A Marketing Plan is a Must
A well-created marketing plan can provide you with a road map to build and sustain your brand’s identity. At its most basic level, a marketing plan consists of defining your positioning statement, outlining your advertising and communications strategy, specifying an environmental branding strategy—and creating a budget. If this sounds a bit daunting, you probably need to solicit some help from a marketing expert. But before you make that decision, it can’t hurt to do a little research on your own. Begin by thinking about the companies and brands that naturally attract your attention. Try to identify the common elements in these advertising and communications strategies. In other words, what are the common themes that engage you? You can learn from your competition. Study the messages they’re communicating—and then do it better. Kathleen Murphy is founder and president of MurphyEpson, Inc., a marketing consulting firm in [...]