Smart Insights created RACE as a practical tool to help marketers and business owners plan, manage, and optimize their digital marketing using a more strategic, structured, and data-driven approach.
Our RACE Growth System for improving marketing effectiveness has two parts which we will introduce in this article through two different visuals:
1. The RACE Planning Framework: defines the essential activities and measures businesses need to master to survive and thrive in today’s marketing world.
2. The RACE OSA improvement process: defines the three steps needed to build and implement your growth plan - either for your overall marketing plan or for an individual channel, such as organic search, social media or email marketing.
Use our free, planning template download to get started with using RACE to grow your business. These will help you create a 90-day prioritized plan to improve your results from digital marketing. We recommend 25+ key marketing activities across RACE that are essential for businesses to compete by improving their digital marketing maturity.
Free digital marketing plan template Our popular marketing planning template is structured across the Smart Insights RACE Framework. Join Smart Insights as a Free Member to download our digital marketing plan template today Access the Free digital marketing plan template
We created RACE as a simple framework to help small and large businesses alike take the best advantage of the fantastic low-cost opportunities available from digital marketing.
In our research, we have found that, shockingly, many businesses don't have a digital marketing strategy. When creating a digital marketing strategy, knowing how to structure it and where to start is sometimes the biggest challenge!
There are so many tools and tactics available that it's difficult to know where to start. RACE gives a structure to help you review and prioritize when there are so many options, but some options work better than others.
Here are six reasons why we recommend modern marketers use RACE and why it has been widely adopted around the world – Smart Insights have premium Starter and Pro members in over 100 countries who take the smart decision to use our digital learning and templates because:
Our popular infographic summarizes the 5 steps of the RACE Marketing Planning Framework which is a classic marketing funnel aimed at improving marketing effectiveness.
The Smart Insights approach to improving digital marketing maturity is data-driven, so the infographic recommends some of the key measures that should be used to set targets and improve performance at each stage.
Our free planning template recommends what to review to improve results from marketing in more detail.
Free digital marketing plan template Our popular marketing planning template is structured across the Smart Insights RACE Framework. Join Smart Insights as a Free Member to download our digital marketing plan template today Access the Free digital marketing plan template
The co-founder of Smart Insights, Dr. Dave Chaffey, created the RACE framework in 2010, when we launched Smart Insights, since we found that many businesses don't have a well-formed digital marketing strategy and implementation plan. Our research shows this is still often the case.
The aim of the RACE framework is to highlight which digital marketing activities you need to focus on to improve results from digital marketing. You can learn more about 16 key digital marketing techniques in our post explaining What is digital marketing.
We designed RACE so that it can be customized and applied to all sizes and types of B2B and B2C businesses from small businesses and startups to larger organizations working on digital transformation. Our Business Members apply the RACE Framework to their marketing planning and strategies in all sizes of businesses across many different sectors. RACE is growing in popularity today due to its practical nature and flexibility in supporting a variety of business aims and objectives.
The templates and digital learning available as part of business membership were originally developed from 2000 onwards as part of digital marketing consulting and training projects led by Dave for large international brands including 3M, BP, Barclaycard, Dell, HSBC, Mercedes-Benz, Microsoft, M&G Investment, O2, Royal Canin (Mars Group) and many smaller retail businesses and startups like Arco, Confused.com and Euroffice.
The RACE mnemonic summarizes the key online and multichannel marketing activities that need to be managed as part of digital marketing. RACE covers the full customer lifecycle or marketing funnel from:
(Plan) > Reach > Act > Convert > Engage
There is an initial, vital phase of PLAN, which involves creating the overall digital marketing strategy or transformation plan, and KPI selection for objective setting and performance review. The planning phase will ensure that your digital communications are aligned with your business and marketing strategy.
Sometimes members call the framework, PRACE, but we prefer RACE Planning for simplicity...
We have defined four steps of engagement across the customer lifecycle, since in online marketing there is a major challenge in gaining interaction, participation with prospects and creating those all-important Leads after the initial customer touchpoint.
These interactions, covered in the Act step can take place over several channels and touchpoints such as web, mobile, social media and email contacts, so these leads need separate management from final conversion to online or offline sale through techniques like retargeting and assisted selling.
The RACE Framework consists of these four steps or online marketing activities designed to help brands engage their customers throughout the customer lifecycle.
Structure your marketing plan around a funnel proven to boost performance. Join Smart Insights as a Free Member for instant access to our free digital marketing plan template to hone your skills and drive the results you need.
Free digital marketing plan template Our popular marketing planning template is structured across the Smart Insights RACE Framework. Join Smart Insights as a Free Member to download our digital marketing plan template today Access the Free digital marketing plan template
To make the RACE planning framework actionable, OSA gives a simple process to create your overall strategy and improve the results of individual channels such as search, social media and email marketing.
OSA stands for Opportunity > Strategy > Action
The RACE OSA growth process is designed to help our members improve their results from marketing, customized to their needs based on the size and type of business, their personal experience and needs.
So you can make an instant impact, we recommend you start by creating a 90-day prioritized plan and then create a longer-term annual plan and roadmap.
OSA has three simple parts which integrate with our planning templates, learning paths and other tools:
In your first 90-days with Smart Insights, our system will quickly help you decide where you need to prioritize to achieve your business and personal needs by using our learning paths, tools and templates to create your learning and action plan.
What are the key activities in each part of OSA?
You can apply OSA to different marketing activities from creating a growth plan for the next 3 months, creating an annual plan or improving your marketing campaign process. It also works well for driving results from individual channels like the website, organic or paid search, social media or email marketing. You can also apply it to your personal learning and skills development.
Opportunity
Strategy:
Action:
Get expert guidance to shape your strategy
Our RACE Growth System gives you everything you need to plan, manage, and optimize your marketing strategy. As a Professional Member, you'll also have access to a Customer Success Manager, who can support you with RACE onboarding and a quarterly review system.
Book your free personalized 1-2-1 consultation call with one of our in-house experts and find out how Professional Members use RACE to create/review opportunities, strategies, and actions to increase the contribution of marketing to your business goals.
I also like to credit the REAN (Reach > Engage > Activate > Nurture) framework for web analysts which influenced my thinking back in 2010. It was originally developed by Xavier Blanc and popularised by Steve Jackson in his book Cult of Analytics of which I was a big fan.
We devised RACE since we wanted to develop our own approach for improving digital communications and we feel Step 2 is more about initial interactions with a brand and in step 4, customer engagement is a longer-term process for developing customer loyalty.
Through 25+ years of advising marketers through Smart Insights, my books, consulting and training I've found that busy people seem to like frameworks and mnemonics to structure their actions. And finally, it's why we're called SMART Insights - we believe the best marketers compete and win by a data-driven or insight-driven approach to marketing.
By Dave Chaffey
Digital strategist Dr Dave Chaffey is co-founder and Content Director of online marketing training platform and publisher Smart Insights. 'Dr Dave' is known for his strategic, but practical, data-driven advice. He has trained and consulted with many business of all sizes in most sectors. These include large international B2B and B2C brands including 3M, BP, Barclaycard, Dell, Confused.com, HSBC, Mercedes-Benz, Microsoft, M&G Investment, Rentokil Initial, O2, Royal Canin (Mars Group) plus many smaller businesses. Dave is editor of the templates, guides and courses in our digital marketing resource library used by our Business members to plan, manage and optimize their marketing. Free members can access our free sample templates here. Dave is also keynote speaker, trainer and consultant who is author of 5 bestselling books on digital marketing including Digital Marketing Excellence and Digital Marketing: Strategy, Implementation and Practice. In 2004 he was recognised by the Chartered Institute of Marketing as one of 50 marketing ‘gurus’ worldwide who have helped shape the future of marketing. My personal site, DaveChaffey.com, lists my latest Digital marketing and E-commerce books and support materials including a digital marketing glossary. Please connect on LinkedIn to receive updates or ask me a question.
This blog post has been tagged with:
Digital Marketing ModelsMeasuring digital marketing effectivenessRACE Planning FrameworkTurbocharge your results with this toolkit containing 11 resources
The Digital Marketing Strategy And Planning toolkit contains:
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