The Most Important Part Of Any Marketing PlanPaul Douglas
Before we get to the nitty gritty of creating a remote control marketing system, we need to cover some basics first. That basic is... Goals. I know, I know, if you are like me, and most people, you would rather sit in a dentist chair having a root canal while watching rejected American Idol auditions, than commit some time to planning and goal setting. I mean what can be more painful and boring? Not much. So let’s consider this step a necessary one, overcome procrastination and get it out of our way shall we. The first step: In the story of Alice in Wonderland, the Cheshire Cat tells Alice and I am paraphrasing, "If you don't know where you want to go then any road will get you there". So to begin we need to know where you want to go. But at the same time we also need to know where you are starting from. So let's get started. To find out where you are starting from we need to gather some information. Write down the following for me. • Your total sales from last year. Step Two: Now that we know where you have been, and have an idea of where you want to go, let’s figure out what needs to be done this year to reach your net profit goal. Let's put together the ratios we need for forecasting. These will be our multiplier constants. Write the answers out. • Sales constant: Last years total sales divided by last year's net profit. Step Three:
In this step, we will create our goals for this year. It will get a little exciting. • To determine this year's sales goal, just multiply your net income goal by your sales constant. Summary:
Now I am willing to bet that process was painless wasn't it. And let's look at what we accomplished. • We now know how much you want to earn as a net income this year. As we bring this article to a close, we now know where you want to go, and we know what needs to be done to get there. Congratulations. Join me for my next article where I share the only three ways to increase sales. |
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