Strategic marketing: to plan or not to plan?

Have goals — and make them SMART goals: Specific, Measurable, Attainable, Realistic, Timely.

I’m a gym rat. I love lifting weights, yoga, you name it. The days when I leave feeling less than exhausted, I realize it’s because I didn’t have a plan walking into the gym. So I always try to enter the gym with a specific goal — is it a cardio day or a weight day? What muscle groups am I going to work on? Am I going to use heavy weights with limited reps or just the opposite? With a plan in mind, I start seeing results after a few weeks. If I don’t, I know I need to change something.

The same idea holds true in business. For example, at AB&C, we just finished reworking our sales and marketing plan for 2014, and we learned a lot. First, we looked at this past year — what worked, what didn’t, what can we add to our marketing mix, how did our online data analytics look, etc. Then we gathered all our department heads together and had a brainstorming lunch to decide where we needed to head in 2014. As a result, we re-aimed our focus at a national and regional level, and plotted out the tactics to reach our goals.

Don’t have a marketing plan yet? Don’t fret — here is an easy way to get a plan together.Read full post...