starting a home business

Small Business Marketing Strategy

It's Time To Plan Your Marketing Activities



A small business marketing strategy should be well thought out. 

Your marketing plan identifies everything within the marketing mix and there are a lot of activities with your marketing plan.

In this section we are going to look at the promotional marketing strategy within your marketing plan. 

This is just one of the activities within marketing.



Promotion consists of:

  • Copywriting
  • Online Advertising
  • Offline Advertising
  • Marketing Pieces (i.e. website, promotional CDs, DVDs etc)

Remember, that marketing and sales are different activities within marketing, however they do go hand in hand. 

To put that into context, it would go like this:

Marketing activity is to bring qualified customers to you;

Sales activity is to close the sale and care for your customer.


Marketing and marketing strategies can be a very complex subject and even hard to understand.  Large businesses and corporations go into great detail when planning their marketing.

However, we are only small business owners, many of us even home-based, so we need a simple and uncomplicated small business marketing strategy that we can understand.

So this is what I have come up with


I am going to emphasise on the promotional aspect of marketing here, but you have to cover all the other activities of a marketing plan to succeed. 

OK, here we go...
  1. You have an understanding of what is marketing


  2. You have your solution (i.e. product or service) to solve a customers’ problem;


  3. You then identify exactly who your customers are going to be;


  4. You then plan & build your promotional marketing strategy to bring customers to you;


  5. You close the sale with your sales process;


  6. You take care of your customer for repeat sales.

Sample Promotional Marketing Strategy

Promotional Budget: £3,000 Year One

Activity Cost £$ Start Process Deadline Notes
Write effective ads Outsource?
DIY?
15 March 30 April Keep tweaking

Offline Advertising        
  Yellow Pages £197 3 May 20 June Yearly
  Thompson Dir Free listing 10 May 30 May Yearly
   Flyers £1,200 20 May Ongoing  

 Online Advertising        
  PPC £50 Monthly 30 May Ongoing 
  Yell.com £220 3 May 10 May Yearly

Promotional Pieces        
  Website Outsource?
DIY?
31 Jan 1 March  
  DVDs 30p each 1 March Ongoing  

 
You may also be interested in:

Sample Marketing Plan


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