Like this cat (and the internet), tactics lurk in the background… waiting to become strategy – and that can be dangerous. It’s easy to fall into the tactics as strategy trap. Here’s a list of three things to review when you’re up against the uncertainty of what it is you or your company is trying to accomplish.
BACK TO BASICS – WHAT ARE YOU SELLING, AND WHO ARE YOU SELLING IT TO?
Just because digital marketing has disrupted the traditional marketing delivery system, it doesn’t mean that everything else you’ve learned goes out the window. Tactics are a distribution center to reach your audience and achieve your goals.
Remember the 4 P’s – Price, Product, Promotion & Place. Place has evolved to become the internet, paid search, paid social (Facebook, Snapchat, Linkedin, et-al.) But don’t forget that you have a price, a product and a promotion to reach your audience at their “place” (whether it’s physical, digital or both).
The 4 P’s should be used to craft your approach to engage your target audience. Avoid the mistake of allowing a channel (distribution source) dictate or change your marketing strategy.
Do you know your target audience? Who is it that you’re trying to reach? What are the best ways to reach them? You should know everything that there is to know about who they are and what they think to ensure that you’re selecting the appropriate tactic… especially for nurturing and re-engagement campaigns.
If you don’t know who your audience is, you’re wasting your time and money. For example:
It’s important to get your measurement and research right. Incorrect assumptions lead to disastrous results at scale. This is especially true for smaller businesses with limited budgets, or large organizations with high cost per acquisitions in verticals that do not create demand.
Use the right goals, metrics and research to quantify your marketing strategy and target audience. Some things to consider:
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Phillip is the founder and CEO of TPA. His background in marketing includes: higher education, restaurant, legal, automotive and medical.
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