Top 8 Reasons Why Marketing Plans Fail
Why do some marketing plans not hit the mark?
You could have the most meticulously designed marketing plan… and still have it fall short of the goals and expectations. But why?
Creating an effective marketing plan is like preparing a recipe. 🥣
You spend your time, money, and resources to gather the ingredients and follow the instructions. But sometimes, you still wind up with a disappointing dish.
However, there is always a reason why the dish — or in this case, your marketing plan — didn’t turn out the way you had hoped.
In this article, we’ll tackle the top eight reasons why marketing plans tend to fail, and provide you with a free checklist to help you set up your next plan for success. 🎉
Let’s dive in.
The Top 8 Reasons Marketing Plans Fail
1. Neglecting the Strategy
Picture this: you drive by a construction site to see the workers are trying to build a house without blueprints.
That’s what it feels like when a marketing plan lacks a solid strategy.
Whether rushed, dismissed, or simply copied from others, neglecting strategy can result in disjointed efforts that fail to guide customers toward meaningful action.
When you neglect a strategy-first approach to marketing, you risk having disconnected marketing pieces that aren’t driving your customers toward anything.
The Fix for Future Success? Take the time to invest in your strategy, either through dedicated time or by bringing in an outside expert. The strategy is the foundation for your marketing efforts — you want to be sure it’s solid.
👉 The best marketing plans put strategy FIRST. What does that mean? Learn more about Strategy-First Marketing to strengthen your next marketing plan.
2. Losing Sight of the Big Picture
Marketing should be a compass guiding your business toward its goals, not a road leading nowhere. Ensure your marketing efforts align with overarching business objectives. If they don’t, recalibrate your plan to stay on course.
The whole point of marketing is to serve the business’ sales and growth goals, not the other way around.
At Heights Strategic Marketing, we always ask how the metrics we track and the tactics we use are connected to the business goals. Otherwise, we’re just driving in circles.
The Fix for Future Success? Develop your marketing plan with the overall business goals in mind. If they don’t align, or the plan feels disconnected from the company goals, it’s time to adjust. Your marketing should always serve the business goals.
3. Not Knowing Your Audience
If you’re unclear on who your audience is, it’s nearly impossible to speak to them in relevant language. To take that one step further, know how your audience changes depending on the platform or marketing channel.
Sometimes your audience is different on socials vs. in email vs. articles on your website. Other times, companies spin their wheels trying to follow someone else’s playbook, but their target audience isn’t there.
No matter how popular the platform is right now, very few B2B service-based businesses should spend energy on TikTok.
Wasted. Time. And. Money.
The Fix for Future Success? Take the time to get clear on your audience. Do some market research, have conversations with actual customers, get to know the ins and outs of their wants, needs, and problems, and meet them where they are.
4. Starving the Budget
Business owners are always trying to cut overhead. Hey, we like profit, too.
But think of your marketing budget like body fat. The goal is not to get it to zero – or even as low as possible. You need a certain amount of body fat for temperature regulation and hormone production. If your body is starved, it will prioritize self-preservation and stop growing.
Similarly, if you aim to keep your marketing budget as low as possible, you risk having a weak, emaciated business that can’t grow.
Instead, your marketing budget should be in line with industry standards – often around 5-10% of income. It should be allocated towards high-quality, impactful efforts that strengthen the business. Spending it only on fads is like filling up on sugar.
The Fix for Future Success? Refer back to your marketing strategy and determine what matters most to the success of your business. Focus on pulling the biggest levers, automate what you can, and use your marketing budget on those “nutrient-dense” pieces that will energize your business and support growth.
💭 Wondering what you should spend your marketing dollars on? Here are three things worth paying for when it comes to your marketing.
5. Trying to Do Everything at Once
Have you ever met someone who’s juggling a million things but dropping half of them? 🤹 That’s what happens when businesses try to tackle every marketing trend or tactic under the sun simultaneously, without a clear strategy.
It’s similar to the daily diet example — say someone sets out to get healthy. They make a plan to cut out all sugars, lift weights, run daily, cut out caffeine, etc. They’ve set multiple ambitious goals, but they’re just spreading themselves too thin. Their efforts are wasted and actually make less of an impact.
The Fix for Future Success? Map out all of the marketing tactics you’d “like to” or “could” take, then narrow it down to 2-3 reasonable efforts that you, your team, and your budget can handle for your current season.
6. Thinking You Can Do It All
We all like to think we’re superheroes, but there comes a point where you need to call in some backup.
Ignoring that need and trying to do everything in-house is like trying to fix a leaky pipe with duct tape—it might hold for a bit, but it’s not a long-term solution.
The Fix for Future Success? Determine what you or your team can handle, and where you might benefit from an outside expert.
🤔 Wondering if you should outsource your marketing? Check out The Ultimate Guide to Outsourcing Marketing vs. Hiring In-House.
7. Forgetting to Implement the Plan
How many great ideas never get implemented? 💡
This is a common issue when businesses get distracted by shiny new opportunities and forget to prioritize their marketing plan.
As business leaders, you’re constantly being pitched new companies or products. The cold outreach from advertisers can be relentless. Every once in a while, those ideas are worth pursuing. But more often than not, they are just a distraction from what you have planned.
We had a client who brought to us a great idea for using Facebook ads. The only problem? According to the plan they built, they were supposed to be doing them already. 🤦🏼♀️
Forgetting to implement the plan just might be why it failed – it was never used to its full potential in the first place.
The Fix for Future Success? Once you solidify your marketing plan, set up reminders for the team to check in on the plan every 30, 60, and 90 days. This will provide the opportunity (and build the habit) to pivot your plan as needed, or to start implementing a piece that may have been forgotten.
8. Not Tracking the Progress
Just like checking your GPS to see if you’re on the right track, businesses need to measure their marketing efforts. Then if something’s not working, you’ll know when and where a pivot needs to be made.
So many businesses fall into the trap of buying advertising space or running an ad, but they don’t know how to track the ROI. In other words, when the opportunity comes up again next year, you have no idea whether it moved the needle for you.
Not only that, but by tracking your progress, you’ll have a better indication of how your marketing is serving the business, rather than the other way around. Remember, your marketing efforts should always support or contribute to the business goals, and tracking your efforts is a great way to see if you’re on the right track.
The Fix for Future Success? Get into the habit of tracking your marketing efforts each month. Set up a spreadsheet where all the data can be captured throughout the quarter, campaign, or duration of your marketing goals. Tracking the numbers is not a vanity metric; it’s a tool to help guide your future efforts toward the benefit of the business.
Set Up Your Next Marketing Plan for Success
So there you have it — eight reasons why marketing plans might fail.
Many things can derail your success — from neglecting the strategy to trying it all, forgetting to implement it, or losing sight of the business’ larger goals.
Do you resonate with any of these pitfalls? How can you take action so your future marketing efforts don’t fall flat?
At Heights Strategic Marketing, we know you want confidence in your marketing plan and budget. That’s why we created a FREE Marketing Plan Checklist to help you assess where you are, and where there’s opportunity for exponential growth.
In this FREE checklist, we’ll help you create a strategic plan you can implement now with a clear look ahead to the next 3 to 5 years with actionable steps and expert advice.
📋 Get Your Strategic Marketing Plan Checklist
And start following a plan to grow your business on purpose.