Every business starts with a marketing plan. Unfortunately, most of them begin with a plan full of good intentions, and then abandon that original document in favor of new ideas. But should you leave your initial marketing plan in some back corner of your computer, gathering digital dust?
The most effective marketing plans are living, breathing documents with the flexibility to change and grow along with your business. Instead of a forgotten blueprint, your marketing plan should serve as an evolving initiative.
If you have an established business, you’ve probably left your marketing plan long behind. What should you do to bring it back?
First, take a look at your existing plan, or create a new one if yours has vanished without a trace. A basic marketing plan will typically have seven sections: executive summary, company missions, marketing objectives, situational analysis, market segmentation, market strategies, and short- and long-term projections.
Some of this information has probably changed, so now is a good time to update your plan.
Follow these steps, and you’ll have a useful marketing plan that’s actually working for your business, instead of wasting away in your archives.