Radix Speak: Marketing Domains In The Times Of Covid-19
Continuing with our Radix Speak series, we have Namrata Arya, Head of Digital Marketing at Radix, talk about how Covid-19 impacted marketing and how marketers in the domain industry can adapt to it.As a marketer, if I could describe 2020 in two words; it would be unpredictable and volatile. While resilience is one of the crucial skills to master in marketing, it is truly being tested in 2020. At the same time, it’s obvious that a business’s ability to adapt quickly will determine how it will emerge on the other side of this unfortunate situation.Back in December 2019, when we were charting out our annual digital marketing plan for the current year, we didn’t in the least bit expect it to become obsolete in a span of a few months.In March, we were back to square one trying to make sense of the situation and how to adjust our messaging and create a plan that is valuable for our partners and businesses globally. At Radix, we decided to take the situation head-on; right from diving into past data to overhauling our promotional messaging within a matter of a few weeks.
At the onset of uncertain times, data showed us the way
Being data-driven is one of our core organizational values and it helped us identify and prepare early on for the change in our digital marketing approach.
Apart from monitoring the impact of COVID-19 on the domain registration numbers for every geography, we kept a close eye on Google search trends and changes in media consumption patterns.
Analyzing Google Search Trends
Search trends are often the earliest (and truest) indicators of a shift in any sort of behavior and the most effective source of information if you are looking to stay ahead of the curve. We looked at domain-related search queries that were on the rise. It was obvious that people were looking to “build a website” or “start a blog”. What we also saw was that there was an increase in queries pertaining to “setting up an online business”.These changing trends were further validated when a few weeks into it, we saw peaks in registrations for .ONLINE and .STORE domain names.What also helped us immensely was to identify trends and behaviors that had already come about in countries that were hit with COVID-19 early on. This helped us anticipate and prepare for some of these changes pertaining to buyer behavior, media consumption patterns, impact on domain sales, etc.
Monitoring Media Consumption Patterns
This crisis led to some major behavioral and attitudinal shifts among the users and the media consumption patterns reflect that. A study of 25,000 consumers across 30 markets showed a 61% increase in digital engagement compared to normal usage rates. Messaging across Facebook, WhatsApp, and Instagram went up by 50% in countries that were hit hardest by the virus. Twitter saw 23% more daily users now than it did a year ago.Under normal circumstances, this trend would be a digital marketer’s delight. Current circumstances, however, are not normal by any measure. Our guess was that people were most likely stress-scrolling on their screens, looking for community support, and reassuring news to be able to weather the storm. Not just that, these patterns have constantly been changing because of the volatile nature of this crisis. As a marketer, keeping a close eye on these changes, and accordingly altering the strategy is key.For example, in the first few months, there was an increase in time spent on the desktop because of the quarantine. People were no longer commuting, staying up late, and spending more time on their laptops. What this meant for us was to adjust our ad schedules, device targeting strategy, etc. Lately, we are seeing a shift to the earlier patterns of internet browsing as people are returning to their earlier routines.
Radix’s digital marketing approach to COVID-19
Times such as these truly test the organization’s leadership and its values. Being data-driven and having the freedom to make tough decisions helped us course-correct in time to offer maximum value to the small business community. At Radix, we wanted to lend a helping hand to the SME community in their journey through quarantine, working-from-home and transitioning from offline to online to maintain business continuity. Owing to the lockdown, a lot of small and medium businesses were compelled to move online to maintain continuity. Businesses with no prior experience of running an online business were now faced with the daunting challenge of setting up, managing, and marketing their business virtually. In keeping with our commitment to empowering businesses to be future-ready, we wanted to ensure we do everything in our capacity to make this whole process as seamless as possible for them. This became the North Star for all our marketing efforts during this time. Our entire digital marketing strategy basically boiled down to answering three pertinent questions:
What are the specific challenges that small and medium businesses are facing with getting online?
How can we help?
How do we get the word out?
Once we had figured the answers to these questions, we had a pretty solid game plan to help us navigate these uncharted waters. Right from building a thorough resource library to collaborating with our global network of registrar partners to share helpful content with end-customers; we moved forward towards not only helping them transition from offline to online easily but also thrive online.
What we can do as marketers in the domain industry
It is already established that this crisis has stressed the need for businesses to have an online presence. It’s inspiring to see how quickly the consumers have adapted to the digital way of life.This has paved the way for a permanent change in the shopping preferences of consumers, with online being the preferred mode even post COVID-19, leading to a possible eCommerce boom.As part of the domain industry, we play a huge role in helping businesses to go online. While it is a growth opportunity for our industry, let us also acknowledge that it is an honor and a responsibility to be an enabler for so many business owners looking to build business continuity. At this critical juncture for us, my advice for domain industry marketers would be to remain mindful of the fact that there is a lot of panic, chaos, and uncertainty all around.A lot of small and mid-sized companies are undergoing financial strain. Being sensitive towards their state of mind and helping them in whatever way possible should be our top priority as marketers. With the kind of uncertainty that COVID-19 has brought upon us, businesses are just playing catch up. Empathy is key. Look at solving a problem for them, create value for them.This article was originally published in DN Journal.
radix.website is committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with this privacy statement.
radix.website may change this policy from time to time by updating this page. You should check this page from time to time to ensure that you are happy with any changes. This policy is effective from 24th April’15.
What we collect?
We collect information from you when you fill out a form.
When trying to contact us on our site, as appropriate, you may be asked to enter your:
You may, however, visit our site anonymously.
What we use information for?
Any of the information we collect from you may be used in one of the following ways:
To personalize your experience Your information helps us to better respond to your individual needs
To improve customer service Your information helps us to more effectively respond to your customer service requests and support needs
To process transactions or to receive expression of interest for the V.I.P. program
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the service requested.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, or access your personal information. In order to prevent unauthorized access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.
Yes (Cookies are small files that a site or its service provider transfers to your computer’s hard drive through your Web browser (if you allow) that enables the sites or service providers systems to recognize your browser and capture and remember certain information.
Overall, cookies help us provide you with a better website, by enabling us to monitor which pages you find useful and which you do not. A cookie in no way gives us access to your computer or any information about you, other than the data you choose to share with us.
You can choose to accept or decline cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of the website.
Links to other websites
Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.
Do we disclose any information to outside parties?
We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.