Step #1 – Begin with the end in mind Identify your goals Analyse your business
Step #2 – Set your time-frame What is your best case and worst case scenario? Don’t lock yourself into unreasonable time frames that will reduce your success because you rush
Step #3 – Identify your milestones How will you define success?
Step #4 – Plan your budget What should you spend? What is your competition doing? Will your budget get you where you’re going?
Step #5 – Choose your channels What channels should you appear on? Where are your customers? What platforms do you need?
Step #6 – Execute your plan Launch!
Step #7 – Optimize your results Use data and analytics to optimize your campaigns for the best results
Marketers like to talk about the benefits of creating a marketing plan for your business. While doing so is important, how does that plan turn into individual marketing campaigns that drive actual revenue?
To implement your marketing plan, you need a complete system for each marketing initiative that ensures its success. Whether you are implementing a lead generation, content marketing or an email marketing campaign, each one needs to have its own action plan that drives its execution and ultimately a significant return on your marketing investment.
Marketing plan vs. marketing campaign
- A marketing plan provides the overall, high level strategy based on the business’s objectives over a period of time.
- A marketing campaign is a focused, tactical initiative to achieve a specific marketing goal.
Executing a marketing campaign requires a step-by-step process that focuses on execution and the resources needed to successfully achieve measurable results.
The anatomy of a marketing campaign
Marketing activities require careful planning so that every step of the process is understood before you launch. Because a marketing campaign is tactical and project based, you need to map out the process from the initial promotional tactic to the ultimate outcome.
- Pick your target audience: Who are you interested in attracting?
- Set your goals and KPIs: What do you want to accomplish with this campaign and how will you measure performance?
- Determine your offer: What incentive will get their attention?
- Identify your channel: What media channels will you use to promote this offer?
- Create your optimized landing page: How will you get the visitor to take action?
- Nurture the lead: How do you help your visitors with their buying journey?
- Track and measure results: How will you measure success?
Pick your target audience
Before you can choose the what and where of your marketing campaign, you need to determine the who – your target audience, and the how – where you will reach them.
I bet you are saying, “we already defined our target audience in our marketing plan!”. In general, you have. But let’s say you offer two services: coaching for independent professionals and consulting for small businesses of up to 20 employees. Which one of these audiences will you target with this campaign?
The best way to reach these distinct audiences is to understand their unique challenges and how you can solve them. Define buyer personas for your audience to help you refine your messages to their specific needs as they evaluate their options.
You most likely will want a separate marketing campaign for the other target as well.
Set your goals and KPIs
Marketing activities can have different types of outcomes: leads, visitors, visibility or engagement. Each marketing campaign needs to focus on one primary purpose.
Based on that purpose, you need to set specific goals and metrics or key performance indicators (KPIs) that will help you determine how your campaign is performing against that goal and are helpful when creating or refining marketing strategies
For example, if your campaign is focusing on lead generation, how many leads do you want to generate and how will you measure success?
Determine your offer
Depending on the campaign, your offer could be a piece of content, a free webinar, a free trial or something that attracts those looking to buy to your brand. These offers need to resonate with where your buyers are in the buying journey so that you get their attention. Offering an hour long, free webinar to people who don’t know your brand or are not looking to buy could be a waste of time. Providing a short, useful guide may be the better introduction to your brand. Be sure to align your offer with something you know your target buyer needs.
Identify your channel
What media channel will you use to communicate your message and attract and capture your audience? Your media channels include:
- Social media
- Search engines
The channels you choose will be different depending on your business, target audience and goals.
Note: Unfortunately many strategies and channels carry the same names so it is a bit confusing. The channel is the means of communication. The strategy is what you do on the channel to communicate. So your social media strategy is what you post, share and communicate on the social media channel to achieve engagement. Another example is the search engine is the channel for search engine marketing (SEO and PPC).
Create your optimized landing page
Never, ever land your visitors on your homepage when you are executing a marketing campaign – ever! I’m amazed and shocked at how many people tell me “my SEO company said that building a landing page with no navigation isn’t necessary”!
When you are paying for advertising, you need to create a specific landing page for each campaign that removes distractions so your visitor can focus on what you want them to do. Make sure your landing page aligns with the ad in both content and design so that your visitor makes the connection and feels compelled to sign up for your offer. Your landing page needs to:
- Overcome objections
- Build trust
- Provide proof
- Clearly lead the visitor to your call to action
Try not to confuse your visitor with too many options, detailed forms or links that can cause the visitor to move away from the landing page.
Define your lead nurturing strategy
Lead nurturing is a process of building a relationship with new leads that you acquire through a lead generation campaign. Usually these leads are those more cautious people who may be interested but not ready to buy right now. Lead nurturing is about providing the right content and offers at the right time, educating and providing value through every stage of the customer journey.
Track and measure results
It is important to track your marketing activities to results. Results will be determined by what your goals were for the campaign. But in most cases, results are usually in terms of sales or qualified leads.
Tracking and measuring results can be simple or complex, but is based on the nature of your business. In its simplest form, you can measure cost per lead if you have the details of how much you spend on lead generation. In the more complex measurement arena, you can track your marketing influence to closed deals using marketing automation software.
When you have completed the cycle of a marketing campaign, ask the following questions during your review:
- Did you meet the goals? If not, why?
- Did your offer satisfy your target audience? If not, what can you offer that will?
- Should anything change next time you run the campaign?
- What did you learn that you can apply to your next campaign for this audience persona?
Launching a marketing campaign is not something you can do quickly and achieve results. Each initiative needs to be planned and well thought out before you begin the campaign. Without proper planning, your marketing campaign is likely to fail.
What are you going to do to ensure your marketing activities are effective and generate a sound ROI?