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Although our team has some amazing skills, we are not fortune tellers and cannot predict the future. However, we can reasonably assert that moving on from the pandemic, the switch to Google Analytics 4, and the influx of artificial intelligence, things have shifted worldwide. These changes will impact how you plan, prepare, and execute your business strategy for 2024.
So, with just a few short months to prepare for the coming year ahead, you must move forward with a proactive frame of mind so that when the doors to a new year open, you are prepared to move forward positively, enthusiastically, and confidently, never allowing the exciting momentum towards growth and profitability wane.
Now is the time to conduct a survey of what consumers want. This is a great way to understand their immediate and long-term needs better and determine how your business fits within those parameters. It will also give you an insider’s look at how the public perceives you and your brand. Lastly, it allows you to adjust and make room for improvement. And happy clients are the best clients.
Plus, it’s a great time to review your target audiences and whether your buyer personas have shifted in the last year. As markets shift, so do your clients. Don’t fall into the trap of marketing to the wrong audience.
Review your marketing plan
Look at all marketing campaigns and initiatives you implemented in the past year. Did they deliver as expected or fall short of the mark? In areas where you did encounter success, what factors contributed, and how can you benefit from those into 2024? Whatever data, information, and other insights you can acquire from looking at the pros and cons of your past marketing measures can be applied to build a bigger and more confident strategy for the coming year. Remember, analyzing and learning from the downsides are just as important as celebrating the victories!
What if you don’t have a marketing plan? Now is the time to make one for 2024. Why? Because you can’t measure your success when you don’t have goals in place. The most successful businesses have strategic goals and plans for the upcoming year – and you should too.
Boost your social media
Social media can be tricky for many professionals, mainly because they lack the time to attend to this much-needed marketing method. However, for consumers to find you online, you have to update and optimize all social channels you maintain. If these have lost some traction, now is the perfect time to bring them up to speed and fully maximize social media’s potential for increased growth of your business.
Study current market trends
Determine what worked last year and into this year for other companies within your industry. Each year, adjustments are made, and more will undoubtedly come. However, once you have a better understanding of how other companies within your professional realm have achieved success and additional growth, especially during these turbulent times, you can then acquire a better understanding of where you should place your focus in terms of strategic planning and marketing measures for the coming year.
Start a company podcast
You’re probably sweating already just thinking about this, right? But it’s actually a pretty strategic move. According to Forbes.com, “Quill’s research shows that branded podcasts offer high levels of return potential. They have been shown to bump up brand visibility by 89%. Maybe even more importantly, podcasts increase buying intent by 14%.”
Podcasting may not have ever been on your radar. Nevertheless, it might be time to consider adding this engaging idea to your marketing plan. Besides, you might have an eager staff member willing to take the lead on this one!
Automate the menial tasks
If you want to free some time for your employees to take on more meaningful tasks, consider automating the repetitive jobs. Artificial intelligence has exploded this year, introducing a new world for automating tasks. From chatbots for customer service to time tracking to marketing automation, you can save time and money and avoid errors when you use automation.
Focus on efficiency
Reorganize your team with efficiency at the top of mind. This could involve switching responsibilities between staff members. When done right, it can potentially lead to increased productivity and, in the end, a greater ROI.
Measure and track progress
There is no reason to waste precious time and money on marketing campaigns and sales tactics that don’t yield the desired results. By monitoring and analyzing the results, small businesses can adjust their tactics to convert more clients in less time and effort. Plus, artificial intelligence can play a role in outlining a clearer buyer persona, personalizing your ads, and optimizing your content for your audience.
Allow your staff to take ownership of their work and improve efficiency, creativity, results, and employee retention. Provide any beneficial training and resources to help them be more successful. And give them the authority to make decisions and solve problems independently.
The bottom line
These tips for your marketing plan merely scratch the surface of what you can do to jump-start your business for the coming year. However, they are effective and can lead to other ideas that have the potential to have a significant and positive impact on your bottom line in 2024.
To attract more qualified and meaningful engagements, you can create these through multichannel solutions tailored by our team of experts. We understand your journey and are experts in consumer engagement. If you want strategies that win business for your company, look no further. We will pre-qualify for you and connect with prospects where they are now! Discover how to get started here!