David is Patric Chan's in-house writer for www.successandlife.com. As I've reported many times...many of you do not even HAVE a marketing plan-at least not a documented plan you use to execute and measure sales and marketing success on a monthly basis. And most companies who do have a documented plan (I'm sorry to say) have not done the job they need to do in order to achieve big aspirations on limited budgets! There is a lot of waste in most marketing plans I audit.
This self
improvement article is written by Shannon Kavanaugh
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As
I've reported many times...many of you do not even HAVE a marketing plan-at
least not a documented plan you use to execute and measure sales and marketing
success on a monthly basis. And most companies who do have a documented plan
(I'm sorry to say) have not done the job they need to do in order to achieve big
aspirations on limited budgets! There is a lot of waste in most marketing plans
I audit.
So
I want to address those of you who have made the effort to develop a marketing
plan. I want you to be the BEST that you can be! Have you reviewed your past
successes and failures, evaluated your target markets, competition, and brand
position? Have you established a structured sales process and marketing mix? Do
you have an adequate budget allocated?
Follow
these three steps to my Marketing Audit process and make sure your marketing
plan is ready for prime time:
1.
Assign Auditor(s). If you are the main architect of your marketing
plan/strategy, you shouldn't be the auditor. You can't be objective enough.
Find colleagues who you respect to audit your plan. This could be an internal
contact, an external influencer, or both. Make sure whomever you choose can be
candid, honest, and constructive.
2.
Define Audit Criteria. Define the key criteria you wish to have your
marketing plan judged by. Make sure your list is complete and covers all key
sections of a strong marketing plan-goals, research, organization, brand,
products/services, target market, competition, sales process, marketing mix,
implementation calendar, and budget.
3.
Create a Marketing Plan Audit Template. Use your audit criteria to develop
a template you can provide your auditors. For each of the marketing plan
sections you are evaluating, create questions meant to assess the completeness
and effectiveness of that section. For example, in goals you might ask,
"Are the business, sales, and marketing goals defined clearly?" and
"Can each goal be measured and tracked?" Make sure the template is
comprehensive, easy to use, and includes a scoring system to determine the
overall readiness of your marketing plan.
Following
this process, you will ensure you have developed what will be a successful
marketing plan. But make sure you go into the process with an open mind and
thick skin. You don't have to take every recommendation your auditor makes, but
if you don't seriously consider each, you are selling your potential...and the
process...short!
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