Business Fit Magazine January 2020 Issue 2 | Page 18

Business Award-winning serial entrepreneur, international speaker, philanthropist and author, Jacqueline Camacho-Ruiz, explains to our readers five different types of marketing to help us make informed decisions about the best ones to allocate our time, money and resources. After 11 years as head of JJR Marketing, a Chicagoland marketing firm serving start-ups to Fortune 500s, I still delight in helping companies find the “right recipe” for their marketing. Like a chef experienced with different ingredients, I’ve found that not all marketing is the same, or designed for the same results. For some businesses, preparation of their marketing is the challenge while for others, it’s how to serve it up, or even, how to invite others to share in the bounty. Types of Marketing for Your Marketing Strategy All marketing is not created equal, nor is it meant to be. So in our relentless commitment to elevating companies and their marketing savvy, I’ve developed a brand new way of understanding the many different types of marketing that can help businesses gain a greater awareness of their efforts and more confident understanding of how to best allocate their time, money and resources. We’ve coined this new perspective the “Five Types of Marketing” and by understanding what each of them do, you can work them into your marketing strategy and set realistic goals for success. In a way, the “Five Types” are like ingredients that you expertly add to your marketing plan to create the perfect, delicious result. All marketing is not created equal 1: Foundational Marketing Foundational marketing refers to the key elements needed to create the baseline of a marketing campaign. Almost every client needs at least some forms of foundational marketing to implement their plan. Newer businesses and start-ups must prioritise their foundational pieces before other efforts can succeed. While these marketing activities will probably not make the phone ring immediately, they are important stepping-stones to every other marketing initiative you take. • • • • • • A marketing calendar which outlines the entire campaign, complete with launch dates and deadlines A website/landing page so that a URL may be referenced in successive marketing efforts Logos or other graphic representation of client entities Social media pages where successive marketing efforts may be shared Printed brochures or materials that serve as connections for face to face meetings Collateral such as business cards, letterhead, etc. 2: Executional Marketing Executional marketing is designed to provide regular communication with the captive and prospective audiences, so they ultimately begin to anticipate it. Any effort which keeps the client connected to their audience can be considered executional marketing. This is a very effective type of marketing because it continues to build an ongoing relationship with past and/or present customers. Out of the blue, you may hear from a past client who just received something from you. Examples of executional marketing items include: • • • • • • Ongoing social media posts Targeted Eblasts about company news or timely offers Monthly or quarterly newsletters PPC, Adroll or Google Adword campaigns SEO landing pages Downloadable content 3: Time-Bound Marketing Time-bound marketing is, as it sounds, something that must be initiated and consumed within a particular window of time to be effective. Companies usually seek marketing help of 18 19