What is an Advertising Strategy Plan?
An advertising strategy plan outlines a company’s approach to marketing and advertising. It outlines the goals and objectives of the company, the strategies and tactics used to reach them, and the necessary resources and budget needed to implement the plan. It also serves as a guide to help the company track progress and to ensure that the marketing and advertising efforts are aligned with the company’s overall objectives.
What's included in this Advertising Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Advertising Strategy Plan template for?
The Advertising Strategy Plan template is for marketing and advertising teams in all industries. It provides a comprehensive structure to develop a plan to reach their target audience and increase brand awareness. The template includes sections to define focus areas, set measurable targets (KPIs), create related projects to achieve the KPIs, and review overall progress.
1. Define clear examples of your focus areas
A focus area is a broad area that you would like to target with your advertising strategy. Examples of focus areas can include increasing brand awareness, increasing brand loyalty, or increasing website traffic. It is important to define clear focus areas in order to create objectives that are in line with overall business goals.
2. Think about the objectives that could fall under that focus area
Objectives are specific goals that you would like to achieve for each focus area. These objectives should be SMART (specific, measurable, attainable, relevant, and time-bound) to ensure that progress can be tracked and measured. When creating objectives, think about what actionable steps can be taken to reach each goal.
Examples of some objectives for the focus area of Increase Brand Awareness could be: Enhance Social Media Presence, and Increase Traditional Advertising.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (key performance indicators) are measurable targets that are used to measure the progress of an objective. Examples of KPIs include increasing followers on social media, increasing brand visibility, or increasing visits to a website. By setting measurable targets, it is easier to track and measure progress.
4. Implement related projects to achieve the KPIs
Projects (or actions) are the activities that are needed to achieve the KPIs. Examples of projects can include running targeted ad campaigns, creating loyalty programs, or improving website SEO. Projects should be chosen that are aligned with the objectives and focus areas of your strategy.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform can be used to build and execute your strategy, as well as track progress and measure results. With Cascade, you can create projects, assign initiatives, and monitor progress in real time. With Cascade, you can ensure that your strategy is on track and achieving your desired results.