Categories: Management

Marketing template & plan for small businesses

Small company marketing audit

Many training, consulting and professional services firms make an assumption that marketing will take care of itself. It won’t! We need to periodically look at what we do and plan our approach.

Every now and again it is worth looking at your business, what you do and where you do it.

This simple tool will provide you with a basic structure to review your marketing activity and what it is doing for you.

Where is your business now? – Current position of your business
Eg currently achieving £xxx in sales, fully resourced, recently gained x customers, recently lost major client, export to…… a short story outlining recent history and situation

 

 

Where do you want your business to be and by when? – Desired goals of your business
Eg Would like to increase average turnover from £x to £X in12 months, want to be doing more of x and less of y, would like to sell 25% more of x by end of year, want to implement blog and social media communications:

 

 

 

Enablers & barriers:

What do think will help/prevent you from getting there?

  Internal External
Enablers Eg Unique resources

Knowledge of markets

Business Location

 

 

 

 

 

 

 

 

 

Eg Relationships with customers

Investors goodwill

Expanding market potential

Barriers/ Inhibitors EG Lack of capital

Lack of management experience

Limited knowledge

 

 

 

 

 

 

 

 

 

 

Eg Competitor activity

Market decline

High entry costs

SWOT Analysis – resources and capabilities

Strengths

EG Experienced Sales Team;

Known brand name; reputation for quality

 

 

 

Weaknesses

EG After sales customer care; no up-to-date sales collateral (leaflets/brochures), inverse of strengths ie new sales team, weak brand name etc

Opportunities

EG New laws/regulations;

Fragmenting marketplace leading to possible Product diversification and/or Market Diversification; new market research

 

 

 

Threats

EG New competitors; rival product launch; substitutes available

About your company and you
What is your unique selling point?

(what do you have that your competitors don’t be specific)

 

 
What other factors differentiates you from your competitors?  
Why do your customers buy from you and not others? (value drivers)  
How is your pricing established? What structures/ research do you have in place  
What are your current routes to market? How do people find you?  
Where would you like to be positioned in the marketplace? (highest quality, most cost-effective, fastest etc)  
About your customers?
Who makes up your current client base?  
Who is your primary target market?  
How do you segment your customers? (geographic, demographic, behavioural)  
How do you communicate with your customers?  

Competitors –
who are your competitors in the marketplace

Collaborators –
potential partners you can work with eg suppliers, trade bodies, intermediaries
   

Potential Routes to market

 

Route Why appropriate/not appropriate
Direct Mail  
Advertising  
Exhibitions  
Website  
E-Marketing  
Blogging  
Twitter  
Referrals  
Events  
PR  
Newsletter  
Trade Press  
Radio  
Sponsorship  
Networking  
One-to-one meetings  

 

SMART Marketing Plan

(Prioritised strategic action plan)

In order of priority, what needs to be done By whom By when
     

Use this and review your position at least quarterly on an informal level and formally one a year. This is best done with someone from outside your business, an accountant, mentor or adviser.

Marketing template & plan for small businesses was last modified: August 3rd, 2018
Mike Morrison

Mike is a consultant and change agent specialising in developing skills in senior people to increase organizational performance. Mike is also founder & director of RapidBI, an organizational effectiveness consultancy. Check out his linkedin profile MikeMorrison LinkedIn Profile

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Mike Morrison

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