Here's How to Plan Your Digital-Marketing Strategy and Set Budget PrioritiesThe new way of buying and selling is here to stay. Don't get left behind.

ByAndrew Walker

Opinions expressed by Entrepreneur contributors are their own.

pixdeluxe | Getty Images

Over the past year, businesses have been repeatedly forced to pivot in reaction to market dynamics, and those who couldn't were hit hardest of all. My company's entire business revolves around digital marketing, and not even we could have predicted how important it would be heading into 2021. But it is clearly here to stay, and needs to continue being a top priority for businesses that want to compete — no matter the industry.

But where to begin? Digital marketing is a huge umbrella and can represent so many different things to different people. Where should you prioritize your dollars in the coming months? Here is where to start for smart spending.

Get your house in order

You can spend all of your money on the hottest, latest tactics, but it won't mean anything if your foundation isn't solid. What does this mean in marketing? Take a look at your teams and processes. Successful marketing is as much about the actions taken as it is the people taking the actions; having the right talent steering your ship is beyond essential.

This means both internally and externally. Your internal marketing team has to be up to the task, as do any agencies, vendors and technologies with which you work. It might mean you need to allocate budget for more, or even more specialized, hires. But without them, you're building a house of cards. Make no mistake: This can be a big lift, but it's crucial to spend money on the right talent now to reap the benefits of success later.

Related:4 Digital Marketing Lessons To Scale Your Brand in 2021

Get automated

Once you have your team and processes in place, make sure time is being used efficiently by leaning into as much marketing automation as you can.

自动化是一个生产力的重要组成部分n assembly line, and that idea is as beneficial for marketing as it is for manufacturing. Marketing automation can support a number of marketing functions, especially outbound prospecting and brand awareness. It allows your team to spend less time on manual processes that can slow them down and spend more time on advancing your business in a strategic, thoughtful way. It saves time, it saves money, and it gives you a more complete picture of what's working and what's not. It also helps your sales team out by strengthening the lead generation to routing process.

Get the content right

If there was a marketing buzzword of the 2010s, it was "content." Content marketing became something everyone was after, and it took many forms: company blogs, social media feeds, rich imagery/video content and authored articles et al. And while we may be into the next decade, content marketing is only becoming more important.

消费者的方式,和你的客户,interact with brands has shifted dramatically over the last 10 years. Things like video content are no longer nice-to-haves but must-haves. Your brand's story needs to be told through a variety of rich digital content if you're going to thrive, and oftentimes that means a significant investment in this arena. Develop a broad range of content in multiple forms (written, audio, video) that best represents your business in a way your customers want to consume. How do you know what your customers want to consume? This brings us to our final point....

Get personal

Personalization is a never-ending thing to improve upon. As it relates to building a better relationship with your customers online, there can never be too much. The more personalized the experience you make for each of your customers, the more likely they are to have a great experience and stick with you.

Related:What You Should Know When Mapping Your 2021 Marketing Strategy

If you're going to get personal with your customers, you need to know your customers, and knowing your customers starts with having a comprehensive dataset to tell you everything you could need to know about them. Do you have a solid CRM solution in place that helps paint a comprehensive picture? Do you have the right data to help make informed decisions about personalization? Spend the time and resources to know your ideal customer profile. Survey data, market research data, sales data; all of these data points can help in painting the full, precise picture of your customer that you need to truly personalize their experience.


Wavy Line
Andrew Walker

Entrepreneur Leadership Network Writer

CEO of Shift7 Digital

Andrew Walker, Shift7 Digital CEO, pairs expertise in experiential design and marketing technology with extensive experience in digital communications specializing in manufacturing. He implements B2B companies’ digital transformation needs so they can connect with their customers on a deeper level.

Related Topics

Innovation

6 Ways Small Business Owners Can Get Their Employees to Use AI

Smaller-scale enterprises will always struggle to gain a strategic edge against resource-rich conglomerates, but AI offers a new landscape, and there are proven ways to fuel employees' ability to embrace and maximize it.

Business News

Former Disney Actress Says She Makes 10 Times More Money Doing Porn: 'I Am Having So Much More Fun.'

Boy Meets World star Maitland Ward says adult films have liberated her from Hollywood and earned her a lot of money.

Business Solutions

Make ChatGPT Work For You With This Course Bundle, Now Only $29.99

Save $22 on this comprehensive education in ChatGPT.

Devices

Avoid Roaming Costs for Life With This eSIM You Can Use in More Than 120 Countries

For only $22, you can get a lifetime eSIM and a $50 credit for data plans around the world.

Legal

6 Common Pitfalls Small Business Owners Must Avoid When Selling Their Business

Entrepreneurs looking to sell their business face a myriad of pitfalls. This informal guide helps navigate these challenges and examines the double-edged sword of post-transition employment and non-compete agreements.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.