I’m often asked for marketing strategy advice as I have advised several thousand businesses. Here are some of the questions that I ask, during an initial conversation:
* Do you have a written business plan?
* When was the last time that this was reviewed?
* Do you have a written marketing plan?
* How often do you look at it?
* What is your turnover target for the year ahead?
* What is your profitability target for the year ahead?
* Which customer segments are you targeting?
* How many customers will you need to achieve your goals?
* How are you positioning your business?
* What makes your brand stand out from the crowd?
* To what extent are you using AI?
* Which AI tools are you paying for?
* Where do you keep your customer records?
* How often do you contact customers?
* How many products / services do you have?
* Is your pricing maximising your profit potential?
* Where are your customers (local, regional, national, global, online)?
* With regards to promotional activities, are they:
a) Primarily time based (i.e. your time)
b) Based on a modest budget + your time
c) Primarily budget based (i.e. using marketing communications
agencies and / or marketing staff or freelancers)
* Have sufficient numbers of customers heard of you?
* How are you measuring your marketing results?
* What does the measurement tell you?
This is part of my work as a marketing plan consultant.
Are you happy with your marketing strategy? Do you have enough customers? If you could use some help, send an email to: nigel@nigeltemple.com
This is very useful Nigel, I love the brevity and simplicity of it.
Many thanks, I can see the year ahead may have some direction for me after all!
Brian.
Thank you Brian. It takes me quite a long time to produce a short message!
Thanks; That reminds me of a quote by Pablo Picasso — ‘It took me four years to paint like Raphael, but a lifetime to paint like a child.’
Sometimes it takes much wisdom and experience to put things simply.