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The definition of strategy

Lesson 1 from: Brand Marketing Bootcamp: Build An Actionable Marketing Plan

Scott Lancaster

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Lesson Info

1. The definition of strategy

<b>Explore the fundamental meaning of strategy in the context of marketing.</b>

Lessons

Class Trailer
1

The definition of strategy

03:39
2

The 4 stages of marketing

03:16
3

The difference between strategy & tactics

03:46
4

The 6 laws of marketing

09:56
5

Understanding Creative & Distribution

02:16
6

The 4 marketing P’s and how to use them

05:08
7

SWOT Matrix and how to use it

02:28
8

Porter's Five Forces

04:43
9

60/40 Law of marketing

04:04
10

The marketing funnel

06:27
11

Analyzing your competitors

07:14
12

Deciding your target audience

06:59
13

Creating your marketing objectives

11:42
14

Pricing your products perfectly

08:16
15

Watch this before arranging your marketing strategy

02:21
16

Awareness, finalizing your awareness tactics

03:52
17

Partnerships and affiliates (free tactic)

09:40
18

Blog writing & SEO

07:26
19

Podcasting

07:10
20

Public Relations

05:58
21

Giveaways

07:18
22

Word of mouth

06:21
23

Valuable courses

08:09
24

Social media overview

05:28
25

YouTube

09:36
26

TikTok

03:58
27

Instagram

07:35
28

Facebook

05:32
29

Twitter / X

04:48
30

LinkedIn

05:37
31

Pinterest

04:53
32

How to create better content in half the time

07:54
33

Why start-ups should never use paid advertising for awareness

06:21
34

Education & Consideration

01:33
35

Workshops & Webinars

08:39
36

Social Proof

06:55
37

Effective Email Marketing

05:34
38

Utilizing FAQ Sections

05:31
39

Portfolio & case studies

07:39
40

Leveraging product comparisons

03:26
41

Tips to increase desirability

07:22
42

Harnessing the power of Google reviews

05:20
43

Sales & Conversion

02:28
44

Psychological tricks to convert customers to buying

08:25
45

Building a list of customers ready to buy

08:46
46

Irresistible Offer

08:31
47

Persuasive Sales Page

07:35
48

Promotions & Free shipping

04:24
49

Improving conversion rate (PIPE FRAMEWORK)

06:39
50

Customer Retention

03:43
51

Expanding your product range

07:18
52

Asking for feedback & refining your product

03:37
53

Loyalty programs and the subscription model

06:43
54

Gifts & Surprises

05:02
55

Finalizing your marketing strategy

07:40

Lesson Info

The definition of strategy

OK. So let's talk strategy. And before you ask, I have never ever used my strategic expertise to persuade my wife to do something that she does not want to do. She would absolutely kill me. Obviously, I'm just joking. She wouldn't kill me. She would just use hypothetical questions until I feel like I wish she would. Anyway, having a marketing strategy is just one of those buzzwords that seem to always linger around when you're talking about growing a business or even just in a business. But why is having a marketing strategy? Super important. Well, the reality is that having a strategy is basically like having a roadmap towards your goals and objectives. If you don't have a strategy in place, then you have no direction and no plan to get where you want to go. And having a strategy in place is not just for marketing. It's for literally every aspect of life. For example, if we're playing chess, the person with the best strategy will often win unless you're playing against someone with th...

e IQ of a goldfish, then that's a different story. So in essence, your strategy isn't your overall plan? It's essentially your direction and guide to help you work towards where you want to go and the objectives that you want to achieve within your business. So kind of think of it as your game plan for success strategy helps you to prioritize your focus and resources so that you can be more efficient and effective with how you do things within your business. Now, without a strategy, you risk wasting a ton of time, energy and money on things that don't really matter, you seem busy and you seem to be making progress. But for some reason, you don't move any closer to the objective that you are wanting to achieve. Now, another great thing about strategy is it helps you to adapt. So in the ever changing world that we are living in there is always the chance of change and we need to be able to adapt to that change if we want our business to move forward in any given environment. So no matter what unexpected changes happen, we can always be ready to adapt and take advantage of the new opportunities that arise. And lastly, strategy helps to provide a certain level of purpose and perspective to the person who actually implements the strategy. You see a clear strategy, helps everybody within the organization to see the bigger picture far clearer. And this not only helps you and everyone in your organization steer very much aligned in regards to everything whilst building your brand, but it also helps you to get back on track if you ever lose your way. So as someone who wants to learn how to build an effective marketing strategy, you first need to understand that the purpose of having a marketing strategy is to make things a hell of a lot easier for you over the long term to keep everyone aligned within an organization and to also clearly define your objectives and have a planned route to achieve them effectively. Now, if you've already completed the brand strategy, fears of our brand building program, then you'll know how important it is to be able to communicate effectively as your brand. But if you haven't taken that course yet, then do not worry. By the end of this course, you're going to understand marketing to a certain level higher than 99.9 per cent of people on the entire planet. And not only that, but you'll also have an actionable marketing strategy that you can use in the real world is going to help to drive Wales and grow your business. This strategy is going to help you to move towards your objectives and achieve your business goals. And this is also going to give you a better return on any money or any time that you spend on marketing efforts in future, which actually reminds me, I should probably ask my wife what type of pizza she wants to order tonight, although she doesn't like pizza, but who doesn't like Peter Peppa. I'll see you in the next lesson.

Class Materials

Bonus Materials

Brand_Guidelines_Template_(Powerpoint)_(Brand_Builder_Pro).pptx

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