Sunday, February 15, 2009

Does Your Marketing Plan Address All the Right Areas?

A top-level marketing plan must address all areas of marketing, even the often forgotten areas. To evaluate the effectiveness of your company's plan, answer the following questions.

Who? - Who will your plan specifically target?
Where? - Where do you find your customers?
How? - How will your customers find you?
Why? - Why should your customers buy from you?
What? - What do you have to offer that differentiates you from your competition?
When? - When will everything in the plan happen?

How do you know?
1. How do you know which marketing efforts are working?
2. How will you track the ways in which customers find out about you?
3. How will you know if your marketing and sales teams are doing the right job?
4. What will you immediately stop doing?

What information should you use?
1. What has worked for you in the past?
2. What are customers telling you now?
3. What is your marketing cost per new customer, for each marketing pillar?
4. What are your strengths, weaknesses, opportunities, and threats?
5. What drives your company's economic engine?

What areas are missing from your plan?
1. Did you consider the impact of customer service on your current and future customers?
2. Does your plan contain any customer retention initiatives?
3. Does your plan address an increase of sales dollars and sales attempts per customer?
4. Did you consider your competitors' offerings?
5. How do your individual marketing pillars tie together?

Do you have adequate training at all levels of the organization?
1. How will you train all of your staff on customer service, retention, and sales?
2. How will you train your sales team to use influential sales tactics to increase customer value?
3. How will you train your marketing and promotions team to create killer headlines?
4. How will you educate all levels of the organization on the efforts of the other departments?
5. How will you ensure that everyone understands how to sell your products.

Your marketing plan will need to consider all of these questions. It will also include a complete list of all marketing, promotion, and sales efforts, along with a strategic time-table for each. The marketing plan is a complex piece of the organization's total strategy. A complete and effective plan is the necessary first step for the marketing team.

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