Being strategic and thinking strategically in developing your marketing plan means you understand the needs and desires of your clients and customers, and you show them how your product/service satisfies those needs. You must know:
what value your product or service offers and what benefits it provides; what differentiates you and your product/service from the competition; who are your stakeholders, which may include: your suppliers, your bank, your subcontractors or vendors, your associates, your staff, your clients or customers, and of course the general public; where your clients and customers are located geographically; and what are the most effective distribution channels to deliver your product or service? When developing a strategic marketing plan, your strategic thinking business coach provides the following ten (10) strategic marketing tips.
Strategic Marketing Tip #1: Develop a strategic plan with a clearly defined and focused vision and mission for your business, along with core values and goals
As the foundation for all your business, marketing and other plans.
Strategic Marketing Tip #2: Develop a Strategic Action Plan that breaks down your goals into tasks with assigned leaders and completion dates.
Strategic Marketing Tip #3: Develop strong relationships with your stakeholders. People want to do business with people they know or with whom they have a positive relationship.
Strategic Marketing Tip #4: Be positive, persistent and patient.
Strategic Marketing Tip #5: Focus your primary marketing efforts on existing clients and customers since they are already doing business with you.
Strategic Marketing Tip #6: Develop and implement an Integrated Marketing Communications (IMC) plan.
Strategic Marketing Tip #7: Develop your Unique Selling Proposition (USP) to differentiate you and your business from the competition.
Strategic Marketing Tip #8: Make effective use of the Internet by having an effective website.
Strategic Marketing Tip #9: Develop and implement an evaluation program for your marketing efforts and commit to continuous improvement of your marketing
program.
Strategic Marketing Tip #10: Develop and implement a customer contact management system to promote Top Of Mind Awareness (TOMA) as part of your marketing program.
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