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Marketing Is A System, Not An Event

Small business marketers love the chase. Love the new fangled way to make the phone ring. They love to think of a marketing promotion as a single event. But it’s precisely this view of marketing that holds most small businesses back. They fall prey to the “marketing idea of the week” and never fully explore what it takes to create and build a completely functioning, consistently performing, marketing system.

In this article I am going to outline the basic steps that any business can follow on the way to creating their very own marketing system. But first let’s explore this word system in the context of marketing. Small business owners have no problem thinking systems when it comes to say, accounting or hiring. When it comes to marketing though, all bets are off. It’s as if they are waiting for magic fairy dust to fall upon them with the next great marketing innovation.

Look, effective marketing is little more than creating and operating an effective marketing system. Now, when I use the word system I mean several things. 1) The system is documented – You can’t have a system or a step in a system unless you write it down. 2) The system is built on sound marketing principals and 3) You constantly measure, innovate, and refine the system.

Okay, so on to the system building steps.

1) Narrow and define a target market – Small business owners love to say yes. “Sure we can do that.” The next thing you know the target market is roughly anyone they think will pay them. You must commit to a narrowly defined target market and you must focus all of your attention upon serving that market like no one ever dreamed of. A narrow marketing focus might be – Estate Attorneys – as opposed to Law Firms.

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Building Marketing Momentum For Your Small Business

The success of your business depends on your ability to build marketing momentum. Without the ability to generate new sources of leads your capacity to sell will slump and the growth of your business will stagnate or shrink.

Unfortunately, many small business owners are at a loss when tasked with coming up with new ways to market while others are frustrated into stagnation by seeing consistently ineffective results from their marketing efforts. It doesn’t matter if your business is young or established. If your business is young you must market well simply to survive. On the other hand, if you have had marketing success with a method that does not increase your opportunity to generate new business your success will be stunted by your limited ability to find new sources of business.

Building marketing momentum is like kicking a ball down a hill that keeps getting steeper. Each time the hill becomes a little steeper the ball will roll faster and pick up momentum. In marketing, any tactic you add to attract attention to what you do is like making the hill a little steeper.

The other day I was talking to Ed who runs a successful metal shining business. I asked him how he went about generating new sales. He told me that 100% of his marketing effort is networking. I couldn’t help but wonder why. I realize that he is doing well with it but if he simply placed an ad in the yellow pages that generated just one sale a year he would cover the cost of the ad and be profitable!

Even though Ed’s networking efforts are successful he is limiting his ability to grow his business by only implementing one form of marketing. By simply trying something new in addition to networking Ed can benefit from developing a new way to generate leads and build his marketing momentum.

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Creating a Marketing Plan for Your Website

Have you created a marketing plan for your Website? If not, it is time to think about developing one. An Internet marketing plan helps you make the right day-to-day and long term decisions. Without a marketing plan it is more likely your Website will be a drain on finances rather than a business builder.

Creating a marketing plan need not be scary or difficult. It does not require a marketing degree or a lot of experience. You do, however, need to put some quality time into writing your plan. There are different ways to write a marketing plan one of which is to create a marketing plan outline (or single summary page) through a five step process.

5 Steps to Creating a Marketing Plan

Those five steps are:

1. Gather and Analyze Information

2. Verbalize Your Main Challenge(s)

3. Develop Your Website Objective(s)

4. Create Strategies

5. Choose Marketing Programs

As you create your marketing plan fill in the knowledge you gained while developing the five steps.

Step 1: Gather and analyze information.

You will need information about your company, competitors, customers, and other industry players to reference while creating the plan. This includes all you can find about how the Internet is currently being integrated in your industry with respect to products, promotions, pricing structures, and distribution channels. From this information, you can complete industry and SWOT analyses as well as identify your target customers.

Step 2: Verbalize your main challenge(s).

Write down the main Internet related challenges you want to overcome as a result of your plan. Referring to these main challenges will help keep you focused while creating your marketing plan You may even want to write your challenges down in question form – “How do we _____________?”. When your marketing plan is completed, it will answer the question “How do I address these challenges?”

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Today’s Definition of Marketing. Has It Changed?

With the continued proliferation of the Internet, the meaning of the word “marketing” also seems to proliferate. Cyberspace has opened up a whole arena of new marketing technologies, techniques, and twists. Amidst the online exuberance, it seems each online marketer or salesperson changes the definition of marketing to suit his or her preference.

Many times, ill-conceived notions and perceptions reduce the meaning of the word “marketing” to a shadow of it’s true self. Many see marketing as a series of tactics or gimmicks. Some define marketing as pyramid programs and the like. Others treat the words “marketing” and “sales” or “marketing” and “advertising as synonymous. None of these adequately convey the definition of marketing.

Different Marketing Definitions

Along with all of the new terminology, new techniques, and new twists the Internet has brought us, it has also opened opportunities for misguided notions about the definition of marketing. While the above definitions describe different facets or definitions of related terms, they do not convey the much broader process that is truly marketing. By taking a look at some dictionary and trade definitions of marketing we can get a better feel for what marketing is truly about:

American Marketing Association Definition

The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives. (Note 1)

American Heritage Dictionary’s Definition of Marketing

The commercial functions involved in transferring goods from producer to consumer. (Note 2)

Merriam Webster’s Marketing Definition

1 b: the process or technique of promoting, selling, and distributing a product or service.
2: an aggregate of functions involved in moving goods from producer to consumer. (Note 3)

Marketing Definition From MSN Encarta Dictionary

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Digital Marketing Agency Helps You Grow Your Company

When you need to grow your company it can be one of the hardest tasks that you do. That is the time that you should know how having a digital marketing agency can help you out in growing your company. Once you know about how they can help you out, you will want to hire them to ensure that you get the proper level of results for your company, even with the ever changing digital age. The problem is, many companies think that they can handle this on their own and that could lead to them thinking they can do the job themselves until they start to not have any results.

One reason that the digital PR can help you in growing your company is because it will allow you to get your information out in multiple formats. Now, you could think that this is not possible because you could not do it yourself, but you need to realize that many of these companies specialize in only this type of aspect in the marketing world. Since they specialize in this aspect of marketing, they will know what actually works in this genre. Then you can see that your company will start to grow rather than remaining stagnant.

Another reason that you need to use a digital marketing company is because it will help you in growing your companies following. Now you could think that your company already has a large enough following, but you need to realize that with the constant expansion of competition that is present the chances are good that you could lose your competitive edge. Then you will not be able to have the sales that you need to continue growing your company. However, once you start to use these companies, you will notice that the growth that your company will have is going to be higher than what you thought possible.

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