If you’re reading this, I assume you’re interested in online marketing and digital marketing. I’m assuming that because you’re reading an article about My Online Marketing Made Easy, which is an automated marketing tool designed for small businesses.
The Importance Of The Online Marketer
An increasing number of businesses are moving towards online marketing and digital marketing as a cost-efficient and effective way of reaching customers. This also means that a greater number of businesses are relying on affiliates and online marketplaces to generate revenue.
The role of the online marketer is changing as more and more businesses realize the importance of having an online presence. For many businesses, this involves having a website, which could be considered the foundation of an online marketing campaign. However, creating a website alone does not ensure that you’ll automatically attract customers.
Why Should You Build An On-line Marketing Strategy?
Even for those companies with a physical location, operating a retail store and providing services locally is not sufficient to ensure consistent revenue. To thrive in today’s market, businesses must embrace and leverage the power of the internet.
Establishing an on-line marketing strategy and executing a digital marketing campaign is the perfect way to leverage the internet to reach potential customers, engage them, and eventually generate revenue. This involves establishing a clear, concise strategy that will help you in the long-run.
It’s important to note that establishing an online marketing strategy does not mean that you have to have a massive, complex website. It simply means that you’ll need to define the purpose of your website and outline the elements that you’ll need to include to achieve that goal.
What Is A Marketing Plan?
Marketing plans are very similar to business plans. However, instead of focusing on the finances, business plans usually focus on the marketing and sales aspects of a business. A business plan is usually a written document that focuses on the following:
- Product
- Marketing Plan
- Operations
- Financing
- Operating Costs
- Sales
- Market Analysis
- Management Team
- Financial Analysis
- Income Projections
- Establishment Of A Budget
- Operations
- Targets And Strategy
- Budget And Revenue
- Operations
- The Business’ Vision
- The Product/Service
- The Marketing Plan
- The Operations
- The Sales
- Key Accounts
- Key Employees
- Pricing Strategy
- Availability Of The Product
- The Business’ Philosophy
- Any Other Relevant Information
This information can then be presented to prospective investors, lenders, and/or other businesses.
What Is A Digital Marketing Plan?
A digital marketing plan is the culmination of your online marketing strategy. It will outline the elements of your overall online marketing plan as well as specific campaigns that you’ll launch online to achieve your marketing goals. A digital marketing plan should include the following:
- The Big Picture
- The Marketing Plan
- The Analytics
- Key Performance Indicators
- The Cost Of Launching The Campaigns
- The Key Activities/Tasks
- The Timeline
- The Budget
- The Investment Plan
Ensure that everything is spelled out clearly and that all the data is easily accessible. As you develop your marketing plan, you should consider reviewing the performance of previous campaigns and taking this into account as you develop your next plan. This process, known as retrospective analysis, can help you identify improvements and innovations that you can implement in your next campaign. It also allows you to track the success of past campaigns and determine how you can better optimize future ones.
What Is A Social Media Marketing Plan?
A social media marketing plan is very similar to a digital marketing plan, but it usually focuses more on the digital channels, specifically Facebook, Twitter, and LinkedIn. However, a business can utilize social media to market products and services in a variety of ways, so the definition of a social media marketing plan can vary depending on your goals. For example, if you’re looking to increase brand awareness, you might want to consider using social media to establish yourself as an authority in your industry. You could then use this platform to disseminate important news, announcements, and relevant information about your industry.
If you’re looking to generate interest in your brand or product, you might want to consider using social media to engage with your audience, build a community, and eventually drive revenue. The choice is yours.
How Is A Marketing Plan Different From A Sales Plan?
A marketing plan is more detailed and in-depth than a sales plan. A marketing plan will include everything considered essential to the success of an online marketing plan, while a sales plan usually focuses on converting online visitors into paying customers. To put it differently, a marketing plan is the blueprint of an online campaign, while a sales plan is the route map to take to reach specific sales targets. Having a clear distinction between the two can make a world of difference in terms of ROI (return on investment).
What Is An Analytics Plan?
An analytics plan is similar to a digital marketing plan, but it usually focuses on the data collection and analysis aspects of a digital marketing campaign. A business can use analytics to track the performance of a campaign, identify potential customers, and determine the results of their online marketing efforts. An analytics plan can include the following:
- The Big Picture
- The Data Warehouse
- Customer Segmentation
- Productivity Analysis
- Retrospective Analysis
- Performance Analysis
- The Marketing Plan
- The Analytics
- The Budget
- The Investment Plan
A business can use analytics to track the performance of a campaign, identify potential customers, and determine the results of their online marketing efforts. Analytics allows a business to optimize marketing campaigns, determine the effectiveness of their ads, and create content that will appeal to their target audience.
How Many Of These Plans Do You Need?
To figure out how many of these plans you need, you need to determine what your goals are. Are you looking to increase brand awareness? Are you looking to gain interest in your brand or product? Are you looking to generate sales? Once you’ve determined your goals, you can work backwards to figure out how many of these plans you’ll need to achieve them.
When Do You Need To Have These Plans?
These plans don’t need to be perfect, but they should be well-thought-out and complete. It’s preferable to have a marketing plan at the beginning of a campaign as it will lay the groundwork for your entire plan. If you’re just getting started, then a short-term marketing plan might be sufficient to get you going. However, as your campaign develops, you can flesh out the details of your plan and add more sections as needed.