What is the end result of marketing process?

Whether you’re working on a high-level marketing plan or the details of a particular marketing campaign, there are four steps that you need to follow if you want the marketing process to be successful.

Of course, the real starting point of the marketing process is always your overall business goals, since your marketing program will be designed to help you accomplish these. Once your business goals are defined, here are the four steps of a successful marketing process:

  1. Discovery.  What’s going on in your marketplace? What are the best target markets for your product or service? Where are your current customers located? What is your competition doing? Discovery is all about doing your research and performing a detailed market, customer and competitive analysis. Taking the time to do this will ensure that your plans are based on metrics and reality rather than on gut feelings and wishful thinking.
  2. Strategy.  All of the information you gather in step #1 is then used to help make your decisions as you create your marketing plans – your roadmap to success. How will you go to market? What is your overall marketing strategy and what are your individual campaign strategies? Before you move forward you’ll need to clearly define goals and objectives, determine the appropriate marketing channels, develop your messaging, plan your timing, etc.
  3. Implementation.  This, of course, is the “meat” of the marketing process. Implementation is where you put your targeted, cost-effective marketing campaigns into action. Before you implement, though, you need to be sure that you have all of the pieces in place. Do you have the resources to complete the implementation in-house, or do you need to bring in third-party vendors to get the job done? Have you thought of all of the information you need to collect from responders in order to allow for back-end campaign metrics, and put systems in place to ensure this data is captured? Is everyone in the company aware of the campaign? Have you double-checked that the campaign phone numbers work? And so forth.
  4. Measurement. The measurement phase of the marketing process is where you take a close look at the results of the campaign in order to refine your strategies before moving forward. Measuring results enables you to make intelligent decisions regarding how to allocate resources for the next go-round.Did the campaign achieve its stated goals? If your goal was sales, for example, how many sales did you get? How much did each person spend? Which products did they buy? Which elements of your marketing program did they respond to? If you were running a test of some element of your marketing campaign (see The Value of Testing), which version got the best results?

I am always shocked by the number of companies that act as though the marketing process has only one step – implementation – and completely disregard all of the research, planning and back-end measurement that really drives success. Companies that do this risk losing money, reputation and customers.

With new tools and new channels entering the picture on a daily basis, the marketing process is becoming harder by the day. If you’re a decision maker, you might find yourself overwhelmed by the various tools, techniques, and channels available to you. By visualizing the marketing process you can enable yourself and others to focus on different aspects of the process and how they all work together.

There is no one way to do this, go through the pointers mentioned below and come up with your own method.

Use Flowcharts to Identify and Document Workflows/Processes

Although marketing is one big whole process, it consists of many smaller processes. You can visualize these processes easily using a flowchart. The below flowchart was drawn using Creately and it depicts an article writing process. Not only can you see the process, but you can also easily visualize who is responsible for different tasks in the process.

What is the end result of marketing process?

The example above is simple and generic. But you can visualize much more complex processes using flowcharts to make better decisions. For example, you can create a similar flowchart for your signup process and put the actual numbers in the connecting arrows. This enables you to identify gaps in your signup process and helps you to tweak them for better conversions. It could be something simple like changing the button color or using marketing automation to stop abandoning shopping carts. After all, marketing is all about generating leads at the best possible price.

Use Mind Maps for Marketing Planning

Planning requires creativity and is a daunting task for many decision makers. There are so many things to consider that getting started itself is hard. This is where a mind map will come in handy.

Mind maps work similar to how your brain works, making it easier to start writing down your plan. This free flow of ideas will help you quickly explore your ideas and come up with a plan faster. Once you have a sizable mind map you can quickly see how those ideas connect with each other and help you make better decisions.

But planning isn’t the only use of mind maps. For example, you can use it to visualize the functionality of a tool you’re evaluating. You can use it to easily visualize a complex process that has many sub-processes. The possibilities are endless.

What is the end result of marketing process?

You can use a mind map to evaluate things

Use SWOT Analysis to Make Informed Decisions

Any marketer worth their salt has heard of the marketing mix and the four Ps of marketing. And a good SWOT analysis can contribute to all four elements of the marketing mix.

You need a thorough understanding of your product before you can market it. With a SWOT analysis, you can identify the strengths of your product and its weaknesses when compared to competitor offerings. You can use this knowledge when promoting your product and when setting a price as well.

SWOT analysis isn’t something you do once and throw away. It’s a living document which will change over time. You might strengthen your product with new features or new opportunities might arise in the market. Having a record of all these changes in one location not only helps you to get a better picture before making a decision, but it will also allow others to contribute to the marketing process.

Are You Visualizing Your Marketing Process?

A complex process like marketing can benefit a lot from visualizing. Visual communication has many benefits which will aid you way beyond simplifying your marketing. Other than the diagrams mentioned above you can make use of many other diagram types to visualize your marketing process. For example, you can use an org chart to visualize your marketing team, identifying talent gaps and make future hiring decisions. Once you start exploring visualization you’ll be spoilt for choices.

Join over thousands of organizations that use Creately to brainstorm, plan, analyze, and execute their projects successfully.

What is the end of marketing process?

The final step of the marketing process is reviewing and evaluating results. This includes tracking elements like how many customers engage with an ad or whether the company achieved its desired KPIs .

What is the importance of marketing process?

The importance of marketing for your business is that it makes the customers aware of your products or services, engages them, and helps them make the buying decision. Furthermore, a marketing plan, a part of your business plan helps in creating and maintaining demand, relevance, reputation, competition, etc.

What are the last five steps of the marketing process?

The Five Steps of the Marketing Process.
Step 1: Defining the brand. The first part of the marketing process is to determine who you are as a company. ... .
Step 2: Building a customer profile. ... .
Step 3: Developing a strategy. ... .
Execute. ... .
Step 5: Evaluating and adjusting the strategy..

What is marketing process all about?

The marketing process refers to all the steps a company takes to analyze market opportunities, identify a target customer, and create a multifaceted marketing strategy to interact with those customers and qualify leads for the sales team.