We’re getting more enquiries from businesses needing to do something fast . . . a sales letter, a blog, revised web site text. Unsurprisingly, businesses in every sector are having to work harder to attract and retain clients, and their marketing tools need to be in good shape to help them do this.
Before we can write a sales letter or blog, we ask questions so that we understand clients’ objectives and usually the answers are in their business plan, if they have one. A useful business plan is one used to direct the business, not an academic exercise to please banks or lenders, which can often bear little resemblance to reality. Even a brief plan of a page or two can be effective.
A good plan will remind a business about its core objectives, key markets, required level of sales and other important targets. In a challenging marketplace, it’s useful to review your business plan and objectives, and modify it to reflect changing circumstances. For example, with the difficulties being experienced by sectors such as financial services and car manufacturing, should an existing focus on one of these be switched to another sector? It’s also possible for difficulties in a specific sector to open up new opportunities and the business plan can be adapted if you want to take advantage of these.
Businesses with an understanding of current market conditions and an up-to-date business plan can monitor their progress easily to see what is working and how they are doing against their targets. They can also see what is not working and stop or modify unsuccessful activities.
When you have clear objectives, know your target audience and understand what they want, it’s much easier to develop marketing tools that will put your plan into action and help it succeed.