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P. Jay Massey
11-2010
 Jay Massey
◦ Web Services – University of West Florida
◦ Founder – Coco Design Associates, est. 1994
◦ Principal – Idea Launch Partners
◦ Past President – Amer. Advertising Federation – Pensacola
 Duties:
◦ Web Management
◦ Internet Marketing Strategy
◦ Enterprise-level Development
◦ Mentor
◦ Positioning Strategy
 Target Customer 1
 Problems
 How Product Solves Problem
 Benefits to Customer
 Target Customer 2
 Target Customer 3
◦ Branding Strategy
 Naming
 Logo
◦ Pricing Strategy
 List Price
 Wholesale
 Retail
 Volume / Discount Price
◦ Advertising Strategy
 Print / Traditional Media
 Online
 Search Engine Optimization (SEO)
 Organic
 Search Engine Marketing (SEM)
 Paid Placement
 Google Adwords
 Banner Ads
 Social Media
 Press Release
◦ Sales / Distribution Strategy
 Direct
 Channel
 Value Added Reseller (VAR)
 Distributor
 Ecommerce
 A Marketing Plan is the strategy you will employ to
get your customers to buy your products / services
 A Marketing Plan is a subset of your overall
Business Plan
 The marketing plan includes 5-6 major areas:
◦ Product / Service Positioning Strategy
◦ Branding Strategy
◦ Pricing Strategy
◦ Advertising / Promotions Strategy
◦ Sales / Distribution Strategy
 Create a brief paragraph describing your
basic marketing goals
 Keep it simple, make it so your mom can
understand it
 Develop several versions:
◦ 15-word description
◦ 25-word description
◦ 50-word description
◦ 100-word description
◦ 250-word description
 Can anyone say multiple “elevator pitch”
 Target Your Customers
◦ What are their problems
◦ Create a solution
◦ Describe how your product solves their problem
◦ Describe the benefits to customer
 Developing the brand
◦ Naming
◦ Logo
◦ URL
◦ Colors
◦ Slogans
 Put some thought into it, you’re stuck with
this for a long time
 Seek professional help
 List Price
◦ Wholesale
◦ Retail
 Volume / Discount Price
 Print / Traditional Media
 Press Release
 Online
◦ Search engine optimization (SEO)
 Organic
◦ Search engine marketing (SEM)
 Paid placement
 Google Adwords
 Banner ads
◦ Social media
 Direct
 Channel
◦ Value Added Reseller (VAR)
◦ Distributor
 Ecommerce
 Announcements
 Targeted geographies
 Launch promotions
 Sales training
 Launch event
 Evaluate your competition
 Identify each of their:
◦ Strengths
◦ Weakness
◦ Opportunities
◦ Threats
 Identify target markets
◦ Create a Market Summary for each
 Description
 Current trends
 Estimated size
 Growth rates
 Surround yourself people smarter than you
◦ Advertising / PR agency
◦ Graphic designer
◦ Copy writer
◦ Market analyst
◦ Web designer / developer
◦ Communications manager
◦ Advertising manager
 Positioning Strategy Date _________
 Branding Strategy Date _________
 Pricing Strategy Date _________
 Advertising Strategy Date _________
 Distribution Strategy Date _________
(Product generally available at this time)
 Launch Strategy Date _________
 Distribution Channel Communication _________
 Initiate Press Release Distribution _________
 Begin Advertising _________
 Present your Marketing Plan in concise, layman’s
terms describing what your product / service can
do for the customer
 Use the strategic Marketing Plan outline as a
template to create an on-hand presentation to be
able to take advantage of immediate opportunities
 It’s not about being lucky, it’s about being ready
Jay@IdeaLaunchPartners.com
Linkedin.com/in/PJayMassey
Slideshare.net/CocoDesign

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Easy Marketing Strategy

  • 2.  Jay Massey ◦ Web Services – University of West Florida ◦ Founder – Coco Design Associates, est. 1994 ◦ Principal – Idea Launch Partners ◦ Past President – Amer. Advertising Federation – Pensacola  Duties: ◦ Web Management ◦ Internet Marketing Strategy ◦ Enterprise-level Development ◦ Mentor
  • 3.
  • 4. ◦ Positioning Strategy  Target Customer 1  Problems  How Product Solves Problem  Benefits to Customer  Target Customer 2  Target Customer 3 ◦ Branding Strategy  Naming  Logo ◦ Pricing Strategy  List Price  Wholesale  Retail  Volume / Discount Price ◦ Advertising Strategy  Print / Traditional Media  Online  Search Engine Optimization (SEO)  Organic  Search Engine Marketing (SEM)  Paid Placement  Google Adwords  Banner Ads  Social Media  Press Release ◦ Sales / Distribution Strategy  Direct  Channel  Value Added Reseller (VAR)  Distributor  Ecommerce
  • 5.  A Marketing Plan is the strategy you will employ to get your customers to buy your products / services  A Marketing Plan is a subset of your overall Business Plan  The marketing plan includes 5-6 major areas: ◦ Product / Service Positioning Strategy ◦ Branding Strategy ◦ Pricing Strategy ◦ Advertising / Promotions Strategy ◦ Sales / Distribution Strategy
  • 6.  Create a brief paragraph describing your basic marketing goals  Keep it simple, make it so your mom can understand it
  • 7.  Develop several versions: ◦ 15-word description ◦ 25-word description ◦ 50-word description ◦ 100-word description ◦ 250-word description  Can anyone say multiple “elevator pitch”
  • 8.
  • 9.  Target Your Customers ◦ What are their problems ◦ Create a solution ◦ Describe how your product solves their problem ◦ Describe the benefits to customer
  • 10.  Developing the brand ◦ Naming ◦ Logo ◦ URL ◦ Colors ◦ Slogans  Put some thought into it, you’re stuck with this for a long time  Seek professional help
  • 11.  List Price ◦ Wholesale ◦ Retail  Volume / Discount Price
  • 12.  Print / Traditional Media  Press Release  Online ◦ Search engine optimization (SEO)  Organic ◦ Search engine marketing (SEM)  Paid placement  Google Adwords  Banner ads ◦ Social media
  • 13.  Direct  Channel ◦ Value Added Reseller (VAR) ◦ Distributor  Ecommerce
  • 14.  Announcements  Targeted geographies  Launch promotions  Sales training  Launch event
  • 15.
  • 16.  Evaluate your competition  Identify each of their: ◦ Strengths ◦ Weakness ◦ Opportunities ◦ Threats
  • 17.  Identify target markets ◦ Create a Market Summary for each  Description  Current trends  Estimated size  Growth rates
  • 18.  Surround yourself people smarter than you ◦ Advertising / PR agency ◦ Graphic designer ◦ Copy writer ◦ Market analyst ◦ Web designer / developer ◦ Communications manager ◦ Advertising manager
  • 19.  Positioning Strategy Date _________  Branding Strategy Date _________  Pricing Strategy Date _________  Advertising Strategy Date _________  Distribution Strategy Date _________ (Product generally available at this time)  Launch Strategy Date _________  Distribution Channel Communication _________  Initiate Press Release Distribution _________  Begin Advertising _________
  • 20.  Present your Marketing Plan in concise, layman’s terms describing what your product / service can do for the customer  Use the strategic Marketing Plan outline as a template to create an on-hand presentation to be able to take advantage of immediate opportunities  It’s not about being lucky, it’s about being ready