A marketing plan may not be at the top of every new business owner’s to-do list, but it should be. While a business plan helps map the direction for your company, a marketing plan helps your company understand how to get there by detailing important steps on the road to creating customer relationships.
“The single most important thing for a small business to include in its marketing plan is a very clear understanding of its customers and its competitors,” said Robert Thomas, professor of marketing at the McDonough School of Business at Georgetown University.
Though a marketing plan can be formal or informal, at a minimum it describes who your customers are, where they get information, and how you are going to reach them. Thomas said the development of a marketing plan requires four specific tasks:
The Ice Bucket Challenge was the past year’s best use of Facebook marketing, according to the social network, which just announced its ad award winners. It’s no surprise the viral campaign got so much praise—Mark Zuckerberg even participated.
Zuckerberg was one of the millions of people to douse themselves in ice water to raise awareness for ALS in what became a powerful moment for online marketing. The best part was that it cost the ALS Association no money to generate all that attention—440 million people saw the videos.
The lesson was not lost on Facebook, which is holding it up as an example of how to use the platform for maximum impact.
This year marked the fourth Facebook Awards, which are timed to coincide with the Cannes Lions International Festival of Creativity—starting next week—where the ad world assembles to honor its top creative work.
Wikipedia has been, and will continue to be, one of the best marketing tools for your business. Having a Wikipedia page will not only help lift your brand to the first page of Google, it will also help increase the page rank of your website after it’s linked to your Wikipedia page.
Marketers have been using Wikipedia for years to help clients climb in rank. After all, Google gives quite a bit of authority to Wikipedia; even having a simple link will help with your marketing efforts.
I make my living editing Wikipedia, spending countless hours each day creating and cleaning up entries for various clients. Throughout my time, I have run into the dangers of using Wikipedia as a marketing tool. If not done properly, a page can cause more harm than you can imagine.
Before you jump into editing Wikipedia for yourself or a client, there are a few things that you should familiarize yourself with:
The Biggest Marketing Challenge WE All Face
The biggest challenge we’re dealing with today is change. Things are changing so fast. As a result of this rapid pace of change people do not know who to trust!
There are six questions your prospects want answered before they will buy from you. These questions are designed to allow you to think like your buyer and speak with them so they know you are the right and safe choice.
Why the Six Questions are Important
When I started my business back in 2001, I lacked trust. What I really mean is that I did not know who could help me get clear on my ideal client. Every time I ask someone they said things I did not understand. I was confused and a confused mind does not take action. This is what we’re dealing with.
Stick with me as I talk about things you may not have thought about before. Keep an open mind because, to grow your business, you need to find someone you can trust.
Remember we stated earlier that “trust” is the biggest marketing issue we need to address. This is what marketing is about – helping our prospects to trust us so we can start the sales process.
Let’s jump right in.
Remarketing on YouTube has become almost as commonplace as remarketing on the Web. YouTube is the world’s second largest search engine with over 1 billion active users each month. Perfecting your marketing strategy for such a large platform can have huge benefits for companies, and what many are realizing is that the remarketing aspect of YouTube has huge potential.
It’s ultimately a great way to get a viewer — whether they clicked on your video, subscribed to your channel, unsubscribed from your channel, viewed your in-stream ads, etc. — coming back to your channel as you upload new videos. In the end, this is a great way to generate more quality leads to help you drive your business growth forward.
Marketing is one of the most critical components of your business’s success. You may have a fantastic product or service, but if customers are not aware it exists, there’s no point in continuing the line of work.
In order to make sure your product is exposed to your target customers, you need to develop a robust, killer marketing plan. Once you’ve spent time identifying the four Ps, start adding some elements and details to your strategy. Let’s look at the areas you should focus on when developing your marketing plan.
Each generation uses digital differently to consume content and shop for products and services, and marketers need to understand these differences to target their desired audiences on the devices they are most likely to be using.
Millward Brown Digital surveyed more than 1,000 consumers in three generations (millennials, born after 1980; Generation X, born 1965-1980; and boomers, born from 1946-1964) to see how different age groups favored different screens for various activities.
“What the data demonstrates is that even with our advanced knowledge of digital today, advertisers and marketers can’t make assumptions about how various demographics and targets are using digital devices and mobile to access content,” said Joline McGoldrick, research director at Millward Brown Digital. “It is easy to stereotype and say the best way to reach millennials is on mobile, but that is not always true. As the analysis shows, device usage varies from generation to generation based upon what the activity is. There needs to be a more granular understanding of how activity and type of content dictates preferences for screen usage in order to make a truly effective and efficient marketing strategy.”