SCORE* offers these tips to entrepreneurs on how to set up a plan:
- Begin each marketing program with your business marketing objectives - increase sales 10% for 2013
- Next, set the strategies (what you need to do) to achieve the objectives - increase the number of qualified leads by 25%
- Last, determine the tactics (how to do it) to achieve the strategies - increase your advertising in a trade journal to once per month from 4 times per year
When defining your plan's actions, they suggest you begin by determining:
- the message - what you want to say to your target audience - a new product announcement or discounted products
- the medium - what channels of advertising to use to reach your audience - print or audio/visual or Internet
- the budget - the costs of the marketing campaign
And finally, in order to analyze the results:
- the metrics - how many leads generated; how many phone calls received; how many closed sales generated from the leads
MRSWARE makes it easy to set up, track, and measure your marketing programs. To get started, give MRSWARE a try.
*SCORE - a national nonprofit business-mentoring group
Source: Cape Cod Times