- Impact Washington
- January - March 2020
- Strategy, Idea and Concept
- UX, Design and Technology
- Video Production and Content
- Mobile App Development
- Social Media & Performance Marketing
PYI Inc. is a leading manufacturer and distributor of high-quality boat, yacht, and ship components. Established in 1981 and still under the same ownership today, PYI has never forgotten that the company cannot exist without its solid customer base. With that in mind, they quickly respond to their customer’s ideas and needs and prioritize quality, innovative marine equipment with unsurpassed customer service and satisfaction levels.
Every year PYI delivers advancements in each of its products and business units. Whether it is a new or established product line, boaters can be assured that they will experience the product performance and customer service they expect and deserve.
PYI, Inc. approached Impact Washington asking for helping in overcoming challenges due to COVID-19. Company leaders expressed concern over the company’s ability to experience growth in 2021 and recover from the Pandemic. Of greatest concern was a projected reduction of sales because of their inability to reach customers through their primary method, tradeshows that were canceled. A decrease in sales meant less revenue to help fund the development and commercialization of updated and new products.
Impact Washington facilitated a Business Assessment process with PYI, Inc. to help align the leadership team and clarify organization priorities about recovering from the effects of the Covid-19 Pandemic.
The following subjects were assessed; Covid-19 prevention and safety, business system effectiveness, workforce challenges, cybersecurity, and current product/market mix challenges. Impact Washington and PYI, Inc. met to discuss the results. Assessment results validated PYI, Inc. concerns. Working together, Impact Washington and PYI, Inc.agreed upon a project plan to prioritize their anticipated lack of sales via traditional methods and mitigate implications of revenue loss throughout the organization.
With no formal marketing leader, PYI asked Impact Washington to scope a project to help them utilize their earmarked “in-person” budget and reconfigure their traditional marketing programs to target and attract customers. Historically, PYI, Inc. relied heavily on in-person trade shows to drive sales, raise brand awareness, provide product education and showcase new offerings. Due to cancellations of most in-person events, the company needed an updated digital marketing strategy that helped them effectively deploy new marketing tactics to shift from making connections in-person to online by enhancing and or learning how and where to make valuable connections on other digital marketing platforms.
The formal project engagement started with a discovery session to gather current activities, budget allocation, internal resources, and competencies. A Marketing Roadmap was created once the discovery process was complete, and monthly marketing coaching and consulting ensued.
Cost-effective digital marketing efforts were put in place to provide PYI, Inc. with the global reach they experienced from in-person activities. Given the importance and strong commitment to customer service, it was essential to utilize open communication tactics and allow PYI, Inc. to interact with customers in real-time.
Collaboratively, the team updated planning tools, content creation activity and, communication cadence. They also improved their monthly newsletter, deployed dynamic video Facebook ads, and developed formal partnerships with YouTube influencers. Thru these activities, PYI delivered relevant content to create powerful connections with its audience. In addition, the company held collaborative meetings where team members were given tools to improve efficiency and connectively among individuals and departments. The outcome was targetable and personalized interactions that helped lead to a successful rebound from Covid-19.
Impact Washington is a non-profit organization dedicated to supporting Washington manufacturers to work smarter and to prosper. Since 1997, we have delivered 3,000 value-driven improvement solutions to more than 1,500 of Washington’s small and medium-sized businesses, helping them compete and grow.
Impact Washington is affiliated with the Commerce Department’s National Institute of Standards and Technology (NIST) and is part of the Hollings Manufacturing Extension Partnership (MEP) Program. With centers in every state, the MEP National Network serves as an outgrowth of the U.S. Government’s policy to develop and deploy affordable manufacturing expertise for improving the competitiveness of manufacturing for small and medium-sized companies (SMMs)
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