article thumbnail

How to conduct an effective competitive analysis in 7 steps

Tomorrow People

Competing within an existing market is not always easy. After all, it would be far too time-consuming and costly to compare all your marketing activities against every possible competitor at once. If you’re working for a new startup, the obvious picks for competitive benchmarking are the industry ‘winners’.

Analysis 156
article thumbnail

The Plain English Guide to Writing a Business Case

Hubspot

Whether you want to start a company, pitch a new product, or perhaps you just want your business to use a new project management tool. To develop a business case, you'll need to write several key components, including a proposal, strategy, budget, SWOT analysis, and project plan. Market Assessment. Let's dive in below.

SWOT 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Build a Market Development Strategy [Free Planning Templates]

Hubspot

Is there an opportunity to increase market penetration? However, one of the often overlooked ways to strengthen your gross sales is a purposeful, well-researched, and expertly executed market development strategy. What is market development? How to Create a Market Development Strategy.

Planning 101
article thumbnail

A Primer on Sales Competitive Battle Cards

The Effective Marketer

Competitive Battle Cards (BTW I’ve seen them spelled together, battlecards, and separate – battle cards) are a staple of product marketing. So for the purposes of this post I will focus on the marketer or product marketer that has been tasked with coming up with a competitive analysis to help sales. Presentation.

article thumbnail

5 skills you need to get promoted in 2020

Sprout Social

We’re also offering our social marketing career growth template if you would like to deploy some of the tactics we will discuss in your own life. Paul and Skylar broke down the foundational work you need to do to get a promotion in 2020 into two categories: Connect: Don’t make assumptions. Going for a promotion is a big undertaking.

Promotion 107
article thumbnail

What you need to know before creating a social media RFP (template included)

Sprout Social

These questionnaires set the foundation for successful agency or vendor partnerships. You’ll be sifting through proposals in no time. A social media request for proposal (RFP) is a formal questionnaire used to gather proposals for service or software needs. Thankfully, you don’t need to start from scratch.

RFP 96
article thumbnail

How to Create a Marketing Communication Plan that Attracts Clients

Webbiquity

A marketing communication plan is an essential document for bringing in new clients and to communicate strategy to your in-house marketing team. Here’s an eight-step guide for creating a marketing communication plan that will align your internal agency marketing team and help you attract more clients.

Planning 239