Ep 30: Smart marketing in tough economic times
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Ep 30: Smart marketing in tough economic times
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In this conversation, Simon and Lisa discuss the impact of economic downturns on small businesses, focusing on consumer behavior, pricing strategies, and effective marketing techniques. They explore how rising costs affect consumer spending and the importance of demonstrating value to customers. The discussion also highlights common pain points for small business owners and offers strategies for navigating challenging economic times, including low-cost marketing options and effective messaging. In this conversation, Lisa and Simon discuss effective marketing strategies during economic downturns, emphasizing the importance of email marketing, building brand loyalty, leveraging referrals, and shifting advertising strategies. They highlight the need for research and understanding consumer sentiment, optimizing the marketing funnel, and creating value-driven offers. The discussion also covers the power of educational content and the significance of engaging with the audience for feedback.