Create your marketing strategy
Introduction
Developing a marketing strategy is vital for any business. Without one, your business won't be able to reach the ideal customers for its goods or services.
The focus of your strategy should be to communicate the benefits of your products and services and how they can meet your customers' needs. This can then help you develop a long-term and profitable relationship with them.
You will also need to create a flexible strategy that can respond to changes in customer perceptions and demand. It may also help you identify whole new markets that you can successfully target.
This guide explains how to focus on reaching potential customers using a well-designed and trargeted marketing strategy with detailed market and customer analysis.
Subjects covered in this guide
- Introduction
- Key elements of a successful marketing strategy
- Define your target market
- SWOT and PEST analysis
- Developing your promotional strategy
- Product strategy - positioning and differentiation
- Product portfolio - product life cycle
- Tips and pitfalls
- Here's how I chose the right marketing mix

Actions
- Marketing e-course on the learndirect business website - Opens in a new window
- Fundamentals of strategic marketing courses on the Chartered Institute of Marketing website - Opens in a new window
- Download our marketing plan template as a Microsoft Word document (DOC, 409K) - Opens in a new window
- Download our marketing plan template as an ODT file by using Openoffice software (ODT, 55K) - Opens in a new window



