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Executive Summary Marketing Plan

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In conducting workshops, speaking and working with clients there is a great deal of confusion about marketing vs. selling. Many business owners mistake marketing with the process of going to the market to sell your service or product. As a result very few small business owners have a written marketing plan. In the competitive and crowed market place many of us operate in the lack of a plan is a recipe for FAILURE!



So what is a marketing plan? It is a well thought out written document that is a roadmap to drive your activities that result in securing new clients. Without a precise evalutation of exactly what is your target market, what they desire and how to differentiate your company from the competition, your business will get lost in the crowd. This results in a weak prospect pipeline and inability to reach your goals.

If one wants to construct a more complete marketing plan, her is a sample of the questions to ask yourself:

What need in the market place are we fulfilling?

What need or desire is not being met by our competitors?

How can we position ourselves to meet this need?

Do we have a clear concise plain language message?

What specific niche or market are we serving?

How does one point out and convey our unique difference?

How do I package my business?

Do I really have a 'system" for lead generation?

The answers to these questions and many others can change the entire face of your business. One example is in networking. The most frequent complaint is " I go to all these events and meet a lot of people but it rarely brings me any business." What can we expect, if we have not answered the questions above and have not identified our market then how can we expect potential prospects or networking partners to do that?

One other important challenge is that most small businesses do not have a broad marketing action plan to build their awareness. Most of their marketing is what I call "me too" marketing which is simply copying what everyone else is doing and is not working. A solid and successful action plan can only be built after answering the key questions above. While this process can be time consuming the return on investment will be extraordinary.

In summary, if you want to make a significant leap forward in your business then begin by developing a written marketing plan.
Executive Summary Marketing Plan
There's no doubt about it -- keeping up with your marketing tasks can be overwhelming, whether you choose to market via networking, print advertising, or through a strategic set of online techniques. As I have a virtual company and can work with clients from around the globe, I don't like to limit my marketing to local efforts. Having a viable presence online is more important to me and seems to work best for my company. Therefore, I primarily concentrate on things I can do to bring visitors to my website and demonstrate my expertise to them while they are on the site.

Recently inspired by a blog post that I had read, I decided to create a regular daily, weekly, month, and quarterly marketing to-do list. First, I brainstormed a list of ideas of marketing tasks that I perform regularly, and others that have remained on my to-do list for awhile, as I've never gotten around to them. Then I categorized them into either a quarterly, monthly, weekly, or daily task. On the third examination of these tasks, I went through and culled all but those to which I thought I could realistically commit on a regular basis.

Below are the tasks that comprise my online marketing action plan. Add them to your own online marketing to-do list as appropriate, or substitute other tasks that are a better fit for your business.

Quarterly Tasks

1. Send out post card campaign to targeted national media list promoting myself as an expert. Prior to mailing, have VA call contacts to update list.

2. Request testimonials from new coaching clients, membership site members, product purchasers, and speaking gig hosts and update appropriate pages on my sites.

Monthly Tasks

1. Update my blog with new reading lists, recommended resources, products, etc. 2. Update the media page on my site with links to new press coverage I've received, press releases I've submitted, and story ideas I can offer to the media.

3. Write promotional copy for free list building teleclass and have VA submit teleclass to major event promotion sites

4. Create handout for free teleclass and conduct teleclass.

5. Send out at least three feelers for potential online collaborations/strategic alliances or joint ventures with other sites, speakers, etc.

6. Create one new information product and upload it to my sites for sale.

7. Check click-through and conversions with ezine and banner ads and determine whether to renew for another month.

8. Research and find one new online advertising resource to try.

9. Write a press release based on one of my articles and submit through PRWeb.com.

Weekly Tasks

1. Check on my Google, MSN, and ClickRiver PPC ad campaigns to ensure they are still current and relevant and update any bids for any keywords on my list where I have been outbid.

2. Write an article for my email newsletter.

3. Find a great resource to recommend in my newsletter and write a personal article for email newsletter.

4. Send out the email newsletter to list.

5. Publish the article on my website.

6. Archive the ezine to my site.

7. Have VA publish the ezine content on my business blog and on my social networking blogs at MySpace, Facebook, Twitter, and Ning.

8. Have VA submit the main newsletter article to articles banks and distribution lists.

9. Create a podcast from my article and distribute to podcast sites.

10. Answer a reader-submitted question and post response in blog.

11. Create one additional blog post on Monday and set it up to publish on Tuesday.

12. Review my Google Alerts and find a new blog with a respectable Google Page Rank and comment on a post.

13. Do a Google search for keywords that best describe my business and see where my site shows up in organic search. As needed, conduct SEO tweaks on my sites for betting rankings

Daily Tasks

1. Read the blogs to which I subscribe and post comments as appropriate.

2. Review the emails from the discussion lists/forums to which I belong and post comments/questions as appropriate.

3. Log into my social networking profiles at Facebook, Linked In, SelfGrowth.com, Twitter, and Ning and approve friend requests.

4. Spend about 15 minutes each at Facebook and SelfGrowth making friend requests, commenting on pictures or videos, or responding to emails.

5. Send 1-2 updates to Twitter and Facebook profiles about what I'm doing at the moment.

When you have your Internet marketing action plan outlined with quarterly, monthly, weekly, and daily tasks, your prospecting well never runs dry. Many online business owners are so wrapped up in working on their business that they don't make time to work in the business, like performing regular marketing tasks. Consequently, they often experience slow times in their business because they begin to market themselves only when the prospect pool has dried up. If you create and follow an Internet marketing action plan, you'll never be hungry for clients again!

Copyright (c) 2008 OnlineBizU.com
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About Author
Both David Eissman & Donna Gunter are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

David Eissman has sinced written about articles on various topics from Internet Marketing, Web Development and Internet Marketing. David Eissman founder of Guaranteed Growth Systems and the creator of the Growth Accelerator System - "The fuel to get you there faster "teaches business owners and independent professionals how to create a step by step lead generation and sales conversio. David Eissman's top article generates over 3600 views. to your Favourites.

Donna Gunter has sinced written about articles on various topics from Internet Marketing, Property Investment and Nutrition. Online Business Resource Queen (TM) and Online Business Coach Donna Gunter helps independent service professionals learn how to automate their businesses, leverage their expertise on the Internet, and get more clients online. To claim your FREE gift, Turb. Donna Gunter's top article generates over 246000 views. to your Favourites.
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