making a marketing plan for a small business
DESCRIPTION
Small Business owners need to know what marketing tools will work for their business and how they should invest their time and resources. Creating a solid marketing plan provides a small business owner with that guidance and clarity. In this presentation Kristin Slice discuss creating a marketing plan an example of how to execute a marketing tool: Social Media.TRANSCRIPT
MARKETING, SALES AND BUILDING A BUSINESS CREATING AN EFFECTIVE MARKETING STRATEGYGOAL SETTING AND ACCOUNTABILITY: BUILDING A BUSINESS
Presented by:
Kristin Slice, MA
August 9th, 2010
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www.Three DogMarketing.com
THE EVOLVING DEFINITION OF MARKETING
4 P’s- Product, Price, Promotion, Place
7 P’s- People, Process, Profit
“ Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.”
-American Marketing Association
MARKETING: THE ART OF BUILDING RELATIONSHIPS
MARKETING PLAN
Sales versus Marketing
Business Plan versus Marketing Plan
Purpose of a Marketing Plan Leverage Time and Resources Clarity to Your Team Accountability
Marketing Plan Pieces Target Audience Goals Unique Value Pedigree Competitive Analysis Marketing Tools and Action Steps
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PLAN OF ACTION
Taking action that support your goals Sales/ Marketing/ Social Media break down your goals into steps and take one step at a time, with the big picture in mind.
Strategy- understanding your value and your target
demographic Clarity – be clear about your VALUE and the Value you
want to create.
Ask yourself, does this activity directly support my business and its vision? If not learn to say “NO”.
Execute, Monitor, Adjust and Repeat
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MARKETING TOOLS
Events / Workshops
Networking
Website Print Ads
EXPOs Social Media Flyers and
Signs
Customer Referrals
Strategic Partnerships
Online Marketing
Cold Calls
SOCIAL MEDIA PLATFORM
Profile
Wall
General Info
Applications
Kristin Slice
Profile
Nancy Sanders
Profile
Lori Peters
Profile
Connection
SOCIAL MEDIA PLATFORM
Profile
Wall
General Info
Applications
Kristin Slice
Profile
Direct Message / Message Private
Direct Message —Using @ or Wall Post
Public
Status Update / Tweet
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BASIC SOCIAL NETWORK MARKETING™ STRATEGY
Create your Strategy
How does social media support sales and marketing ?
What resources do you have to create and maintain Social Network Marketing™?
What are your goals for Social Network Marketing™?
SEO - Follow Up - Referrals - Branding - Revenue
Who is your target market?
Is your website up to date and EFFECTIVE?
SOCIAL MEDIA STRATEGY
READY, AIM, SOCIALIZE!
Key Strategy - Remember strategic partners/competitors
Key Strategy – Claim your space (blog, video, Google places, yelp)
Key Strategy – When meeting new contacts at events, connect with them on social media
Key Strategy - content or post with call to action
Key Strategy – create/schedule posts in advance. Leverage your content!
Laura the Wine Expert.
What she had: - Created a several Facebook Pages - Created a website - Created an email list
Laura Goals:
Build a Community of Wine LoversLeverage Non-Profit and Community Activities Have People Walk in the Front Door
24% of all small businesses in the US now utilize social media strategies, double the amount from last year
SOCIAL MEDIA: EXAMPLE
LAURA STRATEGY (EXAMPLE)
Edit Website Set Up a Facebook Page Create a system for leveraging content and
management Increase internet presence with Google, Yelp,
and BLOG
SUMMARY POINTS
Don’t be scared! Social Network MarketingTM
is a huge opportunity for businesses.
It takes time. Stick with it because SM is not going away.
Use a strategy, ask questions and get support.
Have fun! Show your personality! SHOW YOUR PASSION!
Don’t be scared of success.
Strategic - Authentic -Results
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Where Do You Go From Here?
Connect with Three Dog Marketing On-line
Email: [email protected] Call: 602.476.4509
Join our Monthly Tele-Seminar Series!