|
|
Like this article? PLEASE +1 it! |
|
Create Your 10x10 Marketing Program
Written by: David CarterArticle Overview: An effective principle to follow in creating a marketing program is “massive action equals massive results!” Too many businesses depend on too few marketing activities to develop leads, new customers, and repeat customers. In other words, they put all their eggs (expectations of results) in one or two marketing baskets. To generate massive results, I recommend the Rule of 10 x 10.
![]() |
Free Download - Does your company have a coherent strategy? By David Carter |
Create Your 10x10 Marketing Program
I believe that being in business should give you what you want out of life by maximizing profits and creating free time to achieve your personal objectives. A key component to achieve this success is an effective, automated and continuous marketing program.
The Rule of 10x10
An effective principle to follow in creating a marketing program is "massive action equals massive results!" Too many businesses depend on too few marketing activities to develop leads, new customers, and repeat customers. In other words, they put all their eggs (expectations of results) in one or two marketing baskets.
To generate massive results, I recommend that a business follow the Rule of 10x10. In essence, you develop ten distinct marketing activities, one by one, that work concurrently, each representing 10% of your total effort. Ten activities at 10% each will then add up to 100% of your efforts. When one, two or three of your activities are not yielding results, the others are. This is a powerful way to achieve diversification and marketing results for your business.
Steps to Build a 10x10 Marketing Program
First, revisit your business plan to focus on your defined customer base and the most effective ways to reach your customers. Insure that your unique selling proposition or brand promise is absolutely clear and in your marketing messages. Basically, your uniqueness comes from one of seven areas - quality, price, service, delivery, speed, convenience, experience. In case you're wondering, experience means the actual experience of buying from you.
Second, select marketing activities that are appropriate for your business and industry. Review what has been most effective for you in the past. Look at what your competitors are doing. Continue to research new and different ways to approach your customer base. Here are some common marketing categories from which to draw from: Strategic Alliance Development, Networking, Client Referral Programs, Seminars, Advertising, Public Relations Activities, Telemarketing, Brochures, CD's, Trade Shows, Cold (BOLD) Calling, Internet Programs (Website, Blogs, Email Marketing, e-Newsletters).
Third, plan your program in detail. Create a 90-day marketing plan specifying your budget, timing of your activities, and result goals (number of leads, conversion rate, and number of new customers.)
Fourth, execute your programs. Does your staff fully understand the program you've created? Your team needs to be informed of what's going on, and how they execute your 10x10.
Fifth, test and measure your results. Insure that you have in place a simple system to measure the results of each 10x10 component. Continue with those components that work and replace those that do not work.
Now you are ready to implement your 10x10 Marketing Program and significantly increase your lead development!
Article Tags: marketing planning
|
About the Author: David Carter RSS for David's articles - Visit David's website David Paul Carter draws on 30+ years of success as an experienced business executive, entrepreneur, strategist, advisor, and dedicated community leader. He is the founder of David Paul Carter, LLC, business strategy consultants for closely held, family managed and entrepreneurial growth companies confronted with change. His career has taken him around the world living and working in the US, New Zealand and the UK. He has held senior executive positions within the Thomson Corporation, Wolters Kluwer, and Ziff-Davis publishing companies. In addition, he successfully founded and developed two businesses: American Trade Exchange, an import and export company, and a PC Systems Development and Training company. These have provided excellent environments to "practice what he teaches." David is a certified partner of Gazelles International for the Philadelphia Area. His company is one of only 40 firms qualified to teach and implement Mastering the Rockefeller Habits. He serves on the Boards of the Entrepreneurs Forum of Philadelphia (currently VP of Strategic Planning), and the Exit Planning Exchange (XPX) of Philadelphia. Contact David at (215) 732-2230, or email him at dcarter@davidpaulcarter.com, or visit www.davidpaulcarter.com. Click here to visit David's website Profit Per X Why Do Business Strategies Fail Hyperfocus Control Cash Write Pulse Faster Seven Hurdles to Successful Growth for Companies Create Your 10x10 Marketing Program |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Severance and Separation Agreements
Leading from Authenticity is a Beautiful Thing
Top 5 Tips for Better Online Ads
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



