How To Make A Marketing Strategy

With every passing day, technology is becoming more advanced, especially when it comes to marketing strategies. Due to the speed at which digital media can be consumed, there are now many ways to market your business virtually no limit.

With all of these new tools available, how do you know what will work for your company and what won’t? This article will help you by giving you some tips on making a marketing strategy for your business!

If you would like to learn more about how to use social media to grow your business, check out our previous article here. It contains links to helpful resources as well as additional information.

Thank you for reading today’s article! I hope you enjoyed it and learned something new. If you have anything further you wanted us to discuss in the area of online marketing, let us know in the comments below.

Brainstorm your audience

how make a marketing strategy

Now that you have identified your target market, it’s time to brainstorm different ways to communicate with them. You should consider what messages they want to hear, how they prefer to be contacted (phone call or email), and whether they are more receptive at certain times of day.

It is very common for entrepreneurs to get stuck in their own marketing rut. They may be trying the same strategies over and over again, but still getting nowhere. It's time to try something new!

There are many free resources available online where you can gather information and inspiration. Many social media platforms offer free tools to create engaging content. By creating interesting posts and pictures, you will attract new followers who will share your content and help spread the word about your business.

By being consistent and listening to your audience, you will find out if there are any tactics that work for you.

Narrow down your audience

how make a marketing strategy

After you have determined what kind of product or service you want to promote, your next step is defining who your target market will be. This is an important part of marketing because it determines how well your business will do!

You can use statistics, psychology, and even common sense to determine which group of people will need your products or services. For example, if you are trying to find new customers for a clothing store, that is not a good idea to advertise in The New York Times because this paper does not reach many new potential clients.

Instead, try advertising in smaller local papers or online sites that focus more on personal recommendations. These types of sites work because they connect with their readers and cater to them!

Your targeted market should feel as if they are going to get their needs met by your company and yourself.

Make a list of your skills

how make a marketing strategy

As seen above, being able to describe yourself is a great way to begin defining your marketing strategy. But that’s not all you should do!

You also need to determine what types of products and services you can offer others. Are you good at writing? Do some things really well? Can you create an interesting product or service?

By having these and more in mind, you will know what types of products and services you could make money with. You are then ready to start looking into whether there already are products and services like yours out there, and if so, how to improve them to reach more people.

This article will help you get started by giving you ideas for different ways to develop your business through marketing.

Make a list of your products

how make a marketing strategy

Product marketing is one of the most important functions in staying competitive in the ever changing market place that is online shopping.

As a retailer, you will not succeed without good product branding and marketing. You will need to know what types of products are attractive to your audience and how to promote them.

You can use pictures and descriptions to enhance the perception of quality for your potential customers. The more people who view your website with positive reviews, the higher your sales will go!

Your marketing strategy should be goal oriented and focused on achieving specific outcomes. For example, if your main goal is to increase sales, then it makes sense to focus only on ways to do this.

General strategies like promoting on social media or using advertisements are great ways to achieve this.

Decide what your marketing strategy will be

how make a marketing strategy

Now that you have an idea of what kind of business you want to run, it is time to think about how to market it! Before you can really get into all of the ways to promote your business, you first need to decide what type of marketing tactic you will use to spread your message.

There are three main types of marketing strategies – direct, indirect, and social media marketing. Direct means advertising your product or service in a way that directly communicates your message to your audience. Indirect includes using advertisements or announcements to let others know who you are and what you do. Social media sites like Facebook and Twitter allow you to advertise your business by putting up pictures and/or adding and promoting posts and pages for your company.

Direct marketing is great because it creates a one-on-one relationship with your customers, but only if they choose to view your advertisement as informative instead of promotional. The same goes for indirect marketing; unless someone outside of your organization chooses to associate your brand with yours, there is no value in this type of marketing.

Social media ads are very popular source of income at present due to the ease of use and potential large profits, but just like any other form of advertising, people may not agree with the messages you are trying to put out. If you would rather keep your personal life private, then avoid creating a profile on social media sites.

Create marketing strategies

how make a marketing strategy

A few weeks ago, I read an interesting article about how to make better business decisions. The term it uses is “decision making.”

The author says that most people are not good decision makers because they make choices based mostly on emotions instead of logic.

When you lack this quality, then things like saying yes to someone even if you don’t want their help or agreeing to do something you should have known was wrong can quickly turn into more damage than good.

I think there's some sense in which this applies to marketers. That is, sometimes we make poor decisions with respect to marketing strategies because we're too focused on what feels right at the time.

We may also be reluctant to adopt new approaches because we fear what people will say or do to us. This is particularly true for marketers who are sometimes labeled as "social media snobs" or "elitist" due to the popularity of certain tools.

But these types of practices aren't social nor elitist. In fact, they can only improve your market position through engagement. And we all know that a well-rounded person usually wins out over someone who doesn't put much effort into developing his or her skills.

Test your marketing strategies

how make a marketing strategy

A few years ago, you could go into almost any store and find at least one product with “x is our new best friend” as its advertising slogan. That product would probably make no sense to most people, but it would definitely turn up in lots of advertisements and media campaigns.

It became popular because marketers use clichés to convey messages that appeal to their audience.

A cliché is an expression or statement so common and repetitive that we tend to forget how clever it is. For example, when someone says, "You never know what will inspire others," they are using a cliché.

This type of language can sometimes offend some, but it works for us because we subconsciously recognize these phrases as truths. We're not necessarily agreeing with the message, but we understand there's a reason why it's true.

Testing different ways to communicate information to customers is a good way to create engaging content. These tests should be done seasonally (for spring and summer products) or intermittently (to determine which strategies work and don't for your business).

There are several easy ways to do this. You can test changing the color of your packaging or re-branding yourself or your company. You can try various messaging styles and patterns. Or you can evaluate whether or not certain types of marketing tools are worth investing in.

By experimenting with communication methods, you'll learn something about your business every time you launch an experiment.

Improve your marketing strategies

how make a marketing strategy

Even though you may have made some changes to your business model or strategy, that is not a reason to stay still. Keep looking for ways to improve your market position and get more customers!

Running a business takes time. You will encounter many hurdles along the way, but with the right mindset, you can overcome them. Hurdles like lack of funding, no traffic, etc. are things that can be worked around or even changed if you find a way to make it work.

Businesses that survive are those that keep changing and adapting their approach to avoid stagnant growth or loss of revenue.

It is easy to get stuck in a rut when it comes to how you run your business, but don’t let that prevent you from moving forward. Take risks, try new things, and invest time in activities that pay off in terms of improved sales.

There is always something you can do to increase your exposure and reach an audience, especially with technology. Use social media, start a YouTube channel, create free content, add listings to sites and applications, and connect with others to gain insights and promote yourself.

Keep exploring, investing time and resources into projects that can help your business succeed, and remember, you are never too old to begin anew.

About The Author

Juice Beta is ending July 1st! Subscribe before end of month to lock in Juice Plus for 50% off!
$49 $25
Sign up now
Juice Beta is ending soon! Subscribe now to lock in Juice Plus for $49 $25
Sign up now
cross