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Posts Tagged ‘Marketing Plans’

How To Develop A Marketing Plan

November 10th, 2009 Blog Writer No comments

If you’re thinking about developing a marketing program, you need to begin with a marketing plan.Having been in marketing for more than a decade, I have seen my share of marketing plans.Some are short and to the point, others are hundreds of pages thick and cost thousands of dollars to produce.

The irony is that many of the expensive marketing plans end up on a shelf and rarely get implemented.The simple plans, if researched and implemented effectively, have the greatest impact.

Regardless of the scope of your marketing plan, you must keep in mind that it is a fluid document.Every business needs to begin with a well structured plan that is based in thorough research, competitive positioning and attainable outcomes.Your plan should be the basis for your activities over the coming months.However, you should always be willing to enhance or redirect your plan based on what proves successful.

Marketing Plan Basics

1. Market Research
Collect, organize, and write down data about the market that is currently buying the product(s) or service(s) you will sell. Some areas to consider:
•Market dynamics, patterns including seasonality
•Customers – demographics, market segment, target markets, needs, buying decisions
•Product – what’s out there now, what’s the competition offering
•Current sales in the industry
•Benchmarks in the industry
•Suppliers – vendors that you will need to rely on

2. Target Market
Find niche or target markets for your product and describe them.

3. Product
Describe your product. How does your product relate to the market? What does your market need, what do they currently use, what do they need above and beyond current use?

4. Competition
Describe your competition. Develop your “unique selling proposition.” What makes you stand apart from your competition? What is your competition doing about branding?

5. Mission Statement
Write a few sentences that state:
•”Key market” – who you’re selling to
•”Contribution” – what you’re selling
•”Distinction” – your unique selling proposition

6. Market Strategies
Write down the marketing and promotion strategies that you want to use or at least consider using. Strategies to consider:
•Networking – go where your market is
•Direct marketing – sales letters, brochures, flyers
•Advertising – print media, directories
•Training programs – to increase awareness
•Write articles, give advice, become known as an expert
•Direct/personal selling
•Publicity/press releases
•Trade shows
•Web site

7. Pricing, Positioning and Branding
From the information you’ve collected, establish strategies for determining the price of your product, where your product will be positioned in the market and how you will achieve brand awareness.

8. Budget
Budget your dollars. What strategies can you afford? What can you do in house, what do you need to outsource.

9. Marketing Goals
Establish quantifiable marketing goals. This means goals that you can turn into numbers. For instance, your goals might be to gain at least 30 new clients or to sell 10 products per week, or to increase your income by 30% this year. Your goals might include sales, profits, or customer’s satisfaction.

10. Monitor Your Results
Test and analyze. Identify the strategies that are working.
•Survey customers
•Track sales, leads, visitors to your web site, percent of sales to impressions

By researching your markets, your competition, and determining your unique positioning, you are in a much better position to promote and sell your product or service.By establishing goals for your marketing campaign, you can better understand whether or not your efforts are generating results through ongoing review and evaluation of results.

As mentioned earlier in this article, be sure to use your plan as a living document.Successful marketers continually review the status of their campaigns against their set objectives.This ensures ongoing improvements to your marketing initiatives and helps with future planning.

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Giblink Revenue Opportunities Exposed

October 16th, 2009 Blog Writer No comments

There are many that would like to have you believe that Giblink is no different that many of the other marketing plans that brag about what they can do for your pocket book but really do little about it. It’s time for the truth – it’s time that Giblink revenue opportunities were exposed for what they really are – ingenious, innovative, and revenue orientated.

Giblink doesn’t just say it will generate revenue for you, it does it. In fact, it has created wealth for many around the globe with over $2 million disbursed to members in the first 90 days. This approach to an online community is considered groundbreaking because it will change the way you do business.

With the Giblink system businesses and entrepreneurs connect. They share ideas and concepts, strategies on how to grow their businesses, and they work together to help each other succeed. This is where you find the connections that will help you grow your business.

The unique thing about Giblink is its revenue sharing program. Here is an environment where members of the community can advertise and promote their business, adding value to the Giblink community. Promoting the community and growing it benefits everyone because the revenue generated is shared with the community members. This makes Giblink unique from other sites like MySpace, Facebook, or YouTube that generate billions of dollars in revenues but share with no one.

The concept has been called “The Dawning of a New Age for Entrepreneurs Worldwide.” This innovative business community has a lot to offer. It is built on the philosophy that change an environment one must change how we deal with competition and cooperating coming up with a fresh point of view that benefits everyone.

The world is a changing place and technology has created an entirely new way to do business. Now we can easily reach all corners of the globe and communication is only a mouse click away. Until Giblink connecting with similar businesses was difficult at best and often unachievable. Giblink bridged those gaps bringing together individuals from around the globe using social networking and business networking.

What Giblink was able to do is unite a fractured global marketplace providing opportunity for anyone who wants to take their business to an entirely new level. Giblink provides the infrastructure that is needed for a business to be able to successfully expand into different areas of web services. This turnkey solution provides all the tools to break the barriers business has previously experienced.

What makes Giblink unique from other similar communities is the fact that it really is committed to building a true global community made up over entrepreneurs that woven together like fine silk. It has taken the internet’s power and spread it among entrepreneurs forming a collective intelligence.

The goal of every business is to generate profit no matter which part of the globe they are and no matter what type of business you run. Only a small portion of the market share is necessary to generate revenue with internet advertising and web services. A concept not neglected by Giblink. In fact one of the reasons for its success is that it is so forward thinking.

If the time has come to increase the revenues for your business or maybe you are ready to give up your 9 to 5 job and let the entrepreneur shine. One thing is for certain, if you could use a little more income and a lot less work, then you should find out more about Giblink. Don’t you deserve it?

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Tips On How To Carve Out Your Niche In The E- Commercial World

July 29th, 2009 Blog Writer No comments

If you are a business entrepreneur, you will be well aware about the chances you are taking to make your Home Based Business Idea a success. Numerous hours of Internet Marketing and professional coaching might not bring in the expected results. Marketing experts after years of research have found that the most viable formula which will guarantee success is to test, tweak and change your marketing plans until you come up with the right formulae for success. Before you read on to rest of the article, it is crucial to realize that your business is unique. Hence unique marketing plans are required to optimize your marketing strategy and to bring in more sales.

Read on to find out 5 steps which will make your business unique.

1. Note down your unique selling points
First and foremost, identify your forte. Make a list of your qualities, characteristics, skills and abilities. Take care to include as many specific details as possible. Take a few moments to answer the following questions.
• What is my business?
• What is the purpose of my business?
• Does my business deal with self improvement? Life enhancement? Wealth accumulation?
• Does my business help in solving thee biggest hurt and pain of my clients?
• What skills do I need to make my business a success?

1. Recognize the Value Your Business in and effective Niche Marketing Strategy
Now it is time to contemplate on the products and services you offer to your clients. This step is very important because if you are not aware about the value of your products, you cannot expect your clients to realize the same. One of the reasons you did not get the expected sales is that, you have failed in convincing your client on the value of your products and services. Take a little time to ponder over the following questions
• Are you providing something of value to your clients?
• What is the value of your products or services?

2. Recognize Your Unique Serving Offer
Last but not least, if you were meticulous about completing the above four questions, you will now have a clear cut picture in your mind. In this fourth step, you need to write a 20 to 30 word statement of what your unique serving offer is. Serving offer is referred to as a simple statement which describes how you offer something of value to your client. This will explain why your clients prefer to buy from you rather than from your competitor.

This writing exercise is extremely important because only when you realize who you are and what you have to offer then only you will be able to offer something of value to your clients.

Marketing experts after years of research have found that the most viable formula which will guarantee success is to test, tweak and change your marketing plans until you come up with the right formulae for success.

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