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In continuation to this previous assignment the next one regarding developing a digital marketing plan. This is suppose to use the SOSTAC model. How do
In continuation to this previous assignment the next one regarding developing a digital marketing plan. This is suppose to use the SOSTAC model. How do I address all of the SOSTAC element and include the following?
1. Situational Analysis
- Analyze the current situation in terms of customers, intermediaries, and competencies.
- Conduct a thorough competitive analysis and identify what your competitors are doing in terms of Web presence and social media presence.
2. Objectives
- Develop specific measurable objectives for a digital marketing strategy. Where do you want your company to be?
3. Strategy
- Articulate short- (< 1 year), medium- (1 to 3 years), and long-term (> 3 years) digital marketing strategies. How do you achieve your objectives within these terms?
4. Tactics
- Differentiate various techniques (for example, website, social media, advertising, pay-per-click, events, press releases, sponsorships) to use for implementing strategies. How will you build your sales funnel?
5. Actions
- Develop a project plan for executing each tactic. The plan is to briefly capture your execution of the tactics.
6. Controls
- Develop specific metrics to monitor tactics. How do you know things are going as planned? How often will you monitor the metrics?
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