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Back to G-Business

Promote Your G-Business


To effectively promote your business, you need to create a balanced marketing strategy by utilizing all your marketing channels - Web advertising, direct mail and public relations. An integrated strategy contributes to a company's overall success.

DEVELOP A MARKETING PLAN

Review and update your marketing plan monthly to ensure you stay focused and on budget. The marketing plan is your first step in promoting your business and is a roadmap to help you focus on and define your overall business strategy.

INGREDIENTS

  • Define your objectives. What do you want your marketing to accomplish? List changes occurring in the market, including environment, economy, customer perceptions, etc.
  • Create a competitive analysis worksheet. Your spreadsheet should include your competition and competing products. How do your products stack up to the competition? Compare all the features/benefits of your product to your competitors. Include a statement of your company's and/or product's unique or outstanding strengths.
  • Create an advertising and promotion plan. Map out promotions by product, marketing medium and month. Include promotion costs, expected response rates and estimated revenues.
  • Develop comprehensive budgets and timelines. Complete down to individual profit & loss calculations for each promotion.
WORK THE WEB

Your marketing mix should include a comprehensive online strategy with a Web site:
  • Inexpensive
  • Quick and easy for prospects to learn about you
  • Offers unlimited space to provide as much information as you want, including photos and graphics
  • Your business's location and size don't matter—you become a global player online
YOUR WEB STRATEGY


  • Drive visitors to your site: Include your Web address on every promotional piece and correspondence you send.
  • Create a general viewing area and a private viewing area for members only, stockholders, distributors or your sales reps. Viewers must enter a user name and password to gain entry into their assigned area. Information may include annual reports, distributor reports, etc.
  • Accept purchases online. Make it easy for customers to purchase your product. Don't bury shopping cart access.
  • Incorporate internal and external promotion plans.
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