When your establishing a marketing plan from the ground up it’s essential to develop the plan in full before any execution takes place. All too often companies take this first draft and run with it and as a result the majority of these companies find their marketing plans floundering. The truth is the first draft is rarely any good, luckily there are things you can do to prevent this and develop a successful plan from the start.

Don’t assume too much

Any initial marketing plan is really based on assumptions. Your assuming your target market will react to certain advertising in certain ways, but the reality is you just don’t know. You do have to start somewhere though, so when your making these assumptions it’s vital to base them on as much true data and research as you possibly can. You also need to accept the fact that you simply can’t know everything, as nice as that would be. You can circumvent this issue by preparing for the fact that change is inevitable.

Accept the fact that your marketing plan is forever evolving

Another common problem is developing an initial marketing plan and never changing it. No matter how good a marketing plan is, there is always room for improvement and much of that improvement isn’t going to come until you’ve tried something and analyzed it’s effectiveness. Once you see how a marketing plan is working you can always make small changes in order to improve it. Going into the process understanding that your marketing plan is a living thing that will grow and change will make all of this much easier.

Things to keep in mind

Your marketing plan should also include both short and long term goals. These goals will allow you to truly monitor just how well your marketing plan is doing and it will give you something to base changes upon. You can use these goals as milestones where you can come back and brainstorm new ideas or solutions to marketing plans that aren’t reaching their goals. Make sure and bring as many people in as possible for these brainstorming sessions as you never know who might have a great and unique idea! Any initial marketing plan is going to evolve and change and this is a good thing as this change should bring constant improvements that will pay great dividends.

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Author

Nicholas is a social entrepreneur, passionate marketeer, career + life coach, consultant, speaker, and community builder. He does this through 1-on-1 coaching, non-profit and businesses consulting, and on a larger scale as Co-founder + Managing Director of CFM Group. He is an internationally recognized strategist, coach, speaker and in the process of writing his 1st book. Possessing over 13 years’ experience in helping clients realise their potential through clarifying their vision, message and market to design the strategies and roadmaps needed to succeed. Utilising this extensive background in strategic planning, pitch and message design, marketing and communications, executive and speaker coaching was his pathway to founding www.CFMGroup.co.uk. His knowlegde was fundamental in building the company with an investment capital of £1 and a large social impact community and professional development hub in Cambridge, UK. Feel free to comment on any of our articles that interests you or message our CEO directly at Nick@CFMGroup.co.uk ! We hope you enjoy our blog ! ———————————— Fellow Member of the Institute of Sales and Marketing Management (ISMM) Master of Arts in Marketing and Innovation. BA Hons in Business Management BA Hons in Business Economics Cambridge University & Michigan University English Proficiency degree —————- Former Trustee and Marketing Director for Emmaus, a nationwide charity.

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