Deciding on a marketing plan or campaign for your business is crucial to your success. For small businesses, this means to keep getting your name or brand in front of your target market. To reach the clients or customers that you need to reach, consider varying your message to match the needs of each type of customer.
A varying message will reach potential customers where they work, live and surf the Internet. This will help them to remember your message, to really hear and then to decide if your product or service is what they want or need. A marketing mix can be used by a single business owner or a worldwide corporation. Although the scale and cost of each plan will be vastly different, the end goal is the same.
The process of ad campaign planning should start with setting clear goals. Do your research and this will allow you to set directives for your campaign. This is also the point where you will establish your preliminary budget. The budget can always be changed later to reflect any constraints.
Once your campaign begins, it must be evaluated regularly to make certain that it lives up to expectations. Plans can be modified and adjusted as needed while the campaign runs through its schedule.
Return on investment or ROI is a key component that is measured during any campaign and used as a benchmark for future campaigns. Meaningful data should be collected throughout the campaign and then weighed against some pre-determined criteria. It is important for the decision makers to know: which ads are most effective? Which ads are driving sales and bringing in customers? Knowing the most effective ways to advertise your business will assist you with any future campaigns.
Most of the information collected during the campaign can also be used to direct everyday purchasing decisions. Many campaigns have been used to completely change consumer perspective or to reinforce prior purchasing decisions and still other campaigns may be used to build goodwill or simply to educate customers.
Determining the success level of your campaign is important both during and after your campaign. It is these types of evaluations that will insure our campaigns are meeting current expectations and can be used in the future. Determining what to use now can be hard enough without having to worry about the future. This is why proper planning now can give you a great campaign with only minor tweaks needed for the future.
Marketing Mix Related Articles
- Advertising and the Marketing Mix
- Brand Management
- Cause Related Marketing & The Marketing Mix
- CRM and the Marketing Mix
- Effective Promotions
- How Does Humor Help In Viral Marketing?
- How to Tell if your Marketing Campaign is Working
- Loyalty Marketing
- Marketing - Social Bookmarking and Blogging Recipe for Success
- Marketing and the Online Experience
- Marketing Management and the Marketing Mix
- Marketing Mix and Marketing Concept
- Online Business Marketing
- Online Business Success and the Marketing Mix
- Price Sensitivity and the Marketing Mix
- Strategic Marketing and the Marketing Mix
- The Four P’s of Marketing
- The Marketing Mix & Online Advertising
- The Pricing Component of the Marketing Mix
- Walt Disney Marketing
- Website Marketing and the Marketing Mix
- Why is Marketing Mix Important?