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Clearly articulated strategies synchronize a companys vision internally
and provide focus. Venture capitalists, banks, prospective partners all
require a well-defined business strategy.
- Does your vision for expansion need
experienced assessment and clarity?
- Does your existing direct or indirect channel generate new
opportunities?
- Can these opportunities be profitable?
At what investment? How soon?
- Is diminishing or inconsistent sales
revenue a current concern? Why?
- What company has the best practices
for you to mimic?
- What are the success criteria for your marketing investment
and how
is it measured?
- WHY DID YOUR PROSPECT HIRE
YOUR COMPETITOR? |
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After understanding the corporate
vision,
a Strategic Plan assesses:
- Strengths, weaknesses, opportunities, threats
- Competition
- Industry growth, market saturation, barriers to entry
- Customer segments, motivations, unmet needs
- Price elasticity
- Financial projections
- Business insurance, government regulations
- Operating procedures, personnel requirements, use of technology
A Strategic Marketing Plan recommends
the use of
marketing fundamentals:
- Brand, corporate identity
- Messaging, Value proposition
- Promotions
- Direct Marketing
- Events
- Public relations
- Advertising
- Sales tools e.g., References, collateral, web sites, case studies, etc.
- Lead generating activities
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