- Actually define your goals. Make them measurable and reasonable. Keep them as simple as possible.
- Drawing a line in the sand on what’s important to reach those goals. We are all overburdened with information, but what is actionable? I don’t believe that daily wires are a lot of use to the average producer because they are often filled with a lot of information that isn’t relevant to the task at hand. I know because I’ve been on both ends of many marketing wires.
- Truly put together a breakeven cost of production. I favor it on a per acre basis. This number only matters to the farm, but it can greatly increase the confidence in making decisions.
- Put together a marketing plan with your needs in mind. So, let’s unpack what this looks like.
- Our approach is to ask some simple questions to help both our clients and our advisors understand the client’s uniqueness. These questions are simple but help provide the framework for our very simple marketing plans.
i. Run through some of the questions.
- From there we can help make a marketing plan to base decisions on based on specific triggers, execution methods, and volumes directed by the answers to those questions.
The key here really is in execution. Each producer needs to be able to find a reliable indicator that they can understand and track that assists them in reaching their goals.