with families?
• Job-sharing?
• Cutting costs in other places?
• Voluntary sabbaticals?
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29. 5. Make the extra effort to connect
Bring transparency to your communication
• Get leadership directly and genuinely involved in sharing
what’s happening in your organization.
• Don’t sugarcoat difficult messages. Straight talk sends a
message that you trust someone.
• Ask for your employees’ input.
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30. 5. Make the extra effort to connect
Spend time with people in different departments
60 minutes a week can increase morale and productivity
by 75%.
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31. 5. Make the extra effort to connect
Bring people together
• Address the issues that are really on employees’ minds.
• Be visible and reachable.
• Inspire.
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33. 6. Repeat
Your brand is an ongoing commitment, not a one-off
It’s always a good time to renew and refresh your brand.
And staying relevant is always critical.
People will support what they believe in and what they
feel a part of. They will abandon what they don’t.
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