After weeks of
sequestration and frustration over changing policies and mis-information about
Covid-19, people are suffering from Corona Fatigue. Coupled with
an endless stream of self-serving brand messages trying to reassure us …“We’re
all in this together”, I’m ready to blow up my television. What we knew as ‘normal’ will no
longer be ‘business as normal’. Covid-19
has shaken this country – and world – to its very core. The pandemic has spared no one. It has spread its tentacles deep into the
fabric of American lifestyle, our industry, travel and buying behavior; no
single demographic segment or cohort has known its mercy.
The Transitional
Normal.
We are about to enter a new
‘Transitional Normal’ phase before finally arriving at our ‘New
Normal’; I doubt things will ever be quite the same as they were before
March. Market research companies have been on a feeding frenzy collecting data
that doesn’t yet point in a definitive direction.
However, it does appear brand
loyalty had taken quite a blow – as people facing shortages were forced to try
‘new things’, and then found they actually liked them better than the ‘tried
and true’. In M4’s Quarantine Insight’s Report (w/o April 13), its
geo-validated retail consumer exit interviews revealed that 58% of the observed
shoppers will continue to use that new brand they had to use out of necessity. With
this kind of information in hand, brands must start seeking new understanding
of how a ‘New Normal’ may morph with consumers and employees – both of whom
have taken a beating.
Undoubtedly, there will be
no shortage of hand wringing in C-Suites as they respond to this chaos – both externally
and internally. And, I suspect many
companies will immediately jump into ‘high tactical mode’ trying to
adjust their policies and messaging. As we enter ‘Transitional Normal’,
I say … “Breathe, Pause, STOP !!”
Coming out of this turmoil,
marketers must take a hard look at how dynamics have shifted with both consumer
and employees. They will need to:
measure changes in buying behavior, brand loyalty and perceptions of corporate
citizenship during the crisis; assess how they treated employees as valued
brand ambassadors – or not. Conducting
earnest due diligence to shape emergent marketing approaches and messages will
be critical.
As with any brand launch
or repositioning, companies must approach this from the ground-up. The C-Suite must look hard and long – and objectively
– at what has happened and how people are feeling now and going into the
future. After deep introspection
– while facing some harsh realities – companies will need to test, test, and validate
their assumptions with key stakeholders going into a ‘New Normal’.
The New Normal.
With their theories either
validated or refuted, companies may only then begin to define the shape their
‘New Normal’ will take over the years to come – while acknowledging
there will probably be a lot of unknowns encountered along the way.
So, Now What To Do?
It’s never been more
important for corporations to acknowledge this uncertainty, deal with it strategically,
and if necessary, seek objective outside counsel to help them navigate these
uncharted waters.
I’m part of a team of
business professionals who can help guide your company through this
journey. This accomplished group of senior-level
experts in brand strategy, traditional and emergent market research
methodologies, content management, social media strategy and business coaching
may well be that new set of eyes you need to help navigate some rocky seas
ahead. Message me if you'd like to find out
more about what we do and how we approach these kinds of challenges.


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