Changing the Way We Do Business is a Requirement Today
Friday, May 29th, 2009In years past, when catastrophic situations occured - such as 9/11 - people changed to reflect the moment. Though serious as it was, less than a year later it was life as usual. People reverting to previous ways of life and spending habits.
Unfortunately, in today’s unique economic times, the world is in a state of financial turmoil. Businesses, large and small alike, closing daily. With millions of jobs lost, investments tanked, homes in foreclosure, people are seriously changing. Not just making simple changes. But serious decisions affecting their entire way of living life. Changes which are slowly working their way down to all businesses. In fact, it’s been determined these changes will affect the way business is done. For years. Even decades to come.
There’s no question any business wanting to succeed, and prosper, is required to make the necessary changes to survive. Let’s face it, what was business as usual is no longer. Especially when it comes to advertising and marketing.
Businesses can no longer rely on people thinking and shopping as they did. Or being responsive to the old ways of advertising and marketing. For example, they want deals; not expensive, full-priced items. They’re searching for coupons, discounts. Shopping at thrift stores. Trading everything from food to diapers to save a buck; with friends, family and church members. And becoming more “green” than ever.
Scientists and researchers, alike, believe this is not only a sign of the times, but a sign of what will continue to be.
It’s time to re-think who you are, what your business is and does. With the old standby newspapers folding, social networking a way of life, it’s time to reconsider how to effectively reach your target market. Even market old customers.
Will you be one who steps back and retrenches; digging in, hoping to wait it out relying on old ways of business. Or will you bite the bullet? Work through temporary upheaval on the way to positive changes. Which will ultimately help create a stronger and more successful business. Whichever you choose, remember, the road will be bumpy. But “changes they are a comin’”, the old song says. You can believe that.
Jean L. Serio
Has 35 years experience in business, working for 4 top retail corporations. Helping launch and manage 7 multi-million dollar operations. During the past 15, personally, and through the Network, has helped thousands of women start up a biz of their own. Not sure it’s for you?
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