Marketing: Are You Top-Down or Reactionary?
When it comes to organising your marketing efforts, do you
utilise top-down or reactionary methods? Do you know the difference?
- Do you create a formal marketing plan and stick to it?
- Do you prefer to follow trends and create marketing strategies on the fly?
- Or maybe you like to do a little both?
Top-Down Marketing
Top-down marketing analyzes a company’s situation, measures
objectives, develops key strategies, and creates specific tactics to achieve
company goals. This is best done by researching trends and marrying the
findings with company objectives.
Top-down marketing requires planning and follow through. It
also requires closely tracking results and measuring success.
This type of marketing can also include offensive
strategies. It involves evaluating the competition and forming comparisons. For
example, a company using top-down marketing might identify a competitor’s
weakness and emphasize its own strengths as an answer to customers’ problems.
You might call top-down marketing “Type A.” It’s strategic,
specific, quantitative and realistic. And in certain cases, it can be
considered contrived.
Reactionary Marketing
Reactionary marketing is the opposite of the top-down
marketing. It’s the kind of plan that is formed as a reaction to trends, news
or perhaps simply how the marketer feels that day. Reactionary marketing forces
a company to stay current and be in the same places that their customers
frequent.
A reactionary marketing campaign might involve the creation
of a YouTube, Facebook or Pinterest campaign. Before you initiate a reactionary
marketing strategy, ask yourself: Does this marketing effort fit with our overall
company mission or are we simply jumping on a trend? If you can answer that
question honestly, you can decide whether the reactionary tactic is worth
following.
Reactionary marketing can also be a defensive strategy. It
might lead you to counter a claim made by your competition or create a
solutions for your market that is better than the offerings your competitors
have.
Reactionary marketing can be quite effective. It’s nimble
and current. Companies that make the best use of reactionary marketing have
already established a well-built reputation and a solid customer base. If not
executed correctly, however, reactionary marketing can feel haphazard. It can
also be the kind of strategy that compels the marketer to chase the next
“shiny” thing.
What kind should you use?
The best answer is “both!”
As you plan your marketing strategies for the rest of 2013,
make room for top-down and reactionary. Create a plan with structure, but be
willing to change if necessary or make additions when an opportunity presents
itself. The best companies demonstrate stability with a twist of spontaneity.
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