I am often asked, "what makes marketing separate from sales and advertising?"
Marketing is the work you do to determine where to fire your most potent
ammunition; your advertising, public relations and promotional budget in order
to develop leads and sales (revenue). Like a good marksman, the closer to
the mark you get, and the quicker you can hit it, the more successful you will
be.
In other areas of the site we have covered a lot of the ideas and concepts
behind identifying your primary and secondary target markets. In this area
we are going to delve into the ways you can use your advertising dollars with a
greater degree of success.
Remember that advertising development is often plagued by the same issues
that cripple a poorly developed marketing plan. Quick ideas that seem infallible
at first, assumptions based on illogical hunches and inaccurate information - a
failure to do the work and brainstorming that will prevent you from throwing
your advertising dollars into what will seem like a black hole of expenses and frustration.
This is not to say that a sudden insight and idea is not going to provide the
catalyst to drive your idea to fruition. I'm simply saying that you must
do the work that's required to allow that insight to be the tool to reach your
business goals.