So, online marketing, that is what will make your business grow. Your strategy has been defined. Your organization works data-driven and you know who your target audience is, what your target audience needs, where you can find your target audience, and through which channels they can be reached.
The starting point for your marketing strategy is in order. That is important. Based on this data, you are able to start working with your marketing team.
Let’s begin, you think; but how? How can I execute my strategy? How will I yield concrete results? And fast? How shall I go about it?
Marketing?
It seems like a good idea to first take a closer look at the concept of ‘marketing’ once more. Thinking back about marketing at around the turn of the century, I imagine a company’s marketing department producing a large number of folders, presentations, offline launch events, and external and internal newsletters. The marketing department was often the ‘arts-and-crafts’ organization within a company; besides marketing they also took care of the external and internal communication, PR, and when business cards had to be printed or a celebration needed to be organized, then that was also done by them.
All joking aside, this old-style marketing department also contributed to bringing the products or services of these companies to market. But eh… it must be clear that you need to really catch up fast if your marketing department nowadays still looks like and functions as an arts-and-crafts or communication club!
Due to the nature of marketing nowadays, something different is needed.
First of all, the role of marketing has changed significantly. The goal of marketing is to contribute to the company’s growth. When marketing cannot show results on a company level, it loses its right to exist.
The task of marketing has become a strategic one, namely to generate leads. These leads are essential for the sales or business developments department to get them into contact with potential customers. Without leads there are no sales. That explains that marketing has become a fundamental part of business operations, as opposed to it being a separate department with no clear contribution.
Secondly, the circumstances have seriously changed, from mainly offline marketing to a mostly online affair.
To deploy marketing at a strategic level and to actually contribute to your company’s results, a large dosage of Execution Power is needed.
To actually get marketing to contribute to your company’s results, to really have it make an impact, Execution Power is needed. But that is what lacks in most marketing teams. It often just papers over the cracks. We rarely come across a company where the marketing team is the driving and pushing force behind the business results.
This way, too little focus is placed on results. There is no integral structure within the process where all components of marketing are linked. They are not making short cyclical changes and for them to do this might even seem impossible.
For example, imagine it is not possible to implement fast changes to a website, let alone, correctly perform A/B testing. There is a lack of insight into data, and as a result campaigns are not optimized regularly enough, and they are kept running without making a profit for far too long. There is no implemented process for the company to (rapidly) learn and optimize iteratively.
So, the answer to the question: “How should I go about this?” is: by setting up a clear structure which creates preconditions for your marketing team to be able to be successful. Through management skills, employing and developing thought and mentality within your marketing department and marketing activities, you ensure that you work in a structured and result-oriented manner. Just as you deploy your other business components.
The eight preconditions for Execution Power within your marketing team
Such a structured approach consists of the next eight preconditions for success. They are each equally important to implement.
Are these eight elements in order, then you have created a well-oiled machine that can start facilitating growth for your business.
I can hear you think: “Well, that is quite a lot!” And yes, you are right. Generating Execution Power in your marketing activities is a serious matter which, when approached correctly, can yield serious results.
Applying our Growth Plan, we use this approach with our customers, based on the above mentioned eight elements. With our Growth Plan we continuously work as a full-stack marketing team towards a predefined goal. Customers like this, because they know that they will not have to invest in it forever and that we do not initiate unnecessary campaigns.
With the Growth Plan we make sure structure is applied. This leads to Execution Power, and thus, results.
Do you want to know more about the Growth Plan and what this can mean for your business
Schedule your Growth Call with our Growth Consultant.