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Your Marketing Plan Must Create Multiple Streams Of New Prospects,
And Convert Them Into Lifetime Customers That Deliver The Profits To Guarantee Your Financial Success! Here's how to do it...
When you have confirmed your marketing strategy, you will know exactly which segments of your market you are going to target, and you will have worked out why they should prefer to buy from you, rather than your competitors.
Your strategy also defines the pricing point of your product or service, and your prefered "route to market" i.e. direct to customers or through re-sellers of distributors, online or offline or both.
Your marketing plan lists the series of activities that you will gradually test, to achieve the following objectives:
1). Create initial enquiries and sales leads from qualified prospects (not time wasters) 2). Deliver a welcomed and value-giving series of communications which provide more advice, guidance and value than your competitors, and clearly demonstrates and explains why the prospect should take the buying decision. 3). Nurtures an ongoing lifetime relationship with customers to keep them delighted and loyal to your company, deliver long-term value to customers, and profits to your bottom line. Based on who you are targeting you need to come up with a list of relevant media options that most closely reaches this prospect group, with minimum wastage. This might include a combination of offline activity e.g. advertsing, direct mail, seminars and exhibitions, and telemarketing, plus online methods including web sites, email marketing and sponsored llinks e.g. Google Adwords.
You must also decide how you are going to measure the success of each test activity.
Here's a summary of a marketing plan for a softwware company which will illustrate some of the activities to consider:
LEAD GENERATION
CONVERSION TO SALES
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