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MARKETING PLAN
February 28, 2012
MARKETING PLANFatal Error #44 in Jim Muehlhausen's book, “The 51 Fatal Business Errors” is “IF YOU FAIL TO PLAN, YOU ARE PLANNING TO FAIL.” Even if you have lots of experience in your specialty, and understand your clients' businesses, integrating marketing into weekly activities is essential.In our work with clients, we often find that they are asked to complete an exhaustive marketing plan at the beginning of each year. Some do; most don't; and few plans are ever followed. Our solution is quite simple.Your marketing ACTIONS plan should have just 5 lines. What are the 5 specific marketing and business development actions you will undertake this quarter? Whether reconnecting with a former client, writing an article, giving a speech, sending out a “touch” email, etc., get them done.Spacing 5 actions a quarter makes the task manageable and measurable. Just think, if you are in a 40 attorney firm, and each undertakes this effort, the firm will have 800 individual marketing actions in a year. A 100 lawyer firm will have 2,000! That's how to use a marketing plan.
MARKETING PLANFatal Error #44 in Jim Muehlhausen's book, “The 51 Fatal Business Errors” is “IF YOU FAIL TO PLAN, YOU ARE PLANNING TO FAIL.” Even if you have lots of experience in your specialty, and understand your clients' businesses, integrating marketing into weekly activities is essential.In our work with clients, we often find that they are asked to complete an exhaustive marketing plan at the beginning of each year. Some do; most don't; and few plans are ever followed. Our solution is quite simple.Your marketing ACTIONS plan should have just 5 lines. What are the 5 specific marketing and business development actions you will undertake this quarter? Whether reconnecting with a former client, writing an article, giving a speech, sending out a “touch” email, etc., get them done.Spacing 5 actions a quarter makes the task manageable and measurable. Just think, if you are in a 40 attorney firm, and each undertakes this effort, the firm will have 800 individual marketing actions in a year. A 100 lawyer firm will have 2,000! That's how to use a marketing plan.
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