By Joanne Kuipers
There are several
keys to developing a strategic marketing plan.
The first step is
to define who your target market is. Who is your ideal customer? You cannot
effectively go after everybody and be successful. You cannot be everything to
everybody. It just doesn’t work. The businesses who become profitable know who
their niche is. Look at what the demographic is of your ideal customer, whether
it be their gender, age, income level, geographical location, sports or
hobbies, interests, etc. Keep your target market in mind when promoting your
business.
Next you need to
decide how you are going to market or promote your business in order to get
customers. You also have to know how much money you will need to budget for
this and plan this out a year in advance.
Look at what your
competition is doing in order to get business marketing ideas . Do they promote
heavily in print or do they use an internet marketing strategy.
Ask yourself
``where or how would my customers look for my type of business or service``.
Another important
step is to develop a mission statement. It does not have to be lengthy, it just
has to define who you are and what you stand for as a business. Why you are in
business. This will also help to keep you focused.
There are several
inexpensive small business marketing tips you can use to promote your business
such as having a referral program, become an expert in your field by writing
articles for blogs and local print media. I would also recommend using web
marketing strategies. Internet marketing is becoming more and more important
and if done correctly is one of the least expensive ways to promote your
business.
You may want to
implement a referral program where you would reward your current customers when
they get a new client for you. It could be monetary, gift cards, simple thank
you note. You decide how valuable this is for you. Or simply, get into the
habit of asking for referrals!
Write articles
and get them published in your local newspaper, magazines, or on-line. This is
free publicity and it works! People are more likely to read an article than
look at an ad, and it gives you credibility.
This is a great
way to promote your business. It is very cost effective. The first thing you
need to do is get a website. I recommend building it with search engine
optimization in mind from the beginning. You do not want to have it redone
later on if you want it to be optimized. Some web designers say that they can
do this but you need to find someone that does it all the time. The search
engine marketing strategies are always changing so you need to hire someone who
is doing it every day. There is a lot of competition out there. By using an
effective internet marketing strategy you will have an edge on your
competition!