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Don’t have a Marketing Strategy? You Are Throwing Your Money Away

February 20, 2014 By Travis Baker

Don’t have a Marketing Strategy? You Are Throwing Your Money Away

The bad news first. Even if you have a great website, and have the best advertising and a kick butt PR writer, you will fail with your marketing if you don’t have a strategy.

“Wait,” you ask.

If I have these awesome components, why do I need a strategy?  They are all on separate channels (print, web, online, offline, etc…) what does it matter if I don’t have a strategy?

Here is why.

BrandingMarketing strategy from 366 Marketing

It has to do with brand consistency. You need to have the same message across all of your channels because your audience pays attention to not just one of your channels. Remember, your brand is not just your logo; every way that you touch your prospects or stakeholders is part of your brand.

At a trade show your prospect may read an article about your company in a magazine, see an ad, visit your website and then stop by your booth. If all of those messages aren’t consistent, your prospect will experience a disconnect and not be as willing to interact with you or move further down the sale funnel.

Integration

Integration is very important in marketing. The entire message must be integrated and not have any dissonance within your message or between your company and your message.

For instance, if you tell everybody that you are the leader in green technology for material handling and you make pallets out of Giant Pandas, people might perceive a bit of dissonance between your stated mission and your actions.

More than the Sum

If you have a consistent message across all of your mediums, the sum is greater than the parts. They say that if you want someone to remember your company you have to have them see your message 27 times. How many times do people have to be “touched” by your company before they remember you?

All of this to say that what gives you a consistent message is a strategy. If you have a strategy already in place then you know where you want to go. As strategy implies a goal and dictates all of your marketing efforts. It allows you to know where you are going and helps keep your marketing consistent.

Want to talk more about marketing strategy and get some actionable advice tailored to your company?  Contact us and we will give you an hour of consulting for free!  I even pay for the coffee.

Filed Under: marketing strategy

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Travis Baker

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