What to include in your marketing plan

Marketing plan is actually your how-to guide for your marketing, advertising and business development. This can be a few months or a few years depending on the purpose of the marketing plan and the company strategy so hang in there!

However you should be aware that not one universal marketing plan fits all businesses and all scenarios – Instead, I feel that the structure for any marketing plan for a business is based around the following planning elements:

Step 1 – The prospective target market or audience and the specific marketing objectives. In other words who your ideal customer is and what would you like to achieve – start as simple as that before you go into specifics of when, how often, where, how much etc.

Step 2 – The type and structure of your company will set the planning horizon as well as the marketing and business growth strategies and tactics.
For example, a small business requires a completely different set of tactics and approaches compared to a large global corporation that markets to customers in various market segments worldwide. The small business plan might be quite uncomplicated, specific and actionable in a few months because the small business is more flexible and adaptable whereas the large organization needs more time to change its marketing strategies because market development, product development, etc take months for bigger business. There is also the issue of internal communication i.e. the larger the organisation, the more the need for communication and “buy in.”

Step 3 – The market structure. You should carefully evaluate your key competitors and other stakeholders like vendors, legal, social influence…so that you have a clear picture of what you’re up against. Every market is full of “noise” so must know where to make yours and how loud!

The old adage of failing to plan mostly meaning planning to fail is very true when it comes to effective marketing.

 

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2016. Look at these marketing ideas to make it a good one

I don’t know about you, but I have received countless email campaigns so far this year offering to “increase my sales in 2016” or “improve my website” or “increase my rankings.” Now I know that these are from companies playing the numbers game and blasting thousands of emails addresses from some sort of purchased list, but I am curious to know whether they actually get engagement.

Have you received these types of emails and, if so, what action do you take with them? My inclination would be to say that they get deleted fairly quickly. However, what would happen if you were wanting to improve any of the marketing areas the email you received suggested; you were “in the market” so to speak?

A lot of marketing in January contains some sort of resolution or objective for 2016 so if you were in the market, the category of the email would suddenly change from being junk or spam to being relevant and may well hang around in your in box. It is unlikely that it would be acted upon, but it may well get you thinking.

Now apply this sort of approach to your own business. Do you email your clients and prospects offering to do something for them or promoting a new service you are offering? If you’re not doing this, then you could be missing a trick. For 2016 instigate some sort of plan to market to your targets. Email marketing is all about relevance and timing. It shouldn’t be a numbers game that becomes a spamming exercise. Construct a clean database and categorise the recipients and tell them something relevant and useful. If you’re not doing this, then you can bet your competitors are!

Another marketing consideration for 2016 is to make sure you have a consistent brand and reputation online. For example, are all your social networking platforms up to date and displaying the correct information? With regards to messaging and tone, are you just spouting a monologue from Twitter full of facts or are you engaging with people and connecting with them?

Customers these days are able to huge amounts of due diligence online before they make a decision whether to contact you or not so make sure your website looks modern, says the right things and can be viewed on all platforms including tablets and smart phones. It is also worth asking for reviews from customers (providing the experience was a good one!) and displaying these reviews on Facebook.

Finally, if the turn of a new year has re instigated your enthusiasm and you want to expand or reach a certain new goal, invest in marketing yourself and your business. 2016 doesn’t mean that you can just do what you did last year with the same website, logo, advertising etc and expect the market to change. My suggestion would be to try and get a totally independent view on where you are in your marketing activity. Engage a marketing professional if need be and work together to construct a realistic and fully costed plan.

By looking at these marketing areas, I am confident that 2016 will be a great year!

You can only initially sell a meeting

No matter what sort of sales and marketing strategy you implement, it is highly unlikely that any of the activities will result in a direct sell. In fact, making a sale shouldn’t actually be your objective. In my experiences, it just doesn’t work like that in professional services.

The aim of your marketing activity i.e having an optimised website, running a targeted advertising campaign, implementing direct marketing, holding a conference, making “cold calls” etc etc should be to get you infront of your prospect.

Bath Marketing Consultancy sees the marketing initiatives as a means to an end not the end in themselves. You should be employing them solely for the purpose of getting you to that all-important first meeting. Yes, advertising can be sexy, design can be pretty, PR fabulous but keep the purpose in the forefront of your mind: “I want to meet that person!”

Your aim should be to meet this person (or people) before your competition does and it will undoubtedly help if a meeting takes place against a background where the marketing messages you want to convey have already entered their brain! Your marketing, therefore, is preparatory. It is implemented to soften up your suspects, to turn them into prospects and ultimately clients!

Makes sense? If you need any help with your marketing, email me direct and I will come back to you or fill out our contact form………..

Advertising on a limited budget

I am pretty sure that this post applies to the vast majority of us in that using advertising as a route to market is probably not at the top of the list and, even if it is, the budget is going to be small. This means that, if you are going to use advertising as part of your marketing strategy, you probably need to get as much bang for you buck as possible.

So…..imagine you are a plumber in and around Bath – i.e. some sort of service company. Your budget for marketing as a whole is probably £5k per annum so you’re probably very tempted to use the local free-sheet (because it is cheaper than the local paper) and something like the local Parish magazine. Neither of these are, in my opinion the most cost effective way to spend your small budget as the need for something like a plumber is occasional and only usually once something bad has happened. Therefore, the 2 main areas to invest in are something like the Dentons Directory and online as people use these when actively looking for services.

But…….these 2 platforms are probably exactly where every other plumber with any intelligence is also advertising so how do you make your advertising stand out?

If we take advertising in this case, all you have to do is ask yourself 2 simple questions (the answers are probably more tricky than the questions!) 1. Why should anyone flicking through the plumber section phone me? 2. What do I offer that no one else is offering?

The answer to these may be functional – “we guarantee to have someone round within xx minutes or we’ll do it for free.” The reasons may also be non-functional – “all our plumbers are clean, well presented, transparent and clean up after themselves.”

The next step is to make your ad look good, professional and then make your phone number/contact details stand out. You’d be surprised how many companies do not do these basics!

I will address the online side of things in the next post!

If you like this post and need some help, please get in touch with us on 01225 436426.

You are all individual!

In my experience, the vast majority of clients think that they have unique problems and that their needs are “special” and, as a result, they tend to buy “a la carte” solutions because they are looking for a particular solution to their own, unique problem.

As a supplier or problem (or service) solver, you should try and avoid offering an off the shelf solution as part of your services as you simply wont appeal to the majority of clients as they want to be made to feel special.

The best and most successful professional services suppliers know this and a part of their marketing approach they aim to get the message across that they have the potential answer to the problem…….. i.e “I can help you!” You should be looking to say to prospects that your solutions are customised/tailored to meet their needs. After all Mr Prospect, if I cant, why am I in business?!

There are 3 key rules when dealing with new potential business –
Understand the problems
Offer the professional solution
Minimize any uncertainty

If you can really help…..and you can sell……..then success in business is almost assured! Remember, while you are pondering about what to do, when, who to work with, how much to spend etc, your competitors are very likely to be planning an assault on your clients. The downside of working in a service related industry is that you are only as good as your last job so act now.

Another point to remember is that “you” are most likely a professional first, a sales and marketing person second and this means that it is not deemed as failure if you need help in the form of marketing consultancy!

Plan your marketing and stand out from the crowd

In business one of the key aims must be to turn a “suspect” into a “prospect” and then into a paying “client.” Competition is increasing in every sector and the emphasis on providing a great package to clients has never been stronger. You can pretty much take it as read that clients simply do not want to part with their hard earned cash unless they really have to and the days of them flicking through the Yellow Pages to find someone to help them are long gone. Reaching and retaining new clients are not only the key to business success, but these clients also play a huge part in on organisations’ on-going marketing.

I read recently that the general feeling among clients is that differentiation is lacking between the offers made to them and you will find that your competitors are not as active as they should be when marketing themselves so Bath Marketing Consultancy feels that organisations who make a concerted effort to stand out will have a major advantage when it comes to attracting new business.

In my opinion there are probably 3 ways in which you can “lose” business –
You can lose an existing client
You can have your proposal rejected in favour of another organisation
You can fail to be invited to pitch/tender
…and it is this final reason which is the worst because you haven’t even got to stage 1. As I have written in a previous article (Leaky Bucket), your objective is to keep the bucket full of water; to overflowing if possible, but the bucket has a hole in it and this means water will leak out. In this case the client is the water and it is almost impossible to plug the hole.

However, do not despair! With the right planning, you can make the diameter of the hole very small indeed.
Contractual agreements, proper client maintenance and servicing all go some way to facilitating this. On the flip side, there is also the danger of opening the tap above the bucket and letting new business flow in continuously neglecting existing clients as a result.

If you truly believe in new business the only way to look at things is to consider every existing client as vulnerable and new business as a constant need. In addition, no matter how busy you are at the present moment, you must sell for tomorrow. If you wait until a time when your business is less busy, it will be too late!

Make sure you put real effort into making yourself (and your business offer) remarkable. You must stand out vs all the competition and you must put a real marketing strategy in place which will keep the tap turned on at the right speed!