Strategy 101

In my presentation, What Startups Need to Know About Marketing, I list four things small companies often overlook in their marketing plans. Number one is “strategy.” As in, have one! Even if it’s just a couple of pages, a written strategy tells everyone in the company that marketing matters and we have a plan.

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David Packard said, “Marketing is too important to be left to the marketing department.”

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Indeed, an understanding of the marketing strategy informs all decisions an employee makes on your behalf, from product design to logistics, to how we answer the phone.

Today, I stumbled on 5 Keys to a Great Small Business Marketing Strategy, from Greg Head, CMO of marketing automation vendor InfusionSoft. Greg says, “All successful businesses have a clear marketing strategy that makes everything they do more effective. Unfortunately, many busy small business owners get so caught up in tactical daily marketing execution like building a website, sending email, tweeting, advertising, optimizing a landing page, blogging and so on, that they are not taking the time to work on the decisions that’ll improve the performance of their tactics.”

It’s a good read. Even if your list of strategy elements differs from Greg’s or mine, the key is to have a strategy. You can improve it as you go, but please do start with something. It’s one of those things a small business owner never seems to have time to do but once it’s in place, it saves time and amplifies the efficiency and effectiveness of everyone in the company, every day.

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