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Marketing Objective(s)

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)

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Marketing Objective(s)

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  1. Marketing Objective(s)

  2. 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) • Increased penetration (new market)

  3. What’s our marketing objective for Papa John’s?

  4. Rationale Sales history Attitudinal Changes Marketing effort Use numbers to defend numbers!

  5. Marketing Molecule Find a way to show the planning process visually I like this better at the end of the plan

  6. Budget Straight 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%

  7. McDonalds Chicken Breakfast Biscuit

  8. Data • McDonald’s new menu items averages: • Trial percentage: 31% • Traffic increase: +17.65% • Share shift:+.05% • 4-Week sales units: 572,000 • 4-Weel sales revenue: $1,470,000 • “Pull through” revenue on other products: $5,200,000 • Advertising to sales ratios: Brand: $2; Promotional item: $2.50-$5.00 depending on pull through.

  9. Recommend… A Marketing Objective A Budget Rationale for both Are there any special budget considerations for this campaign?

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