“Good plans shape good decisions. That’s why good planning helps to make elusive dreams come true.”Lester R. Bittel
Recently, I offered a marketing plan review as a door prize for a local business group. When I approached the winner to exchange information, she whispered that she didn’t have a written one; she had it stored in her head. She then asked it a marketing plan was even necessary.
Should Your Small Business Have A Marketing Plan?
Absolutely! In fact, as a small business consultant, I’ve encountered numerous clients who repeatedly make the same mistake… failing to have a plan ‘business or marketing’ in place.
In a recent survey, I asked 200 respondents, ‘of the many issues facing their businesses, what common road blocks hindered their business growth.’ An overwhelming 32% said ‘No Marketing Plan’ was a potential reason for lack of sales and growth.
Why Marketing Plan?
Well, a marketing plan is a road map that details a route you should take to successfully promote and expand your business. It is critical to the success of a business, in fact, to all businesses! If a small business wants to achieve its potential, a marketing plan must be implemented!
Marketing is more than just ordering business cards or creating a flyer, it’s how you communicate with your current and potential clients. It is important to get your name out in the business community and differentiate your products and services from that of your competitor. If you don’t market your products or services, how will people know that you are a serious business owner or worse, in business? With a marketing plan, you will have a game plan in place.
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