By Lindsay Gallmann
January 2012 - a clean slate. How will you use it?
Developing an annual marketing plan is one way to start the year
off on the right foot. And a plan balanced in structure and
flexibility will pave the way for your journey through a year of
triumphs. We know the hardest part to any project is getting
started, so here are some tips.
Review and Reflect. Before deciding where to go,
take a look at where you've been. Reviewing the past year
will help you sort out priorities. Set aside time to answer
the following questions:
- Did you achieve desired results?
- Which specific marketing activities were effective? Which
ones were not?
- Did you use proper resources? Were they reliable?
- Has your target audience changed?
- Did you stay within budget? Where do you need to cut
costs? In what areas should you invest more?
Reflecting on last year's strengths and weaknesses will reveal
themes, which you can use to help set more practical goals for this
year. But don't spend too much time dwelling in the
rearview. That was then, this is now.
Organize. Now it's time to build your plan.
Start by pinpointing essential categories for the structure.
Some typical examples include:
- Advertising - print, online
- Collateral - sell sheets, brochures, business cards.
- Events - trade shows, webinars
- Direct Marketing - email, direct mail, list generation,
promotional incentives/contests
- Research - focus groups, surveys, marketing reference
books.
- Social Media - Twitter, Facebook
Choose components most suited for your company, and be sure to
identify all potential categories as well. You
may not see a need for a social media category now, for example,
but you should brainstorm how to handle this area if, for instance,
loyal customers become more involved in social networking.
Set goals.
You are now ready to set objectives - what does your
company want to achieve and when do you expect to accomplish
results? If you need direction, try setting goals within the
bounds of financial budgeting. Also, make your goals
quantifiable, something you can measure - volume, money value,
percentage. This will help later when evaluating your
strategies throughout the year.
Strategize. It's game time. If a touchdown is
the objective and a 20-yard pass is the strategy, one tactic may be
to fake a pass to left. Another tactic may be to block for
the receiver. Your marketing plan strategies and tactics
should state how you are going to achieve your goals
and objectives. For example:
Objective 1: Increase product awareness among audience by
30 percent.
Social Media Category:
Facebook Page
Strategy 1 - centralize
Facebook Page theme on the product.
Tactic 1 - Post a
product-related trivia question in status daily.
Tactic 2 - Add a Facebook
"like" button to each product-related post on web site.
Tactic 3 - Start a Facebook
group for the product.
When strategizing, don't forget to consider the
audience. Who are you trying to impact? Determine
tactics to reach them. Do you need to diversify your approaches
between potential customers and loyal customers? Also,
timing is everything. If used at the wrong time, a
great strategy will go unnoticed, but a decent strategy used at the
right time could make your year. Schedule activities
according to the cyclical seasons - economical, natural, commercial
- that influence your audience.
Evaluate. You should also develop methods for
tracking your activities throughout the year. Doing so will help
you monitor the effectiveness of your tactics and strategies.
When evaluating data, don't be too hard on yourself. There
are always variables working against you. Just work even
harder to find the variables that are working for you. You
may also need to make adjustments to your annual plan throughout
the year, and that is ok. In fact, it is essential to
successful marketing. Look at each change as an opportunity
to improve your strategies. And as you fine-tune throughout
the year, always look up with optimism.