Showing posts with label Marketing objectives. Show all posts
Showing posts with label Marketing objectives. Show all posts

Setting Marketing Objectives

Make Your Objectives Relevant to Your Business
At AsOne, not only do we invest time upfront with our clients to scope out their vision and goals, we also work with them to ensure they are looking at the right marketing objectives for the precise nuances of their campaign.
It is so important that the objectives are relevant to your business and the marketing channels you are using.
For instance, objectives related to PPC will be very different to those related to SEO or content marketing and the time scales will also vary greatly. Where a PPC or Google Remarketing campaign might focus on optimising the cost per click while maximising the total number of clicks, a content marketing campaign might focus on the average page rank of specified keywords, or the total number of pages ranked in Google.
Be S.M.A.R.T about Objective Setting
Remember, the best marketing objectives are SMART:
  • Specific – Objectives should be tightly related to a specific outcome or deliverable. What is it exactly that you would like to achieve as a result of your marketing efforts? Do you want to improve your average time on page, your conversion rate, or your number of email signups? And how much do you want to improve by?
  • Measurable – If objectives aren’t easily measured it is very difficult to track how well you’re performing. Thankfully most elements of digital marketing can be easily tracked and analysed, allowing you to see exactly how far you’ve come and how close you are to achieving your objectives.
  • Agreed upon – All stakeholders must understandand agree that the defined objectives are the right ones for the business. Do you have all the right people bought into what you are trying to achieve and are they willing to commit the necessary time and resource to make it happen?
  • Realistic – With our depth of experience we will be able to tell you how realistic your marketing objectives are. While we aspire to big visions and goals, it is important that the objectives are realistic within the time and investment constraints.
  • Time-based– It is no good leaving objectives open-ended. Having a clear timeframe helps to create the sense of urgency required to achieve great things. It also enables us to have regular review points to assess what is working and what isn’t.  
Analyse and Optimise
A well-defined set of marketing objectives is really only half the battle. It is also vitally important that you are properly set up with the right tools to monitor and track your results.
Platforms such as Google Analytics, Search Console, or Adobe Omniture will empower you to understand the impact of your marketing decisions in a far more quantitative manner.
AsOne will help to ensure that these are set up and configured properly, and will invest the time with you to help make sense of the numbers.
Armed with this data, you can then evolve your campaigns over time to ensure that you stay on track to hit your objectives in the quickest time possible.

Smart to smarter Marketing Objectives

When identifying specific marketing objectives to support your long-term goals, it is common practice to apply the widely used SMART mnemonic. You will know that SMART is used to assess the suitability of objectives set to drive different strategies or the improvement of the full range of business processes.
One of the main reasons that we called our site and service SMART Insights is because we wanted to help marketers succeed through using a more structured approach to planning to give more realistic targets they could be more confident of achieving. Using SMART objectives and then measuring them through properly customised analytics reports is a big part of how we hope to help too.
With SMART objectives documented in Plans linking objectives to strategies and KPIs everyone is sure exactly what the target is, progress towards it can be quickly and regularly reviewed, for example through an Ecommerce dashboard and, if necessary, action can be taken to put the plan back on target.

How can SMART objectives help set realistic targets?

When setting future objectives for marketing such as in a marketing plan it’s useful to look hard at each measure and ask “is it essential?”. The SMART mnemonic helps as a test or filter which you can use to assess the quality of measures. My personal definition of SMART is:
  • Specific – Can the detail in the information sufficient to pinpoint problems or opportunities? Is the objective sufficiently detailed to measure real-world problems and opportunities?
  • Measurable – Can a quantitative or qualitative attribute be applied to create a metric?
  • Actionable – Can the information be used to improve performance? If the objective doesn’t change behaviour in staff to help them improve performance, there is little point in it!
  • Relevant – Can the information be applied to the specific problem faced by the marketer?
  • Time-bound – Can objectives be set for different time periods as targets to review against?
Of course different people interpret define SMART differently and you can refer to the Wikipedia definition of SMART marketing objectives.

Approach to teaching

Methods there are many, principles but few, methods often change, principles never do