Blog

Learn How to Set SMART Marketing Goals

There’s a fine line between being optimistic and being overenthusiastic. If you want to achieve your marketing objectives this year, they need to be realistic. Remember that failing to plan is planning to fail, and studies show that marketers who set goals are far more likely to meet them. So, here’s how to set SMART marketing goals this year, and—better yet—achieve them all!

How to Set SMART Marketing Goals in 5 Steps

You probably already noticed that when I say set SMART marketing goals, I really emphasize the smart part. That’s because SMART is a five-step plan to help you set marketing goals that are specific, measurable, attainable, relevant, and time-based.

Step 1: Set SPECIFIC Marketing Goals

Pick a clearly defined goal as well as the metric used to measure its success and stick to it.

  • Want to generate more website traffic? You can focus on lead generation, lead quality, or CTR metrics/goals.
  • Grow your social following? You can focus on number of followers, engagement rate, or reach metrics/goals.
  • Get more email subscribers? You can focus on email open rates or subscriber counts metrics/goals.

In short, there are a number of ways you can slice it, but you need to choose a path and stick to it.

Step 2: Set MEASURABLE Marketing Goals

Any content you publish must be measured against the metric you set in step 1, and, again, you’ll need a clear way to define this. Remember that the intrinsic value of any business is directly connected to the ability to produce results. If you want your marketing to be meaningful, each incremental goal must feed your bigger, long-term business objectives.

Let’s keep playing this example out:

Let’s say the specific goal you established in step 1 was to grow your social following by 5% in the first quarter of the year and you plan to measure that via the number of followers you have on social media.

In step 2, you should establish a measurement plan for that goal. You’d need to look at your current number of followers and determine what number of followers you’d need to achieve the 5% increase.

Step 3: Set ATTAINABLE Marketing Goals

When looking at your goal, can you say with absolute certainty that it’s achievable? There’s a difference between difficult and impossible, and there’s no problem with the former. It can be hard, as long as it can be done—on time, within budget, and using the resources at your disposal so you can achieve your marketing objectives this year.

Continuing to play out the example of the goal to grow your social following:

In step 3, let’s say come to realize that a 5% increase would require someone to be managing your social profiles around the clock and that you don’t have the budget/bandwidth to achieve this goal. You’d then need to revisit the percentage increase that is achievable.

Step 4: Set RELEVANT Marketing Goals

A short-term goal serves no purpose if it doesn’t align with your long-term objectives. When setting smaller goals, consider whether or not they really contribute to the bigger picture. If I continue with the example we have been using of growing your social following, it should play into a bigger-picture goal for your company. In this step, you should consider the why behind your goal.

Step 5: Set TIME-BASED Marketing Goals

#NoPressure (okay, a little), but the goal you set MUST have an “expiry date” on which the metric must have been achieved. Putting this sense of urgency on your goal will help kick you into gear toward achieving it.

Ready to set SMART marketing goals and put your S M A R T new marketing campaign to the test in 2023? Let us know how it goes in the comments below, and remember—we’re here if you need anything. Let’s achieve your marketing objectives this year, together!

Post author
Kimberly Portuondo
January 24, 2023
min read
Category:
Explore

Related Posts

The Importance of Understanding Your Target Audience

The Importance of Understanding Your Target Audience

Identifying a target audience can help your business to develop successful digital marketing strategies. If you are trying to target everyone, you are likely to reach no one. Your target audience is people with similar traits/characteristics who are most likely to buy your products. Your business may have several different target audiences. That is ok! It is simply important to create and thoroughly understand your target audience(s) so that you can best reach them.

Kimberly Portuondo
|
July 7, 2020
READ MORE
The Importance of Inclusivity in Marketing

The Importance of Inclusivity in Marketing

With June being Pride Month, we are discussing the importance of inclusivity and diversity within your marketing strategy. Inclusive marketing content can actually affect consumer behavior and encourage engagement with your brand. In fact, according to Kristen Shipley “Research shows that people are more likely to consider or even purchase a product after seeing an ad they think features people in authentic ways. Sixty-four percent of them even report having taken some sort of action after seeing such an ad.” If you are seeking to improve diversity within your workplace, campaigns and ads, it will be a change that pays off. Check out these statistics below from Think with Google to further consider the importance of inclusivity within your brand.

|
June 16, 2020
READ MORE
The Importance of Identifying Your Target Audience

The Importance of Identifying Your Target Audience

Marketing for your business often includes identifying which products/services you are going to promote and additionally who you want to promote your business to. In marketing, we call this your target audience or your target market. This usually refers to identifying special features that your target audience may have. This can be anything like the language they speak, their education level, their age (whether kids, adults, or the elderly), their shopping habits etc. It is important to take the time to narrow down these features since they can help you to better connect your marketing efforts with your audience. Here are my tips to help you identify your target audience.

Kimberly Portuondo
|
May 26, 2020
READ MORE