The first place most people go at this point is to design a great website or something to hand to people, but those are actually the last things you should do. I once worked in marketing for a company that created a brilliant, yes, brilliant, radio advertisement. The funny script was delivered by Dick Cavett, a very wry, late-night comedian. And famous. The commercial made me laugh out loud as I was driving home. Six months later, we did a survey (that’s how it was in the prehistoric times before data mining and Google stats).
78% remembered the commercial and were positive about it.
Less than 20% remembered who the commercial was for.
This is what happens when you don’t take the time to clarify who your target market is and what they need to hear so they’ll reach out to you. Wasted time and (a lot of) money and energy.
Want to use sales time effectively and efficiently throughout your organization? As a leadership team, get on the same page about these 4 points – then share!!
You can answer the 4-part Marketing Strategy question as part of the EOS process by downloading our powerful 2-page business plan (the Vision/Traction Organizer).
This article was originally published on the Goodwin Growth Works blog.