The Agency Record Blog

9 Low Cost Opportunities in 2009

Happy New Year! Some of you no doubt would like to put last year far behind, but if there was one word to sum up what this new year holds for all of us, in my opinion, it would be: OPPORTUNITY.

As a small business person, opportunity has always been found in the places where there is real need. In our case, those needs have centered on companies who are branding and creating marketing messages in various digital forms. We are so proud to have worked with such a great client roster during the past year, and hopefully met some pressing needs in web design, print design motion graphics design and video production. Thank you all for making last year such a fun one for us!

As a feeble thank you, here are 9 Low Cost Opportunities for Your Business in 2009.

  1. Determine the stress points of your customers, and develop legitimate marketing that positions your product or service as the immediate relief they seek. Acute economic stress can become a great motivator to solve a nagging problem.  Do you know what your product or service addresses in today’s buying climate?
  2. Down time during the first quarter? There is no better time to revisit your web site strategy and make sure it is really working for you. Some of our clients saw exponential growth occur in their business, simply by optimizing a few pages of text for search engines, or adding intelligent, descriptive video!
  3. Take advantage of the holes in your market left by competitors who couldn’t weather the recession. Many competitors are thankful when a business offers to step up and take over a client roster, to support their orphans instead of leaving them in a lurch.
  4. Position yourself as an expert in your market. Write articles. Take speaking engagements. BLOG! Much of the “getting to know and trust you” phase of new client development can be taken care of in this way.
  5. Twitter. Share valuable links to solid, relevant information aimed at people in your marketplace.
  6. Organize a small social event for people  in your client list who need to know each other.  Ask them to invite some of their best customers as well.
  7. Revamp your business card. It’s an inexpensive move that can have a transformative effect on your first impressions.
  8. Start a podcast to cover industry news, or tips and tricks, Q & A, how-to.  Offer the audio in a player on your site as well as a downloadable, and get your feed listed in a dozen or more podcast directories where people often look for information related to your area of expertise.
  9. Has the economic news spooked your customers and made them overly price sensitive?  Find ways to redefine your value in terms that make sense to them in this light.  An example: KFC started a video commercial campaign that more or less dared people to try to cook a 7 piece dinner with two sides for less than could be had in their stores.  No one was paying attention to the fact that it used to be an 8 peice deal for the same price, because the focus became the value of the deal they were offering, compared to the time and expense of making it yourself.

Well, from the team at Harkins Creative, we sincerely wish you a prosperous New Year full of ripe opportunities! Let us know how we can help.

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