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Article Title: Business Marketing Plans How To Compose A Stratagy That Will 
Make You Successful
Author: Wes Hamilton
Category: 
Word Count: 662
Keywords: advertising,business,small business,entrepreneurship,pay per click, 
PPC
Author's Email Address: [email protected]
Article Source: http://www.articlemarketer.com
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Business plans and marketing plans are inextricably linked. Without the 
business, there is no marketing, and with out the marketing, there is no 
business. Creativity is an especially essential element to the home business 
marketing strategy. Without the sky-high budget and well known CEOs, a small 
business has an up hill battle in gaining name recognition and customer 
respect. With a solid marketing plan, however, any business has the potential 
to flourish.

How to Develop a Marketing Plan
Every business needs a marketing plan if they have aspirations to succeed. 
While the process for developing such a plan can be easily broken down, 
carrying it out takes a bit more effort. There are five main steps to 
developing a marketing plan:

1. Figure out who your customers are going to be. Who is your target market? 
How many customers do you anticipate having? These questions are among the most 
vital in creating a successful marketing strategy.

There are a number of different ways to determine your target audience. You 
likely had some idea of the type of customer you wanted to serve upon the 
conception of the business. Seek out this population and see what they think of 
your product. Hold product testing forums, send out surveys, and communicate 
through any other means necessary to get feedback. Once you have a solid 
profile of your customer, you'll know how to speak their language.

2. Pinpoint where you fit into the market. Study your competition and figure 
out what works for them and what doesn't. It helps to begin by creating a list 
of your strengths and weaknesses along with your competition's strengths and 
weaknesses. Once these are clearly stated, you can focus on emphasizing the 
positives and eliminating the negatives.

3. Decide what kind of marketing you want to do and how you are going to do it. 
This step depends on your target audience. If they are particularly 
web-oriented, you'll want to do most of your advertising online. If they are 
big readers, a newspaper or magazine may be the best place for advertising. In 
our media driven society, it is hard to imagine you'll ever run out of places 
to market your product.

4. Create a budget. This can be one of the most challenging aspects of the 
marketing plan. It is here that your big dreams of having big time celebrities 
representing your company on primetime television commercials may die. Lucky 
for us, the Internet has opened a whole new world of effective marketing 
opportunities that cost little to nothing.

This includes constructing a business website, blog, participating in online 
discussions, and getting involved in article marketing. All will help you gain 
exposure and reach a greater number of people than any home business could do 
through the mail or over the phone.

5. Develop a strategy for tracking results. Marketing efforts are oftentimes 
hit or miss. It is important to track successes and failures in order to make 
modifications for your future marketing plans.

One common way to track your promotions in relation to your sales is to attach 
identifiable order numbers to the products placed in advertisements. For 
example, the SKU number for the same product may vary slightly depending on if 
the customer is ordering it off the website or from a postcard they received in 
the mail. This allows you to tell if your website or the mass postcard mailing 
was more effective.

The other method many companies use it to simply ask the customer where they 
heard about the product upon purchase. A brief survey question at the bottom of 
an order form will suffice. While neither strategy will be 100% accurate, 
they'll at least give you some idea of which marketing pieces are pulling their 
weight and which ones are dead weight.

You are making a wise investment for your business by following these steps to 
create a marketing plan. While starting a home business can be an initially 
stressful endeavor, if you make the right moves, it will prove to be a 
thrilling ride.

Wes Hamilton is the owner of PLUMB PRO, INC a full service plumbing company in 
Alabama.  Visit our website for more Free Information and PICTURES.  Visit 
http://www.plumbpro.net/ and http://www.plumbproinc.com/
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