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Embrace Diversity to Build Effective Teams
Embrace Diversity to Build Effective Teams: one of the biggest challenges faced by companies today is how to turn a group into a highly efficient global team. (reprinted from Semiconductor Magazine, May, 2000) Turning a group into a team is one of...
Finding And Keeping Good People
As the competition for talented people picks up, forward thinking managers need to assess how they are positioned to keep their good people and attract some more.
Get the basics right
People who have choices, and good people normally do, look...
How To Accelerate The Return On Investment (ROI) Of Your Senior Talent
If you were given £100,000, how would you feel? If that £100,000 was then withdrawn and you were asked for another £150,000 how would you feel? You might question whether you had made the right decision to take the £100,000 in the first place....
Public Relations: Power Tool For The 21st Century
I address this article to businesses, associations, non-profits and public entity managements seeking a direct connection between the money they’re planning to spend on public relations, and the achievement of their organizational objectives. We...
When and Where the Affluent Shop for December Holiday Gifts
The majority of the affluent will do most of their shopping for
holiday gifts during the first two weeks of December, and
traditional department stores will be the most important source
of gifts, based on dollars spent, according to a recent...
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Make Your Mark – How to Attract Clients and Grow Your Business
Marketing: how you attract clients and promote your business is an important part of your recipe for success and profitability. Developing a strategic marketing plan will ensure your success and allow you to not spend time and money in the wrong places. Don't hit the pavement or the floors until you have taken the time to do some thinking and planning for the next 12 months. The clarity and focus that results from creating a strong strategic marketing plan will bring you what you are looking for with more ease and more certainty. Use these marketing principles when creating a plan to ensure you will be in an even stronger place this time next year. These marketing principals will allow you to make your mark.
Do an Assessment Before you jump into this new business climate access your marketing efforts from last year. Review all your expenses from last year. Evaluate if you have more or less to spend this year and review the success or failure of each of your expenses and efforts individually. Once you have done that identify where you can improve on last years efforts and then incorporate those changes into your strategic marketing plan for the coming year.
In the subsequent months throughout the year take time at the end of each month and quarter to assess your efforts and make midcourse corrections where necessary to incorporate what you have learned along the way.
Establish Objectives Create business objectives for the coming year. Your strategic marketing efforts will serve you best if they do more for your business than simply turn a profit. Consider including these important objectives
- Establishing yourself or your company an expert or leader in the industry you serve.
- Retain your current client base while gaining additional business from them.
- Increase new prospect referrals from current clients and your sphere of influence.
Market Only to Your Niche Unless everyone on the planet is a potential client you must limit your marketing efforts to be effective. Decide who your ideal client is and focus your marketing efforts on that potential client population. Ask yourself; Who are they? Where are they? What are they interested or involved in? For example if your ideal client is a homeowner in northern California figure out how you can make contact with them, not with everyone in town.
Use a Multifaceted Approach Your strategic marketing plan must be multifaceted, making only phone calls, only sending out direct mail or only getting out there and meeting people will not make it easy for you to achieve your goals. Use several different kinds of marketing efforts to fill your objectives. A multifaceted strategic marketing approach may include: advertising,
networking, phone contact, internet marketing, electronic marketing, direct mail, hosting events, sponsorships, cross promotional marketing, strategic alliances, mass media coverage, placing articles, delivering presentations, special offers, a referral program and possibly a whole lot more.
Be Consistent One of the biggest reasons marketing efforts do not work is that they are not consistent and do not attempt to produce results over time. In many cases a decision-maker will need up to 11 interactions with a product or service company before making a purchase. Do not give up on the first, second or third try, use a variety of methods over time to cultivate a relationship, build trust and educate your potential customer.
Once your marketing plan is complete, create a marketing calendar for the year. Sit down and decide when every small and large action needs to take place. Your marketing efforts will go smoother and will be more effective. Remember that your efforts have to be frequent. Until a prospect is warm contact them a minimum of once a month. Once they are warm contact them once a week. If they are a hot prospect, meaning they have expressed interest in making a purchase in the near future every other day might be advisable. At the same time remember even though a prospect has expressed interest in purchasing they may not be ready to buy when it is convenient for you.
In these cases be consistent and frequent and remember do not take it personally when prospects do not return your phone calls or respond immediately to your emails. You and your product or service are probably not their top priority it does not mean they are not interested.
Use Adaptation Marketing Take one marketing effort and adapt it into several to save time and resources. For example a mailing, is adapted into an article, which is adapted into an electronic newsletter, which is adapted into a speech, which is adapted into a booklet for your customers and prospects. Each effort can equal several. Every time you do something ask yourself what else this can be used for.
These marketing principals will make a huge difference in the success of your business if you use them consistently throughout the year. Apply these ideas and watch your business grow stronger and more profitable each month. There is one more principal key to your success, perhaps the most important: Begin Today!
About the Author
Caterina Rando, MA, MCC, is a business success speaker, coach and author of the national bestseller "Learn to Power Think." She helps people get the results they want with ease. To find out about her programs, book and other resources, visit http://www.caterinar.com. Caterina can be reached by email at cpr@caterinar.com.
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Strategic Planning (in nonprofit or for-profit organizations) |
Adapted from the Field Guide to Nonprofit Strategic Planning and Facilitation. ... First, a Point About For-Profit and Nonprofit Strategic Planning ... |
www.managementhelp.org |
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Basic Description of Strategic Planning (including key terms to know) |
Adapted from the Field Guide to Nonprofit Strategic Planning and Facilitation. ... Strategic planning often includes use of several key terms. ... |
www.managementhelp.org |
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Strategic Planning, Strategic Plan, Business Strategy, Strategic ... |
Strategic planning advice with free strategic planner & sample strategic plan covering mission statement, SWOT analysis with business plan software for cash ... |
www.planware.org |
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Strategic Planning |
FAQs regarding strategic planning - geared primarily toward non-profit organizations but with enough detail and general information to provide useful ... |
www.allianceonline.org |
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Frequently Asked Questions |
Strategic Planning · Fundraising · Financial Management · Risk Management · Credit Card Acceptance. The FAQs (Frequently Asked Questions) listed on this ... |
www.allianceonline.org |
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Strategic planning - Wikipedia, the free encyclopedia |
Strategic planning involves defining objectives and developing ... Strategic planning uses "the big picture" to pursue large scale, long term objectives. ... |
en.wikipedia.org |
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08/26/96 STRATEGIC PLANNING |
You guessed it: strategic planning. Suddenly, the idea of rising above the ... But if strategic planning is back with a vengeance, it's also back with a ... |
www.businessweek.com |
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Dr. Strategy - Dr. Pete Johnson, Keynote Speaker, Marketing ... |
StrategicPlanning.com “Turning Change Into A Competitive Advantage”. Dr. Pete's Preview Video Click Here. Take-Away Value Sample Program Handouts ... |
strategicplanning.com |
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Strategic Planning Society: Strategy Development and Implementation |
Strategic Planning Society: Strategy Development and Implementation. |
www.sps.org.uk |
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Guide 7 |
Strategic Planning in Smaller Nonprofit Organizations ... In short, as a result of a strategic planning process, an organization will have a clearer idea of ... |
www.wmich.edu |
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STRATEGIC PLANNING MANUAL |
File Format: PDF/Adobe Acrobat - View as HTML |
Your browser may not have a PDF reader available. Google recommends visiting our text version of this document. |
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BPubs.com: Strategic Planning & Business Planning Articles |
Business Publications related to Corporate Strategic Planning. |
www.bpubs.com |
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Strategic Planning Tools |
Strategic Planning is a method for positioning an organization to take ... A strategic planning process incorporates an in-depth planning model that takes ... |
www.nsba.org |
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Center for Simplified Strategic Planning, Inc. |
The Center for Simplified Strategic Planning offers training, seminars, consulting, speakers, workshops, a book and a newsletter on strategic management for ... |
www.cssp.com |
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LEADERSHIP: Strategic Planning and Strategic Management |
Introduction: Is strategic planning really worth it? ... The purpose of strategic planning is to encourage thinking about your organization's "big ... |
vskn.ca |
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The CEO Refresher Archives - Strategic Planning |
When done right, the integrated strategic planning process can take a ... Strategic Planning and Project Management: The Key to Successful Implementation ... |
www.refresher.com |
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HEFCE : Publications : 2000 : 00/24 - Strategic planning in higher ... |
This guide reviews good practice in strategic planning in higher education (HE). It originated in a consultation exercise which we held in 1998 to review ... |
www.hefce.ac.uk |
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The Association for Strategic Planning |
The Association for Strategic Planning (ASP), is a non-profit professional society whose mission is to enable people and organizations to succeed through ... |
www.strategyplus.org |
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Amazon.com: Strategic Planning for Nonprofit Organizations: A ... |
Amazon.com: Strategic Planning for Nonprofit Organizations: A Practical Guide and Workbook: Books: Michael Allison,Jude Kaye by Michael Allison,Jude Kaye. |
www.amazon.com |
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Amazon.com: Simplified Strategic Planning: A No-Nonsense Guide for ... |
Amazon.com: Simplified Strategic Planning: A No-Nonsense Guide for Busy People Who Want Results Fast!: Books: Robert W. Bradford,Robert W. Bradford,J. Peter ... |
www.amazon.com |
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