The e-Marketing Plan - Brief Overview and Working Scheme

Written by Otilia Otlacan


Continued from page 1

7. Implementation and control: consist inrepparttar series of activities that must be performed in order to runrepparttar 141211 marketing plan in accordance torepparttar 141212 objectives set byrepparttar 141213 marketer. At this stage, it is critical to gainrepparttar 141214 support of all members ifrepparttar 141215 organization, especially whenrepparttar 141216 marketing plan is due to affectrepparttar 141217 organization from its grounds.

8. Performance measurement: constitutesrepparttar 141218 last but notrepparttar 141219 less important stage ofrepparttar 141220 marketing plan, since we can achieve only what we can measure. In order to measurerepparttar 141221 performances achieved throughrepparttar 141222 marketing plan, we need to constantly monitor each previous stage ofrepparttar 141223 plan.

The marketing plan that has a feedback cycle, from 8th stage back torepparttar 141224 4th. That is because sometimes duringrepparttar 141225 planning process, we might need to perform stages 4 to 8 several times beforerepparttar 141226 final plan can be written.

III. The e-marketing plan

The e-marketing plan is built exactly onrepparttar 141227 same principles asrepparttar 141228 classical plan. There is no different approach, but there might be some formal differences given byrepparttar 141229 uniqueness ofrepparttar 141230 internet environment. Many of these differences come fromrepparttar 141231 necessity to ensure a high rate of responsiveness fromrepparttar 141232 customers, sincerepparttar 141233 e-world is moving faster and requires faster reaction from its companies, compared torepparttar 141234 traditional offline marketplace.

Even though it is perfectly acceptable and is a common practice to userepparttar 141235 8-stage classic model forrepparttar 141236 e-marketing plan as well, you might want to considerrepparttar 141237 simplified version proposed by Chaffey, who identifies four major steps to buildrepparttar 141238 e-marketing plan:

1. Strategic analysis: consists in continuous scanning ofrepparttar 141239 macro- and micro-environment. The accent should fall onrepparttar 141240 consumers' needs that change very rapidly inrepparttar 141241 online market, as well as on surveyingrepparttar 141242 competitors' actions and evaluatingrepparttar 141243 opportunities offered by new technologies.

2. Defining strategic objectives:repparttar 141244 organization must have a clear vision and establish ifrepparttar 141245 media channels will complementrepparttar 141246 traditional ones, or will replace them. We must define specific objectives (don't forget to check if they are SMART!) and we must also specifyrepparttar 141247 contribution ofrepparttar 141248 online activities torepparttar 141249 organization’s turnover.

3. Formulating strategies - we do that by addressingrepparttar 141250 following essential issues:

- develop strategies towardsrepparttar 141251 target markets;

- positioning and differentiating strategies;

- establish priorities of online activities;

- focus attention and efforts on CRM and financial control;

- formulate strategies for product development;

- develop business models with well-established strategies for new products or services, as well as pricing policies;

- necessity for some organizational restructuring;

- changes inrepparttar 141252 structure of communication channels.

4. Implementing strategies: includes careful execution of all necessary steps to achieve established objectives. It could refer re-launching of a website, promo campaigns for a new or rewritten site, monitoring website efficiency and many more.

Note: a common strategy to achieve e-marketing objectives isrepparttar 141253 communication strategy. The steps to built a coherent communication plan will be presented within a further article.

IV. The e-marketing plan (sample titles)

1. Executive Summary a. overview upon present conjuncture; b. key aspects ofrepparttar 141254 strategic e-marketing plan.

2. Situational Analysis a. characteristics ofrepparttar 141255 e-market; b. possible factors of success; c. competitors’ analysis; d. technological factors; e. legal factors; f. social factors; g. possible problems and opportunities.

3. The e-Marketing Objectives a. product profile; b. target market; c. sales objectives.

4. The e-Marketing Strategies a. product strategies; b. price strategies; c. promotion strategies; d. distribution strategies.

5. Technical Issues a. website content; b. website "searcheability"; c. logging security (for customers and staff); d. customer registration procedure; e. multimedia; f. autoresponders; g. order forms and feedback forms; h. access levels to online resources; i. credit card transactions; j. website hosting; k. website publishing; l. technical staff (size, requirements)

6. Appendix

7. Bibliography

Otilia is a certified professional with expertise in e-Marketing and e-Business, currently working as independent consultant and e-publisher. She developed and teach her own online course in Principles of e-Marketing and can be contacted through her Marketing portal Tea with an Edge of Marketing


Rules to Setting Business Goals and Objectives: Why and How to be SMART

Written by Otilia Otlacan


Continued from page 1

Example: "our business must grow" is an obscure, non-measurable objective. What exactly should we measure in order to find out ifrepparttar objective was met? But if we change it to "our business must grow in sales volume with 20%", we've got one measurable objective:repparttar 141210 measure beingrepparttar 141211 percentage sales rise from present moment torepparttar 141212 given moment inrepparttar 141213 future. We can calculate this very easy, based onrepparttar 141214 recorded sales figures.

3. Be ATTAINABLE!

Some userepparttar 141215 term "achievable" instead of "attainable", which you will see it is merely a synonym and we should not get stuck in analyzing which one is correct. Both are.

It is understood that each leader will want his company / unit to give outstanding performances; this isrepparttar 141216 spirit of competition and such thinking is much needed. However, when setting objectives, one should deeply analyze firstrepparttar 141217 factors determiningrepparttar 141218 success or failure of these objectives. Think of your team, of your capacities, of motivation: are they sufficient in order forrepparttar 141219 objectives to be met? Do you haverepparttar 141220 means and capabilities to achieve them?

Think it through and be honest and realistic to yourself: are you really capable of attainingrepparttar 141221 goals you've set or are you most likely headed to disappointment? Always set objectives that have a fair chance to be met: of course, they don't need to be "easily" attained, you're entitled to set difficult ones as long as they're realistic and not futile.

Example: you own a newborn movers company and you setrepparttar 141222 objective of "becoming no. 1 movers withinrepparttar 141223 state". The problem is you only have 3 trucks available, while all your competitors have 10 and up. Your goal is not attainable; try instead a more realistic one, such as "reachingrepparttar 141224 Top 5 fastest growing movers company inrepparttar 141225 state".

4. Be RELEVANT!

This notion is a little more difficult to be perceived in its full meaning; therefore we will start explaining it by using an example inrepparttar 141226 first place.

Imagine yourself going torepparttar 141227 IT department and telling them they need to increaserepparttar 141228 profit to revenue ratio by 5%. They will probably look at you in astonishment and mumble something undistinguished about managers andrepparttar 141229 way they mess up with people’s minds.

Can you tell what is wrong withrepparttar 141230 objective above? Of course! The IT department has no idea what you were talking about and there's nothing they can do about it - their job is to develop and maintain your computerized infrastructure, not to understand your economic speech. What you can do it setting an objective thatrepparttar 141231 IT department can have an impact upon, and which will eventually lead torepparttar 141232 increase you wanted inrepparttar 141233 first place. What about asking them to reduce expenditures for hardware and software by 10% monthly and be more cautious withrepparttar 141234 consumables within their department by not exceedingrepparttar 141235 allocated budget? They will surely understand what they need to do becauserepparttar 141236 objective is relevant for their group.

Therefore,repparttar 141237 quality of an objective to be "relevant" refers to setting appropriate objectives for a given individual or team: you need to think if they can truly do something about it or is it irrelevant forrepparttar 141238 job they perform.

5. Be TIMELY!

No much to discuss about this aspect, since it is probablyrepparttar 141239 easiest to be understood and applied.

Any usable and performable objective must have a clear timeframe of when it should start and/or when it should end. Without having a timeframe specified, it is practically impossible to say ifrepparttar 141240 objective is met or not.

For example, if you just say "we need to raise profit by 500000 units", you will never be able to tell ifrepparttar 141241 objective was achieved or not, one can always say "well, we’ll do it next year". Instead, if you say "we need to raise profit by 500000 units within 6 months from now", anyone can see in 6 months ifrepparttar 141242 goal was attained or not. Without a clear, distinct timeframe, no objective is any good.

Otilia is a certified professional with expertise in e-Marketing and e-Business, currently working as independent consultant and e-publisher. She developed and teach her own online course in Principles of e-Marketing and can be contacted through her Marketing portal Tea with an Edge of Marketing


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