Strategy & Implementation

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Advertising and Promotions

The main objective of advertising and promoting your products is to attract the attention of customers and subsequently persuade them to purchase form your business. It is a way of communicating the benefits of your products to your target audience. Similar to other areas of business, advertising involves setting clear goals and objectives.

One of the benefits of advertising is that it gives you the opportunity to communicate a message to a large audience at one time reducing the cost per contact. However, advertising can also be performed at a smaller and more specialised scale to target a specific market.

Obviously, small business isn't able to compete with large corporations in terms of their marketing budget, so cost-effective strategies are generally a good option in most cases. Some cost-effective advertising solutions include:

  • Advertising and promotion sales attention grabbingLocal Directories in both print and online.
  • Signage of vehicles, shop fronts, stationary and uniforms.
  • Displaying promotional material at community locations or at non-competitive businesses.
  • Advertising on the reverse side of receipts.
  • Radio, television and print advertisements.
  • Event sponsorship

If you have little knowledge of how to effectively manage the advertisement of your business, it may be a good idea to seek independent advice from someone such as an advertising agency. While this may at first seem like an expensive option, it may be better than investing your entire advertising budget into a strategy that fails to achieve results for your business.

It is important to note that people who have been pleased by your customer service or product offering are likely to pass on good comments to others. By managing good relations with your customers you are effectively using them to advertise your business through word-of-mouth.

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Build your business plan by answering the questions below. A plan will automatically be generated based on your responses. Avoid changing your answers offline as they will not be saved to your profile.

Strategy

Q.1 What is your advertising strategy, how does it support the desired positioning of your business? Give Answer
Q.2 List and describe the forms of sales promotions you will use to help sell your product/service. Will this be seasonal? Give Answer
Q.3 Why are these forms of sales promotions the most effective and how will they benefit your business? Give Answer
Q.4 What is the total cost of all your sales promotional efforts? Give Answer
Q.5 What is your strategy for achieving a positive image through public relations (PR)? Give Answer
Q.6 Why is this the most effective method and what are the benefits for your business? Give Answer
Q.7 Will you use external public relations agencies? Give Answer
Q.8 How will you minimise potential negative PR? Give Answer
Q.9 What is the total cost of all your PR activities? Give Answer
Q.10 Will you have a website for your business? If so will you have just simple promotion on the site or offer other features such as online catalogues or online ordering? Give Answer
Q.11 Who will be responsible for developing, maintaining and ensuring that the website is being utilised effectively? E.g. search engines optimisation and affiliate exchange programs. Give Answer
Q.12 What is the total cost of training your sales staff? Give Answer
Q.13 What training will be provided to assist staff in achieving sales objectives? Give Answer
Q.14 How does your advertising and promotion strategy reinforce the customer benefits available through your unique selling proposition (USP)? Give Answer
Q.15 How does your advertising and promotion strategy focus your promotion efforts and spend on your identified target market? Give Answer
Q.16 List and describe the forms of advertising you will use to promote your product/service and the frequency of the advert? Give Answer
Q.17 List and describe the forms of direct mail you will use to promote your product/service. Will this be seasonal? Give Answer
Q.18 Why are these forms of direct mail the most effective and how will they benefit your business? Give Answer
Q.19 What is the total cost of all your advertising efforts? Give Answer
Q.20 What sales method will you use (brokers, commissioned salespersons, etc)? Give Answer
Q.21 Why is this the most effective selling process, how will it benefit your business? Give Answer
Q.22 What tools will be provided to salespersons to assist in achieving sales? Give Answer
Q.23 Will you be offering incentives to salespersons for achieving set goals? If so, describe. Give Answer
Q.24 What is the total planned cost of your online marketing efforts? Give Answer