GB 530 MENTOR Motivated Minds/gb530mentor.com GB 530 MENTOR Motivated Minds/gb530mentor.com | Page 11

company mission. These are directional goals that provide the overall strategic direction for management planning.) ? State the value proposition. Be sure to look up this term in your Kotler text if you don’t fully understand it. 3.2 Marketing Objectives Include a sentence or two about each of the following: ? What are your specific marketing objectives? ? Market share: what is your growth objective by quarter? ? Market penetration: how do you plan to gain a share in this market? ? Awareness: how do you plan to gain awareness for your product? ? Customer acquisition: how do you plan to grow your customer base? ? Identify a specific, measurable market share and size. Remember that your objectives need to be quantifiable. In other words, objectives need to have a base point, end point, and time frame so you can research to see if you have reached your