5 Basic Elements of Targeted Marketing

tragetThere are many styles of marketing, but only one that truly works in all applications. That one style is known as Targeted Marketing. Targeted Marketing uses information and planning to reach the right people at the right time. Below are the five basic elements to effectively and efficiently utilize this style of marketing.

1. Know Your Audience: Just like you know your products or services, you likely know who will benefit from them the most and why. What problem does your particular product solve? Are there any other problems that that same product solves? Who has these problems? Bingo, you have found your target. Now you must learn about your target market. What are there habits? Where do they shop? What media sources do they use frequently? Why do they hang out? What do they like and dislike? Knowing your audience in this way will help you to focus your marketing efforts toward them in an efficient manner. If you were trying to reach an 80 year old man you wouldn’t post an ad in Vogue would you?

2. Optimize Your Efforts: For every company this element will vary slightly, but the general emphasis here is to make sure the tools and information you have available to your clients are working for you. If you have a website, make sure the content is updated on a regular basis, the metadata is accurate and accessible including keywords and a site map. The same goes for brochures and other informational leaflets. The information needs to be accurate and honest and the appearance needs to be clean. No one likes looking at something that hurts the eyes. If there are too many bells and whistles or too many vibrant colors you are going to lose your audience. Simple is usually best!

3. Be The expert: Develop the ‘Know, Like, Trust’ effect by becoming an expert in your market. Write articles, have free information available, be honest and upfront. If you have the opportunity to share something that you know and enrich someone else’s business/life they will become a source of referrals down the road.

4. Plan Your Attack Strategy: Whit the information you now have you should be able to formulate your marketing plans. Know what you are willing to spend and where you want to spend that money. Figure out if your going to use mail marketing vs. email marketing and know where you are going to get your mailing lists from. (It is always best to use a source you can trust) Know what keywords are best for finding your information online. Figure out where you need to be so that your customers will find you instead of you having to hunt for them.

5. Befriend the media: The media is a huge source of referrals and are more than happy to learn about new inventions, new techniques, new anything. Use the media to your advantage by sharing information. Think of this as an extension of both elements 3 and 4. You are more of an expert in the public mind if the media mentions you or your business. Press releases, on air spots, and other media events should be a part of your attack strategy.

These five elements take planning and effort to be successful. Just as you wouldn’t leave the house without your keys, you don’t want to start your marketing with only one element in place. Figuring out who your marketing needs to reach, where to find them and how best to reach them makes a huge difference in any marketing plan.

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