{"id":5408,"date":"2023-03-03T17:31:26","date_gmt":"2023-03-03T10:31:26","guid":{"rendered":"https:\/\/cleverads.com.ph\/blog\/?p=5408"},"modified":"2023-09-14T10:13:25","modified_gmt":"2023-09-14T03:13:25","slug":"marketing-objectives","status":"publish","type":"post","link":"https:\/\/cleverads.com.ph\/blog\/marketing-objectives\/","title":{"rendered":"Everything about Marketing Objectives you must know"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Before you can successfully set goals, you must know what you&#8217;re aiming for. Marketing Objectives are a fundamental part of every business&#8217;s\u00a0<a href=\"https:\/\/cleverads.com.ph\/blog\/what-is-a-marketing-plan-developing-a-marketing-plan-for-a-new-product\/\" target=\"_blank\" rel=\"noopener\">marketing plan <\/a>if it wants to stay on track.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Typically, companies that set specific operational goals perform better 90% of the time and can prioritize actions that make a difference.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the desire to support businesses in the field of <a title=\"Full-Service Marketing: What is it and how to implement it?\" href=\"https:\/\/cleverads.com.ph\/blog\/full-service-marketing\/\" target=\"_blank\" rel=\"noopener\">Marketing<\/a>, CleverAds will guide you on precisely what Marketing Objectives are, why they are essential, and how to create your Marketing Objectives in the article below.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">1. What are Marketing Objectives?<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Marketing goals are measurable goals that outline the results of a marketing strategy. The most effective goals must align with the enterprise&#8217;s business plan while complementing the overall business goals.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Marketing goals are tied to the company&#8217;s overall success, not just an arbitrary number.\u00a0<\/span><\/p>\n<h3><em>Examples of Marketing Objectives:\u00a0<\/em><\/h3>\n<p><span data-preserver-spaces=\"true\">A marketing goal might be to increase website traffic by 30%. But how will you get there, and what is the purpose of that traffic? When do you want to get to that number?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Goals not only refer to a specific number but also to how you intend to achieve that number and the impact that result has on the company.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">2. Why Marketing Objectives Are Important<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">A survey of over 3,000 marketers showed that those who set goals were 37.6% more likely to be successful. Indeed, when you set marketing goals, you will put your business on the right track and be able to make decisions consistently based on your company&#8217;s best interests.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Marketing Objectives can help you build the effectiveness of your business. With all employees working towards the same specific goals, your team will function like a complete unit organized in a clear direction.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Goals, therefore, add a higher accountability level to your marketing team. These goals are highly measurable, so they help you create key performance indicators (KPIs) and show whether you&#8217;re doing well or need to make changes.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Conversely, digital marketers need to take the time to map out their goals and measure their impact so they can tell if their efforts are having an effect.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5410\" src=\"https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES.jpg\" alt=\"MARKETING OBJECTIVES\" width=\"612\" height=\"346\" srcset=\"https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES.jpg 612w, https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES-300x170.jpg 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">3. Key Features of Effective Marketing Objectives<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Marketing goals need to follow the <strong>SMART<\/strong> philosophy to be effective. This means they must be <strong>specific, measurable, achievable, relevant and time-based.\u00a0<\/strong><\/span><\/p>\n<ul>\n<li><strong>Specific\u00a0<\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Specific metrics need to be used in the marketing objectives of the business. Don&#8217;t just say the company wants to increase sales \u2014 say the number you want to improve through sales, either by percentage or by amount.\u00a0<\/span><\/p>\n<ul>\n<li><strong>Measurable<\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Goals should be measurable, and businesses should outline how they will measure success. A company&#8217;scompany&#8217;s goal should be to increase brand awareness and include how it is estimated.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example: measuring the increase in organic brand searches, social mentions, or followers.\u00a0<\/span><\/p>\n<ul>\n<li><strong>Achievable<\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">The company may want to increase sales by 200%, but is that goal achievable? Ensure your goals are reasonable and practicable, then outline the steps needed to achieve them.\u00a0<\/span><\/p>\n<ul>\n<li><strong>Relevant<\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">One of the significant downsides of goals is that they outline the destination rather than how achieving that goal will affect the overall marketing strategy. Goals should align with the general purpose of your business.\u00a0<\/span><\/p>\n<ul>\n<li><strong>Time-bound\u00a0<\/strong><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Finally, goals should include a reasonable time frame for achieving the specific plan. Most marketing goals are based on the fiscal year or quarter, but that can vary based on the project and the work required to achieve the goal.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To make it easier to visualize, let&#8217;s follow Coca-Cola&#8217;s SMART goal for 2012:\u00a0<\/span><\/p>\n<blockquote><p><span data-preserver-spaces=\"true\"><strong>EXAMPLE<\/strong>\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Specific<\/b><\/td>\n<td><span data-preserver-spaces=\"true\">Coca-Cola is looking to improve the efficiency of its product by a particular amount \u2013 20%. In contrast, goals such as &#8220;try your best&#8221; are very vague, making it difficult to decide if the goal is achievable.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Measurable<\/b><\/td>\n<td><span data-preserver-spaces=\"true\">Beverage efficiency can be calculated so that Coca-Cola can track its progress against its 20% target. If progress is slow, more resources can be devoted to achieving the goal.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Aggressive<\/b><\/td>\n<td><span data-preserver-spaces=\"true\">Various studies have determined that performance is most vital when key goals are challenging but achievable. Achieving a 20% improvement will require Coca-Cola to work harder.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Realistic<\/b><\/td>\n<td>If Cola&#8217;s product efficiency goal is a 95% improvement, Coca-Cola employees will likely react with surprise and confusion. Achieving the goal must be possible for the employee to grasp it. Unrealistic goals cause most people to give up from the start. And setting goals based on impossible clich\u00e9s, such as &#8220;give 110%&#8221;, creates confusion.<\/td>\n<\/tr>\n<tr>\n<td><b>Time-bound<\/b><\/td>\n<td><span data-preserver-spaces=\"true\">Coca-Cola has set a 2012 deadline for water efficiency. Such deadlines are motivating, and they create accountability.\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5411\" src=\"https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES-2.png\" alt=\"MARKETING OBJECTIVES\" width=\"800\" height=\"400\" srcset=\"https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES-2.png 800w, https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES-2-300x150.png 300w, https:\/\/cleverads.com.ph\/blog\/wp-content\/uploads\/2023\/03\/MARKETING-OBJECTIVES-2-768x384.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">4. Some Examples of Marketing Objectives<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">This sounds great, but how do marketing goals work in real life? These examples can inspire and guide you in the process of creating plans:<\/span><\/p>\n<h3><em>4.1 Increase sales<\/em><\/h3>\n<p><span data-preserver-spaces=\"true\">If your business is based on selling products or services, you can focus on increasing sales to increase revenue.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Example: The goal is: &#8220;Increase sales by 15% over the next six months by increasing new signups by 10% and increasing average customer orders by 20%&#8221;.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Then outline how you&#8217;ll get there\u2014perhaps by ramping up lead generation content production or email marketing automation to recommend related products.<\/span><\/p>\n<h3><em><strong>4.2 Increase brand awareness<\/strong><\/em><\/h3>\n<p><span data-preserver-spaces=\"true\">If you are a new company or are preparing to launch a new product or service, you are often interested in increasing your brand awareness to increase sales. This goal will be challenging to track without a clear plan.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So your clear business goal is: &#8220;Increase market share by improving brand awareness over the next 12 months, as measured by a 50% increase in organic brand search through saturation on social media, social media advertising, and influencer campaigns&#8221;.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Note: This goal outlines your plan to increase brand awareness and how you&#8217;ll measure it \u2014 through rising organic searches for your brand name.<\/span><\/p>\n<h3><em>4.3 Increase leads<\/em><\/h3>\n<p><span data-preserver-spaces=\"true\">If you offer an expensive product or are in a B2B market, you will want to increase the number of people who come into your sales process to convert those people over time.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Your specific goal might be to &#8220;Grow the number of customers by increasing the number of leads by 25% in the next year through launching two new lead generation channels on the public website.&#8221;<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">5. Conclusion<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">It cannot be denied that defining Marketing Objectives is an essential job for businesses. The company quickly measures the indicators thanks to precise marketing goals, finding the most optimal direction and achieving the highest operational efficiency.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Through the above article, CleverAds hopes to partially equip readers with knowledge about Marketing Objectives so that they can confidently apply marketing goals to the company&#8217;s business plan.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h2 style=\"text-align: center;\"><em><strong>If you need an optimal solution for Marketing, don&#8217;t hesitate to contact <a href=\"https:\/\/register.cleverads.com.ph\/ph-contact\" target=\"_blank\" rel=\"noopener\">CleverAds<\/a> for the fastest support!<\/strong><\/em><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Before you can successfully set goals, you must know what you&#8217;re aiming for. Marketing Objectives<\/p>\n","protected":false},"author":4,"featured_media":5409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-5408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/posts\/5408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=5408"}],"version-history":[{"count":3,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/posts\/5408\/revisions"}],"predecessor-version":[{"id":6868,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/posts\/5408\/revisions\/6868"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/media\/5409"}],"wp:attachment":[{"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=5408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=5408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cleverads.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=5408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}