Think about your business. Are your marketing efforts yielding the results you expected? Is your spend efficient? Has the relationship with your customers, stakeholders, vertical, etc. improved as a result of your efforts?
Many companies are using valued resources to execute tactics, hoping for short-term success. When asked to explain how these initiatives are connected to the overall directives (longer-term strategy) of the company (build competitive advantage, gain market share, leverage emerging markets, etc.), I hear crickets. Why?
I must admit that strategy isn’t easy, but it’s necessary – serving as the playbook for your organization’s brand.
IF THE MAJORITY OF YOUR MARKETING ARE MARKETING TACTICS, THEN YOUR MARKETING NEEDS MARKETING (STRATEGY)!