Wednesday, March 18, 2009

The Basics of a Solid Marketing Plan

By Michael Fleischner

In order to succeed with a basic marketing plan you need to concentrate on some core elements of a plan that targets the right audience and produces a specific result including lead generation or sales. For your marketing to produce results you should consider using multiple media formats.

There is so much competition today that the messages you use need to be incredibly focused. The impact of any campaign is highly correlated to the quality of your list and the effectiveness of your offer.

After spending many years trying new things, I've found that marketing results are relatively consistent when sound marketing techniques are applied. These techniques are effective in any industry and any apply to any type of campaign you have. Consider building your marketing campaign using the following strategies:

Set specific marketing goals. Before you start, think about what you want your marketing campaign to accomplish. Most marketers focus on conversion but you need to define what that means for you and your campaign. Some marketers are looking for a sale while others are looking for a download. Before you get started, consider what action you want your respondents or visitors to take and how you are going to measure the result.

Focus on segmentation. Do not attempt to market to everyone. Choose a specific segment and focus your energies there. If you do, your campaign will be more successful. You can increase your chances of success tremendously when you focus on a specific market or niche. Review your current customer and find others like them if you wish to generate a positive ROI.

Identify key messages. What are the key messages that resonate with your audience? Have you used successful headlines or email subject lines in the past? If you have, use these as a baseline and build from there. You need to speak in the language that resonates with your customers if you are going to get their attention and gain their trust.

Determine which offers you are going to test. The only way to ensure a successful marketing campaign is by testing various offers. The offer is a key component for driving results and can always be improved. Your best bet is to test multiple offers by splitting your list, your web visitors, or viewable audience. Once you find and offer that works, try to beat its results during the next campaign.

Use integrated marketing. To get the most from your marketing campaign, do not rely on a single email, advertisement, or post card. Think about and select the media that your segment uses to get information on a regular basis and purchase the products and services they want. This method can help you determine the best way to reach them. Once you have develop a marketing campaign, utilize as many of these media types as you can to convey your message and offer.

I've discovered that using these marketing techniques are essential for producing a positive return on your marketing investment. In addition, be aware of campaign timing. Even if all of the above criteria are met, your campaign may still fall short if you havent exposed your audience segment to the right message at the right time. It all comes down to timing.

Be sure to review each of the aforementioned steps before creating your next marketing campaign. Your marketing is only going to be effective if you set specific goals, segment your market, focus on key messages, and test a compelling offer. I encourage you to experiment with different media to get your message across.

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