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Objectives |
These are your broad, business-driven, brand-driven, market share-driven goals. |
Strategies |
Strategies support each one of your sales and marketing objectives and represent the umbrella for specific, budget-based tactics. |
Tactics |
Tactics are the specific initiatives, tools and events needed to implement your strategies. Each tactic has its role, timeline and budget. |
More about ...
MORE ABOUT B2B STRATEGY DEVELOPMENT
First, it's important to assess your market presence, your selling environment, your uniqueness (what sets your company apart from your competitor), and your strengths and constraints.
Next, define your sales objectives, your business goals and your communications objectives. Remember that a sound b2b strategy considers your sales environment and your business / market environment, not just your advertising needs.
Make sure you (or your agency) conducts a media analysis where you consider both traditional media as well as web-based media, to uncover all possible methods of getting your message out to your target audience.
In b2b strategy development, we always recommend a written marketing / advertising / sales / communications plan. Only this way can you have your team assess the plan to make sure it is both sound and achievable.
Make sure that your creative approach supports your marketing communications plan; that your identity, and the look and feel of your website, your collateral, your ads, your packaging - even your business cards - are aligned with your objectives and strategies.
A b2b strategy is important to your business. Of course, so is the implementation of your strategic marketing plan. Make sure you assess the scope of the marketing work to be undertaken, and determine what human resources you'll need to carry out the plan. Get outside help if necessary.
Be sure to develop ways of measuring the results of your efforts. With today's robust analytics, measurement is fast, allowing you to re-assess specific tactics and adjust on the fly.
Always remember that in planning your b2b strategy, your sales and your marketing functions must mesh. You need to ensure that your marketing, advertising and support activities are always aligned with your sales goals, and that both sales and marketing personnel are part of the marketing strategy team.