Marketing Insights to Navigate the Coronavirus Pandemic – Weekly Recap of News You Can Use

Week of April 6, 2020

 

Greetings from the home office. 

In our third weekly roundup of insightful content related to the coronavirus, we’re taking a deeper look at brand messaging strategy, search and marketing trends and most importantly, planning for the rebound. (ICYMI catch up on our previous posts from the week of March 30 and March 23.)

We as an agency are planning and positioning ourselves and our clients for the rebound strategy. Our business has changed along with that of our clients, and our media and marketing plans have drastically changed. 

Whether this “new normal” has you busier than ever or reeling from the lack of business, marketers can all agree that now is the time for learning. Learning a new business skill, diving into your customer data to improve segmentation, researching an emerging digital platform or even reading that book that’s been gathering dust on your shelf. With stay-at-home orders in place for most of us, the focus is at home with a new level of work-life balance. How are you advancing your skill set, finding a new perspective and preparing for the future of your brand (and yourself)? 

Read on for the most insightful articles for marketers this week. 

Content Roundup

How brands are adapting their strategies and ad creatives in real time to address the coronavirus. While all brands are different, many have responded with a meaningful approach to get through the crisis and move forward together. Learn more.

Many franchise and multi-location businesses are closed now, and even while open they are still facing challenges in the marketplace and uncertainty about the future. This article provides great rationale on why you should be planning for the rebound now. Learn more.

Not surprisingly, many brands are anticipating a decrease in their marketing budget, although their goals remain unchanged. SEO is expected to gain importance as a marketing strategy during the downturn. Learn more.

While some of the behavior changes prompted by the coronavirus pandemic may be temporary, many may become permanent. Marketing leaders must take actions to understand the impact to their brand and customer journeys, lean into digital interactions with customers and mitigate risks to the customer experience. Learn more.

The impact of the coronavirus crisis on the business climate has necessitated a reset of marketing budgets and campaign expectations. The sooner current marketing efforts are audited and reset, the sooner they will contribute to positive gains. Learn more.

There is no playbook for how to advertise during a pandemic. We’re all learning as we go and mistakes are inevitable. However, to avoid a total fail, the key is to think long-term, focus on brand building and keep an eye on the context surrounding your advertising. Learn more.

Google search trends can be a powerful tool for marketers to aid in keyword research, development and optimization. It can even be used to help identify emerging COVID-19 outbreaks in specific geographic areas and reveal previously unrecognized symptoms. Learn more.


We hope you’ve found our compilation insightful. Stay safe and if you haven’t already, subscribe to our blog to get next week’s roundup delivered straight to your inbox.

Google My Business Limits Features During COVID-19 Pandemic

In March, Google announced they would be limiting Google My Business (GMB) features and functionality due to the COVID-19 pandemic. The limitations come as part of an effort by Google to focus on the quality and reliability of the location information on Google Maps, and to keep Google employees safe and healthy.

Google My Business resources are being shifted to focus on edits to essential features to ensure brands and business owners can keep their customers updated on their business in this unprecedented time. Essential features include hours of operation, marking a business as temporarily closed or closed, business descriptions and business attributes. In addition to focusing on essential edits, Google is temporarily prioritizing business edits to health-related businesses. Brands and business owners should expect delays in non-essential business edits and possibly delays if your business is not health-related.

In addition to delays in business edits, Google has temporarily disabled several features. With a limited GMB team and many business edits coming in, Google disabled these features to ensure resources are focused on the essentials.

Temporarily disabled features

  • The ability to leave a new review
  • The ability to respond to a review
  • The ability to add to/edit Q&A (customer FAQ on GMB listing)
  • The ability to upload new videos

The Google Posts feature was temporarily disabled, but is now back up and running. Google is working through previously rejected Posts that were submitted during the time the feature was disabled. Additionally, Google has added a new Post type: COVID-19 update. The new Post type allows a business to add information about updated hours, change in business operations, change in business management regarding hygiene/safety and requests for support.

Although Google said to expect delays for some business edits, it is still important for local businesses to submit any business updates to Google My Business. Mindstream Media Group clients needing edits to local business information should contact their representative. We will process the edits immediately and monitor them until they are live.

As you are waiting for edits on Google to be reviewed, we recommend updating customers through other outlets, such as: Google Posts, social media, email, a blog post or adding a banner to your website.

With shelter-in-place orders in more than 40 states and non-essential businesses being told to close their doors, it’s more important than ever to ensure local business information is accurate.

Media Planning Advice From a Devout Basketball Fan

Few statistics are more telling of the outcome in a basketball game than the “rebound” numbers a team posts.

Rebounding speaks to a team’s physicality, a team’s “hustle,” and rebounding often is a reflection of good coaching. Rebounding also utilizes data (speed and direction of shot) to know with a reasonable amount of certainty where the ball will bounce. Positioning before the opportunity truly presents itself is vital.

You win the rebound battle, you’ll likely win more possessions. More possessions equals more opportunity to score. More possessions also mean a team can be less efficient with their scoring opportunity and still be successful. Own the boards; own the outcome.

Today, in our media business we’re planning and positioning for the REBOUND.

It’s no secret many brand budgets are being paused, cut and/or repositioned for the remainder of 2020. Companies spanning the entire economy are all in the same boat. Consumer spending is slowing down due to coronavirus and the national quarantine efforts of millions to put our national health in the driver seat. Rightfully so, America.

But Americans are a resilient bunch. I continue to marvel at stories I see every day of resourceful, inventive, creative contributors chipping in to lend a hand to fuel the fight against this virus. It’s quite amazing if you step back and look at the comradery of it all.

Today at Mindstream Media Group, we collectively look to tomorrow. Challenge lives with us today, with our clients today, but not forever. We look to the horizon for what is coming next, and we anchor in our purpose.

Our Purpose: to thrive on guiding our clients as bold strategic advisors as we activate and advance their media investments toward measurable, positive business outcomes at an energetic pace.

We swiftly aligned all Mindstream team members to REBOUND teams representing all facets of our business from channel experts to data analysts, marketers and designers. These teams will attack new strategic angles to jump-start our client efforts when the opportunity to bounce back in this new economy presents itself.

New economy. What will that look like? New challenges. New opportunity.

Here are five questions to ask of your REBOUND strategy:

  1. How has your business fundamentally changed from this?
  2. What changed with your consumer?
  3. How do you get a head start when every other brand across the spectrum is looking to do the same? Media avails are going to be tight!
  4. How will you navigate the deluge of political investment certain to flood the marketplace in early summer and into the fall for the 2020 election? Is your media strategy “election proof?”
  5. Sports viewership (when it comes back) will skyrocket. Will your brand play here?  If so, how?

To put a bow on this basketball analogy, I quote the great John Wooden, “Be quick, but don’t hurry.”

I liken this to the strategic thinking needed NOW. The unique perspective needed NOW. So that when a brighter tomorrow presents itself, you’re not in a HURRY. Mistakes are made in haste.

Instead, choose quickness under control.

I leave you with this quote from Abraham Lincoln who said, “I will study and get ready, and perhaps my chance will come.”