Starting an Internet Marketing Plan

When an internet marketing strategy is beingBusiness Structure - the system used to coordinate
developed, the company's objectives should be clearlyinternet marketing across different departments and
stated in the Internet marketing plan. To make itbusiness units
possible to review progress toward these goals, it isStrengths and weaknesses - it is important to be
advisable to attach numerical values to companymindful of these in order to select the correct strategic
goals.option.
Examples of such objectives would include to growExternal audit
sales, to add value to the company's product/serviceThe external audit assesses the business and
offering, to build relationships with customers byeconomic environment in which the company operates.
increasing the number of subscribers, or to save someThe factors to consider for developing an internet
administration costs.Marketing Plan are:
Strategic marketing on the internet is a process, ofLegal restrictions - The entrepreneur has to take into
which the starting point is Strategic Analysis. Strategicaccount all legal limitations to online promotion and
analysis (situation review) consists out of an internaltrade, in order to determine the kind of information
audit, an external audit and the assessment ofpublished on the site.
opportunities and threats.Ethical constraints - The entrepreneur will have to
Internal auditconsider the ethical constraints that will affect his
The internal audit is an assessment of the company'scompany's online commerce.
resources necessary to maintain an Internet MarketingTechnological constraints - The entrepreneur will have
Plan. These resources would typically be:to consider the type of technology currently available,
Financial resources - the cost of a company to have aand how it will affect the future of his online business.
web presence. This includes site construction, siteAssessing opportunities and threats
maintenance and site marketing/promotion.With proper planning, the Internet marketing plan can
Technological resources - accessibility andbe developed to enhance a company's opportunities
performance of the company's web site. Alsoand eliminate/reduce a company's threats. The
important are the service level agreements with thecompany who pro-actively anticipate changes in the
Internet Service Provider.external environment, and apply these changes on the
Human resources - for adhering to inquiries andInternet marketing plan, will be able to benefit from
handling the distribution of goods purchased. Also foropportunities and minimise the effects of potential
updating the company site with the latest information.threats.