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Writing a Marketing Plan

Marketing Plan Components

Writing a marketing plan is simply writing a plan for marketing your business. At its most essential, your marketing plan should include the following components:

  • A statement of what you intend to accomplish, expressed in measurable terms (number of clients, gross or net income, fees, etc.).
  • A statement of your niche market.
  • Description of your offer: how are you different from others in your niche market?
  • An analysis of your marketing resources: the time, money, networks, talents, and other means that you have available for promoting your business.
  • A plan for focusing those resources to create the results you want. The Rule of Threes is an effective business marketing tool to create such a plan.

How do you know that you have written a good marketing plan?

According to Jay Conrad Levinson, a marketing plan should have the following ten traits. (I’ve liberally adapted them to align with the principles of Authentic Promotion. )

  1. A good marketing plan summarizes and supports your commitment to your business, yourself, and your clients as expressed in a marketing program.
  2. It treats marketing as an investment. It will show how much you will invest, in what, for how long, and with what expected return. It’s a tool for being a good steward.
  3. It outlines the offers you will make and ways of making them that are consistent. It will specify conditions of satisfaction.
  4. It will tell how you will make your prospects confident in your business. That is, it will state how you will build trust and sincerity into your offers and promises.
  5. It keeps you on track as you patiently sustain your commitment. (Patience is a skill, not a virtue.)
  6. It includes assorted means of showing up. Start with three ways to show up. Repeat these until they prove successful, in which case you will continue to do them, or until they prove ineffective, in which case you will replace them with other methods. Add new methods as your resources (and resourcefulness) allow.
  7. It recognizes that profits come subsequent to a successful relationship and sale. Therefore, it includes a commitment to following up after a relationship is started and making compelling offers for future revenues.
  8. It shows how you will manage your business so that it is convenient for your clients. It will state how you will be accessible to your ideal clients.
  9. A good marketing plan will have an element of amazement and delight.
  10. A good marketing plan will specify how you will measure the results of each of your ways of showing up.

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© Molly Gordon, 2006. If you'd like to republish the above article, please read our simple reprint terms.

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Develop Your Small Business Marketing Plan - Index
Writing a marketing plan || 20 helpful questions for creating a marketing plan outline
A list of small business marketing strategies for developing your marketing plan
Gratitude as a component of a marketing plan || Your Marketing Plan Evaluation
Marketing Plan Resources || Reprint Terms for Marketing Plan Articles

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AP- your self promotion and  small business marketing resource
Learn more about Authentic Promotion - a comprehensive small business marketing resource that turns marketing and promotion into a path of increasing self-awareness, authenticity, and right livelihood. In particular, the principles you apply and the tools you learn build the solid foundation for writing a marketing plan that works.

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Contact an acknowledged expert on small business marketing Molly Gordon at:

Shaboom Inc. Life could be a dream…
PO Box 195
Suquamish, WA 98392-0195
mgordon@authenticpromotion.com

As a business coach and small business marketing consultant, Molly Gordon, MCC, is available in Greater Seattle Area and internationally

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