{"id":107157,"date":"2022-11-22T13:59:34","date_gmt":"2022-11-22T13:59:34","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/developing-an-outcome-oriented-strategic-plan\/"},"modified":"2022-11-22T13:59:34","modified_gmt":"2022-11-22T13:59:34","slug":"developing-an-outcome-oriented-strategic-plan","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/developing-an-outcome-oriented-strategic-plan\/","title":{"rendered":"Developing an outcome-oriented strategic plan"},"content":{"rendered":"<div>\n<p>\u00a0For this assignment, you will be designing a digital campaign with an international focus.\u00a0 You should consider the communication and cultural aspects we have covered in the course.\u00a0 Preferably, choose a small company as opposed to an already multi-national one.\u00a0<\/p>\n<p>To transform our business into a more cohesive setting, it\u2019s good to back to the beginning and ask three essential questions:<\/p>\n<p><strong>\u00a0 Who We Are?\u00a0<\/strong><\/p>\n<p><strong>Where We Are Going?<\/strong><\/p>\n<p><strong>How Will We Get There?<\/strong><\/p>\n<h3>The Template<\/h3>\n<p><strong>Cover Page\u00a0<\/strong><\/p>\n<ul>\n<li>Title &#8211; be fun and unique<\/li>\n<li>Your name(s)<\/li>\n<li>Related Images (logo, brand, etc.)<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<h3>Section 1 &#8211; Who Are We?<\/h3>\n<p><strong>Company Intro<\/strong><\/p>\n<p>Introducing the company and its purpose helps you determine the right direction to go.<\/p>\n<ul>\n<li>What is the company you\u2019ll be highlighting (Name\/URL\/Industry)?<\/li>\n<li>What is the product line-up?<\/li>\n<li>How do others describe the brand?<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong>Situational Analysis<\/strong><\/p>\n<p>As you begin to understand more about your company\u2019s identity and purpose, you will want to begin comparing it with your competitive landscape to understand what opportunities are available\/needed.<\/p>\n<ul>\n<li>What&#8217;s happening in the industry?<\/li>\n<li>What&#8217;s happening in the macro\/micro environments?<\/li>\n<li>What are Strengths\/Weaknesses\/Opportunities\/Threats (SWOT)?<\/li>\n<li>Who is the target audience and what communication channels do they use?<\/li>\n<li>What is the main goal\/outcome of this campaign? (based upon situational analysis)<\/li>\n<\/ul>\n<p><strong>Marketing Mix<\/strong><\/p>\n<ul>\n<li>What is the desired ROI?<\/li>\n<li>What is your breakeven point?<\/li>\n<li>How will we promote it &#8211; what channels?<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<h3>Section 3 &#8211; How Will We Get There?<\/h3>\n<p><strong>Strategy<\/strong><\/p>\n<p>This section is designed to set up the tactics for accomplishing and evaluating your desired goals and KPIs.<\/p>\n<p><strong>KPIs\u00a0\u00a0\u00a0<\/strong><\/p>\n<p>Based on the previous steps, you can begin to determine a specific objective and key performance indicator (% increase\/decrease) for your goal.\u00a0\u00a0\u00a0<\/p>\n<ul>\n<li>What two objectives will you need to accomplish?\u00a0 These can be tactical or strategic.<\/li>\n<li>What key performance indicators (KPI) will you need for benchmarking your success of each objective?\u00a0<\/li>\n<li>What measurable outcomes do you need?<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<ul>\n<li>What are the progress outcomes throughout the time period for your KPIs?\u00a0<\/li>\n<\/ul>\n<p><strong>Budget<\/strong><\/p>\n<p>Describe or list any anticipated marketing budget items involved in completing the desired outcomes and determine a projected ROI based on the goal.<\/p>\n<ol>\n<li>Discuss the following as applicable: LTV, ROI, Ad Spend<\/li>\n<\/ol>\n<p><strong>Metrics<\/strong><\/p>\n<ol>\n<li>Based on your goal, what metrics do you anticipate needing to monitor?\u00a0 (leads, likes\/shares, Loyalty, etc)<\/li>\n<li>How will you track?\u00a0 Excel, Google Analytics, Ads, Pixel, Tableau, etc<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0For this assignment, you will be designing a digital campaign with an international focus.\u00a0 You should consider the communication and cultural aspects we have covered in the course.\u00a0 Preferably, choose a small company as opposed to an already multi-national one.\u00a0 To transform our business into a more cohesive setting, it\u2019s good to back to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-107157","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/107157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=107157"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/107157\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=107157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=107157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=107157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}