
Regardless
of how large the gap is between where you are now and
where you want to be, in most cases, implementing highly
effective marketing will close that gap faster than any
other activity.
For most, mastering marketing comes at
a heavy price of many years of expensive trial and error.
You have probably already discovered that you can’t
become a masterful marketer by reading books, listening
to tapes, watching videos, or going to seminars. Knowing
how to implement effective marketing requires first-hand
experience.
From my personal observations, and from
discussions with other marketing gurus and super successful
business owners, I have found that there are four areas
that are fundamental to successful marketing.
They are:
- Creating a Strategic Marketing Plan
- Developing an Optimal Positioning Strategy
- Determining the Exact Marketing Tactics
to Use
- Implementation (Goal Setting, Planning,
and Action)
Creating
a Strategic Marketing Plan
“In order to engage in successful
marketing, you absolutely must start out with a marketing
plan. Rest assured, the difference between many a
success and failure is market planning and nothing
else.”
~ Jay Conrad Levinson
Author of Guerrilla Marketing
Most businesses don’t plan to fail.
They simply fail to plan. Marketing planning is crucial
to your success because it connects you with your customers.
The most important part of your business enterprise
is your customers/clients/patients. Without them, you
don’t have a business.
A Strategic Marketing Plan is your blueprint
for connecting your target market to you. It is the
entire layout of how all your marketing activities fit
together to produce the ultimate result/outcome that
you are continuously after.
Note: This fact may surprise you. In a
recent survey of owners of businesses and professional
practices, 94% admitted that they did not have a formal
marketing plan. Is it any wonder why less than 2% of
business and professional practice owners are financially
secure?
Developing an
Optimal Positioning Strategy
Positioning in its simplest form is no
more than the way your customers/clients/patients think
of your business or professional practice. Optimal positioning
is gaining top of mind awareness of your target market,
so that your business or professional practice naturally
comes to mind when they have a need for what you offer.
There is a subtle but powerful difference between positioning
and optimal positioning.
The keys to Optimal Positioning
are:
- Focus
- Congruency
- Consistency
- Advantage
- Fulfillment
Focus
- that your position is clear and easily understood.
Congruency
- that you establish positioning you can carry out through
everything that you do.
Consistency
- that you are going to stick with your positioning
for a long period of time, to build understanding rather
than create confusion
Advantage
- that the positioning gives you some competitive or
persuasive advantage with your target market.
Fulfillment
- that you can and will deliver on the promises
stated and/or implied in your positioning.
Determining the
Exact Marketing Tactics to Use
There are two steps in determining the
exact marketing tactics to use. The first step comes
from experience, study, and observation of successful
marketing tactics being used in yours and other industries,
and consists of determining which marketing tactics
to use. The second step comes from understanding how
to apply these tactics to your specific business situation.
Marketing tactics are the steps, actions, means, or
measures that you use to achieve the goals of your strategic
plan.
Implementation
(Goal Setting, Planning, and Action)
In every market, 20% of the businesses
control 80% of the potential revenues in that market.
The top 4% control 65% of the market. Think about that
for a moment. What separates the top 4% from everyone
else is their ability to take action and measure their
progress on a daily basis.
The prerequisite for committed daily action
comes from proper goal setting and planning. Setting
clear and concise goals and then breaking them down
to monthly, weekly, and then daily outcomes.
As a coach, this is the step where I have
the greatest value to you, and that is to ensure the
successful implementation of your plan so you will achieve
your goals.
When you look at your existing marketing,
how many of these four areas are you utilizing in your
business or professional practice?
The primary difference between a thriving
business or professional practice, and one that struggles,
comes down to how well the owner understands and executes
these four strategic marketing areas. It is the formula
for marketing success.
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