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Change is having kind of a moment right now. Its little sister, uncertainty, is on a roll, too.
In marketing departments across the equipment finance industry – and every other industry – you hear people asking when things are going to settle down, when they’ll get a chance to catch their breaths and get back to marketing like they used to.
They’re probably not going to like the answer. Which means it may be time to stop asking when we’ll get back to the way we were. A better – and much harder to answer – question may be how we keep connecting in an environment where change and uncertainty just aren’t going to let up anytime soon.
Even though we’ve all had quite enough hard-to-answer questions lately, this one really needs tackling.
So what’s it going to take to continue marketing effectively when change is hyper-caffeinated and bent on overachieving? Here are three areas marketers can focus on right now to stay flexible, keep in tune with audiences, and build real relationships that aren’t just resilient in the face of change but actually strengthened by it.
Give Creativity Room to Breathe
Creativity and flexibility like to hang out and go everywhere together. You don’t often see one without the other. And that’s why we’re starting with it. Creativity and the flexibility that comes with it really are foundational to marketing into change, especially when things are changing so much and so fast.
Makes sense, but here’s the problem: change often makes people freeze up. And the faster things change, the more frozen people tend to get. One reason why is that change turns up the dial on everything. Yes, the rewards for getting it right can be greater, but so can the consequences for getting it wrong.
Here’s a secret though: when things are changing, doing nothing new is the same as getting it wrong. And change too often makes people want to play it safe, wandering around in a tight little circle in the middle of their comfort zone.
Bad enough, but besides impeding the flow of creative ideas in your own department, the understandable-but-unfortunate deer-in-the-headlights response to change often leads to a creative freeze across the company as teams huddle in their own silos.
So your task here is to thaw the creative ice and break down the silo walls to get your whole company’s best brains back online and communicating seamlessly. Easy, right?
No. But if change leads to contraction and isolation when what you really need is expansion and collaboration, start with a close look at your company’s creativity culture. Ask yourself:
Of course, our answers should be yes to all the above. But if they’re not, here are a few ways to address that:
Listen Like Your Business Depends on It (Because It Does)
For our purposes here, listening is more than just paying attention when your audiences communicate. Of course that’s important, but to really understand the context you’re marketing into – and that’s a really important thing to do if you want to connect – it’s essential to go beyond listening passively to actively seek opportunities to hear what your audiences have to say.
Don’t look at this as data harvesting. This is about listening in the context of real relationships (something we’ll talk more about later), not just gathering information from your customers. Customers don’t love this, and if they do put up with it, don’t expect to get great insight. But what customers do tend to like, and respond well to, is when you get honestly curious and excited to find out what’s on their minds.
To work well, a purposeful approach to listening with the intent of marketing effectively through change has to be implemented companywide since some of the most valuable insights can come from places you might not expect. Here are a few ways to listen more actively and stay in tune with the quickly evolving needs, concerns, challenges, and opportunities of your audiences:
Focus on Relationships Over Transactions
Maybe it’s because they have more choices than ever (and so many of them look the same), but for many of today’s customers, the transactional business approach just doesn’t work anymore. Instead of a transaction here and there with businesses that are essentially interchangeable, customers now are looking for ongoing relationships with companies that authentically address the customer’s full, unique business context and offer more of what the customer needs to solve problems and win opportunities in a changing marketplace.
Sound like a lot of work? It absolutely can be. But so can getting a customer to engage in a transaction with your company. So, where would you rather put in the work? In a one-off transaction or a relationship that yields far greater dividends in terms of loyalty, lifetime customer value, and referrals?
That said, there are ways to build the relationships you want without overtaxing your team:
Of course, managing the workload of creating deeper relationships with the resources available is only half the battle. What goes into an effective strategy for getting beyond transactions to relationships in the first place? Here are a couple of points to guide your planning:
Turn Big Change Into Lasting Relationships
Change is here to stay. But with a creative, attentive, and relationship-centered approach to marketing through change, teams can stop dreading it and pivot to embrace the opportunities it offers to develop deep, ongoing relationships with customers who won’t want to do business anywhere else.