Do you need a marketing spark in your business? Have your
attempts to attract the attention of your target market become stale? Are your
customers yawning at the full line of your product and service offerings and
just cherry-picking one or two of them while leaving the rest untouched?
What would you do in this scenario? What changes would you
make to get the sales cycle going again? Some might consider making a change of
their brand by getting a new logo, building a new web site, or creating a
product video that runs on YouTube. Others might shake up their offerings by
getting rid of underperformers and pushing a new line of items. Still others
might fire their marketing department and hire fresh blood. All of these options may be necessary to get
your marketing restarted. However, before you do any of them, you should take
account of what you are doing, what you are not doing, and why your marketing
efforts are failing to gain the attention of your target.
We provide strategic marketing plans for our clients. It is
a process that takes time – which many businesses want to avoid. However it is
a necessary step if you are going to get your marketing heading in the right
direction. It takes a lot of the guesswork out of marketing by trial and error.
It requires the "players” at the company to sit down and think through a
process that whittles away the stuff that isn’t working and produces an
integrated marketing campaign on which effective marketing can launch.
There are five components to a strategic marketing plan that
you should consider
• The strengths and weaknesses of
your business
• The features, advantages, and
benefits of your products/services
• The expectations of your target
market and current customers
•
Your competition and what they are doing to gain market share
• Creating a marketing campaign
that integrates the facts you discerned in all of the previous four areas.
So many times, I see companies avoid this process and try to
get a marketing spark by sheer ingenuity. In some cases, you might get lucky
and that works. More often than not, the effort falls short. A strategic
marketing plan is a place where your ingenuity can be more effective because it
has a focus. It is a great way to get your marketing started again. But it is more
than that. It is a roadmap to keep you on track and a way to measure your
success.
If
you need a marketing spark, start with a plan. If you want to find out more
about strategic marketing planning, contact us by clicking here.