How to Create a Marketing Plan
Updated: Jun 21, 2022
The phrase “marketing plan” can mean many things, from your social media/ad campaign schedule to your lead nurture pipeline to your overall strategic goals. Ideally, you’ll bring all these tactics together in a cohesive strategy. And this will become your capital-letter Marketing Plan!
This can be a daunting task, especially if you want to grow or scale up your (or your client’s) business. It’s always better to plan first, take action second! Especially if you want to optimize your budget, as you likely do.
With that said, let’s explore the core elements of a strong marketing plan — step by step.
What is a Marketing Plan, and What Does It Include?
No two marketing plans are alike. Depending on your industry, business model, and target audience, you’ll have your own mix of channels, goals, and brand alignment tactics. However, most marketing plans have 9 key sections that will guide your strategy.
Your Business’s Marketing Goals
What’s the point of planning if not to meet (and surpass!) your goals? The foundation of your marketing plan comprises your business’s main initiatives — at least with regard to marketing.
Determine what you’d like to achieve in terms of brand-building. Is it paid advertising, social media growth, website visitors? And so on. The SMART framework can help you structure these goals. SMART stands for Specific, Measurable, Attainable, Relevant, and Time-Bound.
For example, “Get more followers on our business’s Twitter page” is not a well-defined goal. The SMART version might read: “Get 1,000 more Twitter followers by the end of Q2 2022.” You would then measure your follower growth at regular intervals until that deadline.
Don’t forget to declare the benefits of achieving this goal. This is where “relevant” comes in. Is your Twitter goal going to help you drive more web traffic? Establish your brand authority? Context is everything!
There are many ways to describe your target audience. As marketing is ultimately about connecting with potential customers, this is the bread-and-butter of your marketing strategy. No matter your industry or business model, you absolutely must know your audience before you try to reach them.
Many companies create a buyer “persona.” This is a hypothetical construct that describes your ideal customer. If your target audience comprises several distinct segments, you can create a unique persona for each one. The persona may include any of the following, depending on your industry and offering:
What is included?
Favorite Hobbies and Social Activities
Worldview/Religious, Philosophical, or Political Views
Preferred Media, Social Channels, and Information Sources
Core Desires/Pain Points/Aspirations
As we’ll discuss in a moment, it’s especially important to know the last two. There’s no benefit in marketing your acne cream to those who don’t have acne or setting up a Facebook page if most of your audience is on TikTok or Snapchat.
Another model is the Ideal Customer Avatar aka Ideal Client Avatar (ICA), which is often used by service-based businesses. As the name suggests, this model describes the ideal person you’d like to reach — someone who is especially likely to seek and book your services. The ICA is often more easily defined after you’ve been in business for a while. That way, you can profile your most frequent customers.
Either way, when describing your target audience, it’s important to align them with your business’s overall market position. You likely defined this in your overall business plan. If not, or if you need to create a marketing plan for a client, consider which needs or wants the business fulfills. Then, reverse-engineer those desires into your persona.
All personas/avatars should meet these two qualifications:
(A) their primary goals, desires, and pain points could be solved by your business’s offering
(B) their interests, location, age, economic status, and social behavior put them in a position where they can encounter your business
For example, you can target health-conscious Gen Z college students all you want, but they likely aren’t willing or able to buy your home gym equipment. It isn’t worth your while to figure out how to market to them.
On the flip side, be sure that you’re aligning your persona with your market position. You may think that middle-aged homeowners earning six figures are your ICA, but actually, your offering better suits millennial renters who need fitness equipment that doesn’t require modifying the house.
Marketing Plan Example: ICA and Persona Marketing Templates
Here’s a handy grid for mapping out your ideal client/customer avatar.