Developing an online marketing strategy is essential before you do any marketing or promotion of your business. Without a strategy it's like stabbing around in the dark, not knowing what you want to achieve. You risk your marketing becoming unfocused and not producing the results you really want.
An online marketing strategy is the general and overall approach you'll take with your marketing and encompasses the big picture. It's the starting point for choosing the most effective marketing tactics to use and then the actions you need to take. A clear strategy helps you make the right day-to-day decisions, saves you time and keeps you focused.
Before doing any marketing of your business, you need to develop your strategy. This gives you a clear picture of what you're up against and what you need to overcome through your marketing. This enables you to choose the best marketing tactics. The tactics are the means of achieving your strategy.
With so many different marketing tactics to choose from it's to easy to do what many people do and that's just pick any tactic. Just picking any tactic prevents you from maximising your marketing and the results it produces. You may use a variety of marketing tactics to fulfil your strategy.
So, how do you develop an online marketing strategy?
First you need to do an appraisal and gather information about your company, competitors, customers and other industry players. You need a clear picture of what you're up against. This includes identifying your target market/clients and carrying out a SWOT analysis.
S - Strengths What are the strengths of your business?
W - Weaknesses What are the weaknesses in your business?
O - Opportunities What opportunities are available to your business?
T - Threats What threats is your business facing?
Next, define specifically what are the challenges and problems that you need to overcome. From this answer the question, "What will it take to overcome your main marketing challenges and problems?"
Once you've developed your objectives, then choose the strategies to support these objectives. Your strategies could include:
Improve communication
Educating potential clients
Sharing information
Increase awareness of your products/services or company.
Then select the most effective marketing tactics to bring your strategies to life. These tactics then need to be turned into an action plan.
About the AuthorWendy Hearn Internet Marketing Coach
She works with people who want to dramatically improve the results of their website and internet business. You'll get individual personal attention that's with you every step of the way
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