Page 23 - Grapevine May-June 2020
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In The Winery














































               Marketing During a Crisis:




               Tips to Pivot Your Marketing Messages


               By: Susan DeMatei
               R        ecession Marketing Pro Tip: Understanding  understanding and appealing to their emotional

                        consumer psychology and the underly-
                                                                    needs you have a better chance of connecting with
                        ing emotions is critical when advertising
               during a recession.                                  and engaging them. This is not a novel approach.
                                                                    Research shows that ad campaigns that focus on
                                                                    emotional engagement tend to have a higher ROI
                 In the wine industry, we don’t typically analyze   than ad campaigns focusing on rational messages
               consumers’ psyches or emotions. We tend to think     (such as low prices or special offers) even when
               of our customers demographically – mid 40’s –        times are not tough.
               60’s, lives in New York, Texas, and Florida, HHI over
               $150k, and the like. But in times of stress, demo-     But how do you know what your consumers need
               graphic segmentation may be less relevant than       to hear right now? To guide us, I found an insightful
               psychographic segmentations that take into con-      study in the Harvard Business Review that looked at
               sideration consumers’ behavioral reactions and the   marketing successes and failures of dozens of com-
               underlying emotions they are feeling at the time.    panies during recessions from the 1970s – 2010.
                                                                    HBR identified patterns in consumers’ behavior and
                 The coronavirus sanctions have created an under-   resulting company strategies that either helped
               current of fear, worry, and stress. People are look-  them succeed or ultimately fail during a recession.
               ing for stress relief and a temporary distraction. By   Additionally, they strongly encourage companies to

               877-892-5332                       The Grapevine • May - June 2020                                  Page 21





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