08

Summary

Well done!

Now that you have went through the lessons you will have a better insight into your business and moving forward you will have a clear plan on what you can do to grow your business and success.

To summarise the lessons we have covered

We did a SWOT ANALYSIS

Gaining a better understanding of our business by understanding our strengths and weaknesses and also being able to identify possible opportunities and threats.

We carried out AUDIENCE RESEARCH

We have looked at our audience, our existing and potential customers and identified who our ideal customer is. This makes it easier to know what activities we need to do to target them and how we can serve them better.

We RESEARCHED OUR MARKET

Separately from our audience we looked at the market as a whole, and what factors could impact on our sales and growth.

We looked at OUR OFFERING

We then took a closer look at our product or service so we can see if what we offer is serving our ideal customer and if not, how we can improve it.

We SET SOME GOALS

Giving us something fantastic to work towards was our next step, so we set our goals and broke them down to make sure we can track our progress and achievements.

We know WHAT CHANNELS to use

Since we know where our ideal customers will be, we looked at how best to reach them and decided on some activities that will help us do that.

We SET A BUDGET

Knowing what we want to do, we looked at the costings involved and set our budget for being able to carry out our marketing activity.

What next?

Now that we have all the information we need, its time to put it into a document that we can periodically refer back to. You can download the template here.

It is recommended that you regularly review your plan to check that you are still on track and do an annual review of the whole process!

See you next year!

Well done!