As 2017 draws to a close this is a time to look backward and forward in your business. You look back at the year that has just passed and evaluate your company’s performance. What events did you plan for? Which ones took you by surprise? Did you do better than you projected coming into the year, or worse?
Just as importantly, your projections and plans for 2018 should already be well under way. One of the most important aspects of your business plan for next year should be your Marketing Plan. Particularly if the budget you are allocating for marketing is limited.
Why? Because an unfocused marketing plan can cost your company a fortune as you spend money in areas that are not giving the return on investment needed while not allocating enough funds in areas that would yield higher results.
Have you gotten as far as deciding on your budget? If yes, great. If not, that is ok – but you certainly want to have at least a general idea working toward a realistic amount that you are ready to move forward with by the beginning of the year. The most important aspect of deciding on your budget is: be realistic, but do not be too tight. You may have grand marketing plans for the new year, but if you don’t have the budget set correctly, you will run out of money for marketing long before 2018 ends… and most likely with an inadequate return on investment (ROI).
Therefore, your marketing “Game Plan” should include monthly budgets that make up the larger yearly budget. In this way you can budget for a variety of different marketing efforts that may include: a new or updated/upgraded website; a direct mail campaign; a vehicle wrap for your vehicle, or your entire fleet; new or updated branding; advertising in focused areas, either through more traditional outlets (magazines, newspapers or banners) or on the internet through social media advertising or banner ads.
If you budget correctly you will even have enough left for some memorable promotional gifts for your valued clients, future clients, vendors and/or employees when the 2018 holiday season rolls around next year.
One last thing: you must always remember to “Measure Your Results” of every campaign. Also known as Metrics, these measurements are another area where many companies, particularly small companies where the owner and management wear multiple hats, tend to forget. Not measuring a marketing campaign’s results can cost you money and results.
In fact, that is such a big mistake that the very future of your company may depend on the accuracy of your measuring the results of each and every one of your marketing campaigns. Why? Because running marketing campaigns that do not produce enough ROI can doom a company to a financial setback that it can never recover from.
Creating and implementing integrated successful marketing campaigns throughout 2018 and beyond can be the life blood of your business. In the modern world, there are countless platforms for advertising and communicating with potential clients. A well-orchestrated campaign will not only reach a large audience, but it will also help increase brand recognition and drive people to your company. The New Year offers a perfect opportunity to get started with a bang by putting an effective, multi-faceted marketing campaign to work for your business.
At Print it Plus we love to help you convert your ideas into a cohesive, integrated marketing plan. We work with you not just at the beginning of the year, but for the entire year through to the end. We help to build the brand of your company through a variety of print, mail, direct mail, vehicle wraps, advertising, marketing campaigns and superior website design.
We work with companies from Miami, Fort Lauderdale, Boca Raton, Delray Beach, Boynton Beach, West Palm Beach, Royal Palm Beach, Wellington, Belle Glade, Palm Beach Gardens, Jupiter and Stuart, Florida to help them maximize their marketing, printing, advertising and branding efforts.
Contact us at HTTP://WWW.PRINTITPLUS.COM to learn more about how we can help YOU to CREATE INFINITE POSSIBILITIES in 2018… and beyond!