Recession-Proof Marketing Strategies
Times are bad...just listen to the news.
Banks are failing, factories are closing, and small business are going
under. Congress will be passing legislation to bail out the banks while
we are left suffering the fallout.
Sounds pretty "doom and gloom" doesn't it.
You know...you can either dwell in the mess and go down with it or you
can change your direction a bit and forge ahead. I'm choosing to forge
ahead.
The economists say that during a recession business slow
to a slow crawl. You don't have to get caught up in this if you're
willing to explore new venues and make some marketing changes.
Be more creative in your marketing.
Look for venues in your home town and surrounding communities that will
allow you to hang your art...restaurants and up-scale hair salons are
perfect for this. How about a one man show at your local library or
bank lobby? Do you have a patron that would do an open house for you?
Announce an "open studio" day.
We've all heard these things
before...it's now more crucial than ever that you take action. Set
aside one morning a week to market yourself locally.
Increase your visibility...sponsor a Literary Contest
at your local High School. Get involved in the Chamber of Commerce,
Sponsor an award at your local art fair, volunteer at a community
outreach, be active in your church.
It's a proven fact that the
consumer responds to businesses that support the greater good of the
community....you need to be known locally as one of these businesses.
Another thing...we are told that consumer purchases are grinding to a halt.
This just isn't true. The consumer doesn't stop buying...but they do
adjust how much they are allowing themselves to spend. Therefore you
need to adjust the price points you offer by creating smaller less
expensive works.
I did not say...lower your prices or discount your art.
This is especially true if you are in the higher end of the market.
Discounting your art always raises the expectation of receiving a
discount again the next time they purchase and lowers the perceived
value of your work.
Try offering a 'gift with purchase'. This
could be one of your smaller pieces...developed just for this purpose,
or how about a Gift Certificate redeemable on their next purchase.
Update your mailing list. This is one of your greatest business assets
in good times and bad. It's a proven fact...80% if your sales will be
generated from 20% of your customers. It's more important than ever
that you cultivate and coddle this 20% while keeping your name in front
of the other 80%. If they purchased from you once they are your best
bet for additional sales.
If you've let your mailing list
slide...get it updated. Keep your name in front of your clients by
sending a regular newsletter at the very least on a monthly basis . It
doesn't have to be lengthly...give them a peek into your studio, your
life as an artist, update them on new pieces and upcoming shows. Always
include a photo of one of your pieces and a link to your website.
Consider Teaching...others will
pay to learn the techniques you use. For decades artists have
supplemented their income by teaching others. Private classes where the
client receives one on one instructions are always in demand. for
larger classes, contact your local library, class room space is
sometimes free to those in the district.
Today's internet
makes teaching even easier...if you have a video camera, record your
process and present it on your blog via U-Tube or Blogger... or make a CD or DVD and retail it.
Consider producing an "E Book" that can be downloaded by your customer.
See how Susan Carlin is maximizing her internet exposure using video and Ustream TV.
Finally, I would tell you to GET A WEBSITE AND A BLOG. Yes, I said...BLOG! These are both inexpensive when compared to return. To learn more, read my series It's the Journey that Defines You.
Don't ever say you're too "technically challenged" to have a website. Give FineArtStudioOnline a try...sign up for their "Free Trial", you've got nothing to loose.
I
will unashamedly attest to their "extraordinary artist support staff"
and their willingness to help you throughout the set-up process.
God Bless this wonderful nation and it's people.
Sincerely,
Marsha
Links:
TheExtraordinaryPencil...blogspot
My Squidoo ...Drawing Techniques
Literary Contest
Your Greatest Business Asset
It's the Journey That Defines You
Susan Carlin's Art Journal
FineArtStudioOnline
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