Your Strategic Marketing Foundation Bears Quite a Load

Client AcquisitionMarket Research
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Everyone says you need a strategic marketing plan, right? In fact, you may feel like you're getting hammered with that little bit of advice (including from us). Then you find out you need a marketing foundation to build it on. That’s not so bad; until you discover the foundation has parts that need to be included.

Wait, wut?

Since when does a foundation have PARTS? It’s like, a simple slab of concrete with a few load-bearing walls. There are no parts to a foundation! Are there? Argh!

Turns out, as long as we don’t take it too literally, there kind of are parts to a foundation. Plus, and more importantly, we have to remember the purpose of a foundation: To distribute the load of the structure – your marketing strategy – over a large bearing area to bring the intensity of loading within the safe bearing capacity.

In other words, as a metaphor, your strategic marketing foundation must be able to bear a pretty heavy load or your marketing plan may collapse. Then where are you?

With a metaphoric roof and four walls crushing your hopes and dreams of success! (Youch!)

Identify the Parts of Your Marketing Strategy

Now that we understand how the foundation of your strategy supports your marketing plan, supporting and keeping it functioning properly, let's take a look at some of the component parts you need to put in place.

All of the preceding begs the question of exactly what that foundation you’ve worked so hard to build will be supporting:

  • Identify your ideal client – Who do you want to work with and whom do you think will want to work with you? Have you answered these questions? You need a profile of precisely whom you will be targeting in your marketing plan. Without it, you're going to be all over the place with your messaging.

  • Create your unique customer avatar – Success is in the details. An avatar helps you take that profile to the next level and makes the ideal client real to you. Instead of trying to appeal to some kind of vague “them”, the focus of your marketing message will be on individuals with an identity, the real human beings who will benefit from doing business with you.

  • Hone and build your individual brand identity – Who are you? What do you have to offer? How do clients relate to you? All of these questions (and more) must be answered as part of establishing yourself as an expert in your niche. That is where brand identity comes from.

  • Narrow your target market to engage them more effectively – You simply can't be all things to all people (and you must stop trying). While it might be nice if every person on the planet wanted what you're offering, that is simply not realistic. You need to fully commit to the ideal client profile you’ve created and accept that your client avatar includes your entire audience.

  • Build your initial market strategy on these foundational steps – Wow. That looks like a lot of market research and planning, doesn’t it? It sure does. And, once you complete it, you'll have a concise, straightforward approach to basic marketing concepts and the foundation of your strategy. Yay, you!

Truly, nothing that lasts can be built without a solid foundation. Plus, considering the stress and confusion of the past couple of years, overcoming uncertainty and even fear of failure moving forward could be really tough. The solution then is to take bold action that will enhance your online reputation, build brand awareness, and engage with your target audience in ways that lead to conversions!

If you’d like to learn which sorts of strategic marketing foundation and strategies will work in the interior design and luxury furnishings industry, Ted remains available with practical, industry-focused strategic marketing tips. With more than 25 years of experience, he could be an invaluable resource on whom you might rely to grow your business.

For business consulting to the trade… Contact TD Fall today.