Use it or lose…
Posted in Marketing Consultant, Uncategorized, advertising, branding, marketing, marketing advice, marketing support, marketing support for small SME's, retail on June 25th, 2010 by david – Be the first to commentDon’t let your marketing plan sit in a drawer
A friend of mine was recently made redundant from a small manufacturing firm. They appeared to be very successful, had a skilled workforce, were good at what they did and had a reputation for ‘going the extra mile’. However, it transpires that the only people who new this were a small group of loyal customers.
Like a number of small organisations it had developed around the vision of one person, the owner. He new the customers, new what they wanted and developed the company accordingly. All was fine while the customers continued to buy but once they had problems there was an obvious knock on effect.
Some time ago the company had put together a marketing strategy as part of a finance raising plan for the bank but, as is often the case, the strategy document had been put into a drawer and promptly forgotten. Everyone was busy dealing with existing work for core customers (basicaly making hay while the sun shone) to put any part of the plan into action.
Consequently, the plans to investigate how product design could be adapted never took place, research into potential new markets didn’t happen, exploring diversification and growth within existing larger customers was put to one side.
A marketing plan is an essential tool not something you put together to appease someone and like all tools it has to be used if it’s to acheive results. As the organisation develops and market changes occur so the plan has to be tweaked to keep you on course. Considering the World Cup, think of the plan as a football. Your aim is to score goals and how you move the ball up the field determines how well you do. Each player within the team has a certain skill and they each play their part. Some may do more with the ball than others but achieve the aim it has to be kept in play and moved around as the field of play changes. You need to be aware of what the opposition are doing at all times or you lose the ball.
If you need help or would like a free one hour review of your current plan text your name or call 07790 012893. www.dlhmarketing.co.uk