Marketing Objective(s)

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Marketing Objective(s)

description

Marketing Objective(s). Marketing Objective(s). Are measurable ( SMART) Sales number (“ship 328,000 cases in 2012”) Share number (Increase market share by 1.2%) Number leading to sales and competitive advantage Increased trial Increased usage frequency Increased awareness (maybe) - PowerPoint PPT Presentation

Transcript of Marketing Objective(s)

Marketing Strategy

Marketing Objective(s)Marketing Objective(s)Are measurable (SMART)

Sales number (ship 328,000 cases in 2012)

Share number (Increase market share by 1.2%)

Number leading to sales and competitive advantage Increased trialIncreased usage frequencyIncreased awareness (maybe)Increased penetration (new market)

Whats our marketing objective for Papa Johns?

RationaleSales history

Attitudinal Changes

Marketing effort

Use numbers to defend numbers!Marketing MoleculeFind a way to show the planning process visuallyI like this better at the end of the plan

BudgetStraight line method$ad/sales ratio X unit sales projection

New products are tougher. Need benchmarks.

Marketing Mix allocation

How do you decide? PR? DM? Events? Sales Promo?

One starting point: 50%/50% McDonalds Chicken Breakfast Biscuit

DataMcDonalds new menu items averages:Trial percentage: 31%Traffic increase: +17.65%Share shift:+.05%4-Week sales units: 572,0004-Weel sales revenue: $1,470,000Pull through revenue on other products: $5,200,000Advertising to sales ratios: Brand: $2; Promotional item: $2.50-$5.00 depending on pull through.RecommendA Marketing Objective

A Budget

Rationale for both

Are there any special budget considerations for this campaign?