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Marketing Strategy Creation Process
- A typical process lasts about a month and over 100 hours.
- Other agencies report similar timelines, though format and timing of deliverables vary.
- Quickly implement good ideas rather than waiting for perfect timing.
- Developing marketing plans requires learning and knowing your business’s strengths, weaknesses, opportunities, and threats.
Components of a Marketing Strategy
- Craft clear goals, choose tactics matching customer journeys, and schedule details.
- Collaborate across teams towards unified business aims and connect marketing to overall business direction.
- Detail important customer relationships to create, research target markets and competitors thoroughly, and measure results to refine approaches.
Time Frame for Marketing Plans
- An annual marketing plan for a Fortune 500 company takes longer than a short-term plan for a small company.
- It takes about 1-2 weeks for short-term plans and 2-4 weeks for longer-term plans.
- Defining your target market, messages, and timing takes weeks to months depending on scope.
- Producing quality content consistently is crucial to rapid value.
Content Marketing Strategy Development
- Understand why you’re creating content and set quantified goals.
- It takes 1 to 6 hours to create content.
- Determining what your organization wants is critical to understand timing before generating results.
Digital Marketing Strategy
- Digital marketing is a long-term strategy, taking months for positive results.
Marketing Strategies and Tactics
- Consider how each strategy and tactic contributes to business plan objectives and sales, aiming to increase desired results.