5 Reasons NOT To Have a Marketing Plan
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Category: Marketing
Written By: Bobette Kyle
Contact Email: articles@websitemarketingplan.com
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5 Reasons NOT To Have a Marketing Plan
Copyright 2005 Bobette Kyle
Imagine your perfect customers -- the ones that will
eagerly buy your products or hire you for premium pay.
Imagine being able to bring those perfect customers to
you and having them buy your products or services not
once, but again and again. That's what an effectively
executed marketing plan does. It reaches the people
who want what you are offering, convinces them to
take action, and keeps them coming back.
Sounds nice, right? So why doesn't every business
have a marketing plan? Let's take a look at some of
the reasons you may not:
1. "We had a marketing plan once, but it didn't work.
It isn't worth the time to put one together."
No marketing plan will work if you do not work the
plan. The planning document is there for business
managers to use as a strategic reference throughout
the year, as programs in the plan are executed and as
other opportunities come along. Any marketing plan
that is filed away and forgotten as soon as it's written
is useless.
2. "So-and-so had a marketing plan and it didn't help
his business at all!"
Marketing is a process, not a singular event. A
marketing plan is only the first step in that process. It
points your business in the right direction by detailing
marketing strategies and programs that will move you
toward business objectives.
You must execute the programs in your plan so that
you can evaluate program success. Rarely does a
marketing program work best on the first try. It is up
to you to analyze barriers to success, then tweak and
tinker until you are getting positive results. If you
ignore critical follow-up, most of your marketing
programs -- whether you have a marketing plan or not
-- will fail or fall short of their potential for success.
3. "Marketing planning is too hard."
Writing a marketing plan doesn't have to be
complicated. There are different levels of planning.
More intricate marketing planning processes will result
in more refined strategies, with better potential for
success. But, if you have limited resources, a top-line
approach to planning is much better than none at all.
4. "We don't know how to write a marketing plan."
There are numerous books, software, "toolbox"
resources, and articles that take you step-by-step
through the process of creating a marketing plan.
Frankly, not knowing how is an excuse, not a reason,
to avoid marketing planning.
5. "My business is too small for a marketing plan."
Sound marketing strategy is critical to small business
success, especially new businesses. Statistics vary
widely depending on the source, but most reports cite
failure rates for small business at 65% -- 90%. Knowing
ahead of time how you will compete and how you will
be successful in your marketplace can dramatically
increase your chances of success.
Your marketing plan is a vital key to small business
success. If you do not have a current plan, start one
today. Your company's success depends on it.
About the Author
Bobette Kyle has been proprietor at
www.WebSiteMarketingPlan.com since 2002. For tips on
how to make the marketing plan process go smoothly, visit
www.MarketingPlanArticles.com and read "Tips to Help
Calm `Marketing Plan Panic.'
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