We are no strangers to the feeling of having a billion business ideas running through our minds on a regular basis. While it’s mostly fantastic to have an overly creative mind, it can also leave you feeling a bit scattered and lacking direction at times. When you’re just throwing those ideas out there and seeing what sticks, you’re likely going to be left wondering why none of your advertising is working. That’s why we are so adamant about every business needing a solid marketing strategy in order to get results. You simply just can’t start marketing effectively without knowing where you stand as a business.

Essentially, a marketing strategy is a comprehensive, in-depth plan that acts as a blueprint for the marketing objectives you want to achieve, including who your ideal customers are and how you’re going to reach them. Not only does it give you something to consistently refer to, but it also keeps you accountable. Once you’ve done your marketing research, which we discussed in our blogs on content marketing and knowing your target audience, the strategy will help you to concentrate your efforts and resources on the best possible opportunities to generate profit. 

Start your marketing strategy by outlining your business’s purpose, vision, and what makes it stand out from the competition. Then it’s about setting out who your customers are and why they would be likely to engage with your product or service. The strategy will outline how you plan to reach your target audience, what sort of content you’re going to produce and the communication methods that are going to be most effective. It could also include things like your buyer persona, where the brand is positioned with the market, a timeline for implementing those steps, and a multi-channel activity plan such as advertising the business across social media, a website, and so on. 

Here are just a few reasons why we believe a marketing strategy is a no-brainer.

Talk Directly to Your Target Audience

Gone are the days of marketing that is thrown out into the abyss in the hopes everyone will think they need what you’re selling in their lives — you’ve actually got to connect with your audience. People want to know how your product or service will solve their problem, and that they can trust your brand. In order to know how to do this, you need to have an understanding of what’s happening in the world and in the marketplace, which should all be included in your marketing strategy.

Don’t Waste Your Marketing Dollars

It can be tempting at times to put a few dollars on a marketing campaign, whether it’s on Google Ads or social media, and just “see how it goes’’. But in reality, this approach very rarely works and instead, will have you wasting a lot of money unnecessarily. Getting your brand front and centre stage is all about consistency and strategic spending. Having a marketing strategy that lays out your budget, how and on what you are going to spend your money, and then being able to monitor it is what will benefit your business short and long-term.

Keep Your Content Relevant

Without a plan in place, it’s easy for businesses to get off track and lose their target audience. When you’re able to refer back to who your audience is, check if your content is in line with your brand, as well as if it’s what people are looking for, it makes the marketing process a whole lot smoother. 

Measure Your Success

When we set marketing objectives from day one, it prevents us from wandering aimlessly and hoping good things will just happen. Unfortunately, like any other form of success, marketing success isn’t done on a whim and it most certainly doesn’t happen overnight. Setting goals, as well as expectations for your return on investment (ROI), gives you something to look back on and reassess what is and isn’t working.

And as always, if you’re still feeling a little lost when it comes to your marketing strategy, it’s what we do best. So, don’t hesitate — reach out and let us help your business grow.

Read enough? Contact us here.