The needs of every associate differ based on so many factors such as firm size, years of practice, geographical region, and resources available. Any organization, regardless of its size or nature, should be clear about its goals and objectives. Even a simple personal sales and marketing plan can help businesses determine what to focus on and where to spend their time and money.
Drafting Your Sales and Marketing Plan
When you draft your sales and marketing plan, know that it cannot be a “universal” plan. You must keep your ultimate goal in mind, which is to succeed. At the same time, please don’t overdo it by pushing yourself too far in a short period.
Remember, you are in for a marathon, not just a sprint. Having planned your activities, take a calendar and lock in important dates and deadlines. All resources, including executives, associates, and admins, should work together to create an effective personal sales and marketing plan.
Setting Goals: The SMART
Your sales and marketing plan does not need to be formally documented, but it should be well defined and communicable. It should identify goals so that it can convey your business objective to every member of your team.
When planning, formal or informal, choosing a SMART goal is a way to go. SMART is a widely used concept in management and planning. SMART goals are acronyms for Specific, Measurable, Attainable, Realistic, and Timely. Many marketing experts use an additional ‘T’ to add tangible to the equation.
Identifying Your Prospects
It can be quite challenging to identify where to start and who to target. To begin, when making your sales and marketing plan, you need to analyze your existing contacts or customer lists. To some extent, the effectiveness of your marketing and sales efforts is based on a good contact list.
Your contact list should include people you have known, met, or plan to meet. Everyone can be a prospect, from an existing client to a referral source. It would be best if you aimed to get as much information as possible. It is good to include how you know the contact, i.e., where you met the connection, mainly when you were introduced to another source.
It is advisable to categorize your contacts as referral sources, clients, or prospects. If you invest your time in maintaining a well-organized contact list, it will save your time, effort, and energy in the future.
The next step in preparing a personal sales and marketing plan is to use your contact list to identify prospects. Determine who directly or indirectly influences organizations and people who may need the services you offer. To be successful in making a plan that assists in business development, proper prioritization is necessary.
Measurements of Success
Several metrics can help you keep track of your progress. These metrics vary from firm to firm, but the general purpose of any marketing plan is to maximize your outreach. Generally, you will have to keep an eye on your conversion rate, the number of qualified leads, referral rates, etc.
These metrics plan more tangible and allow you to identify your areas of weakness, if any. The best strategy is to review your plan every six months and make changes as needed. Planning is your first step towards success. Your sales and marketing plan can play a key role in building your credibility and clientele. Remember, the plan should serve as a guideline.
Keep it simple, straightforward, and focus on the substance rather than form. With the right plan, you will be able to identify and capture opportunities as they arise.About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.