Business Plan Consultants South Africa

Mastering Marketing Plan Success: Implement with JTB

/
/
/
Mastering Marketing Plan Success: Implement with JTB
JTB Consulting | Mastering Marketing Plan Success: Implement with JTB | Marketing Plan

Date Published

04/03/2015

Advice, How To Guides
JTB Consulting | About Us | 0 Thommie Headshotpro
Share this...

Behaviour precedes belief – that is, most people must engage in behaviour before they accept that it is beneficial; then they see the results, and then they believe that it is the right thing to do….implementation precedes buy-in; it does not follow it.” Douglas B. Reeves

Speak to any prospective entrepreneur and even existing business owners and most of them will tell you that the concept of ‘marketing’ and monitoring the effectiveness of a marketing programme is of paramount importance in their endeavours to ensure a sustainable and profitable business. What is the use of having a business if none of your potential customers even know you exist? Moreover, what is the use of having a well-conceived marketing plan if it is not implemented effectively with the primary aim of achieving measurable results? Even the most well-researched, well-written marketing plan is just a pile of paper if it isn’t implemented into action. As cited by Kotler (1997), marketing plan implementation is the process that turns marketing plans into action assignments and ensures that such assignments are executed in a manner that accomplishes the marketing plan’s stated objectives. A marketing plan is most certainly not a document you create once and store in your bottom drawer. It’s a living blueprint that you should develop, tweak and revise as your business grows and changes. Set yourself a reminder to review your marketing plan regularly.

Successful implementation is 80% of the marketing plan’s success.

Guidelines for the successful implementation of a workable marketing plan:

It is vital to understand that implementation has two dimensions: organising and executing.

  • Step 1: Ensure that all your marketing initiatives, activities and programmes are goal and objective directed.
  • Step 2: You need to allocate a time frame for completion to achieving each objective and goal. Each task should be paired with an appropriate time frame for completion. You should be aggressive but reasonable with you time allocation and ensure that quality is achieved at all times.
  • Step 3: You need to decide who in your team is responsible to perform which task. Your expectations of them need to be clearly communicated to ensure that they fully understand what is expected of them and how their individual actions will contribute towards the overall success of the marketing plan.
  • Step 4: No plan will succeed if you don’t monitor your progress and return on investment (which such ‘investment’ is in the form of employees’ time, money, etc.). As business owner, the overall responsibility for the successful implementation of the marketing plan resides with you. You need to monitor each task’s progress and the completion percentage of each objective. When delays occur, try to get to the root of the problem and resolve it immediately.

A good idea is about ten percent and implementation and hard work, and luck is 90 percent. Guy Kawasaki

Business owners are important components in the marketing plan implementation process.  To be effective implementers, business owners need:

  1. The strength to be tough and fair in putting people and resources where they will be most effective;
  2. To be able to focus on the critical aspects of performance in managing marketing activities;
  3. The ability to create a necessary informal network to match each problem with which they are confronted;
  4. Lead by example and convey your marketing message clearly so as to ensure all employees have an unwavering commitment and buy-in.

Need a Business Plan, Financial Model, Feasibility Study or Company Valuation?

Established in 2006, JTB Consulting is a South Africa-based specialist Business Plan Consultancy, Financial Modelling and Strategic Advisory firm serving local and international clients.

We support startups, SMEs, established businesses, corporate project sponsors, and investors with bankable, investor-ready Business Plans, integrated Excel Financial Models, Feasibility Studies, Company Valuations, Market Research, and Investor Documentation for funding, investment, and strategic decision-making.

Whether you are raising funding, evaluating a new project, buying or valuing a business, or preparing for a major strategic decision, tell us about the business, the decision you need to make and the funding or investment requirement. We will recommend the appropriate scope before work begins.

Get a Quote →

View Our Services →

JTB Consulting — Business Planning • Financial Modelling • Strategic Advisory • Since 2006.

Latest

Recently published articles.

Subscribe to our Newsletter.

Stay informed and opt-in for our newsletter via email. We respect your privacy and we never spam.