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How to Build a Strong Marketing Strategy in 5 Steps

Noah Durst • April 7, 2021

Top 5 Tips to Build a Strong Marketing Strategy for your Small Business!


Every business is different, and therefore should go about finding new customers in a customized way. Creating and implementing a marketing strategy unique to your business goals will help your business grow.


In order to get the most out of your marketing strategy, we suggest you follow the specific strategies outlined below. Adding this to your overall sales strategy should give your business the plan it needs to increase revenue.


1. Understand your audience


“Everyone is not your customer,” Chris Godin.


Go in depth when determining your audience. The more specific you can be in your targeting the less time you will waste on marketing and sales initiatives. Once you determine demographics such as age, gender, job title, location and industry, you will be able to understand which platforms you will be able to best target these prospects. 


Understanding your audience is important to be able to delegate budget to various platforms. If you are going to target business owners, executives or government organizations, LinkedIn, email, and beefing up your website content and credibility will be a good start. If you are looking to market to millennials, YouTube, Instagram, and website blogs is a good start to marketing your products and services.


2. Set clear goals, objectives, and a budget


"A goal without a plan is just a wish." Antoine de Saint-Exupéry.


Set your marketing goals to closely align to your company goals. Objectives and budget will help you set realistic expectations for your return on your marketing strategy. 

 

These goals will also help you discuss progress, marketing analytics, and make adjustments to ensure you stay on the right track.


3. Understand your market and competition


Knowing not only what your competition is doing, but also the market leaders is important to develop a strategy where you can compete with the best in your industry and gain market share.


In today’s market, consumers are savvy, and will do their research to make sure they are making the best purchasing decision. Positioning your business to stand out from your competition will help consumers see the competitive advantages of purchasing from your business.


4. Create quality content


“You can’t buy engagement, you have to build engagement,” Tara-Nicholle Nelson.


As part of your overall marketing strategy, make sure to add a content marketing strategy. Your content marketing will help your search engine optimization (SEO) and elevate you as an expert in your industry. 


Part of your content strategy should include blogs, which will accomplish both objectives above. Provide informative and quality blogs that are industry-relevant and chock full of keywords. These can be placed within your website design and shared with business publications online, such as Forbes or Huffington Post or many others.  This will help you generate clicks to content that your target market is interested in.


5. Drive traffic to lead to your goals


Knowing what online actions you would like prospects to take is important to curating marketing interest into qualified leads for your business. This could be contact forms, phone calls, online purchases, or reads on blog posts. Start with your web design. Think about your audience, test and consider what will interest you audience, and where you would like them to click. 


“It takes about 0.05 seconds for users to form an opinion about your website that determines whether they’ll stay or leave.”


Do you need to gear your design towards a modern or classic audience? Do you they want to read about your expertise, or see quick snippets of your competitive advantages? These user experience questions will help you structure your web design and content to convert your target audience into leads once they land on your website. 

 

To conclude, creating your marketing strategy is the first step to implementing successful marketing for your business. If done correctly, is going to help you reach your goals and set you up for success. Following these 5 strategies will help get you started.


If you need help implementing a strategy for your business reach out to me at ndurst@cmaxadvisors.com or shoot us a message on our contact page!


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