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Why Do You Need A Marketing Strategy?

Discussion in 'General Marketing' started by Nitesh Rathi, Nov 24, 2017.

  1. filliphey

    filliphey Peon

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    #41
    You know that impromptu road trip to find the best fish tacos on the East Coast? That’s all fun and games until you end up in Nowheresville, Western Pennsylvania, fresh out of gas, twiddling your thumbs, and eating Filet-O-Fish. Why? Because you didn’t plan, that’s why!

    The same goes for a marketing campaign. In the end, you will benefit more from a solid marketing strategy than you will from just winging it. If you really want to capitalize on your great idea, develop a marketing strategy.
     
    filliphey, Dec 15, 2022 IP
    jrbiz likes this.
  2. filliphey

    filliphey Peon

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    #42
    According to its definition, a marketing strategy is a long-term, forward-looking approach to planning with the fundamental goal of attaining sustainable competitive advantage. The marketing plan contains your business's unique value proposition, customer data, branding elements, and other crucial vital factors.
     
    filliphey, Dec 28, 2022 IP
  3. Randall Magwood

    Randall Magwood Active Member

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    #43
    With the right marketing strategy, you can predictable your growth and scale your business over time. You dont want to haphazardly perform marketing tasks that dont grow your business. If you dont stick to a marketing strategy, your marketing efforts will become diluted and you wont get the best bang for your efforts.
     
    Randall Magwood, Dec 28, 2022 IP
  4. filliphey

    filliphey Peon

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    #44
    It's indeed a long-term plan aimed at achieving sustainable competitive advantage. The marketing plan's inclusion of the unique value proposition, customer insights, branding components, and essential factors ensures a well-rounded approach that drives business success. This strategic framework guides businesses towards effective decision-making and growth.
     
    filliphey, Aug 14, 2023 IP
  5. JoeSpirit

    JoeSpirit Well-Known Member

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    #45
    Looks to me like you're posting this in the wrong thread.
     
    JoeSpirit, Aug 16, 2023 IP
  6. Petergoff

    Petergoff Greenhorn

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    #46
    He posted this in the all threads ...
     
    Petergoff, Aug 16, 2023 IP
  7. AhmedAbdullah

    AhmedAbdullah Peon

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    #47
    Every business faces different challenges to be more visible and interactive with their target audience. Some are looking for the right marketing talent who can sail their ship in the vast marketing ocean while others find challenges to choose the right ship itself.

    The ship is your marketing strategy and needs to be very well thought out. Would like to share my take on the need of finding the right ship for your business.
     
    AhmedAbdullah, Aug 18, 2023 IP
  8. BarbaraRogers

    BarbaraRogers Member

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    #48
    Having a marketing strategy is crucial for several reasons. Firstly, it helps you define your goals and objectives, allowing you to align your marketing efforts with your overall business objectives. A well-defined strategy also helps you identify and understand your target audience, enabling you to tailor your messaging and tactics to reach and engage them effectively. Additionally, a marketing strategy provides a roadmap for your marketing activities, ensuring you allocate resources effectively and make informed decisions. It also helps you measure and evaluate the success of your marketing efforts, allowing you to make adjustments and improvements as needed. Ultimately, a marketing strategy provides direction, focus, and a competitive edge in today's dynamic business landscape.
     
    BarbaraRogers, Sep 7, 2023 IP
  9. jrbiz

    jrbiz Acclaimed Member

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    #49
    You realize that this is an Internet Marketing forum in which there is considerable experience with and knowledge of AI-generated copy? A good way to ruin your reputation on this forum is to post such content as you seem to have done on multiple threads here.
     
    jrbiz, Sep 7, 2023 IP
  10. Swordmaster

    Swordmaster Active Member

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    #50
    In my experience, the best marketing strategy always consisted of these ingredients:
    1. Find out what is in high demand (niche & product research), which can be done through a host of various free search tools online.
    2. Decide how do you want to design and wrap the information or physical product for sale. Would it be a one-page blog, full-blown website, YouTube channel, Instagram & TikTok shorts, forums posting, guest posting with your links?
    3. Measure out the competition well and try to find workable balance, relevant to your knowledge, skill and potential (don't compete with sharks but don't swim with plankton either)
    4. Give users ONE genuine, robust and easy-to-implement info product (if it is digital info marketing), don't spread yourself thin. People like simplicity and doability. If it is your own eBook, make it super-cool and unique. If it is promoting someone's offer, make sure your headlines and sales copy is top-notch.
    5. Make full use of social media tools to promote your product.
    6. If you are tight on time, hire a qualified freelancer to work on your product's marketing and ranking (SEO and marketing can be time consuming).
    7. Once you published one product, rinse and repeat, move to the next well-researched product, gradually building your online real estate.
     
    Swordmaster, Oct 18, 2023 IP
  11. Iris Garcia

    Iris Garcia Peon

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    #51
    Selecting marketing strategies allows companies to be more competitive in the context in which they find themselves. It seeks to provide guidance on the different aspects to take into account to make decisions in the marketing area based on the products or services that a company offers to its consumers and achieve the expected results efficiently.
     
    Iris Garcia, Nov 3, 2023 IP
  12. AffKing

    AffKing Peon

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    #52
    Marketing is the key after all. Good marketing will lead you to success and bad marketing will be the opposite.
    all the profit invest on marketing
     
    AffKing, Nov 6, 2023 IP
  13. ultra_sweet

    ultra_sweet Member

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    #53
    You need a marketing strategy today more than ever because there's more and more people and busineses on the web. You need to stand out from competitors and reach your ideal audience which requires logical thinking.
     
    ultra_sweet, Nov 29, 2023 IP
  14. Leonard Adam

    Leonard Adam Peon

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    #54
    I think the best strategy is to try a few more platforms, such as TikTok, Youtube, Facebook and so on
     
    Last edited by a moderator: Dec 18, 2023
    Leonard Adam, Dec 16, 2023 IP