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Archive for Marketing-Hourglass

Aug
19

5 Step Process to Lean Marketing

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Lean Marketing is a strategic methodology to streamline and automate the marketing processes in order to improve efficiencies through waste elimination. True lean companies strive to eliminate, not minimize all waste in the process. Most think of this as only a manufacturing or administrative function. This rule can apply when implementing lean marketing as well. In lean marketing a company should only have two components: An introduction to a new lead and the acceptance of an order. All other components would be considered wasteful and are candidates for elimination. That may be a little to pie in the sky but I do not believe that marketing should be off the hook from eliminating waste.

Here is a simple process to get started: The Five Step Process to Lean Marketing:

  1. Create a Value Stream Map based on your Marketing funnel.
  2. Analyze each process and start asking these questions until you have eliminated all waste from the process:
    1. Why are we doing this process?
    2. What value/purpose does it serve the customer?
    3. How can we eliminate all waste from this process?
    4. Map new simplified process
  3. Implement and Test new process using the Plan, Do, Check, Act cycle.
  4. Simplify the Marketing Funnel
    1. Eliminate all wasted activities that the customer sees little value in.
    2. Create dashboard with input/output measurements showing daily, weekly, monthly and yearly progress
  5. Implement Value Stream ROI and Resource Allocation
  6. Feedback develop visual metrics showing progress of the company’s lean continuous improvement program.

There has been very good books written on Lean Six Sigma Marketing but they deal primarily with channel management. I feel that a true lean approach is what is needed in Small Business Marketing. This basic structure will add clarity finding not only waste but deficiencies in creating new leads and orders in your marketing funnel.

Related Post:

THE TOYOTA LEAN HOUSE – RE-BUILT FOR MARKETING

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