As with most aspects of business operations, marketing is evolving to align with shifting customer interests. New methods are becoming today’s best practice. Novel and disruptive ideas are resulting in innovative campaign concepts.
Following conventional paths will no longer yield the expected ROI nor build brand equity with the target audience. The adoption of digital tools and technologies is key to the advancement of performance.
Here are critical steps to help you and your team perform projects that will have impact with customers and the bottom line.
Use the DACI Framework
- Driver – person leading the overall success of project execution
- Accountable – team members responsible for seamless production and timely deliverables
- Contributors and Collaborators – team members performing the work and reporting outcomes
- Informers – stakeholders, peers, partners, vendors and others with a shared interest in the project
Insider Tip: The team must be highly focused, and diverse in skills, experience, and perspective. Create a trusted and safe environment where ideas and input are welcome. The team must be willing to change course, adapt, and work in tandem to overcome challenges.
Prepare a Project Overview
- business objective
- target audience
- campaign channels and platforms
- differentiation or distinguishing elements
- production dates
- goal(s) and KPIs to validate the outcome
Hold a Project Strategy and Planning Meeting
- set an agenda that engages all attendees (actively participation)
- craft the purpose of the project to ensure full buy-in
- specify what will make the project valuable, authentic, and compelling
- define project scope into iterative processes and sprints
Insider Tip: Use the strategy session to have the team collectively determine what will make the project relevant to the business objective and customer needs. Consensus will generate enthusiasm and set the pulse for performance.
Assemble and Decide on Key Metrics
- primary data points
- performance metrics
- goal metrics
Insider Tip: Utilize real-time data as well as BI analysis to continually measure metrics. Make assessments and adjustments throughout the project in an effort to fine-tune performance and reach milestones.
Establish the Timeline
- sprints and stages
- due dates
Resources and Financial Components
- human capital
- technology resources
- platforms and tools
- upfront and ongoing costs
- predicted return on investment
Monitoring, Messaging, Measuring
- closely engage with the team and offer support during execution
- regularly communicate, ask questions, and give sound feedback
- actively participate in discussions and debate
- watch production levels for any notable deviation
- stay tuned into team members’ attitude, outlook, and energy
- express concern with any struggles and work to find resolution
- quickly address conflict or blockers that may up-end production
Testing, Testing, and More Testing
- agility requires taking a trial and error approach
- perform hyper-tempo testing during iterative phases
- remember that nothing is set in stone
- constantly review, make revisions, and be prepared to pivot
Insider Tip: Most every organization has significantly more data today than just five years ago. Take advantage of your computation capabilities and statistical analysis to form well-founded strategies and to validate hypotheses.
- identify elements within a project that accelerate performance
- architect models using the best features and workflows for use in future projects
Project Launch and Post Mortem
- carefully plan requirements for launch
- hold a post-launch meeting to evaluate production and performance
- stay focused on facts
- be entirely nonjudgmental and don’t assign blame
- emphasize learning and instill confidence in the team
In today’s digital surge, Marketing’s position in the commerce ecosystem has dramatically changed. Engagement, conversions, influence, and monetization have become equally as important as sales. Marketers have the opportunity to lead major initiatives that are the cornerstone of business success. Along with the design of web pages and brand experiences, Marketing leaders need to design data-driven campaigns and an agile growth strategy.