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Digital marketing-plan-template
1.
actionable marketing advice Edited
by Dr. Dave Chaffey RACE Planning: Your companion to creating or updating your online marketing strategy
2.
INTRODUCTION How to use
this RACE Planning Template WELCOME Thanks for downloading this Smart Insights template and congratulations on taking steps to improve your digital strategy! We hope you find it useful when creating or refining your plans to make more better use of the fantastic opportunities available from digital marketing. It’s a sample of our actionable advice for marketers including 7 Steps eBooks; online training courses; how-to-videos and marketing templates. Our recent research showed1 that shockingly, many organisations are doing digital marketing, but they don’t have a strategy. The reality is that digital channels are still relatively new and fast- changing, so many businesses haven’t responded adequately and their business is at risk. We found that although many organisations now use a planned approach to digital marketing, many others still don’t. We believe that you need to first define a separate digital plan to quantify the case for investment in digital marketing and change your approach to managing digital marketing. Then move to a better integrated approach where it’s part of your marketing strategy. RECOMMENDATION CREATE A SPECIFIC DIGITAL MARKETING PLAN Create a detailed digital marketing plan defining the digital channel strategy for each major market/proposition to provide focus and direction for the future. Make sure your digital plan is well integrated with all marketing communications and aligns with your business objectives. 1 Smart Insights Managing Digital Marketing 2015 research report u(available to all members) 34% 16% 50% Yes - it's integrated into our marketing strategy Yes - it's defined in a separate document No - we are doing digital marketing, but no defined strategy Q9 Does your organisation have a clearly defined digital marketing strategy? Does your organisation have a clearly defined digital marketing strategy? Digital marketing planning template | © Smart Insights | www.smartinsights.com 2
3.
4.
PLAN Create a digital marketing
strategy OPPORTUNITY Review marketplace and set objectives Use these six key activities to define your digital opportunity through marketplace analysis: ☐☐ 1. Review digital marketing capabilities ☐☐ 2. Review performance using KPI dashboards after customising analytics for your business ☐☐ 3. Summarize customer insight in customer personas and customer journey maps ☐☐ 4. Audit brand and benchmark competitors ☐☐ 5. Review influencer outreach, co-marketing and intermediaries ☐☐ 6. Define SMART objectives with conversion spreadsheet models to quantify opportunity STRATEGY Create digital strategy Review how your digital proposition and communicate it using digital targeting techniques: ☐☐ Select target market segments and personas. Define digital targeting approaches ☐☐ Define your online value proposition (OVP) including review of business and revenue model, brand positioning and integration with traditional channels ☐☐ Review marketing mix for online options for the 4Ps - Product, Price, Promotion and Place ACTION Implement and manage digital marketing communications Make smart budget investments and optimise your digital communications across all key customer touchpoints: ☐☐ Reach: Build your audience by integrating paid, owned and earned media ☐☐ Act: Using content marketing and persuasion to prompt brand interaction and leads ☐☐ Convert: Use conversion rate optimization to boost online and offline sales ☐☐ Engage: Develop customer loyalty and repeat sales 1 RECOMMENDATION STRUCTURE YOUR PLANS TO DEFINE THE OPPORTUNITY, STRATEGY AND ACTION Your Digital Plan will be more believable if you have SMART objectives for each part of the RACE customer lifecyle. Use summary tables to clearly link your strategies, KPIs and actions as shown in our Example Digital Marketing Plan - download u SMART objectives Activities to optimize Defined deliverables 1 Opportunity 2Strategy 3Acti on Digital marketing planning template | © Smart Insights | www.smartinsights.com 4
5.
REACH Grow your audience online GROWING
REACH Reach involves building awareness of your brand, products and services on other websites and in offline media to build traffic to different web presences like your main site, microsites or social media pages. It involves maximising reach using continuous inbound communications and planned campaigns to create multiple interactions using different paid, owned and earned media touchpoints. OPPORTUNITY Define your online audience potential Set realistic targets for building traffic, awareness and social media followers ☐☐ Define dashboards to review effectiveness of current digital media in analytics ☐☐ Review current use of digital media and opportunities to improve ☐☐ Set VQVC (volume, quality, value, cost) objectives using conversion budget models STRATEGY Select the best communications options Your online customer acquisition strategy should: ☐☐ Define key brand messages to grow audience awareness, familiarity and purchase intent ☐☐ Select relevant media and targeting ☐☐ Link to your content marketing strategy (Act) ☐☐ Prioritise channel media spend, summarized in a conversion-based media plan and budget ACTION Optimise your digital communications Work on optimising content marketing to support key digital communications for your business: ☐☐ PR, influencer outreach and SEO ☐☐ Optimize Google AdWords (paid search) ☐☐ Review opportunities from Display Advertising ☐☐ Review relevance of affiliate and partner marketing ☐☐ Social media marketing optimization 2 RECOMMENDATION INVEST IN CONTINUOUS INBOUND MARKETING Ensure you harness customer purchase intent as they seek information about products through ‘always-on’ communications to reach your audience through Search and Social media marketing fuelled by content marketing. Deliverable: Online Customer Acquisition Plan u Digital marketing planning template | © Smart Insights | www.smartinsights.com 5
6.
ACT Encourage brand interactions and
leads INCREASING INTERACTIONS Act is short for Interact. It’s a separate stage from conversion since encouraging interactions on websites and in social media to generate leads is a big challenge for online marketers. It’s about persuading site visitors or prospects to take the next step, the next Action on their journey when they reach your site or social network presence. OPPORTUNITY Identify best options to increase lead conversion ☐☐ Review customer journeys for desktop-mobile visits using analytics and feedback tools ☐☐ Review social media and mobile marketing platform engagement ☐☐ Define goals, events and dashboards for measuring customer interactions STRATEGY Prioritise content marketing and customer journeys ☐☐ Define customer personas ☐☐ Define content marketing plan ☐☐ Create website and martech improvement plan including lead profiling ACTION Manage content marketing and lead generation ☐☐ Create campaign plan, editorial calendar and outreach plan ☐☐ Create content assets including video marketing ☐☐ Improve landing pages and site page templates. Personalised onboarding. 3 RECOMMENDATION DEVELOP A CONTENT MARKETING STRATEGY A content marketing strategy will integrate your online communications to fuel lead generation and power inbound marketing to grow your reach Deliverables: Content Marketing Strategy u and Digital Channel Optimisation Plan - see guide u Digital marketing planning template | © Smart Insights | www.smartinsights.com 6
7.
CONVERT Increase sales through CRO INCREASING
CONVERSION This is the conversion from lead to sale. It involves getting your audience to take that vital next step which turns them into paying customers whether the payment is taken through online Ecommerce transactions, or offline channels. OPPORTUNITY Review focus to increase conversion to sale ☐☐ Create and review site conversion funnels and paths to purchase (online and offline) and quantify targets for incremental revenue ☐☐ Review multichannel (omni-channel) interactions to increase revenue per visit ☐☐ Review analytics and customer feedback STRATEGY Create an approach for conversion rate optimisation ☐☐ Define online conversion rate optimisation (CRO) approach ☐☐ Define how key online communications (search, email, social, mobile) drive sales ☐☐ Define offline integration paths to purchase ACTION Manage continuous improvement of conversion ☐☐ Implement CRO through test plan for AB and multivariate site tests and experiments ☐☐ Implement lead retargeting programme using site personalization, display retargeting and behavioural email programme ☐☐ Optimise ROPO behaviour (Research Online-Purchase Offline) 4 RECOMMENDATION Set up a CRO (Conversion Rate Optimisation) programme. Many businesses still don’t invest to optimise their websites to maximize online sales or referrals to other channels. Don’t leak customers. Deliverables: CRO Plan - see guide u Digital marketing planning template | © Smart Insights | www.smartinsights.com 7
8.
ENGAGE Build customer loyalty and
advocacy IMPROVING CUSTOMER ENGAGEMENT This is long-term engagement that is, developing a relationship with first-time buyers to build customer loyalty as repeat purchases using communications on your site, social presence, email and direct interaction. We’re also looking to build advocacy or recommendations through ‘word-of-mouth’. OPPORTUNITY Review potential to increase customer activity levels ☐☐ Review customer loyalty using RFM analysis for interactions and sales. Quantify incremental revenue potential ☐☐ Review customer satisfaction drivers ☐☐ Review effectiveness of customer communications STRATEGY Define plan to improve customer retention and engagement ☐☐ Create customer engagement plan ☐☐ Create online personalisation and merchandising plan for incremental revenue ☐☐ Create customer contact plan (email marketing and social media marketing) ACTION Implement online customer communications plan ☐☐ Implement or refine personalization rules on desktop and mobile sites ☐☐ Customer onboarding including event-trig- gered personalized emails and enewsletters ☐☐ Manage social media and email campaigns for customer engagement and advocacy 5 RECOMMENDATION Create a Customer Lifecycle Communications Plan Map all customer touchpoints to create a plan to use Marketing Automation to deliver personalised relevant messages by Email, Social Media and Web. Deliverable: Customer Retention Plan u Digital marketing planning template | © Smart Insights | www.smartinsights.com 8
9.
All the best
for your journey to make the most of digital marketing! Creating or refining a plan is just the beginning of the journey to making the most of digital and social media. We hope our template has helped you on your way? Please let us know any questions you may have through our customer support desk at support@smartinsights.com. Now create your plans using our Expert member templates, guides and courses The Expert member resources in the Smart Insights Digital Marketing Library include DIY templates, spreadsheets and guides for all of the activities recommended in this template. Benchmark your digital capabilities compared to your competitors We’re big fans of scoring the current digital marketing capabilities of a company, so you can show your colleagues how your digital marketing activities rate now and how they need to be improved in future. This is a core technique for arguing for additional investment in digital marketing and for reporting on progress. DIGITAL MARKETING BENCHMARK Where we recommend new Expert members start - use a detailed spreadsheet to quickly assess a business across the RACE customer lifecycle. DIGITAL STRATEGY TOOLKIT Expert members can download examples and editable templates including Powerpoint, Word and Excel templates to help build your marketing plan and explain to colleagues or clients. RACE PLANNING WORKBOOK Rapidly create a Digital Marketing Plan using our Word template for Expert members. Get detailed advice on how to complete it with our companion online course on RACE Planning. WHAT NEXT How to take your digital marketing to the next level? RECOMMENDATION EXPERT MEMBERS START HERE Review your Digital Marketing Capability and your Personal Digital Skills. See how you stack up against others with our simple 5 minute assessments. View our free Digital Healthcheck u UPGRADE TO EXPERT MEMBERSHIP! View the full Digital Marketing Library u http://bit.ly/smartlibrary VIEW TOOLKIT u http://bit.ly/smart-toolkit BENCHMARK YOUR APPROACH u http://bit.ly/smartbenchmark VIEW WORKBOOK u http://bit.ly/smartworkbook Digital marketing planning template | © Smart Insights | www.smartinsights.com 9
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