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Executive Summary For Marketing Plan

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The process of using digital technology in order to sell goods or service is called e-marketing. With the growth of technology and the internet, it has become imperative for businesses to use e-marketing strategies to supplement their traditional marketing methods so as to generate more product sales and to reach a wider market.



E-businesses, though, would generally focus their attention on e-marketing alone. E-marketing uses the same basic concepts as that of traditional marketing. The purpose is to devise strategies in order to deliver your message across to your target market.

The difference with e-marketing lies in the options available to you when marketing and advertising your products, services or business. Of course, you could always use the traditional method, but it is wiser to take advantage of the marketing opportunities that the internet gives.

E-marketing produces tremendous results in terms of increased market share, high margins of profit and continued customer patronage. It is also ideal for small and medium-sized businesses for e-marketing is more affordable and less effort-intensive.

Nevertheless, in order to launch an effective e-marketing campaign, you would first have to create an e-marketing plan. The focus of an e-marketing plan is to ensure high response from prospective customers. Below is a summary of steps for creating an effective e-marketing plan.

Step 1: Determine your target market

Before anything else, you must identify your market. Rank and profile them accordingly and assign resources to each target group. Know their expectations, requirements, needs and wants so that you would have an idea how to go about with your sales pitch. This would also help you in determining your costs and ascertaining your expected benefits. It is also important that you study the market environment and your competitors' marketing strategies, and give due notice to all possible opportunities.

Step 2: Set e-marketing plan objectives and e-marketing methods

You must immediately set your objectives for your marketing campaign. Are you aiming to increase product or business awareness? Are you aiming for higher website traffic? Would you like to rank high in search engine results? Your objectives may include establishing and raising your e-presence, disseminating business information and sales leads generation.

After determining your objectives, you must establish the e-marketing methods you would use to achieve your objectives. It is not advisable for you to use just one method. It is always wiser to use multiple e-marketing methods.

Step 3: Set a budget and determine your strategies

You should identify the strategies and techniques that you would use to launch your e-marketing campaign. Determine the tactics you would use for implementing your marketing methods. You should formulate strategies that are geared towards capturing your target market's attention. You must position and differentiate your strategies and establish your priorities.

It is also very important that you carefully budget your expenses, regardless of what objective you have set and what methods you would like to employ. Make sure that your costs will not spiral out of your control. Use the cost/benefit analysis in order to determine an acceptable budget. The benefits should more than compensate for your marketing costs.
Executive Summary For Marketing Plan
Before we discuss which strategies should have a prominent place in your marketing action plan, you'll want to have a few items in your marketing toolkit:

1. Write out your USP.

Your Unique Selling Proposition tells prospects what makes you different. Why should they hire you as opposed to Joe? What can you bring to the relationship that is different than what Mary brings? YOU need to know what your USP is in order to successfully market your business -- it's a cornerstone of your brand.

Dominos pizza guarantees delivery in 30 minutes or it's free. McDonald's food is fast (you don't go there for "good". . .you go for "fast"). What do you do?

2. Write and memorize your elevator speech.

Whether you work from home or in an office, you want to have an effective elevator speech ready. Remember that you only have a few seconds to capture my attention, what do you need me to know? What results do you provide your clients? Chances are, it's not your company name and title!

3. Create an attractive website.

Your website needs to be "attractive" -- not pretty in the usual sense, but attractive to the prospects that you want to attract. Your home page must touch on a problem that your target audience has and how you can resolve that problem.

I don't care how long you've been in business if you can solve my problem -- whatever my problem may be. Your prospects feel the same.

4. Have attractive business cards.

If you attend networking events of any type, you need to have a business card. See number 3 above -- your business card needs to be attractive to the person you want to hand it to. You should write your USP on the card, list your tagline, or otherwise "speak" to your prospects via your card so when they are flipping through the cards a month after the event, they'll remember you.

Cards have a back side, use it to offer a no-cost report (this is the best option if you have a newsletter) or list a client testimonial. I use Overnight Prints for all my business and postcard needs and love them!

5. Come from a "full practice" mentality.

This last one is perhaps the most important. You want to insure that you do not come across as "lacking" or "needy" to your prospective clients.

The Law of Attraction shows us that we attract that which we think about most. What are you thinking about?

I keep my marketing funnel full by insuring that I perform at least one marketing-related activity every single day.
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About Author
Both David Bain & Sandra P. Martini are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

David Bain has sinced written about articles on various topics from Insurance, Debts Loans and Computers and The Internet. David Bain is founder of the internet marketing training company . David Bain's top article generates over 33100 views. Bookmark David Bain to your Favourites.

Sandra P. Martini has sinced written about articles on various topics from Marketing, Shopping and Marketing. For the past 5 years, Sandra Martini has been showing self-employed business owners how to get more clients consistently by implementing processes and systems to put their marketing on autopilot. Visit Sandra at. Sandra P. Martini's top article generates over 165000 views. Bookmark Sandra P. Martini to your Favourites.
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