The month of July has been tough for a number of businesses and August is not looking too hot either. Your company President is asking all departments to start trimming. Where can you trim without seriously affecting online visibility?
1. Take a careful look at social media. You may be able to move from three updates a day to two or from two to one.
2. Look at where your customers are. If you are paying to post to LinkedIn but have never gotten a customer from LinkedIn, use HootSuite to auto feed your blog posts to LinkedIn and drop daily status updates there. How about Google+ can you drop your frequency back?
3. Consider trimming your AdWords pay per click budget back 10%. You may not suffer significantly from this action but don’t just do it automatically. If AdWords has really been a strong lead driver for you, it may be more beneficial to boost your budget there instead of cutting.
4. Consider asking your blog post supplier to move from three days a week to two or from two to one. I do not recommend less than one day a week posting as there are simply too many benefits you receive from great blog content, but it may be time to review your spend in this area.
Although not every business will want to cut back when times are tough you have options to help trim the budget by taking a careful look at what has been working to drive leads and what can simply be trimmed in service level for the time being to trim costs until things turn around financially.