Marketing Insights
Brand Strategy
Welcome to year three of the pandemic. If you’re responsible for marketing planning for your business, the following tips should help you tackle a vastly changed landscape.
But first, let’s take a quick look back at what brought us here.
2020: Widespread stay-at-home orders spark nesting behaviors. Remodels and redesigns, new home offices and new sanctuary spaces drive home improvement activity. Homeowners, who are spending more time at home than ever, focus largely on comfort, productivity and safety. Meanwhile, brands pull back their marketing spend as they wrestle with unknowns. Cue the effects: Internet traffic spikes, media costs drop and e-commerce supply chains suffer. In the end, it’s a strange year that nevertheless delivers positive results for brands that stay in the game.
2021: More brands bring back their media spend, and audiences reenter the outside world. Media costs increase, while engagement rates return closer to historic norms. In the home improvement industry, contractor and worker shortages, coupled with product availability challenges, curtail some of consumers’ earlier enthusiasm for home renovations. Many states slowly return to the office and the classroom.
As for now? 2022 still features pent-up demand, largely driven by ongoing supply chain challenges including lumber shortages and shipping delays. And, while meeting consumer expectations on the service side should be a critical goal for most businesses this year, the following four strategies can help your brand build mindshare and market share.
1. Build digital trust with quality content.
Every company is trying to build direct relationships with customers during a time in which in-person events and experiences remain difficult to plan and activate. This, in turn, has made quality content more critical than ever.
In the age of Instagram Reels and three-minute TikToks, readable content still has a seat at the table. In fact, long-form “guide” content that offers readers useful, in-depth information in an easy-to-consume format will continue to bolster your brand’s position as a trusted thought leader. Furthermore, high-value content can increase personalization, bolster the customer experience and help you attract more organic search traffic — all while supporting conversions for each stage of the sales funnel.