For example, Google Trends shows you what search topics are popular right now. If you have an AdWords account, you can use Google’s Keyword Planner tool to learn more about search volume for specific phrases, as well as to generate new keyword phrases. Google also has another tool, Correlate, which lets you look at searches that correspond to real-world events.
This section could fit into your abbreviated business plan, but I personally like it kept in the marketing plan since the strategy you select will play a very significant role in how you create your marketing messages. Answer: What you will charge for your products/services? Why did you select that price point? What variations will you have on your standard pricing (coupons, discounts, etc.)?
The transaction price, or amount customers pay when they buy from you, can dictate your success. For example, if your average customer transaction is $100 but your competitor’s average customer transaction is $150, they will generate more revenues, and probably profits, per customer. As a result, they will be able to outspend you on advertising, and continue to gain market share at your expense.
DigitasLBi was formed in 2013 when Publicis Groupe merged LBi, a marketing technology agency, and Digitas to create a digital agency that blends data with great storytelling. With a strong presence in North America, Europe, Asia and the Middle East, DigitasLBi has produced award winning work for Disney, Playstation, Dunkin’ Donuts, Whirlpool and more. See their online portfolio here.
Friendemic is an online reputation management and social media marketing agency founded in 2010. Headquartered in Salt Lake City, UT and with offices in Dallas, TX, San Diego, CA, and Cookeville, TN, the team of 50+ uses proprietary software to help clients monitor their online reputation 24-7. They also create and manage social media campaigns and content to generate leads – mostly for clients in the automotive industry.
FleishmanHillard is one of the world’s three biggest PR firms and is a member of Omnicom Public Relations Group. Founded in 1946 by Alfred Fleishman and Bob Hillard, the St. Louis born agency provides reputation management, public affairs, brand marketing, digital strategy, social engagement and content strategy services. They currently serve as PR agency of record for Bose, GM, Russell Stover, Western Union and more.
• Manages the development, recommendation and implementation of programs for new and/or enhanced retail in Canada to drive new accounts, liabilities and revenue, promote business growth, maintain market competitiveness, expand customer relationships, meet customer needs and maximize contribution to economic profit (products managed include: Term Deposits, GICs, RRIF, Chequing Accounts, Savings Accounts).
Crowd is a global communications and design agency headquartered in San Francisco with multiple locations in the United States, Toronto, Shenzhen, London, and Dubai. The 30-person team offers comprehensive communication and marketing capabilities, including full-service web design and social media campaigns. Clients of Crowd vary widely in terms of industry and scale, demonstrating the small firm's versatility in providing digital solutions.
A local credit union based in Mass. needed to increase traffic to its website to maintain growth. They went to inSegment for a complete digital marketing strategy. inSegment redesigned the credit union's website and continued to manage its web hosting and optimize its search presence. Members and employees of the credit union found the new website more pleasant and easier to use, and their search appearance has grown steadily.
Social Diva Media is a boutique agency creates digital campaigns and integrated web strategies. Founded in 2009, Social Diva Media specializes in social media marketing, mobile app marketing, and digital strategy. Comprised of fewer than 10 employees, Social Diva Media is a full-service agency that uses outreach, engagement, and analytics to deliver quantitative results to its clients.
In other words, with the marketing plan at hand, you get to hold on to your competitive advantage for longer because it no longer is detached from other variables. Instead, your competitive advantage now makes an integral part of your breathing marketing plan. So, whenever one of the variables which render it unique change, it changes. Tracking changes will never be easier!
Here is an important aspect to consider every time – or maybe six aspects: it’s called PESTEL and stands for the political, economic, social, technological, environmental, and legal aspect of the target market. A few years back it used to be just PEST analysis, but recently, there has been increasing pressure to upgrade with Environmental and Legal aspects as well.
Back in 2016, Revenue River Marketing worked with a construction products distributor to redesign its website. The client's old website was slow, making it a less than ideal resource for communicating with customers and providing top-notch customer service. Revenue River Marketing led the redesign and ensured the updated website had e-commerce features that integrated with the client's enterprise resource planning (ERP) system. Revenue River Marketing then went on to create content for a blog and social media sites.
For over 40 years, Epsilon has helped drive business growth for brands. The global marketing company employs over 8,000 people in 70 offices worldwide and is a subsidiary of Alliance Data Systems Corp, a loyalty and marketing services company. Epsilon specializes in data, customer insights, loyalty, email, CRM and digital strategy. Ad Age recognized the agency as the #1 World CRM/Direct Marketing Network, #1 U.S. Agency from All Disciplines and #1 Largest U.S. Mobile Marketing Agency.
Mirum Agency is a digital marketing agency with offices around the globe – from California to Texas to Minnesota to Dubai to Spain and more. Founded in 2015, Mirum combines strategy, creativity, and technology to understand business and human motivations. With a sizeable team (1500+) of digital savants, storytellers, and makers, Mirum Agency specializes in web design, social media marketing, digital strategy, advertising, and branding.
Burson-Marsteller is a global public relations firm that is part of Young & Rubicam group, which is a subsidiary of WPP. Established in 1953 by Harold Burson and Bill Marsteller, the agency now has a worldwide network that consists of 77 offices and 85 affiliate offices and operates in 110 countries. Burson-Marsteller has worked with Ford, Thomson Reuters, Blueair and more. Check out Burson-Marsteller on Agency Spotter.
Adlicious is an independent media agency located in Germany and New York, NY. Founded in 2013, Adlicious is comprised of nearly 20 marketing experts, data strategists, and statisticians. By offering marketers advanced digital advertising solutions, Adlicious helps its clients overcome the boundaries of conventional market research to better understand customer behavior before embarking on a marketing campaign. Other services offered include media planning and buying, branding, and social media marketing.
mc Group is the largest independent PR and advertising agency in both, Germany and Europe. They have worked with big brands such as Visa, Vodafone, Gazprom, CNN and Real Madrid to name a few. With more than 80 offices worldwide, the German communications agency is the only agency to be present in all 28 EU Member States and the economic centers worldwide.
A marketing plan is a comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing mix that a business will use to achieve their marketing goals. A marketing plan has a formal structure, but can be used as a formal or informal document which makes it very flexible. It contains some historical data, future predictions, and methods or strategies to achieve the marketing objectives. Marketing plans start with the identification of customer needs through a market research and how the business can satisfy these needs while generating an acceptable return. This includes processes such as market situation analysis, action programs, budgets, sales forecasts, strategies and projected financial statements. A marketing plan can also be described as a technique that helps a business to decide on the best use of its resources to achieve corporate objectives. It can also contain a full analysis of the strengths and weaknesses of a company, its organization and its products.