10 steps: How to develop marketing strategies | Melotti Media

10 steps: How to develop marketing strategies

Picture

Do you want to drive your business forward?

Let’s be honest: marketing strategies make the most impact today when it comes to brand growth and public-facing progress.

Those inspiring brands we notice and follow? Their success comes from smart, innovative marketing.

With an active marketing approach, you can make a big impact using advertising, educate through content, develop new solutions and build stronger relationships with your customers.

So, how do you create effective marketing strategies?

Picture


Prefer to listen, rather than read? Here’s the Podcast summary!


The truth about today’s marketing

Marketing isn’t a simple business function anymore.

It’s everything your business does today.

Marketing is just as much your adverts as it is the way your customer service team answer the phone. How can your website say you are superior providers when your return policy is making people unhappy?


Marketing is just as much your adverts as it is the way your customer service team answer the phone.

Every action your business takes, from the way it pays invoices or shares social media content, to the quality of your products and services speaks volumes about your brand – volumes that people notice and share around.

This is all marketing. Every bit.

It’s also why you can’t underestimate Marketing’s influence on the success or failure of your business. Your business needs to have short and long-term marketing strategies in place that everyone is contributing to if you want to experience business growth.


Every action your business takes, from the way it pays invoices or shares social media content, to the quality of your products and services speaks volumes about your brand – volumes that people notice and share around.

Picture

What is a marketing strategy?

Marketing strategy involves the active consideration, planning and executing of marketing initiatives to achieve a particular business goal in a certain time frame.

Marketing Strategies involve using the 8 Marketing Ps to deliver a result.

  1. Product
  2. Price
  3. Promotion
  4. Place
  5. Positioning
  6. People
  7. Processes
  8. Physical Evidence

Each Marketing Strategy also needs to be SMART:

  1. Specific
  2. Measurable
  3. Achievable
  4. Relevant
  5. Timely

These Marketing elements provide the framework of an effective marketing strategy that your team can execute on to deliver a result.

Picture

What’s an example of a Marketing Strategy?

Take one of my Melotti Media business goals of re-positioning the brand as leaders in Message Marketing solutions. So, how does Marketing respond to this? Well, here’s how we began mapping out some direction.

This is a very condensed, summarised version of how my team approached this:

  • SPECIFIC: Become known as “the message marketing agency” in Sydney and Australia.
  • MEASURABLE: Tracking via Google Analytics, connecting keywords to active conversions.
  • ATTAINABLE: Definitively achievable when new branding and business evolution.
  • RELEVANT: Corresponds with business direction and target audience
  • TIME: 12 month period

 

  • PRODUCT: Re-evaluate content copywriting services to include more of a Marketing consultant aspect
  • PRICE: Adopt a slightly more premium pricing model to reflect rebranded changes.
  • PROMOTION: Testimonials, case studies, full content marketing roll-out, digital advertising.
  • PLACE: Website, digital space, networking events, social media.
  • POSITIONING: Seen as more than copywriters; we’re now Message Marketers.
  • PEOPLE: Re-education of team. Re-establishment of the brand.
  • PROCESS: All services now include a 4-part Message Marketing approach.
  • PHYSICAL EVIDENCE: Website model, supporting collateral and awards.

This was the first building block of our corresponding marketing strategy to fulfil the original business goal. From here, we could put this into practise.

Picture


​Remember – every business is different and how Marketing responds can vary.

However, you can see from the example the power and influence Marketing can have in taking active steps to change the face and substance of your business.

How to devise a Marketing Strategy?

So, how do you actually do Marketing Strategy? How do you develop a Marketing strategy of your own?

Here are 10 steps on how to create Marketing Strategies.

(1) Start with your business vision and mission

Your business vision and business mission are what define your organisation, direction and purpose. These must clearly be outlined before you even look at Marketing goals and strategies. 

This is because, if you can’t explain the “why” and “what” behind your business and brand, how can you start putting together the “how”? Without your Vision and Mission, your strategies and Marketing tactics will be sporadic and misguided.

(2) Next, identify your business goals

Once you have your Vision and Mission, now it’s time to devise the set of short and long-term goals that will help you put your business into action.
 
What do you have to do this year and in the next 5 to 10 years to progress towards delivering on your company’s Vision and Mission?

Picture

(3) Think about potential Marketing strategies

For each Marketing Goal, it’s time to consider what marketing initiatives will achieve it – just like the example above.

If the goal is an increase in revenue, how will Price and Promotion help you fulfil that goal? What can you do with your Product or Positioning to attract more customer dollars?

I always suggest starting this process alone first. See how many Marketing strategies you can come up with yourself. This way, you can remove any collective biases and group-think situations.

(4) Encourage your teams to come up with ideas

Instruct all of your team members to do the same as the above, by themselves too. This way, they can feel a sense of freedom to think differently and bring some fresh thinking to the table.

Set a deadline for this and tell them you’ll be getting everyone together to share their ideas.

(5) Collaborate and brainstorm

Once everyone has had sufficient time to come up with their own Marketing ideas, it’s time to combine them all in a safe environment to build a comprehensive Marketing Strategy.

The amazing part about brainstorming as a group and amalgamating all the ideas is that everyone has buy-in and you can work together to take each strategy to the next level as a group. For example, someone suggests a strategy, and the group workshops it to make it even better.

Marketing is all about innovation and out-of-the-box thinking. So, don’t be afraid to do just that! 

Picture

(6) Write a final list of Marketing strategies

Now that everyone has had a say and you’ve got a list of deliverable and actionable marketing strategies, it’s time to make a final list.

​This is an important step as it locks in what you’re all going to be working towards over the next year or few years.

(7) Make them “active”

This means, don’t just let them fade into the background, behind the day-to-day tasks. If you want to truly put your marketing strategies into action, you and your team have to think of every day as an opportunity to contribute to the strategy and the business goals.

A suggestion is to list them on a project board that’s highly visible and available for everyone to see. This will provide perspective – you and your team should be able to have an answer to: how is this task aligned with the strategy and aimed towards fulfilling that goal?


You and your team should be able to have an answer to: how is this task aligned with our marketing strategy and aimed towards fulfilling that business goal?

(8) ​Assign responsibilities

Each strategy shouldn’t just “float” – while everyone has a role to play, make sure you assign the responsibility of tasks to people. This will ensure there is no confusion and there are people who will drive the initiative forward.

(9) Treat them as “living” strategies

A ‘living’ strategy is one that evolves, grows and changes over time. Today, the world moves at too fast a pace for a marketing strategy to remain static – as circumstances shift, so must the way you approach your strategy.

(10) Monitor, control and adapt

Marketing strategies don’t do much if no one is measuring the progress, determining what is and isn’t working, and adapting accordingly.
 
Marketing isn’t a precise science and your Marketing Strategies should be reviewed and revisited often to see if they’re still relevant and effective.

How Can Melotti Media Help You?

To engage your customer and achieve ongoing business success today, you need a powerful message, quality copywriting and consistent content. However, this is easier said than done.

Perhaps you’re time poor and spread thin, or writing may not be your expertise.

So, let us take care of your message marketing, copywriting and content marketing needs!

For more information or to speak to a quality marketing copywriter to get the results your business deserves, contact me now at chris@melottimedia.com.au.

Our Message Marketing services can sharpen your words into achieve your goals, today.

Christopher Melotti
Melotti Media | Copywriting & Message Marketing Bureau
www.melottimedia.com.au

Picture

Picture

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Share on pinterest

Achieve the results your business deserves with content copywriting services by Melotti Media.

What's it like working with Melotti Media?

We believe we are different. Because we are!

Let's Chat. We'd love to!

Wait, before you go!

Want to have a shot before you leave?

Sign up for our free monthly content shots to get the latest business & marketing tips, tricks and advice all in one email.