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If you’re ready to launch a business or make some major changes to your current business, how do you approach the marketing plan as a whole?
In this episode of Marketing D-Koded, Daniel and Jackie discuss the essential steps for business owners who are just starting out or making significant changes in their enterprises and want to master their marketing plans. They focus specifically on the marketing aspect of launching a new business, emphasizing the importance of having a rough business idea, setting a realistic budget, and creating a detailed marketing plan. They also talk about being adaptable and nimble in the face of market changes and business challenges.
They also outline four critical elements for new business owners: having a solid but flexible business idea, creating a budget, planning marketing strategies, and maintaining adaptability. They share real-world examples and personal experiences of some of their clients and offer practical advice on logos, websites, and the need for a solid online presence. Learn the foundational knowledge you need to start marketing a new business effectively.
Key Topics Discussed:
- The importance of having a solid business idea
- Passion as a key driver for long-term business success
- Imagining and planning for your business’s end goal
- Creating a realistic budget based on research and resources
- The necessity of consistent branding in logos and websites
- The critical role of a website as an online business card
- Using social media and digital business cards for marketing
- Strategizing budget allocation for effective marketing
- Conducting market research to refine marketing efforts
- The importance of being nimble and open to change
- Staying aware and responsive to market conditions
- Balancing vulnerability with confidence in business
- Building a support network for brainstorming and advice