Tuesday, 11 May 2021

How to market your service business (Service Marketing 11.05.2021)

Planning and Management of Service Marketing

How to market your service business

First step: Business objectives

Where is your business now and where do you want it to go over the next few months / year?

To define this, you may use the SWOT analysis test which will help you identify the strengths, weaknesses, opportunities & threats of your business. Make sure your objectives are SMART (specific, measurable, attainable, realistic and time bound).

 

Step 2: Marketing objectives

Ask yourself; what are MY marketing objectives?

They could be any of the following;

1. to create awareness of your service,

2. to generate customer leads for your service,

3. to increase website clicks,

4. to get more referrals for your service etc.

 

Step 3: Discovering your target audience

Your target audience is the people who will buy / purchase your services. Be as detailed as possible when drawing out your target audience, include demographics (age & gender) and psychographics (interests and behaviours).

 

Step 4: Key marketing messages

With each marketing plan, you need to outline what is your key marketing messages are. Think about what differentiates you from your competitors. What is your unique value proposition?

This is the message that will form the theme for your marketing communications. It could be centred around the affordability of your service / product, convenience or even quality.

 

Step 5: Brand positioning

This is basically what you want to be known for. Take these examples

·                  The best coffee house in particular city / country.

·                  Best service provider of a particular town / city.

·                  Exotic travel destinations for young travellers

·                  The most efficient tax consultant in city.

Now it’s your turn, how will you position your brand so that it’s attractive to your target audience?

 

Step 6: Deciding which marketing channels to use

How / where will you reach your customers effectively? This could be via Traditional Marketing Channels, Facebook, Twitter, email, your company’s website or YouTube. It doesn’t have to be entirely online, think of where your target audience is. Other marketing channels include SMS, posters, and word of mouth.

 

Step 7: Your content marketing plan.

Now you know what marketing channels you’ll be using, what kind of content will you share on them?

Think about utilising lots of images of your product / service. How to use your service, tips and informative information about your service. Articles and blog posts related to your service. Also, consider how much content you will publish or broadcast and how frequently?

 

Step 8: Keeping in touch with your customers.

The most effective keep in touch strategy for the service industry is email marketing (online marketing). Grow your list of customers by collecting their email addresses and purpose to send an organisation’s newsletter to them.

 

Step 9: Evaluating your efforts

How many people do I want to reach on Facebook? What’s the number of new sign-ups I am targeting at the end of each month? How many monthly website visits do I want? How many people do I want to read my e-newsletter every month?

 

In summary

Before you start typing down a marketing plan, you need to know

·      What you want to achieve with your marketing

·      Who you want your marketing efforts to reach?

·      Why you want to market your services

·      How you will be marketing your services

·      When you will implement your marketing plan

 

 

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