Eight steps to build a marketing campaign

Eight steps to build a marketing campaign

If the thought of developing a marketing campaign yourself gives you the heebie-jeebies, don't worry; here are eight steps to build a marketing campaign.

Marketing campaigns can be fabulous things if done right – and you can know if it is successful (or not).

Done well, a great marketing campaign can reinforce your positioning and brand, communicate a message and generate sales and new customers.

But like everything that delivers the best rewards and outcomes, it does take some work.

Well actually, it takes eight steps.

 


These eight steps will guide you in building a marketing campaign to help you meet your business goals.

Let's get started.

Step 1 –  goals, goals, goals

Every campaign should have a goal, and that goal (or goals) should be aligned with your business goals.

Actually, everything you do with your marketing should be aligned with your business goals. So therefore, you should know your business goals. If you don't know your business goals then please stop reading and go and check your business plan.

If you do know your business goals it's time to develop your campaign to meet them.

Think about what you need to accomplish and identify your campaign goals. Do you want to:

  • build brand awareness
  • generate referrals
  • generate new leads
  • nurture existing leads
  • increase the spend of your existing customers?
  • The list goes on…

You can have a single goal for your campaign or multiple goals. The important thing is that they are aligned to your business goals.

 

Step 2 – campaign concept

Once you have identified your campaign goals, it's time to develop your campaign concept.

Your campaign concept isn't the detail or the content of your campaign. It's more an overview of the type/s of campaign/s you want to use.

To start, do a bit of research and think about:

  • What campaigns have you run in the past?
  • Which ones worked well?
  • Can you modify them?
  • Can you use a similar theme?
  • What campaigns have your competitors run that you liked and saw were effective?
  • Think about other industries – complimentary industries, what campaigns have they used that were effective?
  • Consider making emotional connections with your audience instead of focusing on products/services, information, features or benefits

From your research choose the concepts that will resonate with your market to deliver the best return on investment.

From here you can start developing your marketing campaign action plan.

Your marketing campaign action plan includes Who, What, Where, When, How, Budget, KPI (Key Performance Indicators) and ROI (Return on Investment).

As a KISS fan, I prefer the plan on a page approach, and use this simple action plan template.  As you work your way through each step, add to your action plan.

 

Step 3 – who are you targeting?

As with every aspect of marketing, it is key to understand who your market is. To do this, you need to know who your target market is, aka who is your ideal customer or client?

If you don’t know who your ideal client is, then read my defining your target market basics blog. OR complete my online course, Getting to Know Your Ideal Client.

 

Step 4 – select your campaign platforms

You're half way there!

Understanding your target market allows you to choose the most appropriate way to reach them.

That means by understanding who your ideal clients are, you know what platforms they are active on. And that's where you should focus your campaign.

These days there are a wide range of options to choose from. From the various social media platforms to  online marketing to email and direct mail, to events, trade shows, PR and traditional forms – choosing the right platform for your campaign is a key aspect of its success.

 

Step 5 – timing, timing, timing

Consider the length of time your campaign should run for.

Is your offer over a certain time frame? How much will your budget allow? Are there specific periods during the year where there is higher interest in your industry? Will the length of the campaign vary dependent upon the different media being used?

Once you have identified when you want your campaign to run, add the time frames to your marketing campaign action plan.

 

Step 6 – what is your message and offer

You have already developed your concept, and you understand your target market. Now it’s time to determine your key messages and offer. These should align with your goals. The detail may vary slightly for each platform, but your key messages should be similar.

This is where you can get those creative juices flowing. Think about the five points below and let those light bulb moments commence.

  • What is your offer?
  • How valuable is it for your target market?  
  • What action do you want people to take after seeing your campaign?
  • What content do you need to include in your campaign?
  •  What space is required for that content?

And, again, plug this information into your marketing campaign action plan.

Step 7 – identify your return on investment

As with all things marketing, it's important to measure your return on investment. There are different ways you can do this, and below are a couple of examples.

 

Example 1 – create estimates for the response rate from your campaign, the ultimate conversion ratio from responses to customers, and total revenue generated from the campaign. Estimate your response rate – the percentage of people that respond to your offer.

Create a campaign funnel, eg an example funnel could look like this:

Projected campaign reach 4000
Click link to land on website 5% 200
Fill out information request form 15% (of the above 5%) 30
Attend open day 25% (of the above 15%) 8
Negotiate purchase 50% (of above 75%) 4
Become a customer

 

Example 2 – calculate your financial return on investment.

From a financial perspective you can estimate your return by identifying your net profit from the campaign.

To do this:

  • identify the total gross profit from the campaign, ie subtract the total cost of goods/services from your new customers from the total campaign revenue
  • subtract your campaign budget from the gross profit – this calculates your net profit (your return on investment).

For example, if your total cost of goods is $1,000 and your total campaign revenue is $5,000, your gross profit is $4,000. If your campaign budget is $1,500, then your net profit is $2,500 ($4,000-$1,500).

 

Note: I haven’t mentioned establishing your budget, as this should be part of your overarching marketing strategy. ie, your marketing budget would include an amount dedicated to marketing campaigns. The financial investment required for your campaign should fit within your established marketing budget.

 

Step 8 – make things happen

Finally, to make sure you make the most of your campaign it is vital that you have follow up processes in place.

This directly affects your conversion rate, so it is a key action to have your follow up processes and actions outlined your requirements for your team.

There's nothing worse that achieving the responses your campaign sought and then not living up to customer or market expectations.

Identify how your market will respond to your campaign, outline what actions need to occur and put processes in place to make things happen and meet your market's expectations.

 

At the end of the day, marketing campaigns can achieve great things.

These eight steps will help you choose the right platform and concepts for your campaign to help you meet your business goals and not come down with a case of the heebie-jeebies.

 

If you need help making your marketing happen, lets have a coffee and a chat.

More to explore

Repurposing content for social media

Repurposing Content for Social Media

Repurposing Content for Social Media A Time-Saving Guide for Busy Business Owners   Repurposing content for social media is not just a