DIGITAL MARKETING PLANNING TEMPLATE
Creating a marketing strategy using the RACE framework
Authors: Dr. Dave Chaffey, James Story, Matt Chappell and Lyndon Baker
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Adaption by Magnadism Solutions Private Limited
INTRODUCTION
HOW TO USE THIS RACE PLANNING TEMPLATE
Aims of this template
This template will help you rapidly review and present a simple digital marketing strategy. It is based on the Smart Insights RACE planning framework and six pillars of digital marketing success which ensures complete and comprehensive coverage of all the marketing activities needed to increase leads and sales across the customer lifecycle.
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How to use this template
For each of the six pillars, you will be presented with a number of questions about your current digital marketing activities.
Use the checkboxes to quickly identify those activities that are in place. Next, review the unchecked boxes and fill in the corresponding area of the table with the actions required in priority order, where possible.
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Turning your plan into action with Smart Insights resources
This template will give you a good starting point. To fully implement your plan we will highlight specific Smart Insights resources to support action across all the essential activities
THE SIX PILLARS OF EFFECTIVE DIGITAL MARKETING
PLANNING AND GOVERNANCE
Strategic initiatives
Marketing integration
Digital transformation
Business and revenue models
Budgets and ROI
Systems, structures and processes
Resources and skills
Marketing technology
GOALS AND MEASUREMENT
• Forecasts
• Digital KPIs
• Digital dashboards
• Customer profiles
• Attribution
MEDIA
Paid media
Owned media
Earned media
Offline/online integration
Always-on and campaign investment
CONTENT
Content marketing strategy
Top-of-funnel (TOFU)
Middle-of-funnel (MOFU)
Bottom-of-funnel (BOFU)
EXPERIENCE
Website customer journeys
Landing pages
Multichannel path to purchase
Conversion Rate Optimization
Personalization
CONVERSATIONAL MESSAGING
Email marketing
Mobile messaging
Human-assisted chat
Automation and CRM
The six pillars simplify digital marketing complexity from hundreds of tools and communications that could potentially be used. Our research shows that many people invest time and money without a plan, goals or measurement. Madness! Our six pillars highlight the key investment areas that every organization, regardless of size or sector, needs to consider when they are developing their plans and priorities for interacting with and selling to consumers or businesses online.
We recommend that you review these success factors across each part of the RACE framework which you will be guided though in this template.
1. PLAN
KEY PERFORMANCE MEASURES:
Situation review (current output) | Set goals and objectives | Define prioritized strategy
PLAN: DEFINE YOUR STRATEGY
To create an effective digital marketing strategy, you must first have a good idea of what you’re currently doing, as well as your strengths and weaknesses.
It’s also important to understand the market and your competitors’ activities.
This will help highlight areas to focus on and enables you to create actionable, measurable goals.
SUCCESS FACTORS AND DELIVERABLES FOR THIS PLANNING STAGE:
Quantified opportunities based on benchmarking competitor activity
Clearly defined goals and objectives
A data-driven process through customized analytics and KPI dashboards
A defined strategy with prioritized investments in digital marketing
Defined customer personas and online value propositions
ACTION POINTS:
Identify all your current digital marketing activities.
Work out your strengths, weaknesses, opportunities and threats. The SWOT/ TOWS frameworks are useful for this.
Outline goals and objectives and make sure they’re Specific, Measurable, Attainable, Relevant and Timely (SMART).
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Define transformation
Changes to people, skills, process, structures and marketing technology.
2. REACH
KEY PERFORMANCE MEASURES:
Unique visitors | Value per visit | Fans/followers
REACH: GROW YOUR AUDIENCE
Reach involves building awareness of your brand, products, and services on other websites and in offline media to build traffic to different web presences like your main site, microsites or social media pages.
It involves maximizing reach using continuous inbound communications and planned campaigns to create multiple interactions using different paid, owned and earned media touchpoints.
SUCCESS FACTORS AND DELIVERABLES FOR THIS PLANNING STAGE:
A clear picture of how your digital media channels collectively perform
Standard campaign tracking and attribution for reviewing performance
A gap analysis for target keywords based on different consumer search types to show opportunities for organic and paid search
A social media campaign plan to promote the right content to the right people and work with relevant influencers
A paid and display media budget and schedule defining investments to reach your audience
ACTION POINTS:
Perform keyword research to find areas of strength and opportunity - both paid and organic.
Define your key brand messages, focussing on growing audience awareness, familiarity and purchase intent.
Create segments and goals in Google Analytics.
REACH
Audit of current capabilities
3. ACT
KEY PERFORMANCE MEASURES:
Leads | Dwell time | Shares/comments/likes
ACT:
​PROMPT INTERACTIONS, SUBSCRIBERS AND LEADS
Act is aimed encouraging interactions to generate leads. Rather than immediately focussing on conversion, you need to inspire interactions with your content and social media profiles.
You can then create a plan that will persuade site visitors to take the next step on their buying journey.
SUCCESS FACTORS AND DELIVERABLES FOR THIS PLANNING STAGE:
Identified website improvements to make customer journeys more efficient
Optimized landing pages and content hub to maximize conversion to lead
Clearly defined lead scoring based on customer personas, relevance to your business/service and level of buying intent
A budgeted content marketing strategy to support acquisition
An editorial calendar and campaign plans
ACTION POINTS:
Review existing landing pages qualitatively and quantitatively (analytics and user benefit).
Decide which customer actions make them a valuable lead.
Identify key ‘moments’ to encourage signups.
4. CONVERT
KEY PERFORMANCE MEASURES:
Sales (on and offline-influence) | Revenue/profit | Average order value
CONVERT: ACHIEVE SALES ONLINE OR OFFLINE
This is the conversion from lead to sale. It focuses on getting your audience to take that vital next step which turns them into paying customers.
It’s important to remember that payment can be made through online e-commerce transactions or offline channels.
SUCCESS FACTORS AND DELIVERABLES FOR THIS PLANNING STAGE:
Effective email and ad nurture and retargeting process
A plan to implement personalization elements to your site based on customer behaviour
A website that is fully optimized for mobile browsing
A multichannel marketing plan that lets customers reach you through different ‘conversation marketing’ options such as email, LiveChat, and product demos
A list of key pages to be optimized through AB testing
ACTION POINTS:
Identify conversion funnels and paths to purchase.
Understand what level of personalization can be achieved with your current resource.
Establish a communication process between your marketing and development teams.
5. ENGAGE
KEY PERFORMANCE MEASURES:
Repeat purchase (lifetime value) | Satisfaction and loyalty | Advocacy
ENGAGE: ENCOURAGE REPEAT BUSINESS
Customers are great, but repeat customers are even better. Now you need to keep adding value to your brand experience so that buyers become brand advocates.
This can be achieved through post-sale nurturing, such as storytelling, case studies and engaging social content.
SUCCESS FACTORS AND DELIVERABLES FOR THIS PLANNING STAGE:
A welcome sequence for onboarding new customers
A list of website elements that promote customer engagement and loyalty
A refined customer service process to deal with queries through multiple channels
Email marketing campaigns designed to keep customers interacting with your site and your products.
A social media plan that amplifies the human element behind people who have already bought from you.
ACTION POINTS:
Outline your onboarding process using email and online messaging
Establish your multi-channel customer service process
Identify post-sale customer data for areas you can use in remarketing communications
FILL UP YOUR OWN PLANNING TEMPLATE
For each of the six pillars, you will be presented with a number of questions about your current digital marketing activities.
Use the checkboxes to quickly identify those activities that are in place.
Next, review the unchecked boxes and fill in the corresponding area of the table with the actions required in priority order, where possible.