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54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com The Dynamic Marketing Plan by Charlene Andersen Kamigo Marketing llc
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The Dynamic Marketing Plan

Nov 29, 2014

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A dynamic marketing plan lays a foundation and establishes how you position your business in the marketplace. A good plan coordinates the marketing mix, assures your tactics are consistent with your objectives and gives you measurements for determining your return on investment. It is your map and compass.
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Page 1: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

The Dynamic

Marketing Plan by

Charlene Andersen

Kamigo Marketing llc

Page 2: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

Copyright©2007 by Charlene Andersen and Kamigo Marketing, LLC. All rights reserved worldwide. Published by Kamigo Marketing LLC. No part of this publication may be reproduced or distributed in any form or by any means, or stored in any database or retrieval systems without the prior written permission of Kamigo Marketing, LLC. The author and publisher have used their best efforts in preparing this book and the document contained herein. However, the author and publisher make no warranties of any kind, express or implied, with regard to the informational content, documentation, or files contained in this book or in any accompanying media files such as CDs or DVD, and specifically disclaim, without limitation, any implied warranties of merchantability and fitness for a particular purpose with respect to program listings in the book, the techniques described in the book, and/or the use of files. In no event shall the author or publisher be responsible or liable for loss of profit, or any commercial damages, including, but not limited to, special incidental, consequential, or any other damages in connection with or arising out of furnishing, performance, or use of this book, program files, instruction, audio or video connected with this information. For more information, please write to: Kamigo Marketing LLC 54 Garland Road Nottingham, NH 0329 603.942.7160 www.kamigomarketing.com

Page 3: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

The Dynamic Marketing Plan

by Charlene Andersen, Kamigo Marketing

A business owner friend asked me “why should I have a marketing plan?” The answer I

gave was “well, you shouldn’t if you like to throw your money away”. My answer

resulted in their realization that they needed a plan, but they didn’t have the time, ability or

resources.

Let’s take the three reasons given for not developing a plan; time, ability or resources. I’ll

throw time out the window right away because if you don’t have a plan you will spend

more time “trying things out” that will likely fail than you will in developing a solid plan

with specific actions. The ability and resources can easily be addressed by realizing that

you don’t have to do everything and that you can’t have the expertise in all aspects of your

business. There are companies that focus on marketing strategies and can help you

develop a marketing plan. You will gain a greater return on your money in a shorter period

of time by utilizing their expertise. You should find someone who will work closely with

you, not someone who hands you a document entitled “Marketing Plan for ABC Farm”

after meeting with you only one or two times. Your marketing plan has to be distinct to

your business.

Page 4: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

So, what is the process of developing a successful marketing plan? Think of a marketing

plan as a map and compass. It maps out the strategic and tactical objectives of your

business resulting in a competitive position for your business. The dynamic part of the

plan consists of managing, strengthening and motivation. You are able to manage your

resources, revenue and risk while strengthening your competitive position, your message

and your company. You and your employees are motivated because you are focused on

your potential customers, your sales and your return on your marketing investment.

There are five steps I’ve defined to develop a dynamic marketing plan:

1. Analyze This

2. Your Target Market

3. Positioning You

4. Marketing Mix

5. Plan for Action

Let’s take a look at some of the aspects of the “Analyze This” step. You need to take the

two most recent years of sales and break them down by product or product line (e.g. tree

fruits, small fruits, value added) and determine your percentage of sales and your gross

margin (sales minus your cost). This will give you insight on how to market these

products. Another aspect is your competitor(s), what are their products, strengths and

plans for growth. Also, analyze your existing customers and ask yourself some of the 4

Page 5: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

W’s and 1 H questions; who are they?, what are they buying?, where are they from?, when

do they buy? and how are they paying? Finally, utilize the information you have obtained

and establish some sales objectives that you will build into your marketing plan.

The second step is “Your Target Market.” You will want to determine if your existing

customers are your target market. Your existing customers should be purchasing your core

products and/or your most profitable products. If they are not purchasing them, then they

are likely not your ideal target market. You can determine your target market through

extensive market research or by utilizing some secondary sources of data. I highly

recommend when using secondary data that you use data that is less than five years old.

The marketplace changes too quickly and you want your sources of information to be

reliable. When determining your target market look not only at the demographics, but also

at the behaviors and needs of your customers.

The third step is “Positioning You.” This step is often missed. Let me go back to the map

and compass analogy I used. The mapping part of the plan is thinking more strategically

about your marketing. The compass part of the plan is setting the direction and keeping

you on the trail. If you don’t have positioning in your strategic plan then you will jump off

course and will be bush-whacking your way through “trying things out” or “throwing your

time and dollars away.” Positioning will identify how to utilize your product and service

attributes and evaluates them against the behaviors and needs of your target market. By

Page 6: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

working through some useful positioning tools you will determine your competitive

advantage, the benefits to your target market and your strengths.

The forth step is “Marketing Mix.” This is the step most businesses jump to, missing the

first three steps. This is where my business owner friend pulled out the wallet and watched

the money just pour out. The “Marketing Mix” consists of product, pricing, placement,

promotion and expansion. You may have seen or read about more “Ps” in marketing, but

for the sake of presentation I group the additional “Ps” such as packaging under product.

By going through the first three steps in the marketing plan you identify which “Ps” in the

mix will work for your business. Under product you may find you need to add a product

line that your target market will purchase in order to increase your sales. Perhaps you need

to develop a new label for your value-added products that will capture your customers’

attention or “tell” your story. Under pricing you may need to increase your product pricing

to cover your costs or bundle your products to sell low margin products with greater

efficiency. The placement of your product could entail evaluating your distribution

channels for greater sales or increase profitability. It could be simply modifying your

product placement in your farm stand.

Promotion is another tactic that is often ‘jumped to’ without doing the evaluation in the

first steps in your marketing plan. When you go through the “Positioning You” step of the

process; you determine how and what you want to say to your customers about your

business, you identify a consistent message and theme and you establish a brand identity.

Page 7: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

You will have identified your target market and determined the best means of advertising

to them. In addition, you’ve likely identified types of special events you may want to hold

that fit you, your business and your customers.

The final step is “Plan for Action.” In this step you will set a plan for action defining what

will be done, who will be responsible and when it will be done. Don’t undertake all the

actions at once, determine which ones you can do first and prioritize the actions for the

next one to three years. Also, establish measurement methods and tools for determining

your marketing investment return. One idea may be in your sales objectives you have

established in the “Analyze This” step such as measuring your sales dollars. Other

possible measurements are your marketing budget to sales ratio, customer satisfaction

surveys or personal interviews to determine the effectiveness of an advertisement or

promotional effort. Your methods will be established throughout the planning process.

In conclusion, a dynamic marketing plan lays down the strategic foundation and

establishes how you position your business (products and services) in the marketplace. A

good plan coordinates the marketing mix, assures your tactics are consistent with your

objectives and gives you measurements for determining the return on your marketing

investments. It is your map and compass. Think more strategically about your marketing

by taking the critical first three steps, it makes the fourth and fifth steps, and more

importantly your business much more successful and rewarding.

Page 8: The Dynamic Marketing Plan

54 garland rd, Nottingham, nh 03290 603-942-7160 www.kamigomarketing.com

Related product services Kamigo CompassTM Marketing Plan Are you trying to clearly identify your target market, brand position or the best use of your marketing budget? You need a marketing plan that is progressive. We work in close collaboration with you to develop a personalized plan. Our methods consist of gathering information, decision-making processes, target market identifiers, positioning tools, branding modes and useful tactical tools laying a clear path for you. Kamigo ExplorationTM Market Research Do you feel you are wandering in a haze trying to get a clear view of your customers and market? Market Research reduces the information gap between your business and your customer’s needs and wants. Through marketing research you gain an understanding of your target market, market potential, market share, pricing strategy, new product potential or your promotional efforts. Our approach incorporates problem definition, research design, sample selection and methodology, data gathering and analysis, and reporting to meet your research and budgetary needs. Kamigo Marketing, LLC works with you to design and select marketing strategies that differentiate your company from the others. We help you with your time and frustrations because we have solid marketing expertise allowing us to hit the ground running. We bring knowledge, ease and understanding to your business’s marketing.