Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Creating Your Internet Marketing Plan By Megan Corwin

For large corporations, a marketing plan is a huge document detailing strategies for the fiscal year. It may include competitor analysis or a sales forecast. While these elements are important to a large business, do you as a small business owner (without a well paid marketing staff) have the time or energy to devote to putting together a huge document? Unless you are trying to get a financial loan, probably not...

But that doesn't mean you should totally scrap the idea. A marketing plan can be a wonderful tool to help you refine your focus. You've heard the old saying "If you fail to plan, you plan to fail." That's because when you don't plan you lack intention and attention.

My suggestion is to create a "micro-plan." Open up a new document and take an hour or two to answer the following questions.

Micro-Plan Questions

What is your purpose for being online?

  • Awareness

  • Sales

  • Community

What % of your overall marketing to be done online?

  • How much time do you expect to spend marketing on internet?

What strategies will you use?

  • Contests

  • Forums

  • Free reports/e-book

  • Newsletter

  • Pay per click advertising

  • Banners

  • Articles/content

  • Viral marketing

Timeline

Assign a project date to each of the strategies. Will they be one time events (contest) or something you need to do frequently (forums)? While you are thinking about it, schedule your projects in your time management system or planner.

Analysis

  • How will you track the success of your marketing plans? What is your ROI?

Budget

  • What is your total yearly internet marketing budget?

  • Assign a $ to each of the strategies you will use.

A successful internet marketing strategy begins with a plan. The time you take to put together your "micro-plan" will be well worth it to your business.


About The Author

Megan Corwin is an internet marketing coach who helps work at home professionals grow their businesses. For more articles and advice about online marketing strategy and solutions, become a member of Megans online community for work at home women: http://www.wahwoman.com/membership.html




See Also:

Quality Recovery and Rework - When It All Goes Wrong
When Quality is the Target, but not the Result, what do you do?While Quality may be the overarching goal of all production, stuff happens, resulting in non-conforming parts. This results in failure verification, rework, recalls, sorting, kitting, retest, relabeling and pipeline management, which ... more...

Show Me the Money: an MRO Inventory Analysis
You dont have to be a genius to recognize that a lot of money is tied up in MRO inventory .especially if your business requires the use of capital-intensive equipment. Literally millions of dollars are tied up in spare parts for day-to-day Maintenance, Repair and Operations (MRO).Historically, no ... more...

Avoid 7 Time and Life-Robbing Mistakes and See Your Productivity Soar
41 practical and quick ways to get on top of that mountain of work and free up time for the important things that really matterBy Dr Bill Robb, PhD, DEdWe are all required to do more and more with less and less. This is taking its toll on our productivity, our health and unfortunately on family ... more...

The Magic and Mystery of Teams
As the world of manufacturing has become increasingly competitive, managers have diligently searched out new and innovative ways to increase productivity, multiply the power of every employee, and better utilize every resource in order to positively impact the bottom line.For more than a decade one ... more...


More on project management...

Search More Info On:

  • Project Management
  • Home Loan
  • Retirement Plan
  • Mortgages Done Online
  • Refinance Online
  • Home Market
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009