With spring firmly upon us, what better time to take a good look at refreshing your current marketing campaign. No matter how long you’ve been marketing, it’s a great idea to refresh yourself and your team with a new game plan. The following steps will help ensure that you have the knowledge and advice needed to refresh and develop a successful marketing strategy.
1) Review and re-plan
Step one in refreshing your marketing campaign should be to look back over the previous year. Look at sales figures, past activities, trends, successes and failures, and use them to your advantage. Re-assess exactly where your business is up to, and whether new marketing opportunities are now opening up to you. For example, you may not have been in a position to place an advertisement in a leading trade publication 12 months ago, but now might be a good time to take that step.
Look back over any problematic periods you experienced and make plans now to avoid these re-occurring. Assess the marketing activity that worked for your business and when it worked best, then use this information to accurately plan for future months. Don’t assume that what worked in previous years will work again. You should be constantly looking to refresh your marketing mix, while keeping an eye on both your sales figures and market trends to help refine the planning process. These steps will help to keep your sales consistent and your income stream steady.
2) Refresh your web presence
There are almost 38 million people online in the UK alone, making websites a fundamental form of marketing for the SME. An out of date website equals an out of date marketing strategy, so keeping your site fresh and up to date should be high on your list of marketing activities. Include recent and relevant news items appropriate to your target markets. Change case studies and articles regularly to keep your site looking new and well maintained. A potential new sales lead will soon lose interest if your site appears disorganised, chaotic or poorly looked after - a sure fire way of losing potential clients to the competition.
You should also look to refresh your online marketing activities. Is your search engine optimisation (SEO) fully up to date? A fully optimised website can work wonders on your search engine rankings, directing more traffic to your site and generating more awareness and interest in your company.
Take another look at your Pay-Per-Click (PPC) and Pay-Per-Lead (PPL) options. Are your PPC keywords still relevant to your business and is it time to extend your PPL profile to attract new clients from different business sectors?
3) Research
Research any events taking place over the coming year that could prove valuable to your company. Useful events such as seminars, conferences, exhibitions, and awards, can provide you with opportunities to promote your business, make sales and develop the all-important business networking process.
You should also be up to date with recent events in your market, and ideally those of your target markets to give you a competitive edge. Reading appropriate trade or industry press will keep you informed on industry developments. Take a look at what other companies are doing and where the market is heading. This will enable you to maintain a fresh and up to date approach to your business, keeping up with market trends and staying one step ahead of your rivals.
Do you know your competitors as well as you did six months ago? Are they doing anything differently? What changes have they made to their businesses? What’s happening in the markets of your customers that may impact on them? Competitive intelligence is not only useful for marketing, pricing, and managing, but will provide you with invaluable information that can be used to give your company a real advantage.
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