Economic Downturn FAQ for Advertisers
Consider this post a breathing FAQ for all of your COVID-19 questions, with answers and effective management strategies from our team of marketing experts.
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In some cases, Independence Day falling during the week can be a blessing for online retailers. More consumers are staying home instead of traveling and are idly checking social media or websites—making this a prime time to target them with ads. On the other hand, it could work against them. Whether you’re running an ad campaign to target those idle web surfers or waiting out the holiday, this is still the perfect time to invest in your owned channels. As a refresher, anything you have full control over is considered an “owned” channel. This can include your website, email list, and even social media like Facebook and YouTube.
Here are four ways to get your owned channels in order and launch new sales:
Your website is the most valuable of all your owned channels. This is where you sell your products, house your blog posts, and ultimately drive most of your traffic. Spend some time optimizing it by considering the following questions:
If you’re not blogging on your website, now is the time to change that. Blog content can help boost your rankings in search engines, establish your credibility, and build trust with your customers. Use the keyword research you did for your website to write blog posts that will educate and engage with your visitors.
Here are a few ideas for blog posts to get you started:
While Facebook technically owns your Facebook page (and Instagram feed), and Google owns your YouTube channel, you can still enhance what you’re doing on social media to help attract new visitors to the website you just made pop.
Here are just a few ideas:
If you haven’t sent out an email newsletter in ages, it’s time to dust off your subscriber list. No matter what platform you use, make sure you’re collecting email addresses through a form on your website and offering subscribers special offers. Rewarding former and current customers with exclusive deals is a great way of building customer loyalty and increasing customer lifetime value (CLV).
When you do send emails, make some of them educational—not just a sales pitch or an offer—to help establish your credibility and build your brand. For example, you could include snippets of the blog posts you’ve written about grilling or paddleboarding to entice recipients to visit your website and read the whole post.
Use this quiet holiday time to invest in your owned media. You may find a lot of areas where you can improve, and the foundation you build now during a slower retail season will help you during Labor Day, Black Friday, and Cyber Monday sales. You’ll have a stronger platform and be more top-of-mind with your visitors, which will turn into more revenue.
Last updated on June 30th, 2022.