The #1 Thing You’re NOT Doing Right Now to Crush It in 2025…And How to Fix It
Dec 6, 2024
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Ralph and Lauren dive into the nuances of business planning for 2025. They discuss the importance of evaluating team dynamics and agency partnerships. The duo emphasizes prioritizing resources and testing new initiatives for scalable success. Key insights include aligning goals and adopting a strategy-over-tactics mindset. They also explore finding loyal clients and compare Meta and Google as marketing channels. Plus, they reflect on lessons learned from 2024’s wins and fails to pave the way for future success.
Prioritizing strategic planning over tactical approaches allows businesses to align their marketing efforts with changing consumer behaviors for sustainable results.
Evaluating team dynamics and agency partnerships is crucial for optimizing operations and achieving common goals in the upcoming year.
Deep dives
Maximizing Top Funnel Advertising with Connected TV
Connected TV advertising can significantly enhance the effectiveness of top-of-funnel campaigns by allowing brands to reach a wider audience without incurring the high costs associated with traditional TV ads. Companies like Ad Critter are providing innovative solutions by pairing connected TV ads with display retargeting strategies, ensuring that potential customers are not only reached but also reminded about the brand. This multi-channel approach facilitates a smoother customer journey, enabling better conversion rates as audiences engage with ads across different platforms. The positive results from testing these methods emphasize the potential for businesses to upgrade their advertising strategies effectively.
Assessing Business Performance and Planning for the Future
The period between major shopping events and holidays offers businesses a valuable opportunity to assess their past performance and plan for upcoming goals. Analyzing metrics from the recent Black Friday and Cyber Monday sales helps identify successes and areas for improvement. Businesses are encouraged to evaluate their current internal teams or agency partnerships to ensure they are aligned with their future objectives for 2025. This critical reassessment allows businesses to make necessary changes to optimize their operations and marketing strategies ahead of the new year.
The Role of Strategy in Marketing Decisions
Many businesses often focus on tactical approaches to marketing, paying insufficient attention to overarching strategic planning. The need for businesses to understand their ideal customer and clearly define their marketing strategies is crucial as consumers are spending longer on purchasing decisions. By prioritizing strategy over mere tactics, businesses can better structure their offers and marketing approaches to meet the demands of a changing market landscape. Such strategic alignment is key to ensuring that marketing efforts deliver sustainable results rather than short-term fixes.
Fostering Strong Partnerships for Effective Marketing
Establishing productive partnerships between businesses and their marketing teams or agencies is essential for achieving success. Clear communication about goals, expectations, and resources fosters collaboration and enables both parties to work together towards common objectives. By promoting an environment where team members feel empowered to ask questions and provide feedback, businesses are more likely to unlock their full potential for growth. Ensuring alignment on key performance indicators and business objectives will ultimately lead to more effective marketing outcomes.
Ralph and Lauren are discussing the critical moments of business planning and how to evaluate and improve team dynamics, agency partnerships, and overall strategies heading into the new year. Get ready to explore the nuances of prioritizing resources, testing new initiatives, and aligning goals to achieve scalable success. Their strategy over tactics approach offers information you can use to maximize opportunities for your business(es) in 2025!
Chapters
00:00:00 The Starting Line: Welcome to the Show
00:00:34 Holiday Chaos and Quirky Traditions
00:05:53 Crystal Ball Time: Plotting the 2025 Vision
00:07:24 Is Your Team Crushing It or Coasting?
00:13:54 Strategy Isn’t Just a Buzzword—It’s the Game
00:20:02 Lunar New Year, Anyone? Cultural Marketing Wins
00:22:29 Finding Your Goldmine Clients (Hint: They’re Loyal)
00:23:04 Meta vs. Google: Which Channel Deserves Your Love?
00:24:59 Big Goals, Tiny Steps: The Secret to Crushing 2025
00:27:12 Test It, Scale It, But Don’t Break It
00:32:15 Post-Mortem on 2024: Wins, Fails, and WTF Moments
Connect with Lauren on Instagram and Connect with Ralph on LinkedIn
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