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Most enterprises
develop financial plans and business
plans. Today more firms are developing and
implementing integrated Marketing
Communications (MarComm) Plans to facilitate meeting
enterprise objectives, and ultimately, to insure business
success.
Developed
annually, the MarComm
Plan insures that executives and entrepreneurs
invest appropriate resources into actually analyzing their
market position, objectives, sales and marketing programs.
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An
integrated MarComm Plan is
a well-researched, highly targeted, closely measured written marketing
program that utilizes
-
- coordinated
themes and graphics,
- considers database
marketing,
- interactive
programs,
- direct response
vehicles,
- relationship
and loyalty building initiatives, and
- includes ways
to measure program results.
The
integrated MarComm Plan
- tells you what
resources need to be devoted to what areas
- helps you add
to (or start) your marketing database, where valuable information
is captured to enhance existing customer relationships and to develop
new customers
- better helps
your sales organization achieve their goals
- provides a
"baseline" level to evaluate results and helps you plan
more successfully with each succeeding year
- helps convince
management to "buy into" marketing objectives, strategies,
and tactics
The
major areas of the plan are as follows:

includes information
about your market, company and products, customers and prospects,
market size, distribution channels, attitudes, trends, buyer/specifier
preferences, strengths, weaknesses, opportunities, threats, competitors,
pricing, and past strategies and tactics.
Where
can you find information to use during a Situation
Analysis?
- existing/upgraded
database
- customers
- sales
personnel
- prospects
- employees
- propretary
primary research
- secondary
research studies
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- distributors/dealers
- media
reps and editors
- competitive
sales/financial materials
- trade
associations
- internet
searches
- government
agencies
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should be defined
related to sales and profitability. Objectives need to be quantified
as much as possible (e.g. "we want 50% buyers to be aware of
our company name and 35% to have a preference for our brand").
provide overall
direction, without going into specifics (tactics).
Examples include:
-
entering
new markets
- changing or
expanding product applications
- revising distribution
channels
- changing end-user
buying habits
- recapture lost
customers
- increase sales
to small customers
- increase volume
to key customers

Tactics
encompass all specific programs
to help you accomplish your objectives. Examples include direct mail,
advertising,
sales promotion, relationship marketing, public
relations, trade shows, website,
newsletters, brochures, post cards, flyers, interactive media, etc.
involves defining
WHO is responsible for WHAT,
by WHEN, and what it COSTS.
Set realistic time frames, budgets, and hold regular meetings (conference
calls and net meetings are acceptable) with all concerned, including
your Executive Performance account executive, to insure the program
is on schedule, and that changes/adjustments can be made, if required,
due to evolving market conditions.
by setting measurable
benchmarks, you can determine how you did in a given year. Very importantly,
this also enables you to create future plans which will be even more
productive because you have documented things that work well - and
those which have not been as productive. Quantify and qualify inquiries,
new business meetings, levels of awareness, cusomter acquisitions
and, if possible, sales developed through each specific tactic.
Capture this information and profile, classify, and model customers
within your database. The information learned here can significantly
impact and help you gain new customers in the future.
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