Thursday, April 11, 2013

Errors in Small Business Marketing Plans

Marketing planning cards
Marketing planning cards (Photo credit: plantoo47)

Do You Make These Errors in Small Business Marketing Plan ~ http://www.lpcmarketing.com

A marketing calendar is necessary to any profitable business. It is the heart of the business, the starting point from which all other operational and management plans are derived. Advertising and marketing gives you a wealth of meticulous information that can ensure your success.

1. Organization

The first advantage of a small business marketing plan is just plain taking a look at your business in terms of profitability, what your advertising is or is not accomplishing, and determining exactly what you want your business to be.

A complete marketing plan is the focal point of all business endeavors because it describes how you appeal to and retain clients, patients, or customers - the most crucial aspect of any business.

By organizing a marketing calendar, you will keep any responsibilities in house that you do well, and contract out any tasks that take away from your core business strengths.  Delegate.

2. Marketing Plan

For small businesses, a marketing plan should cover one year. For small companies, this is often the best way to think about marketing. Things change, people leave, markets evolve, customers come and go.

Determine in advance how much you have to spend, since that can have a major impact on the strategies you decide to put into place.  Budgeting and deadlines for every marketing activity are essential.

You do not need fancy charts to develop effective marketing. But you do need a plan. A marketing plan offers you a roadmap that can drive action to your business goals.

3. Knowing Your Niche

Numerous advantages can be extracted from the marketplace if you know how. The small business marketing plan is an outstanding tool for identifying and developing methods for taking advantage of these advantages.

4. Testing

Include benchmarks in your plan. Use these benchmarks to take stock of whether or not your marketing efforts are paying off or if you should rethink your approach.

"Half the money I spend on advertising is wasted; the trouble is I don't know which half." John Wanamaker ~ http://www.quotationspage.com/quote/1992.html

5. Responsibility

A good quality marketing plan holds everybody accountable.  When using any marketing plan outline, there are customary questions that force you to form a long-term vision for your business. If you do not hold yourself responsible, your competition will not either.  But your customers may

Benchmarks also help keep your workers and vendors on the same page, with each and every one working toward the same objectives.  Make sure you recognize who is going to perform exactly what and exactly when they need it to be finished.

A good quality advertising and marketing calendar is more than a simple step-by-step of online and offline promotion.  Marketing and advertising is part art, and part science.

Come to LPC Marketing to learn more about a small business marketing plan, as well as using reputation marketing to boost your SERPs and prevent having to deal with reputation management.

http://lpcmarketing.com/

Tags:  example of marketing plan for small business,how to make a marketing plan for small business,marketing plan sample for small business

Enhanced by Zemanta

No comments:

Post a Comment