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Every small business needs at least two types of formal, written plans: a business plan to establish the overall structure and road map for your operation and a marketing plan to determine the best way to position your enterprise and its products/services to customers. If you’re a small business owner and want to create a marketing plan, start by conducting research, analyzing your target market, available marketing/advertising methods, and your goals for the business. With that research, you can answer critical questions, which will help you achieve success.
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Reinforcing a Brand with Advertising
John Nesheim, author of High Tech Start Up and a lecturer of entrepreneurship at Cornell University, explains that advertising reinforces a brand but doesn't build it.
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Sales and Marketing: The Keystone to Success
Jeff Parker, an entrepreneur with extensive experience in the financial services sector, discusses why sales and marketing are the keystone to success.
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Hole in One: The Ups and Downs of Sports Marketing
John Bello, cofounder and chief executive officer of South Beach Beverage Company, talks about the ups and downs of sports marketing.
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In a Slow Economy: Remember to Boost Marketing
When customers are buying less from you and sales are down, you might want to ditch your marketing person, throw out your PR consultant, and reduce sales expenses. Don't.
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