5 Ways To Improve Your Online Economic Development Communications

5 Ways To Improve Your Online Economic Development Communications

You’ve got a great economic development location, welcoming community and knowledgeable staff. Now, it’s time to improve your online Economic Development communications. Right now, you’re great face to face. When you meet with investors and site selectors in person, they find you easy to talk to and seem to trust you and be interested in what your location offers. However, if you can’t meet in person, you might need to improve your online economic development communications when you’re trying to attract new investors and site selectors.

1. Get the Best Value from Your Economic Development Website Budget

Getting the best value from a website budget means attracting site selectors to your website. Be sure to get content found faster by using powerful keywords for Search Engine Optimization (SEO). Remember, avoid duplicate content to keep your website ranking high to attract more investors online.

7 Bonus Tips for Your Economic Development Website

2. Provide Content to Your Site Selectors at Every Stage of the Due Diligence Process

nurture-investor-relationships-1-300x208 5 Ways To Improve Your Online Economic Development CommunicationsInbound Marketing is customer-oriented. Meaning you research who your target market is and find out what their needs are. You create a buyer persona for each type of investor in your target market. Develop a Content Marketing Strategy to decide what to say, where, and how often,  This strategy ensures you provide investors with quality content. Include aspects of your economic development location they’re already researching–at every stage of due diligence.

Also, good communication builds trust and rapport to create long term relationships with investors. You are great at nurturing these relationships in person. Transfer those skills to your online content. Set SMART goals that are in line with your organization’s mission. To attract more investors online, show relocating businesses why they’ll do well and give existing businesses reasons to stay. 

3. How to Leverage Blogging, Social Media, and Email Marketing for Your EcDev Region

Use the global reach of the internet to show your community is unique. Attract investors and nurture investor relationships through social media.

7 Must-Read Articles on Using Social Media

Use Your Blog to Attract Investors Online

Blogging can increase your website traffic. Your blog is used to tell your brand story. So, write about problems investors have and how you can solve them and include news stories, announcements, or anecdotes. Even better, include a bit of humour or personal experience (just keep it professional). As a result, potential investors get to know your organization. Blogs nurture investor relationships by building the trust and rapport. Therefore, use your blog content to make them want to invest in your economic development region. Here’s how you can improve your online economic development communications through business blogs:

How Email Nurtures Investor Relationships

Email is still a great way to share information. Send out regular news and updates to help investors stay involved and keep your economic development region fresh in their minds. Here’s how email lists attract investors to your economic development region.

4. Communicate Your Region’s Value to Attract Investors Online

Adding value to your economic development region is important to distinguish your region from others. Even, simple services like high speed internet adds value for economic development.

5. Measure, Evaluate, Tweak To Improve Your Online Economic Development Communications

Periodically, you need evaluate whether your current strategy to attract investors online is working. You can learn how to measure your Return on Investment (ROI), using relevant metrics. Use the results to tweak whatever isn’t working. It may take several rounds of trial and error. However, with each change you will be able to improve your online economic development communications.

Then, you can communicate your successes to council and shareholders, with facts and figures to explain what is working, or what needs to change, and why.

Next Steps: Collaboration & Networking With Economic Development Colleagues

Firstly, build a strong network of colleagues within your broader economic development region. Share best practices, ideas and resources for new and seasoned Economic Development Officers. Then, use cross promotion to support each other and build up the entire region. Learn tips from successful EDO’s to improve your online economic development communications. Finally, attend tradeshows and  conferences and take note of what happens.

Reach your economic development investors with a 20 second sales pitch. Make every word in your sales pitch count by using non-verbal communication when speaking with prospective investors or customers.

Use this FREE Communications Checklist to Improve Your Online Economic Development Communications 

acda0e73-705e-4ebe-abbb-030ff70fc15e 5 Ways To Improve Your Online Economic Development Communications

What Do You Think?

Time limit is exhausted. Please reload CAPTCHA.