Hitting Your Target Market Takes More Than Advertising
February 16, 2012 Leave a Comment
By: Mike Milligan, President Legato Marketing and Communications
Marketing and advertising. It’s six of one, half-a-dozen of the other—or so many mistakenly think.
No matter how often the two terms are inadvertently interchanged, marketing is not the same as advertising. Advertising is, however, part of marketing—but only one part.
Sure, you can take a shot in the dark with your advertising and play a game of hit (barely) or miss (big time), but without marketing, you won’t even have a target to shoot at. Why?
Because marketing encompasses everything from identifying and understanding your target market to how you’ll reach those consumers (which is where advertising comes in) and how you’ll differentiate yourself from the competition to get consumers to use your services.
In addition to advertising, marketing includes other important elements like market research, media planning, PR, product and service pricing and distribution, brand development, community involvement … It encompasses every touch point; every experience consumers and prospects have with your organization.
That’s why it not only makes sense to have a solid marketing plan in place before you advertise, it’s also critical to your success. A comprehensive marketing plan can help you:
- Identify new/potential consumers
- Identify your strengths and areas for improvement
- Identify consumers’ needs and wants
- Determine the demand for specific services
- Identify areas for growth
- Keep your budget and initiatives on track
- Respond to new opportunities
- Get your entire organization on the same page
- Evaluate your efforts and make adjustments
The list goes on, but I think you get the picture.
Yes, advertising is an important part of marketing. But it’s not a silver bullet. Before you take aim at developing a ‘great creative campaign,’ make sure you have a comprehensive marketing plan in your sights.
If you think it’s hard to hit a moving target, try hitting one you don’t even know exists!




