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Strategic Marketing Plans For Weighting Marketing Activities By Joshua Feinberg Strategic plans are a must have for your fledgling computer business. With a strategic plan you define a means to accomplish your overall goal.
The most successful businesses have a strategic plan in place and they refer to it often. They use it as a living document and not something that sits on the shelf collecting dust.
When developing your strategic plan your first priority should be how you weight the different activities available. Here is a suggested breakdown for you to consider when developing your strategic plan:
Spend about 50% of your time and money on a combination of through organizations and referral marketing.
Spend about 20% of your time and money on doing things related to speaking and teaching and seminar marketing. This part of your strategic plan includes your solo seminars as well as those that you joint venture with accountants and other niche technology providers.
Third priority in your strategic plan is direct mail. Plan to spend about 20% of your time and money on direct mail. Here, targeting is extremely important. In fact
targeting is a factor for consideration with all of the elements in your strategic plan.
The last and smallest facet of your strategic plan should be the activities that tend to work for some and not for others. These are all the other types of activities available from door hangers and telemarketing to targeting specific industries. This part of your strategic plan will include a lot of hit and miss items but you won't know what works until you actually test it.
Bottom Line on Strategic Marketing Plans
Start thinking about building your strategic plan at the very beginning of your business planning exercises. Your strategic plan will hold you on course as you wind your way through the many different techniques available. If you follow the percentages above, your strategic plan will force you to concentrate on proven strategies and only pursue the most risky alternatives in small amounts.
Copyright MMI-MMVI, Small Business Computer Consulting .com. All Worldwide Rights Reserved. {Attention Publishers: Live hyperlink in author resource box required for copyright compliance} Joshua Feinberg helps small business computer consulting firms get more steady, high-paying small business computer consulting clients. Learn how you can too. Sign-up now for your free access to a 1-hour audio training program on Small Business Computer Consulting secrets
Asian consumer growth index bullish for Thailand, China and India Asia Market Research dot com's August update to the Asian Consumer Growth Prospects Index is marked by the first tentative upturn for the long suffering Japanese consumer market, more confidence in the Chinese consumer market with the containment of SARS, and a quite substantive uptick for India (and to a lesser extent Pakistan), where decreased tensions with each other has reduced country risk significantly. RFP trends from market research company show softening of China upward trend for Q1-2 2003 According to one Asian based consumer market and brand research company, the proportion of Requests for Proposals for market research so far this year reduced for China and East Asia, and increased for Thailand. The Asian Women's Shopping Experience: New research from Thailand Similar to the yuppies of the 80's, Asian women are earning and spending, but this newly found wealth is part of a newly found freedom as well as an economic evolution. According to a recent study in Thailand a key female demographic go on brand shopping sprees four times a month. SARS, Thailand, tourism and business travel: How fast for recovery? Latest data on recent tourist arrivals to Thailand reveals major plunges in the usually leading incoming tourist countries of Japan and China but less or nil affect on travel from Europe and Australia. Nobody really knows when the travel and tourism industry and business travel in Thailand and South East Asia will rebound now that all ASEAN countries apart from Singapore are seen as 'SARS free'. Best guesses are that it will be a gradual and steady recovery. Managing perceptions is key. Chinese market research agency SARS procedures Market research is an essentially social activity when it requires primary data collection among consumers. While much publicity on the effects of SARS in China has been focused on the airline, health-care, tourism, and restaurant industries, secondary effects are wide ranging. Consumer growth prospects fall in the wake of SARS April's Asian Consumer Growth Index, AMR's index of consumer growth prospects for the next 12 months, shows almost all of the 12 economies surveyed on the decline, in particular Hong Kong, Singapore and China.
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