The Importance of Strategic Marketing Planning

I remember as a kid growing up in the Broken Hill out in the bush and watching 1980’s Christian TV ads where an impassioned preacher was delivering his sermon and hollered to the congregation:

“If you are FAILING to plan, you are PLANNING to FAIL …”

Strategic Marketing Planning

These ads have stuck in my memory for over thirty years which suggests:

a) They were very effective ads
b) The message was worth remembering.

So, as we start the New Year, refreshed with energy and optimism for the New Year ahead of us, what plans do you have?
There is never a bad time to undertake strategic marketing planning – but the start of the year is a great time to think anew about the business you would like to create this calendar year.

The Benefits of Strategic Marketing Planning

The benefits of strategic planning include:
1. Clarity of purpose –“If you don’t know where you are going, any road will take you there”. (Lewis Carroll)
2. Vision – where would you like your business to be?
3. Encourages goal-setting – breaking down the vision into smaller goals or objectives makes climbing the mountain much easier.
4. Identifies a process and  marketing strategy to achieve end goals
5. Identifies actions needed achieve your goals and to turn your vision from a concept to reality.
6. Provides the platform to assess strengths, weaknesses, opportunities and threats (SWOT analysis).
a. You can harness your strengths to maximise outcomes,
b. work on your weaknesses (don’t worry, we all have them!)
c. Tune your mind away from everyday operations and into opportunities for growth, and to shore up your defences against any competitive threats.
7. Gives you a feeling of calm and confidence that you know where you are headed, and how you are going to get there.

Why We Don’t Strategically Plan Often Enough

There are many reasons why don’t engage in strategic planning. Here are just a few:

1. Initially, it is not easy. It involves some serious introspection and personal/business review. It often requires us to ask the hard questions of ourselves and our businesses that he have otherwise adopted an ‘avoidance strategy’ for;

2. It can be difficult to know where to start. If you are feeling this, remember to “eat the elephant one bite at a time”.

3. You don’t have the time. This is a classic hurdle for strategic marketing planning. So often we are up to our neck in the tasks we have to do working in the business, we can’t possibly imagine having time for working on our business … Make the time – it is too important not to.

4. Strategic planning might not be in your skill set. That’s ok, no-one is the master of all skills. If this is the case for you, then get a strategy consultant in to run the process for you. Even if your business spent $10,000 on the strategist, I am very confident you would recoup the fee many times over throughout the year. Possibly ten times over . . .

Well, there is a brief overview of the importance of strategic marketing planning. I am sure you will agree that it is vital to setting your business on the right path to achieving the best business you can have.

So, what are your plans?

Do it Yourself or Outsource to an Adelaide Marketing Agency

If you would like to turn the challenges of today’s fast changing landscape into opportunities, then partner with us as your local Adelaide marketing agency , and together we will develop marketing content which is relevant, valued by your clients and which serves to prove you reputable business in your industry. Learn more about how you can benefit from working with an advertising agency.

Drop us a line here, call us at 1300 733 255 or email us at info@marketingcatalyst.com.au and we will happily meet for a no obligation consultation.

 Get in touch to book your campaign.

We respect your privacy.

If you are looking for an automotive marketing agency who gets you and your business, you are in the right place. Contact us today to get your Digital Marketing Campaign underway.

Do you need more leads?

We respect your privacy.

Check out our free 5 Step Lead Generator and discover how to get more leads into your sales funnel today.

 

Get your free copy now.

Download the 1 Page Marketing Plan to see where it all fits.

We respect your privacy.

See how well your marketing is performing

We respect your privacy.

Download free tips on the right digital strategies

We respect your privacy.