"Successful
companies do not abandon their marketing strategies in a recession;
they adapt them."
– John A. Quelch
Professor of Business Administration at Harvard Business School
How to Market in a Recession, Marketing KnowHow
When dry economic conditions persist, the typical reaction is
to slash expenses, including marketing expenditures. The
trouble is, too often these cutbacks are made "across the
board" as
a short-term cost-saving measure. Such tactics often only exacerbate
and prolong the financial troubles faced during an economic downturn.
Thus, when the downturn inevitably subsides, those companies that
have continued to market themselves wisely, weather the storm best,
and position themselves to reap the greatest rewards when the market
rebounds.
In an economic downturn, the smart company concentrates more of
its marketing budget where it sees the greatest return – in
many cases, on internet marketing, and even more specifically,
on email marketing. Consider this:
- 83.2% of marketers in a February survey by Datran Media listed
email as their most important advertising tactic for 2007. Why?
Mainly because of its ability to drive incremental revenue, a
reason cited by 55.3% of respondents. (Source: Datran Media,
February 2007)
- Email ROI per $1US spent: $51.45
(Source: Direct Marketing
Association Power of Direct report October 2006)
Combine these facts with the insight that during slow economic
times, it's typical for consumers to withdraw and only spend with
businesses where they have developed a relationship of trust – places
where they feel safe and assured. The convergence of such conditions
are ideal for leveraging email to strengthen your most valuable
client relationships and drive sales when it really matters.
This is where the ACE
Program comes in:
Deliver up to six customized, automated, personalized, relevant,
timely and authentic messages to your prospects and guests! View
client samples.
- Reservation Inquiry Response Message
- Confirmation Message
- Pre-Arrival Message
- Post-Departure Message
- New! – Repeat Booking Reminder Email
- New! – Refer A Friend Viral Campaign
The above custom email program helps turn your most coveted clients
into your most enthusiastic brand advocates. It can be implemented
in parts, or as a comprehensive six-part program. It can also be
tied directly to your existing property management software such
as FRS V12, Inntopia and Escapia. And it's not unusual
for these campaigns to see unique open-rates near 80% with unique
click-thru rates in the 45-50% range!
In short, the ACE
Program leverages your most cost-effective marketing tool to reach
your most important clients when it matters the most – turning
a rather bleak economic climate into a promising oasis.
Contact
us today at 970.704.3240 and get your program
up-and-running before the busy summer season. Purchase your ACE
Program by June 15th and save
10% off the setup cost. Don't forget to
mention "Oasis" to receive the discount offer. We look
forward to helping you "Win on the Web!"
–
The Blue Tent Team
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