One of the biggest temptations when creating a strategy is to assume that it’s complete the moment you implement it. Your team can then focus on the actual execution of the components of the strategy along with maintaining its operations, right? Wrong. For business, it’s hard to imagine the circumstances where this would ever be a good idea. The demands of your customers, innovations of your competition and just the role of dumb luck will force you to modify your strategy in real time. Given that a typical business strategy can have many component parts, you’ll need to choose your battles in order to be successful in strategic modification. In this article we’ll go over some primary areas where you want to spend your focus.
All businesses depend on their clients and customers for their revenue and profits, and your strategy must account for their needs. Given the connectivity of your businesses, random events that impact them will always affect you, so it is essential that your strategy has a built-in client industry awareness so you can anticipate potential effects. It’s also important not to grow too attached to any particular aspect of your strategy because it may be rendered obsolete from a particular request or refusal from your client.
You can’t go wrong by focusing more on the content of your online marketing. From a strategic blueprint standpoint, content is the equivalent of the bricks to your building. You can use all the special affects you want to draw people in, but if you don’t have relevant content they’re going to wonder what the big deal was and leave disappointed. The keyword here is relevant: understanding changes in the industry will keep you ahead of the game and allow you to delight your customers with killer content.
Good communication, both internal and external, seems to be that elusive goal for all businesses to achieve, and for your online marketing strategy this couldn’t be more essential. Whenever there is a change to your strategy, all relevant parties should be made aware. Clients will need to know if there will be changes to their service levels. Employees will need to know if they’re doing the right work. Being able to trust your own company, vendors and contractors to execute when required will allow you to communicate with your clients with confidence, particularly when another strategic modification is required.
Understanding strategy is more than drawing up a plan and seeing if it will work – good strategy requires dedication and expertise. Sun Sign Designs knows all about that, as we make strategy the key to the services we provide to our own clients. Reach out to us today to learn more!