As many of us are entering ‘budgeting season’ for 2010, we are all looking at that marketing budget line and trying to determine how much to allocate. Getting a return on your marketing investment is crucial these days and at its most fundamental level, marketing is about selling.
Far too often, I've observed marketing and sales departments within an organization that don’t communicate and as a result, are not on the same page. Your marketing and sales strategies should be 100-per-cent in-line together. If they are not, then your return on your marketing investment is going to be very thin.
Both your marketing and sales teams should be able to:
- Articulate your unique selling proposition
- Recite your organization’s top goal(s) for the next 12 months
- Articulate your target audience
- Quote research and statistics (both internal and external) that substantiates your industry, product and/or service
- Drive the audience to the same website and use technology together (i.e. social networking sites such as Facebook should be co-managed)
- Understand what market-intelligence your organization needs to advance and be working together to collect that data either quantitatively or qualitatively.
If this seems like common sense to you, then you already have an advantage. Sadly, from my perspective, the above is not common sense and is not frequently put into practice. As you are planning for 2010, I strongly encourage you to align your goals, target audience and tactics to maximize any marketing investment you make.
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