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Building an

Effective
Marketing
Plan
BY: KIAN DANIELLE P. VALDEZ
Components of an Effective Marketing Plan

● The effectiveness of your marketing plan depends on your


organization and how well your business performs as a team. A
marketing plan template can help you outline the path to
success. Your marketing plan should reach every facet of your
company, from the mailroom to the boardroom, as every
employee is a major touchpoint in delivering your plan.
Components of an Effective Marketing Plan

● While a marketing plan’s effectiveness depends on execution, a


well-organized marketing strategy is crucial. The way your
business performs as a whole can affect your brand positioning,
your cross-channel integration, and your delivery methods. The
best way to develop an effective marketing plan is by:

1.) strengthening every touchpoint from within your company, and;

2.) outlining your strategy from start to finish.


Four Marketing Plan
Questions
For any marketing plan to be effective, it
must answer these four key questions:

1. What is your marketing objective?


2. What is your detailed marketing
strategy?
3. What are the costs of these activities
when compared to the price of your
products and services?
4. Who are your teams and team leaders
in accomplishing your marketing plan?
Marketing Plan Outline | 6 Effective Steps

1. Set your company apart from your competitors.


2. Set clear goals and objectives.
3. Use market segmentation to find your target audience.
4. Develop an appropriate, multi-channel marketing
strategy.
5. Plan your budget.
6. Measure and collect data.
Marketing Plan Outline | 6 Effective Steps

1. Set your company apart from your competitors.

Define your strengths and opportunities against your competitors.


How do your products and services stand out? Are your competitors’
brand images stronger than yours? In what ways can you increase
your brand value? Are there multiple channels leading to your
products and services?
Marketing Plan Outline | 6 Effective Steps

2. Set clear goals and objectives.

Do you have the resources for success? An effective plan means


knowing how to measure success and target growth. Are you
prepared to hire new employees, ramp up production, fine-tune
customer service, or provide better distribution methods?
Marketing Plan Outline | 6 Effective Steps

3. Use market segmentation to find your target audience.

Your target customers are those who will invest their time and
money into your products and services. Your marketing plan will be
much more efficient when you trim the fat. Determine who your
products and services will serve based on lifestyle, social class,
activities, geographic region, hobbies, values, attitudes, and
personality traits.
Marketing Plan Outline | 6 Effective Steps

4. Develop an appropriate, multi-channel marketing strategy.

Connecting with your customers has never been more complicated.


Today’s customers value convenience, reliability, and choice—and
they want to be able to connect to your brand from anywhere. Digital
marketing strategies include emails, websites, social media, SMS
messaging, apps, SEO content, and more to engage your customers
across multiple touchpoints.
Marketing Plan Outline | 6 Effective Steps

5. Plan your budget.

A well-organized plan will draw investors. A wise strategy includes


planning for success as well as setbacks.
Marketing Plan Outline | 6 Effective Steps

6. Measure and collect data.

From social media followers to open rates on emails, the details can
help guide you to a more effective campaign. Setting up weekly,
monthly, and quarterly goals can help you keep track of important
landmarks along the way. Consider using an agile mindset and
methodology that helps you measure your marketing effectiveness
through team-oriented initiatives and innovative approaches. Use
data to your advantage and change your company culture at the
same time.
QUESTIONNAIRE
:
QUESTIONS:
1. What are the best way to develop an effective marketing plan?

2. What are the 4 key questions for any marketing plan to be


effective?

3. What are the six major components needed to make any


marketing plan effective?
Thank you for
listening

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