Marketing objectives are statements that identify targets that should
be achieved through media communication efforts that may include such items
as revenue, quantities, market share, account types or experience.
Revenue Targets - Revenue targets are sales values that
are desired along with the associated time periods that the sales should
be achieved. Revenue targets for marketing programs may be defined in gross
sales, net sales, or average revenue sales per customer.
Product Quantities - Product quantity targets are item
quantity sales that are desired along with the time period which they should
be sold, shipped or ordered. Product quantity targets for marketing programs
may be defined as quantity sold for each marketing campaign, quantity sold
per sale (items ordered by each customer).
Product Usage - Marketing campaigns may be used to build
awareness of new uses or applications for existing products. An example
of a product usage objective is the promotion of how computer printers can
be used to print postage labels or t-shirt transfers as a way encourage
consumers to purchase additional materials such as printer ink cartridges.
List Creation - Internet marketing campaigns may be used
to gather contact data for potential customers for mailing lists or sales
leads. An example of a list creation campaign would be to offer a free product
or information document if a person provides their contact information along
with some qualifying information (such as interest areas).
Profit Margins - Internet marketing campaigns can be used
to promote products or services that have profit margins (such as high-margin
items). This may be necessary to ensuring that promotional programs are
profitable if the cost of Internet marketing has a high marketing cost per
sale.
Experience - Marketing campaigns may be performed to gain
experience or to discover business metrics such as conversion rates, average
sale amount, product return rates, and the amount of fraud that is expected
to occur.