The Economy and Business Survival

by Paul Cooley on August 1, 2009

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As business owners I think it safe to say that the majority of business owners have felt some effects of the Economy. I have been watching as I have seen many storefronts close their doors and wondered what the best way is to stop that from happening. Owning a storefront myself, I know this can seem to be a pretty hard task. But, also being an Online Entrepreneur I have learned many things that many Offline Entrepreneurs don’t learn. Recently I have put it all together and started a new Company called SureFire Business Strategies, to help offline businesses use Online Strategies to boost profits.

I want to share with you one company I have kept an eye on over the past year or so, it’s the Christian Book Store called Bereans. Having been a customer for years, I started noticing their stores looking a little bare. I figured they were feeling the effects of the economy were making adjusments.

A little later I noticed Bereans doing something very smart, they started a profile on Facebook. Not only that, but they were offering coupons to their Facebook friends and fans. I can’t begin to tell you how smart this is! Using Social Media Strategies like this is a great way to keep YOU in front of your customers without having a huge email list.

Then offering coupons on top of that is a great way to get those people to come back in the store.

Benefits of using Social Media Marketing:


- Most of it is all Free!

- HUGE amounts of people can be found there. (Facebook, Myspace, Twitter, Etc.)

- Keep You in front of your customers.

- Great source of getting traffic to your web site and/or store.

- Easy way to find out what the customers are looking for, what they like/dislike.

- Become an authority.

- And much more.

Now keep in mind, there is a right way and a wrong way to use Social Media, but if don’t correctly, it can be a powerful marketing tool.

Bereans and other businesses that choose to use Social Media as one of their Marketing Strategies, I believe will be the businesses that not only survive the economy, but make a profit doing it.

Keep movong Forward!

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