Continued from page 1
Define Marketing Strategies
Before you can determine how you will market your product or service, you’ve got to put together a features and benefits list, including what it has that
competition lacks. You need a price point, packaging, and you need to decide if and how much you are willing to offer as a discount. All of this will help you properly position it in
marketplace. This information is
foundation upon which all your marketing and promotional materials are created.
Next determine
various sources available for marketing your product or service. Some ideas include print ads, brochures, web banners, your own web site, trade show exhibits, partnership opportunities and promotional flyers.
Implementing and Evaluating Marketing Programs
The final two components are equally important. You’ve got to define a marketing budget, determine how you want to spend it and evaluate its effectiveness. Besides
marketing avenue, decide whether or not you need to hire employees, and what training they will need. Determine how you will motivate your employees, including your management, so that they share your goals and vision.
Evaluating your marketing programs is just as important as
other steps. You may find you need to revise your marketing efforts including lowering
price, highlighting different features, even selecting different marketing programs. An effective marketing plan is one that is regularly updated.
If
thought of creating a Marketing Plan has you overwhelmed, get yourself marketing plan software. Using software will save you time because
software knows
right questions to ask. You fill in
answers as necessary, push some buttons, and before you know it, you’ll be printing a professional-quality Marketing Plan that will chart your company’s future!

Copyright © 2004 Cavyl Stewart. Get more software tips, strategies and recommendations to help you create your marketing plan by signing up for my Exclusive 100% free, 100% original content ecourse: "Simple Steps To Creating A Rewarding Marketing Plan." To sign up please visit: http://www.find-small-business-software.com/marketing-ecourse.html