Strategy

What a marketing strategy actually includes (and what it doesn’t)

What a marketing strategy actually includes (and what it doesn't)

“We need a marketing strategy” can mean many things: a content calendar, an ad budget, a new logo. But a strategy is something different. It is a set of choices that tells you what to do, and just as importantly, what not to do.

What a strategy is not

  • A list of channels. “We will be on Instagram, LinkedIn and email” is a list of places, not a plan.
  • A calendar. A calendar organizes activity. It does not decide whether the activity is the right one.
  • A budget. Money follows choices; it does not replace them.

The six parts of a real strategy

  1. Goal. The business result you want and by when. For example, new qualified conversations per month, or entry into a new market.
  2. Audience. The specific people you are trying to reach first, and what they care about.
  3. Positioning. Why they should choose you over the alternatives they actually consider.
  4. Message. The few things you want them to understand and remember.
  5. Channels and tactics. Where and how you will reach them, chosen because that is where this audience pays attention.
  6. Measurement. The small set of numbers that will tell you whether it is working, and when you will review them.

Strategy is also about saying no

A good strategy leaves things out. If you try to reach everyone on every channel with every message, you will spread a small team across too many places. Decide what you will not do this quarter, and write it down.

How to test your own plan

  • Can you explain the plan in two minutes to someone outside the team?
  • If a new idea comes up, can you tell quickly whether it fits the plan?
  • Do you know what result would make you change course?

Keep it short and alive

The most useful strategies fit on a page or two and are reviewed regularly. Treat the plan as a working document: set it, run it, learn from the results, and adjust it every quarter.

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