Tips for Creating a Powerful Marketing Strategy for 2025
Risa Hoag - Marketing Consultant
Marketing Consultant | Public Relations Consultant | Advertising Agency | Public Speaker | ??
Okay, it's time for those New Year's resolutions! Not the ones about losing weight and getting healthier, but the ones about building your business.
Building a strong marketing strategy for 2025 requires a blend of traditional and digital tactics, creative storytelling, and data-driven decision-making. To remain competitive and reach your target audience effectively, it’s crucial to incorporate elements of public relations, social media, and print and online marketing into a cohesive plan. But before you begin planning, think about your budget. I am asked all the time, "How much should we spend on marketing?" While there are some guidelines available through the SBA and various surveys that show anywhere from 1.5% - 24% or revenue being spent on marketing, there aren't any 'hard and fast' rules. But this article breaks down a lot of the ways to look at your budgeting. Here's a quick excerpt:
In the past, the Small Business Administration of the United States has suggested, “small businesses with revenues less than $5 million should allocate 7-8 percent of their revenues to marketing.”
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Based on my decades of experience, I recommend companies plan to spend at least 5% of their gross revenues. However, it is generally recommended that new businesses spend between 25% and 35% of their total first-year budget on marketing, established and growing businesses 12% - 18%, and well-established businesses between 3 - 5%.
Also consider the level of competition you have, is there a new competitor breathing down your neck, or are you ramping up to launch a new product or service?
Also remember to include all the things that go into your marketing budget: advertising is the easy one to consider, but what about the cost of joining networking and business development organizations? Supporting non-profits by sponsoring an event can be an excellent marketing opportunity. Do you need a new website this year? There are many 'hidden' marketing opportunities and costs that you should consider and include in your marketing budget.
Obviously, the more you spend wisely on marketing, the greater investment you will be making in your business growth. So think long and hard about this gross number and then divide it by 12 to get your monthly spend. There may be months you spend more especially if your business is seasonal, but dividing it by 12 will give you a good basis from which to plan out your marketing for the year.
It is important to remember that your budget may not allow you to implement all of these strategies, in addition, you may find greater success with one vehicle over another and decide to invest heavily in one area. Tracking and understanding ROI is critical to adjusting your budget over time and planning next steps.
Conduct a quarterly review with your marketing advisor, accountant, and your team to evaluate results and make changes if necessary for the following quarter. Lastly, don't forget that marketing efforts can take time to show results. So don't jump to abandon one effort too quickly without giving it a fair shot. It takes time to build a brand, establish a reputation, and grow your business. I believe the most important element of any marketing plan is consistency over time.
Below are additional tips for marketing your business.
1. Define Your Goals and Target Audience
Before diving into tactics, clarify what you want to achieve. Are you focused on increasing brand awareness, driving sales, or improving customer loyalty? Your goals will shape your strategy and determine which channels to prioritize. Don't forget to be specific when setting your goals. If you want to 'increase sales,' set a goal of increasing them by 10% or 20%. That way you can quantify your success as you go through the year. If your goal is customer loyalty and repeat sales, how will you determine that?
Next, identify your target audience. I know this sounds basic, but I so often hear, "I want everyone to buy my product." While that may be true, it's not realistic. You likely have an ideal customer, for example: moms of toddlers, CEOs of family-owned businesses, homeowners with income levels of $150,000 or more, etc. Developing a detailed buyer persona (and yes you can identify a few) that outlines demographics, interests, and behaviors will help you fine-tune your messaging and identify the most effective platforms to reach them. You would be amazed at how many business owners skip this important step!
2. Public Relations: Building Trust and Visibility
Public relations is a cornerstone of any successful marketing strategy. I am not just saying this because it is 50% of our business (advertising support makes up the other 50%) but because it is true. People still want to read authentic stories that resonate with their core values and relate to their lives ultimately connecting them with brands. Here’s how to leverage PR effectively:
Another great way to garner media attention is to host a survey. Set up a Google form and have people respond to the survey and then release the survey results to the media along with your commentary. The media loves stats and trend information!
Keep in mind that PR can sometimes be a long game. Our recent story for American Christmas that aired on the Today Show in early December took three years to obtain! However, it aired twice, including on Christmas Day, in hundreds of markets nationwide. While it can take a long time to get a national story done with the biggest media, local and regional media can have shorter turn around times, but again, patience is the key when looking for big feature stories, that's why it is important to release information on a regular basis so that you are not only increasing your odds of getting placements, you are demonstrating your expertise to the media. A strong PR campaign will enhance your brand’s reputation, generate earned media, and amplify your other marketing efforts.
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3. Social Media: Engage and Grow Your Audience
Social media remains one of the most effective tools for reaching and engaging your audience. We utilize social media for our clients by crafting and implementing social media content calendars as well as by advertising to their target markets. This combination is critical in establishing your brand and underscoring your expertise and offerings in a consistent manner. In 2025, focus on creating meaningful connections through these tactics:
4. Print and Online Marketing: Balancing Tradition and Innovation
While digital marketing often dominates the conversation, print and online marketing still play a vital role in a multi-channel strategy. Here’s how to integrate both effectively:
Print Marketing
Online Marketing
Another SEO opportunity that people often don't consider is having backlinks from other sites. Very often that is accomplished through PR. When your press releases or articles are published on line and include a link back to your website, you are increasing your SEO. The higher the ranking of the site that is providing the backlink, the better it is for Google's algorithm. So PR goes a long way over time to increasing your site's visibility with search engines.
By combining print and online efforts, you can reach a broader audience and create a consistent brand presence across multiple channels.
5. Measure Success and Refine Your Strategy
No marketing strategy is complete without a system for measuring results. Use analytics tools to track key performance indicators (KPIs) such as website traffic, social media engagement, PR coverage, and conversion rates. You can also just ask people how they heard of you and keep a record that you review throughout the year. Be sure to schedule regular reviews of your website and marketing performance and then make data-driven adjustments to improve outcomes.
6. Stay Agile and Embrace Trends
It's no secret that the marketing landscape changes quickly! In 2025, trends such as AI-driven personalization, short-form video content, and immersive experiences like AR/VR are gaining traction. Stay informed about emerging tools and tactics and be willing to adapt your strategy to stay ahead of the competition and maximize your marketing efforts.
Building a marketing strategy for 2025 requires a thoughtful mix of public relations, social media, and print and online marketing efforts. By defining clear goals, understanding your audience, and maintaining flexibility, you can create a strategy that drives growth, engagement, and long-term success.
Comment or ask your questions below!
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2 个月Risa, Very informative article on marketing and public relations! Thank you for sharing! Wishing you a Happy New Year! Cheers! Peter
Marketing Consultant | Public Relations Consultant | Advertising Agency | Public Speaker | ??
2 个月Don't forget that Google reviews are a great source of marketing as well! Don't be afraid to ask your clients to write Google reviews for you.