Group 4 Report T H Marketing
Group 4 Report T H Marketing
Group 4 Report T H Marketing
MARKETING PLAN
MARKETING IMPLEMENTATION
Marketing Plan implementation is the process of turning
your marketing strategy into real-life actions: tasks and
projects, people responsible for them, and deadlines. In
other words, it’s about bringing your marketing plan to life.
Instead of living on paper, it starts living on a day- to-day
calendar because it’s translated into action.
MARKETING IMPLEMENTATION PLAN
A marketing implementation plan is a process of taking
action on tasks, projects, strategies and plans for marketing,
advertising and sales. Implementation plan helps make sure
each step meets or exceeds goals or reveals any issues to
correct quickly. While a marketing plan is an overall look at
what you want to achieve, a marketing implementation plan
outlines the exact steps and actions to get there.
HOW TO DEVELOP MARKETING
IMPLEMENTATION PLAN
Create task lists and marketing workflows that are easy for people to follow.
Consider keeping workflow steps concise, combining elements that make
sense to go together. Use action verbs to give a task a clear definition of what
needs to be done. Assign tasks to teams or individuals and include a timeline or
deadline for each one.
★ 5. COMMUNICATE TO THE TEAM
Once you establish the marketing strategy and team, workflows and
measurement tools, communicate the plan to everyone. Open transparency
and team accountability can help boost motivation, productivity and results. The
team invests in the goal and understands how their role is a key factor in
achieving it.
★ 6. MONITOR AND MEASURE AS YOU GO
Monitor your marketing implementation plan as you
move through it, reviewing how tasks are being handled
and if deadlines get met. As results come in, compare them
against forecasted projections to see if you need to adjust
your implementation plan or marketing strategy.
4 COMMON MARKETING
IMPLEMENTATION ERRORS
01. NOT HAVING A MARKETING STRATEGIES
It goes without saying that not having a marketing
strategy will lead to poor marketing implementation
results.
02. FAILING TO UPDATE THE MARKETING PLAN
Before being eager to implement your marketing
strategy, it’s important to make sure you’ve updated your
marketing plan.
03. NOT TRACKING THE MARKETING RESULTS
When businesses fail to track their marketing results,
they’re not able to improve the way they implement their
marketing strategy.
04. SPENDING TOO MUCH ON BIG-BUDGET
MARKETING
Going big isn’t always the best option when it comes
to marketing.
Elements To Include
in a Marketing Plan
Executive Summary
The executive summary is the clearly stated overview
that describes your entire marketing plan. It’s like the
abstract of an academic paper or the blurb on the inside
of a book cover. The summary gives a brief description
of the more detailed sections within the marketing plan.
This section is short, with only three or four 100 word
paragraphs.
Goals
Marketing plans include measurable, well-defined goals
about the results you expect from your campaign. Your
goals and objectives list the intended outcomes after
implementation if everything goes according to the plan.
Consider using SMART goals, which stand for:
Specific: Is the goal direct enough to explain exactly what you’re
trying to accomplish?
Measurable: Can you track this goal quantitatively or
qualitatively?
Actionable: Does this goal improve an aspect of your business?
Relevant: Does this goal address a pressing issue for your
organization?
Time-Bound: Can you complete this goal within a specific period?
Marketing Strategies
Marketing strategies are the tools and processes
you use to achieve your marketing goals. They are the
foundation of your marketing plan because they’re the
actionable steps that release your product, service, or
message into the world.
Examples of marketing strategies include: