I have been monitoring a few marketing sites and find it very interesting that so called educated marketers of some predominant centers of higher education would ask such a question on their LinkedIn or FaceBook site such as this one; “What’s the best strategy in developing a business marketing plan?”
What? Did I read that right? Your asking complete strangers, maybe your competition how to create a business marketing plan and this is what you spent 2 – 4 years learning. Okay, that seemed a bit over the top, almost a rant, but it is happening all the time in the virtual realms. One of two things is happening; one, the initials at the end of their name aren’t real or they were not listening in the lectures, right? Maybe, but as I communicate with some of these people, I find that they are simply looking for a clearer process then the institutional classic mechanism that worked 20 years, however, is not working well in this economy or in this digitally social world.
I pass on six words that were gathered at a think tank session on the subject of “How to Gain Market Awareness.” In two days 52 people boiled down years of lectures, presentation, white papers, professor’s opinions and wisdom passed on by market and brand gurus.
Einstein said it better than any market research or professor could explain, “Make it simply, not simpler.” with this in our minds and much consumption of adult beverages an Aha moment struck the crowd.
Defined Purpose, Clear Value, Shared Return.
It is this thinking that helps establish all communications, marketing strategies or even business plans. You must have a strong reason for what you are doing. A well defined purpose for your actions. Then you must establish a clear value for all parties, not just your bottom line. Know what value your offering or relationship has on your target and keep true to that and true to yourself. Finally, establish what the ROI of the relationship will be for both parties. What does the target gain from interacting with you and what will you gain. If in this equation a negative emerges, readjust, realign, redesign your plan. Period.