Are you a
glass half full or a glass half empty type of person? In particular, your
perspective on the business environment will impact the kind of marketing you
attempt for your company. If you are waiting to put marketing into motion until
a better day, you may have created a marketing scenario that will kill your
business.
In recent
weeks, the future of our economy got some good news and some bad news.
Depending upon who you are listening to, we may be in complete recovery mode or
headed for the next recession. It appears that real estate is starting to pick
itself up off of the mat. However, will the Fed keep interest rates low
(currently lending at 0%) or will they bump the rate up to control inflation in
the housing market? There is still a lot of uncertainty surrounding Obamacare
and its implementation. July 1 was a hard deadline for the new definition of
full and part time workers (FT redefined to 30+ hours per week) and a mandate
for businesses to carry healthcare benefits for FT employees - that is until it
became an election issue and was postponed for another year. Are we pulling out
of hard times or are we going to see another downturn? If you are waiting for
the perfect moment to ramp up your marketing efforts, you might be fooled by
what you are envisioning the perfect scenario to look like. Marketing should
not be something we turn on and off. Marketing helps a company stay alive and
adapt during any economic situation.
It reminds
me of a story about a pet parrot. The parrot, sitting in his cage inside his
master's house, looked out the window one day and saw a bluebird sitting in a
tree. "That is the life," the parrot thought to himself. "That
bluebird can fly anywhere he wants. He can fly around the world if he so
desires. He is not confined to a cage. He can eat whenever he desires, he can
roost in any tree he wishes. No one is the master of the bluebird," the
envious parrot thought to himself. At the same time, the bluebird was lighting
on a branch peering into the window at the parrot. The bluebird thought to
himself, "Now that is the life! That parrot lives in safety in that cage.
He has never had to worry about a predator lurking in the shadows ready to kill
him in any given moment. He never has to forage for food. Every day his master
brings food to his cage. He doesn't have to build a nest or fly thousands of
miles to escape the cold of the fall nor retrace his flight to come back in the
spring. The parrot's life is the best," thought the jealous bluebird. One
day the master left the window open and the cage door unlocked. When the parrot
discovered this, he quickly made his escape - out of the cage and through the
window to freedom. Likewise, the bluebird discovered the open window and flew
into the house, for he had sensed that the weather was turning colder. He found
the cage unoccupied and perched on the little swing hanging from the top of it.
That night the weather turned cold and covered everything with frost. The
parrot froze to death perched in the same place he had flown in the tree
outside the window. The next morning the bluebird woke to find a cat staring at
him from outside the cage. The bluebird took to flight, but found that he could
not move more than a few inches in every direction. Frantically, the bluebird
crashed into the stiff wires of the cage walls again and again until he
bludgeoned himself to death trying to escape.
It may be
time to take a different perspective of marketing. Marketing is not a spigot
that you turn on and off. Although, you do need to make adjustments. I
recommend coming up with a plan based on your target market and your current
customers. Then constantly be measuring your success. At the very least, you
should review your plan annually. I prefer to do measurements monthly or
quarterly, depending upon your customers' buying trends. A good marketing plan
will help you adjust to your present situation, a strong or soft market,
customers who are ready to turn loose of their money or those who are sitting
on their wallets. Marketing helps make you successful regardless of the
situation.
If you are looking through a
window and thinking that better times are to be had on the other side, keep in
mind that utopian dreams are typically just that - dreams with no reality
attached to them. If you are waiting to market your business on a better day,
you are also buying into a utopian dream for your business. Time for a
perspective check. Keep on marketing regardless of your situation.
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Bluebird photo by EEI_Tony
Parrot photo by Maslennikov Uppsala