I've never heard anyone refer to it that way but the idea of keeping a marketing schedule is a great way to put your marketing plan into action and judge whether it works. I don't market locally any more other than local seo but I try to maintain a weekly online goal schedule although I don't always adhere to it during busy times. Sticking to a schedule has definitely improved our SER's (search engine rankings) and thus increased business although I also feel that its necessary to take a break occasionally to rejuvenate and give yourself a chance to get a fresh perspective, see how buying trends have changed and look around to see what other people are doing.