7 Easy Steps to An Effective Marketing Strategy For 2011
January 01st, 2011
Hi All!
The New Year is here…are you ready with a Marketing Plan and Strategy to enter 2011 organized, poised for revenue growth and career success? If you are, fabulous!
However, if you’re like many of the new clients who hire me, you’re probably “hoping” 2011 will be better but don’t really have a plan to make it happen. You may even know your previous marketing efforts have been ineffective, but have no clue what to do to fix and improve them.
Oftentimes, I find that small business owners, speakers, authors, coaches, consultants, etc. are good at what they do in their profession, but aren’t that great at marketing themselves, their businesses, and/or their products. They run in circles in a “reactive” mode (versus create a strategic plan) and then wonder why they are struggling to land new clients, sell books, secure speaking opportunities, or generate more income for their businesses through other avenues.
If any of this resonates with you, keep reading!
Here are 7 steps to help you create an effective Marketing Plan and Strategy for the New Year:
- It’s time to really research your target audience. Do you really know what your customers and potential customers want? Do you have a profile that describes your “ideal” customer/client? Or, perhaps you want to expand out of your current target audience and find new types of clients. For example, maybe you’re a Coach or Consultant and want to start attracting clients who are willing to pay higher fees for your services. Do you know “who” they are and where to reach them? You can’t effectively market to them if you don’t know all of this important information first!
- Research your competition. Sure, this may sound like common sense but many small business owners don’t take the time to do this. What do your competitors offer? What do they charge? What products or services do they offer that you don’t? What types of marketing strategies are they using that could also benefit your business? Not only is it good to know what they’re offering and their pricing, but you can get fresh ideas for marketing your business by learning from their strategies.
- Focus on what makes you “unique”. Back in college when I was an Advertising Major, one of the key phrases mentioned in my classes a lot was “Unique Selling Proposition” (USP). It’s still a key phrase and used by major Ad Agencies a lot when working with a new client. What’s your USP? Great, you’re a CPA, lawyer, landscaper, speaker or executive coach…but so are many other people! So, what makes YOU different? Find your USP, focus on it in your branding and marketing communications, and “own” it. Making yourself different from all the other people who offer what you do can be the difference between struggling or excelling this year.
- Outline your marketing goals. You can’t create an overall strategy if you don’t know what you want your marketing efforts to accomplish! You want to write down specific goals, such as: Secure 2 paid speaking engagements per month; land 4 new clients per month; get 75 new subscribers each month for my e-newsletter; or attract more targeted fans on my Fan Page and get 100 new “likes” per month. These types of targeted goals will enable you to start thinking about “how” to accomplish them…and this leads to determining the strategies, messaging offers, and marketing mix you’ll use.
- Determine your marketing mix. Once you’ve determined who your target audience is, what makes them tick, where you can find them, what your competition is doing, and what your USP is, you can develop your strategy for reaching your marketing goals. Create a list of 3-6 strategies, ranging from email, social media, sales calls, direct mail, online services, speaking at events where your audience attends, writing articles, PR, finding strategic partners, etc. Don’t feel like you have to use everything! Pick a few, focus on them, and implement them.
- Develop your plan. Once you’ve determined the mix of tools you’ll use, you can focus on implementation, messaging, frequency, budget, etc…this becomes your actual Marketing Plan! Work backwards from your goals, and chart your map for the year…what will you be doing each day, month and quarter to reach your goals using the mix of tools you determined? Example: You want to do eblasts. How many per month and what will you send? You want to speak at association events to reach potential clients. But what are the associations and what is the presentation topic you’ll pitch them? You want more “likes” on your Fan Page. Will you develop more strategic partners to help you achieve this? Run ads on Facebook? And if you decide to run ads, what is your budget and what will your ad say? You have to write your Marketing Plan so you have a direction!
- Evaluate, measure and assess regularly. Marketing Plans are not set in stone! You can change a strategy in your plan if it’s not working well. You have to! But you can’t even get to the point of “being strategic” about your strategies if you don’t start with a plan and monitor the results.
Sure, this 7 step process is a simplistic approach (there are some Marketing Plans that are much more detailed and complex), but you don’t need to make it complicated; that’s what can scare you from even trying to create a basic plan! I’ve helped clients outline an effective Marketing Plan in an hour, so trust me when I say this doesn’t have to be a drawn-out process.
I don’t care whether your plan ends up being one-page or 50…just make sure you have some sort of strategic plan so you enter 2011 feeling more organized and in control of your new year! And here’s a link to a Marketing Plan software solution that can help you: Marketing Plan Pro.
Cheers to a Prosperous New Year and Happy Marketing!
Lisa
Tags: book marketing, business coach, marketing consultant, marketing strategy, small business, small business owners, write a marketing plan
This entry was posted
on Saturday, January 1st, 2011 at 3:22 pm and is filed under authors, branding, Business Coaching, Business Tips, marketing, PR and Publicity, sales, social media, Speaking.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply
