Situational analysis is the first step in planning SOSTAC marketing strategies. This is where marketing should start for any self-respecting company.
First of all, let us define what we mean by marketing in our company. Marketing for Pigeonbone is a business function that aims at increasing the organizational profit and therefore takes control of the product, pricing, point of sale, target audience and communication channels with the audience, so that the company's decisions are based on data and the cold sales function of the company disappears (turns into a shipping department).
That is, the main task is to turn your sales department into a shipping department.
SOSTAC
is a model for effective marketing strategy planning based on 6 mandatory components:
Situation analysis — analysis of the current situation of the company
Objectives — the goal to reach
Strategy — how we are going to achieve the goal
Tactics — what we will use to achieve the goal
Action — specific actions, tasks and deadlines
Control — how we will understand that we have reached the goal, by what indicators.
Thus, it can be seen that first of all for the development of marketing strategies it is necessary to carry out a situational analysis. This is the base of the strategy. Therefore, it is very important to do this step qualitatively. We at Pigeonbone know how to do it!
What you get
We gather facts about the current situation on the Internet. We study the segments of the target audience according to the JTBD (Jobs To Be Done) model. We analyze the presence and volume of generated demand, the competitive situation. We carry out trend analysis and make predictive analytics. We draw conclusions from the facts. According to theses we offer the best options for the strategy.
To form a thesis you need to go through the following steps:
collecting facts through the 6P framework (Product, Price, Promotion, Place, People,Positioning)
fact grouping
derive the theses from the facts
The final product of the situational analysis should be a set of theses. For each thesis, the course of the analysis from which the thesis was derived is shown.
Prior to the situational analysis:
The brief is a must! Collect primary information about the client. Send a file to Google Table to fill in the data.
Semantics (collection of semantics at the level of generated demand) - mandatory! Semantic kernel must be approved by the client.
Structure:
Introductory information Theses derived from the study Target audience
Base Parameters
Needs analysis of target audience segments using the JTBD (Jobs To Be Done) model
Crossing groups of requests between TAs
Analysis of demand on the Internet
Serviceable Available Market (available volume of the target market at the level of generated demand)
General structure of the analyzed core
Distribution of the key frequencies in the context of groups
Financial analysis of the semantic core
Zero requests and their number
Distribution of keywords by cost per click (general analysis of semantics)
Distribution of keywords by cost per click by group
Distribution of keywords by cost per click and frequency
Expensive keywords
Budget analysis by group
Serviceable & Obtainable Market (actually achievable market volume at the level of formed demand)
The probability of getting conversions, leads, customers
Budget range summary table
Competitor analysis
Competitor Overview
Websites present in most sources and channel
Engaging
Attendance at competitors' sites
Types of devices
Traffic sources used by competitors
Search engine results page analysis (SERP)
Paid output from Google
Number of unique domains in auctions
Coverage of the semantic core by competitors' sites in the Google Ads auction
By all the competitors
By the direct competitors
Number of ads per group
Number of ads per key
Distribution of the positions
Google organic traffic
Semantic coverage by competitors
By all the competitors
By the direct competitors
Number of unique domains per group
Number of ads per group
Distribution of competitors by average position and coverage
Sites with coverage in Google's paid results and organic results
"Vertical SEO"
Brand Lift
Willingness
Analysis of USP in Google
In ads
in ad texts
snippets in the organic output
on the site
Recommendations for creating a website
Trend analysis
Google
trend research
seasonality
time series decomposition
Predictive models
Predictive analysis of demand and/or interest in Google
Conclusions
What we do next. Conclusion of hypotheses based on theses