Overview

A good marketing plan needs to translate into quantifiable measures. Without such quantification, a plan will often fall apart. Thus, defining objectives and respective key performance indicators (KPIs) to measure the effectiveness of the plan is essential.

Your CMO has asked you to create a strategic marketing plan and share it with other regional marketing directors, so that each park follows a similar strategy. Considering the different challenges in each park, the marketing objectives must be broad enough to address each parks challenges, with minimum or no customization.

Defining the marketing objectives and relevant KPIs will help you, the other regional marketing directors, and the CMO to pre-assess the effectiveness of the plan you have proposed and to address gaps, if any.

Prompt

Create a PowerPoint presentation for the CMO and your fellow regional marketing directors in the course scenario. The goal of this presentation will be to share marketing objectives, associated success criteria, and methods to monitor and measure the results.

Specifically, you must address the following criteria:

1. Identify two SMART objectives (Slides 12)
   • Choose two of the marketing methods identified in Milestone Two and identify SMART objectives for each.
   • Begin this part by restating the identified marketing strategies and then state the SMART objectives. How does each objective align with the SMART framework?
2. Identify two KPIsone for each marketing objectiveto measure the success of the marketing strategies (Slides 34)
   • What are your reasons for choosing each KPI?
3. Determine two methods to monitor the results of the identified KPIs. (slides 56)
   • Why have you chosen these methods?
4. Describe the feedback loops to be implemented in this case (Slides 7-8).
   • Identify the specific feedback loops you will monitor and how often.
   • How should results be reported to the key stakeholders needing this information

Guidelines for Submission

Submit a narrated PowerPoint presentation with 8-10 slides.. Consult the Shapiro Library APA Style Guide and FAQ: Where Can I Find Information on APA Style and PowerPoint Presentations for more information.