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	<title>Chris Goodwin :: Speak on it! the Blog &#187; Marketing Plan</title>
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	<description>Speak on it playboy!</description>
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		<title>6 Step Marketing Strategy</title>
		<link>http://chrisgoodwin.info/blog/6-step-marketing-strategy/</link>
		<comments>http://chrisgoodwin.info/blog/6-step-marketing-strategy/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 20:30:53 +0000</pubDate>
		<dc:creator>That Guy</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing Plan]]></category>
		<category><![CDATA[Marketing Strategy]]></category>

		<guid isPermaLink="false">http://chrisgoodwin.info/blog/?p=30</guid>
		<description><![CDATA[If your planning on starting up a small business or launching a project here is a simple marketing strategy I compiled that will help maximize your effort. What is the purpose of your marketing plan? (ex: get a client to call or purchase a product) How can you separate from others? (research your competitors, make [...]]]></description>
			<content:encoded><![CDATA[<p>If your planning on starting up a small business or launching a project here is a simple marketing strategy I compiled that will help maximize your effort.</p>
<ol>
<li>What is the purpose of your marketing plan? (ex: get a client to call or purchase a product)</li>
<p></p>
<li>How can you separate from others? (research your competitors, make a comparison list)
<ol>
<li>What solution or quality can you add to your target client?</li>
<li>How can you maximize their profit?</li>
<li>In two sentences explain why a client should use you over the competitor across the street. Keep it short and sweet go for their heart no head. (ex: &#8220;In the factory we make cosmetics;         in the drugstore we sell hope.&#8221; Apple did a good job with &#8220;1000 songs in your pocket&#8221;)</li>
<p>
</ol>
</li>
<li>What is your strategy?
<ol>
<li>What mediums will you use? (mailers, emails, ads, speaking&#8230;)</li>
<li>Make sure each medium is setup to analyze. (landing page, analytics, calls)</li>
<li>Work with your target clients perceptions. (ex: did you know soy milk does NOT need to refrigerated before it&#8217;s opened? In grocery stores they market it by having it in the refrigerated section to give the perception it&#8217;s more fresh.)</li>
<p>
</ol>
</li>
<li>Set a realistic budget</li>
<p></p>
<li>Set realistic goals, refer back to your purpose (step 1) and set a time line for each medium.</li>
<p></p>
<li>Analyze all avenues taken to find the most effective.
<ol>
<li>A good way to analyze effectiveness is to use these two simple formulas.</li>
<li>Cost per sale:: Amount spent on that medium (divided by) number of sales = Cost per sale</li>
<li>Cost per reaction:: Amount spent on that medium (divided by) number visitors/calls = Cost per reaction</li>
</ol>
</li>
</ol>
<p>This is just a brief overview, if you would like to learn more about marketing fundimentals head on over to <a title="Marketing 101" href="www.smallbizu.org/m101/" target="_blank">www.smallbizu.org/m101/</a> for a more comprehensive look at marketing 101.</p>
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