Importance of a Strategic Marketing Plan – 3Q12

As your company grows and evolves over time, it is important to review the strategic marketing plan to see how your branding needs have changed. When updating your brand and marketing initiatives, it is important to assess the overall growth strategy of your firm, pinpoint long and short-term goals, and analyze past successes and failures to ensure that each initiative is tailored to your specific needs. Your re-branding book should include:

• A strategic plan with creative and functional needs and goals for the brand
• Analysis of external factors, such as any changes in your target audience’s needs or buying patterns
• Full competitive market overview to ensure that you identify your competitive advantages and differentiate the brand from other offerings

Using coordinated and consistent web, media, print and press strategies, your company can effectively communicate and build lasting relationships with its target audiences. With the right combination of strategic thinking, creative insight and innovation, you can achieve business growth and success in any economic environment.