6 Steps to Marketing Strategy Success

by Victoria Marsh
on 25 May, 2017
Victoria Marsh

Creating a strategy for your marketing is essential to focusing your efforts and achieving success. As author and business strategist Michael Porter says: “a business without a strategy is willing to try anything.”

In the online marketing environment, the opportunities for that “anything” are endless. Without a solid strategy in place, your resources and budget will be pulled in a myriad of different directions and your chances of success will be the same as at a roulette table.

Setting your strategy doesn’t have to be a daunting task. Here, we offer six steps to start the process and get you thinking about the tactics that will be most effective for your business and how to execute them. We have also included a FREE downloadable worksheet to help walk you through this process.

 

DOWNLOAD THE WORKSHEET HERE

 

Step 1 – Understand your customers

It’s important to not focus on yourself but focus on your customers and why you’re important to them. Your customers are the oxygen to your business; if you don’t have oxygen you die. Look at why they might choose you over your competitors and the benefits you bring. Take the time to do the research, it will be invaluable to informing your entire strategy and achieving your goals.

Get more results: The secrets to nailing your key messages

 

Step 2 Establish your brand

It’s important to understand that your brand is not your logo. The concept of Brand is not even a tangible object. Broadly speaking, your brand is a perception. It’s what people say about you. To create a solid brand you need to create a strategy, define your personality, build your brand assets and visually represent what your business stands for.

Realise more: Expert advice on how to build a strong brand

 

Step 3 Build your strategy

Think of your marketing plan as your action plan, it outlines the who, what, where and how. Know what your competitors are doing and what you can offer that is different, better or unique. Know where your audience is, the channels they use and how they like to be communicated with. Spend time understanding the resources required to reach that audience.

Learn more: Why marketing strategy is important for growth

 

Step 4 Align internally

A strategy only works if everyone and everything in your business is onboard. This even includes your metrics. At Apple retail stores their key motivator is creating an unforgettable brand experience for customers. Therefore staff don’t have sales targets. The key sales metric is NPS (positive customer feedback).

Can you imagine trying to create a great brand experience on an aggressive sales floor – it just wouldn’t work! Keeping everyone on the same page also means more productivity, this means more effort is coordinated to achieving your objectives.

Achieve more: How sales and marketing alignment increases your revenue

 

Step 5 Create your tools

Make sure everything your brand touches is consistent, from web to brochures, to uniforms to stores. Keep it sharp and review it as your brand evolves. If you don’t have a visual style guide and a content style guide in place then it’s time to invest in spelling out how you want your brand to appear.

Your tools include every element you need to build to execute your strategy. This includes things such as your website, your communications strategy, your marketing collateral and your photography.

Get more results: Top 10 secrets to brand consistency

 

Step 6 Integrate comms

When putting your message out there don’t confuse people. No matter the channel, keep your message clear and consistent – the same style and messaging on every channel, every time.

Achieve more: Perfecting your digital marketing mix

 

Time for action

Download our worksheet for a list of questions you should be asking at each of these steps. This forms a great base to direct your thinking and help you focus on the essential elements of your marketing strategy.

There is no magic formula to marketing and the process never really ends. Each new iteration begins with a strategy that you can bring it to life, test, watch and learn from. Then you start again, refining and learning … and evolving.

Are you ready to achieve more?

Are you ready to win more customers and boost your profits for the new 17/18 Financial Year? Now is the perfect time to get your ‘game-plan’ sorted and map out your strategy. It’s also important to ensure all your tools are ready, your brand is refined and you’re aligned internally, to put your plan into action.

Thirst Creative are a full-service agency specialising in strategy, branding, digital and design. If you need help consolidation your strategy or building your tools, give Thirst Creative a call on 03 9347 7828 or contact us here to see how we can best position you to achieve success.

More about Thirst Creative

At Thirst, we partner with businesses who are ready for more.

Our team of designers, strategists and developers work with you to understand and realise your business goals. Using a balance of logic and creativity we create strategy-driven marketing initiatives that make you stand out.

At Thirst Creative we build brands with substance, strategy with insight, design that communicates, and digital that performs.

Realise more with Thirst Creative

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