You market your business to a world full of competitors, prospects and suspects and in the end all you want is results. A result which says your efforts were worth it, sales are up and the marketing you have done becomes a great investment, not just another business expense. Therefore it makes sense to get the marketing right, the place to start is with a solid marketing strategy and a chat to your friendly branding expert.

Solid marketing strategies vary, depending on the aim/s.

The best marketing strategies are those which are the cost effective at achieving the objectives they are designed to do. For example, if your goal is to increase awareness of a new product, various promotions, adverts, demonstrations, and a variety of other tactics might be appropriate.

If however your goal is to increase sales, incentives, product association (lifestyle with product for example) and product generalization techniques (where there are similar product ranges you can associate with), as well as product differentiation tactics (Making your product stand out from the rest) may be effective.

If you are aiming to increase awareness or sales, or develop a brand image, product differentiation (ours is better because…), emphasis on core competencies (features and benefits), low cost leadership (leading the pack in a low cost way), product development, and all other strategies that contribute to the uniqueness of a brand may be used as the base of a solid campaign.

What’s important here is agreeing on what the aim/s should be, especially if one aim works against another

Make it measurable and adjust to suit.

Often specific strategies which aim towards target markets may be the most effective as they get to a specific group or individual. General marketing strategies on the other hand can be useful if many of the end users are not easily able to fit into a descriptor of potential users (e.g. some soft drink brands.)

A big part of whatever strategy you use however should be that they should be measurable. This is to establish what works and what doesnt. This will save the organisation money on research, trials, and failed campaigns as well as time, man power in some cases, and will assist in minimising risk. To make sure it is measurable you need to figure out a definition of what success is in this context, e.g. if the aim is to increase sales of an item, by how many is probably the best gauge here.

if you need to cover the cost of the advertising, then the profit margin on those sales needs to at least cover the cost of the advertising, however it would be preferable to exceed that level, by how much will be the stronger definition. Once you have defined the success indicator then the measurement tool needs to happen, it could be as simple as a voucher which has to be handed in to redeem a free gift, or get a two for one deal etc You keep the voucher and count them up at the end of the campaign. then adjust if necessary for next time.

Make it relevant.

An outstanding goal in marketing is to contribute to a loyal customer base and build the importance or memorability of the brand. To do so is said to be found in making the advert or promotion relevant to the target market.

This means that the target market believes the product or service being marketed is something that they actually need or want, and once they get, it, they feel somehow satisfied.

Reinforce the message.

As advertising happens over time, you should be reinforcing the message you present, in general terms and even with more specific objectives, either way the longterm goal forms the basis of all the marketing done for the organisation.

It is essential that marketing strategies be part of a continuous process, which does not just reinforce messages, but also, builds upon the previous messages

Regardless of their market share, organisations must ensure their message and credibility is in the minds of consumers, otherwise your competition may just lead them to look at what they have.

Media has changed, change with it.

Tv is not the advertising god it used to be as people fast forward or readily flip through channels on the TV. however a mix of advertising types might need to be trialled to figure out which ones do the right thing for your business.

If an organisation does not use its research and measurement , its marketing efforts will be at the mercy of the gods and the true results unknown.

To cut through the clutter and noise of marketing and promotions, your strategy needs to be tested and true to your goals and desires, it may take in social media options, traditional media and various creative ways to get and keep the prospect interested in what you have on offer.

Stand out…
The big thing to make your marketing work, is to stand out from the crowd.

• Have a point of difference. (Quality – Service and Value are a given, so think of something else like a guarantee or how you solve a problem better than your opposition.)
• Create powerful, better headlines.
• Keep asking what do they want.
• Be better at service so they want to come back.
• Create engaging and compelling copy in the adverts.
• Have outstanding calls to action
• Be creative in your approach, innovation is in.
• Talk benefits, features are one thing, benefits last longer…
• Connect with the people you are targeting.
• Chat to your friendly branding expert if you need assistance to do more.

Now you have the start to a solid strategy, you need to figure out a plan of action to make it work. Grab a note pad or a whiteboard, jot down ideas and then grab a calendar and set some dates to make the strategy come alive!

Tags: branding experts, business, business success, marketing strategies, measurable marketing, small business marketing, small business marketing strategies, smart business, starting your marketing campaign, strategies, The Marketing Dept, tracking and statistics