Tips For Planning Your Small Business Marketing Strategy
/I bet you are thinking – I have only just gotten used to my 2014 Marketing Strategy and I have to lay out a new one! Well, time passes quickly and you are supposed to head forward with it – especially if you are an entrepreneur with your own business. Think ahead and make a plan with clear directions. Obviously, there will be some slight changes to be made to the plan as the time goes on, but all those are minor. As long as you have an idea backed up with a plan – the world is your oyster!
If you are not sure where to begin and what to do, here are some tips to help you out:
1. Be clear about your business goals
When you have a clear vision of things and you know precisely where opportunities lie in your market, you will be able to tell what can be done in terms of your sales goals.
For the best possible results, you need to have specific goals lined up. If you a broad base of ideas, it will become difficult to narrow things down and be productive.
To accomplish the best results, start by making 30-day sales goals. This means you will be able to identify your weekly sales goals easily. When you have numbers linked to your business goals, it becomes way easier to reach a well-defined metric and further design your marketing tactics. With this in place, you will be able to achieve your sales goals easily.
Remember: The more specific you are about your goals, the better the results you will get.
2. Do a SWOT Analysis
SWOT Analysis gives you an opportunity to see the big picture of things. What’s more, when it is done regularly, SWOT will lead you to the specific areas of your business that need improvement.
You already know that everything in life and business is subject to constant change. Some things that used to work to your advantage can easily become the reason for failure in the future. Therefore, use this analysis to get a clear idea of where you’ve fallen short and where you’ve grown. You may also find some new opportunities along the way to make more money, invest and grow.
3. Start delegating
I am sure you have already realized that doing everything alone is not an option especially if you are a business owner and you need to be on top of everything going on. When you have a clear direction in mind of where you are headed with your business, don’t shy away from handing some of the work to those who can help, it won’t really matter which task you pass on to another person, as long as they know how to handle it. Whether you pass off your business blogging to the marketing team or handle the development of your 2015 budget, you’ll be able to free yourself of certain tasks and focus on what you do best.
4. Think big but don’t force It
Dreams are great but before you start investing your resources to turn them into reality, you need to know where your business is at this point. Compare the current numbers with numbers obtained as a result of your past strategy and past growth. When you know and understand your weak and strong points, you will know what to change and what to upgrade. Take the time to figure out where you’ve improved, grown or even digressed. This will give you an honest glimpse into what is happening in your small business. With all this in mind, you will be able to make a better plan for the future.
5. To succeed… have an action plan
To build a united team that strives for the same things, you need to ensure that everyone is on the same page. When all the employees know what they are to do and what direction the company is headed in, it will be easier for them to give their best. To achieve this, you need a proper business action plan. Remember, once the plan is made, it isn’t just yours to deliver – everyone should be included. And most importantly, everyone should know their role in accomplishing company goals. With such an organization, you will create a sense of accountability in everyone.
With everyone on board, this will dramatically increase your chances of success.
Also, keep in mind that regardless of how much you dislike a certain task – you still need to deal with it. After all, you are not just a businessman anymore. You are a business owner, and as such, you have bigger responsibilities than you used to. The advantage is that you can schedule your time for things you actually love doing.
Author Bio:
Diana Smith is a full time mom of two beautiful girls and a business coach interested in topics related to marketing and advertising. Useful information for this article has been kindly provided by PromoPlanet.