Does setting a short-term or long-term goal sound daunting?

Especially when you think of short-term or long-term goals, you will find yourself racking your brain and questioning goals and how they differ from one another. No need to worry because doing so can help you create more effective (and attainable) goals overall, creating both short-term and long-term marketing goals.

To realize the goal you have in mind, marketing goals are a crucial area to concentrate on. A goal should constantly be in mind since a dream is only a dream unless you make it your reality.

With this, you have a distinct idea of where you want to go, a predetermined strategy, and a target date to work towards.

Short-term marketing goals

If you think about it, setting short-term goals seems much more accessible than long-term goals simply because long-term goals contain many unknown factors.

Short-term marketing goals are doable and advantageously adaptable. You can adjust your plan to experiment with something new and get better outcomes if one of your short-term goals isn’t working.

Your short-term objectives are those that you wish to complete in six months to 2 years. These objectives typically take days, weeks, or months to complete from beginning to end.

An example of a short-term goal and how it can be applied.

For example, Increase your social media presence by using Facebook to advertise activities and discounts, Instagram to display your goods and the individuals using them, and Twitter to engage with your customers more positively, as Twitter is an excellent platform to interact.

Another Short-term marketing goal and effort might include holding events, effectively promoting a promotion, or boosting sales by 15% each month.

Long-Term Marketing Goal 

Did you ever shy away from establishing long-term marketing objectives because you lacked faith in your capacity to succeed? You’re not the only one, so don’t fret. It doesn’t focus on fixing the present issues or even the question of how you might increase your company’s profitability in the following years.

These goals are for making significant strides in your company’s future expansion into something more meaningful and better than it is now.

These objectives cannot be accomplished in the following two to three years without creating instability in the business. Therefore, they need serious consideration of the course you want your company to pursue, then preparation, funding, and cautious implementation.

Goals that far off have drawbacks:

Firstly, the staff loses focus and loosens up because there is insufficient urgency. Underestimating the workload and working last minute to achieve deadlines are simple mistakes.

Feeling overpowered is the second downside. Generally, long-term goals are big ones. However, numerous people respond to stress in unique ways, and they might not feel capable of completing their tasks.

To sum up, the steps and duration required to complete long-term and short-term marketing goals differ significantly. If short-term goals help long-term goals, they could be more rewarding and meaningful.

You could wish to select specific short-term goals that represent these ideals, for instance, if your long-term objective is to experience a more profound sense of belonging and connection within the society.

Establishing a short-term goal of engaging in acts of service for at least 5 – 10 hours each month will help you get closer to your long-term objective of strengthening relationships and communities.

Suppose that one of your long-term company objectives is to create the finest website within your sector; for instance, you might want to select short-term objectives that mirror this

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In this digital age, branding forms an integral part of any marketing plan. Branding is the process of creating a certain image in the minds of the customers which helps the firm to sell its product and services. One of the best examples of excellent branding is Coca-Cola, rather than their product being the focus, Coca-Cola focused on their brand. This worked splendidly as people are now more likely to try new flavors of soft drinks if there is a Coca-Cola label on the can.

Why you need to focus on branding

One of the biggest reasons why branding is so important within this age of social media, is that consumers are being introduced to new brands on a daily basis, so having a strong brand image will help distinguish your firm from your competitors. Strong branding is how loyal customers are formed, more people will take note of it and won’t easily forget your brand. So, when they are in the market for a new product or service, they will probably pick the brand that had the most memorable branding.

Having a strong brand can also help the firm to build trust with their audience. Gaining the trust of your audience is one of the most important things that you can have as a business. Branding helps the business to come across as a well-established and credible brand, proving that they are trustworthy and ensuring that customers try their products or services, and become a loyal to the brand.

Advertising is an essential part of the marketing process of a business, and is responsible for creating brand awareness, but if the business hasn’t paid attention to branding then then potential customers won’t stay for long. Businesses can come off as untrustworthy and customers won’t feel the need to buy the products and services of your business.

6 elements of branding

Now that we’ve established why branding is important for any business, there are six elements to consider in order to pull off a successful rebrand:

1. Brand voice

According to Sprout social, brand voice is the distinct personality a brand takes on in its communications. The reason why your brand voice is so important is that it helps your business to stand out. Just the logo and a catchy slogan is not enough, the way the brand presents itself in front of customers is very important. Your brand voice can give customers better insight into who you are and needs to be consistent and recognizable. Who your ideal target audience is will determine the tone of voice used, healthcare or financial institutions may require a more formal and professional tone of voice whereas the latest dating app will be much more informal.

2. Brand identity

Investopedia states that “brand identity is the visible elements of a brand, such as color, design, and logo, that identify and distinguish the brand in consumers’ minds.” The reason why it is important for a business the pay attention to brand identity is that it is essentially the mascot for the business’ brand, it encompasses how a company expresses and describes itself from the images on its marketing materials. A strong brand identity helps in strengthening a company’s popularity and presence in a competitive market.

3. Brand promise

The third element is Brand Promise and according to Adobe “a brand promise is a value or experience a company’s customers can expect to receive every single time they interact with that company.” The brand promise articulates the unique value that a business provides its customers and includes the mission and vision statements of the company which tells the customers what the business wants to achieve in the short and long term. The more aligned the business’ actions are with the brand promise, the more trust and loyalty the business will cultivate from its customers.

4. Brand values

According to The Branding Journal, “brand values can be defined as the foundational beliefs that a company stands for.” By aligning the brand and its values to something bigger than the brand, the customers will find them to be relatable, this will help the business to create and deepen the trust between the business and its customers leading to a higher degree of customer loyalty.

5. Brand targeting

Investopedia defines a target market as “a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle. Brand targeting allows the business to segment and target the ideal group of people the business wants to appeal to.

6. Brand positioning

The last element is Brand Positioning, according to Kotler brand positioning is defined as “the act of designing the company’s offering and image to occupy a distinctive place in the mind of the target market”.  Brand positioning involves strategizing the marketing efforts to make sure that the business’ tactics are effectively reaching the targeted market segment and position themselves in the mind of their target audience accordingly.

Conclusion

Branding plays an important part in a business’ marketing plan especially in the age of social media, it allows a business to stand out from the crowd and make an impression on the customers allowing them to gain the trust of the customers which can be converted into brand loyalty. Need a more in-depth analysis of branding personalized for your own business? Contact Robotic Marketer to find out how we can assist your company to establish a strong brand identity.

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When it comes to marketing budgets, many marketing teams can contest that they wish they had more to play with.

Especially after the pandemic of Covid-19, many businesses have not had the bounce back that others may have, leading to an even more lower marketing budget.

But whether you’re dealing with budget cuts or not, getting the most out of your marketing budget should be the main focus for marketing leaders.

With marketing seeing a drop in budget share last year that was unprecedented in recent history, falling from 11.0% to 6.4%.Spotting opportunities that reward you with higher return on investments and professionally tweaking your budget to finessing in all areas of the operation to produce better results.

With this in mind, we will be going over ways on how to maximise your marketing budget.

Focus on Customer’s Retention

The smartest thing you can do in maximising your marketing budget is by focusing on your customer’s needs.

This can be done by working on customer satisfaction and upselling the products or service, which must correlate with best serving your clients as well as the customers.

Everyone knows that the cheaper option is to continue to retain customers than to gain or lose them, this is why it’s vital to focus the marketing strategy on customer needs.

It is said that acquiring new customers is 5-25 times more expensive than if you were to focus on retaining existing customers.

Allocate your budgets to campaigns with the goal to improving relationships with current customers such as loyalty campaigns and customer feedback surveys just to name a couple.

Refreshing than Creating

With an enormous amount of old content at the marketing team’s disposals, there is a lot of those contents that are still relevant to use as a refresher.

Refreshing the use of old campaigns is definitely a lot more cost-effective than creating new ones from scratch.

This a great approach for marketers that find themselves with very minimal budgets and want to optimize their budgets as efficiently as possible.

Take time to find previous ad campaigns that have performed exceptionally well and recycle the elements that made them work to build new campaigns.

Use of Digital Marketing Strategies

If you haven’t done so, it’s recommended to start shifting your marketing strategies into these digital content marketing strategies:

Content Marketing (Blogs):

The most cost-effective strategy to choose is the use of blogs.

This is a way that marketing teams can reach out to their customers with relevant information through content.

It establishes relationships as well as driving traffic which promotes engagement with your customer base as customers will be able to like, share and comment on your blog posts.

Social Media Marketing:

This is how you can connect to a personal level with customers.

If you would like to have a stronger engagement with customers, finding the social media platforms and posting relevant and engaging content up on them will instantly get customers more interested in the business.

Email Marketing:

With 77% of marketers have seen an increase in email engagement over the last 12 months, it would be absurd to say email marketing isn’t the way to go.

Implementing the right A/B tests as a user experience research method, will produce results even quicker.

Landing Pages:

Landing pages is a great call-to-action method that leads customers to the right pages at the right time.

The main focus is to get customers to purchase the products and services, so with a call-to-action that takes them directly into the page to do so will lead to conversions.

Ensure Decisions are Data-Driven

When it comes to maximising marketing budgets, it’s imperative to be using the right technology in order to identify how your budgets are impacting the business and to decide how to allocate budgets for your marketing strategies.

With marketing strategy technology platforms such as Robotic Marketer, they can develop, manage, execute, report on marketing strategy performance and as well as producing you with higher return on investments.

Optimize Marketing Budgets

There are a few ways that you can optimize your marketing budgets and get the absolute most out of.

It’s important that regardless of your marketing teams’ budget, that there is always a different angle of opportunity for you to target in order to make the most of it.

Marketing strategy technologies have become the most efficient way to assist in development marketing strategies.

If you would like to learn more about Robotic Marketer, visit us on https://www.roboticmarketer.com/

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