Key Steps in Digital Marketing/ Business Plans and Feasibility Study

Key Steps in Digital Marketing/ Business Plans and Feasibility Study
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Key Steps In Digital Marketing/ Business Plans and Feasibility Study

Key Steps in Digital Marketing/ Business Plans and Feasibility Study is a free article for you. As more companies and organizations have now started to go online and are focusing on internet marketing. It’s now a war online on how one will sell a product on the Internet.

That’s where a digital marketing agency has to play a role. However, You as a digital marketer will have to shape up the online game for the company so that it can sell more products or services online.

Key Steps On How To Start A Digital Marketing Agency with Low funds


Concept of Digital


  • Not only products or services, the concept of digital marketing is quite wide. You will help companies to become brands on the Internet. 
  • If you are one of the those confident of making it big in the digital world, here’s a quick guide on how you can start your own digital marketing agency.
  • Here are the 10 Steps to Follow To Start A Successful Digital Marketing Agency Business
  • The marketing and advertising budgets on digital platforms have seen a massive rise in the last decade, and every company wants to sell online.

So, don’t lose out on this growing market where you can successfully flourish your digital marketing agency.

  • Skills & Experience

This job requires skills which can’t be taught but can be gathered with some experience. It’s highly recommended that you work for some other firm or agency for a couple of years to understand the nuances of digital marketing.
Also, In time you will understand what it’s all about, and clients need and how agencies cater to their demands.

Important skills:

  1. Designing Online Ads
  2. Social Media Management
  3. Online Marketing
  4. Online Promotional Tools
  5. Advertising Budget Allocations

  • Understand The Need

You need to understand what your customers want and work on your delivery efficiently. Also the Digital marketing is broad, but properly understanding what the market wants will help you to target clients. Also, As a new agency, you first need to find clients, and if you can offer what they need, you are halfway there to your contract.

  • Naming You Digital Marketing Agency

Naming a business may require a lot of time and patience, but naming it right is going to be worth the effort.

Also, As a digital marketing agency, with the right name you can make a huge impact on your entire digital business. Afterwards you are set to go with a name, make sure that the same is available as a domain with .com at the end.

  • Arranging The Finance

Starting an agency from scratch will need some money. If you have saved enough, well and good, but in case you haven’t, don’t worry. Furthermore, with so many good financing options, you can start your digital marketing agency with a shoestring budget at almost-zero interest rates.

Make sure that your business plan has the necessary reasons to convince customers and why they should choose your digital marketing agency and how will you help them accomplish a competitive market in the digital marketing industry.

  • Use Your Work As Your Digital Marketing Agency’s USP

You can now use your own experience to market yourself. The work you have done all these years is going to be the USP of your own digital marketing agency. Furthermore, Remember clients won’t ask for the skills, they want results.

So keep a portfolio of your already done assignments handy.

  • Legal Compatibility

Make sure that your agency is following the right business structure and you have your licenses approved. As this is a digital business you will need lesser number of licenses and permits, but monetary transactions have to legalized for it to be taxed.

If you are yet to go through the legalization process, there are agencies who do that for you at very minimal charges.

  • Hire The Right Minds

Be very selective while hiring any staff. Digital marketing needs sharp skills and creative brains. It is recommended to go for the tech-savvy and societal people. 

You can anyway teach the skills, but won’t be able to change their personality. Afterward screen your candidates properly in terms of equitability and outer knowledge before finalizing the one.

  • Approaching Clients

It’s a game of building your network and clients. As you grow with your numbers, things will keep on multiplying but remember you have to deliver standard work. As a digital marketer, it’s important for you to bridge up the client’s demands and your quality of services.

  • Setting Up The Fees

Don’t be too up the market or down when it comes to pricing. Be rationale on what you will charge and emphasize more on the quality of your service. Always remember that companies will be ready to shell out anything if you can deliver a top-notch performance with maximum conversions.

  • Business Promotion

A crucial part of setting up a successful digital marketing agency is going to finding clients and creating your network. Creating a website is a must in this business. Its a service industry, so marketing your own agency is very important for you to succeed among your peer agencies. 

Take up good work, maintain your quality with what you do, work on a client-first basis and take help of promotional tools to reach out to newer clients.

Furthermore, The growing demand for good digital marketing services will keep expanding. The prospects are broad, and a quality digital marketing agency can never be easily replaced.


Do you know you can actually save yourself off this stress?


Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.


Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit. 


Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

   Click other related clicks that may interest you below;

 

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A PREPARED FEASIBILITY STUDY FOR CATFISH FARM IN NIGERIA 

“How to own, manage, and make millions from catfish farmingbusiness” BEST SELLER  

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TIPS ON BROILERS PRODUCTION AND ACTUAL VACCINATION –PROGRAMME AND TREATMENT

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CASSAVA PROCESSING MACHINE

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How to handle and manage Snail farming

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·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;



These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 



Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 



Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 



After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.

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The material will be sent to your immediately! By e-mail Trust us 100% to do that.



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We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.  



Get in touch with us today on our phone numbers or send us an email. We await your response……………………….



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