Small
Business Marketing: Are You Planning to Fail ?
There's a saying that goes "If
you fail to plan, you're planning to fail."
Are You Unintentially
Planning to Fail?
I realize no small business
owner has the intention of failing, but that's just what many do
every day when they launch their small business without a marketing
plan.
As a marketing coach and
trainer, I see it constantly. People who are so excited about
opening their own business. They're working hard. They're
dedicated. They have a great product or service, and a small
handful of clients who love them.
But They're Missing One Key
Ingredient
An ingredient that could very
likely determine their success or failure.
They don't have a marketing
plan. They're out there "winging it" every day. Oh sure, they're
marketing. They're doing a little bit of marketing over here, and a
little more over there.
But what's guiding that
marketing? What are they trying to achieve? Of course they're
trying to get more clients or make more sales. But without a plan
they're typically just working toward short-term goals.
Short-Term Goals Won't
Sustain Your Business Long-Term
If they need more clients or
sales this month so they can cover expenses, they focus on getting
those immediate clients or sales. But they're not doing anything to
ensure the long-term success of their business.
According to Entrepreneur
Magazine, 80% of all new businesses fail within the first five
years.
In "The E-Myth Revisited" by
Michael Gerber, he talks about a common mistake made by most small
business owners: working IN their business instead of ON their
business.
Are You Working IN Your
Business Instead of ON It?
Without a plan you are working
IN your business. You get up everyday and do what needs to be done
to make today's clients happy, to fulfill today's sales orders and
if you have time you spend a little time trying to get tomorrow's
new clients.
But, if you choose to do as
Michael Gerber recommends and work ON your business, one of the
first things you should do is create a marketing plan.
Identify what you want to
achieve with your business in the next year, then set some goals
and create a plan to achieve those goals.
When you have a marketing plan,
you have a step-by-step map to reaching your goals. And when you
take the time to work on your plan as well as work IN your business
you are focusing on creating long-term success while you're
servicing the daily needs of your business and clients.
Having a plan is the only way I
know to maintain your focus on long-term success and know what
daily steps you need to take to achieve that success.
A Marketing Plan Does Not
Have To Be A Big, Thick Document
If you don't have a marketing
plan, now's a great time to create one. And if you're concerned
your plan needs to be a document as thick as the Bible, let me put
you at ease. It absolutely does NOT need to be. Your plan may only
be a couple of pages.
The key is to make sure it
addressed your goals and a step by step plan to achieve
them.
(C) Copyright Debbie
LaChusa
About the Author
Debbie LaChusa, San Diego, CA, USA
Learn more about small business marketing
Debbie LaChusa created The 10stepmarketing System to make marketing
your own business as simple as answering 10 questions.
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