Do You Have A Marketing Plan?

Not having a marketing plan is like building a home without a blueprint, you may get the job done, but it will be completely by accident. I don’t know about you, but I don’t want to rely on an accident. I want a sound plan so I know what steps to take and when.

So how do you create a marketing plan that will work? You take from those that are successful and see how they have done it. No matter what your niche there is someone that has been there and done the ground work for you.

A good marketing plan must start with connections and the best way to make connections is with social websites such as Facebook, Twitter and LinkedIn. If you don’t have an account with these three I suggest you get one fast. Set up your profile on each as completely as you can. This should be step one for anyone with an online business and where you should start.

Any marketing plan for an online business also needs backlinks to make your presents stronger. The easiest way to get backlinks is from forums. Be sure to select one that is clearly in your niche. Look to your favorite search engine for forums that fit, then monitor them for a while to get a feel for them. Once you feel comfortable with it start a thread or post comments to thread that are already there.

With any marketing plan there must be strategy for getting traffic, either free or paid. Free traffic comes from search engines and SEO practices are responsible for your success here. Paid can be anything from PPC or banner ads. Either method will get you targeted traffic if done right and advertising is something that has to be included.

Keeping to your plan is something you have to commit to from its inception. If it is sound it will work, but you have to give it time. Once you have started you need to stay consistent. It has to do with branding, which is mostly about name or product recognition and included in every marketing plan I’ve seen that was effective.

Since it is so important to your success it must be carefully constructed, including not only getting traffic, but converting traffic. This is where copywriting comes in to play. If you don’t know much about copywriting I suggest you learn or put hiring a good copywriter in your budget.

Every online marketing plan should include:

  • An easy-to-navigate website
  • Identify your target audience
  • Strategize to get traffic to that site
  • Any ideas to brand your name or product
  • Identify your strengths and weaknesses
  • A budget to pay for advertising and copywriting
  • Look at areas that need to be outsourced
  • Develop the basics of marketing
  • Determine how to combat your competition
  • Prioritize your basic steps

Each and every year you need to review and reassess it. Scrutinize each facet of it to see what worked well and what did not. The strategies that work well should be analyzed to see why it worked and how to make it better. Also look at any way this strategy can be utilized in other areas of your marketing efforts.

The marketing plan is the lifeblood of a business. Its success is determined by the research done at the onset of the planning process. Correct evaluations are a must for its success.

A marketing plan that works well is a beauty to behold for the business owner. Sales and high profits are the reward. Before you do anything you need to assess the feasibility of the product and the best way to do this is by creating it as best you can.

If the marketing plan elements seem to fall into place after your research is done you will know you have a winner. If however your elements don’t seem to look all that promising you will know that you need to rethink your product to change it and make it more conducive before going on with the project.

Once you have a marketing plan you will see just how important it is and why you need to carefully construct it. The real needs of the business are dependent on the marketing plan.