What is a Marketing Objective?

In a Business Plan of a big and medium sizethe entire organization. In order to realize these
organization, a Marketing plan is normally form the maindirections, a form of measures are attached to to
component of the content in it. To a a great extend,reflect either a direct result or a representative of it.
the goal of the Business Plan are determined mainly byThis measures is known as the Marketing Goal
the Marketing Plan. It is true because a Marketing PlanMarketing Goal
deal the revenue generation for the business. TheThis is a tangible measure to the effect of the three
other components are the Financial plan, Productdirections expressly the most appropriate indicator. It is
Development plan and other operational plans.from this goal that strategies and key activities are
In a Marketing Plan, a marketing objective one of thedeveloped to fulfill these goals. Therefore, it is utmost
key components. It highlight the the purpose of aimportant that the goal established are directly
business at a macro level and expressed in a form ofreflective the intention of each directions. Example of
Marketing direction and goal.the Goal may be as follows:-
Marketing Direction
For a Marketing direction, it spell out the long term1. For Brand Reputation - the goal is to attain certain
intention of the marketing for certain desired intention. Itpercentage in terms of Brand Preference among the
is a statement of intend that represents the highestcompetitors.
stated of achievement for a business. Example of2. For Market Position - the goal is to achieve top 1
some common marketing objectives derived fromposition in the market segment in terms the highest
excellence organizations are:-ranked sales turnover
3. For Market Share - the goal is to capture x
1. Brand Reputationpercentage of sale turnover in the market segment
2. Market Positionsuch as 60% Once a marketing objective is clearly
3. Market Share You can notice that the threearticulated, then only can be roll down to the
marketing directions are very high level results of anrespective department for implementation.
organization and to achieve them requires the effort of