Marketing Efforts Failing?
November 1, 2010 by
Filed under Home Business
There’s a quote: “A failure to plan is a plan to fail”. I’ve found it to hold true. When things are done ad hoc or willy-nilly, they almost always end up in the wrong place. A marketing plan can give your online business focus and resolve to accomplish the important things while leaving out the unimportant. If you don’t have a marketing plan, it’s very likely you’re struggling to make money and make your business a success. In this article, I’m going to cover the basics of putting together a marketing plan that will work for you.
First, you need to know the tasks you need to be doing to market your products. Are you going to focus on social networking or PPC? Maybe you’ll optimize your sites for the search engines or an affiliate army. Come up with a list of no more than 15-20 ways you want to market your products. Make sure they’re tasks. Something like “Front Page Of Digg” is actually a lot of other tasks – writing intriguing articles, networking with other Diggers, etc. List them all in a spreadsheet.
Next, rank each task. Rate each task on a scale from 1-5 on how important or effective each task is. If you’re promoting a blog, blog commenting might rank a five, as would submitting to blog carnivals. Networking on video web sites might rank a one. Initially you need to decide from your own experience or, if you’re unsure, use other’s experience to how effective each task is toward meeting your marketing goals. Make sure you rank each one honestly. A list of all fives is not going to help you when you go to plan out the month ahead. We all want to do everything, but most of us are limited by the time we can spend on each task.
Now make a plan for the next month. For simplicity, just assume a five day week for the next four weeks. From the list above, sort it so the fives are on top. I suggest putting the fives into the middle of the week, Tuesday, Wednesday, and/or Thursdays. Mark these tasks down for every week. Now the fours and threes can go out to the edges of the week, most likely every other week. And the twos and ones will get some time at most once a month. When you’re done you should see you’ll be spending the most time on the tasks rated 5 and the least on the tasks ranked one.
The next step is to ensure you take action. Put your plan to use. Make sure it’s hanging somewhere you can see it everyday and do the allotted task for the day before you do anything else. Put off checking email, phone messages, surfing, gossiping until the tasks are done. Then you can relax and do some other tasks for the rest of the day. But, only do the task allotted on the days you specify. Do not get caught commenting on forums or blogs on the days when you haven’t allocated the task because these things, while important, are serious time drains.
Once you’ve worked your plan for the first month, it’s review time! Now go over all the tasks you accomplished for the month and determine which ones drew you closer to your marketing objectives and which ones did not. Once you know this review your list and change any rankings needing changing. Next change the calendar so any new fives are being done every week and those having fallen out of five favor are more sporadically done. Once you’ve gone through a few cycles, you’ll have a good feel for which are making you money and which are not. Once you know this, start outsourcing the ones making you money.
Making a marketing plan isn’t very difficult if you take it step by step. And having a plan is very often the difference between success and failure. So start planning for your success today!
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