7 Steps To Create An Integrated Marketing Communication Plan
In an age where a myriad of companies vie for the attention of leads, one of the most critical needs for a company is the establishment of a robust marketing and sales pipeline and enterprise system. Such a system - which includes marketing, sales, PR, and communication experts - is tasked with reaching prospects, leads, and customers with crucial information associated with a company’s brand, products, services, events, and more. An enterprise’s marketing strategy encompasses the strategic approach to ensuring that a company utilizes all mediums and marketing channels effectively and efficiently to further the company’s goals. Such goals typically include reaching more demographics, retaining customers and converting leads, creating brand ambassadors, and expanding the company’s reach into different territories and regions, with the ultimate purpose of increasing profit margins.
A company’s marketing strategy consists of the CEO, Chief Marketing Officer (CMO), CFO, and other C-suite executives who work to align all marketing processes and projects with the overarching business model and vision of the enterprise. Within the scope of the marketing strategy, as noted by Simplicable, several mediums or channels can be used toward fulfilling the goals of a company’s marketing department:
- Television
- Radio
- Online Digital Assets
- Apps
- Messaging apps
- Social Media
- Games
- Events
- Graphics
- Publications
- Whitepapers
- Articles
- Mail/Email
- Public Speaking
In this digital age, business marketing is usually divided into two categories:
- Outbound (traditional) marketing: Going out to customers to advertise the company’s products/services, trying to convince unqualified leads to become customers, often via “cold calling.”
- Inbound (digital) marketing: The use of content marketing, like blogs, articles, and other educational material deployed on a business’ online assets, to draw potential customers to the company’s products/services, via leading.
The Marketing Funnel and Sales Funnel visual systems are often vital to understanding marketing communications. Different processes within the marketing strategy align with different phases of the marketing funnel (Top of the Funnel/ToFu, Middle of the Funnel/MoFu, and Bottom of the Funnel/BoFu), and sales funnel.
The channels listed above can be used to publicize a new product/service, to attempt to reach a new demographic via a PR campaign, to establish better relations with customers, and more. All of these marketing tasks are integrated with PR and sales processes to help increase sales and improve the top line of the business.
If the marketing strategy is to be created and carried out correctly, enterprises must understand how marketing communications work. Marketing communications employ electronic and non-electronic mediums or channels to convey a message to a market, which can include a company’s prospects, leads, stakeholders, and customers.
Following several industry best practices for creating a marketing strategy and choosing the best communications system will ensure that businesses reach their market in the most effective manner possible.