Clearly defining your goals and budget

A good marketing campaign knows exactly which direction it is going in. It is based on precise and realistic goals, objectives and budget.

When you launch a marketing campaign, you first need to know what goals you would like to achieve. Do you want to win 100 new customers? Or increase sales by CHF 200,000? It is not always that simple. Sometimes your goal is to boost your image, win new customers or launch a new product. The goals can be determined in terms of:

  • Purpose of the company: This means its uniqueness, the thing which makes it stand out from the competition, something only the company can provide and why it was set up. In the case of a company like Google, this means “organizing information and making it accessible to everyone”.
  • Period of time: For example, to bring a new product to the market.
  • Quantified and measurable results: Winning 200 new customers or putting a new product on the market or increasing your revenue by 10% by the end of the year, for example.
  • Strategy: This means all the specific measures you will be implementing to reach your goals. Improving your presence on social networks to make yourself known to a wider public, for example. Or launching a poster campaign to support the marketing of your new product.

These different steps will help the campaign start on the right foot. The team in charge of the marketing campaign will be able to rely on this road map to direct its thought processes and avoid being on the wrong track. These steps can also help detect unrealistic or overly ambitious expectations, and therefore allow for adjustments to be made before the whole process is set in motion. Additionally, a marketing plan can have multiple goals. Consequently, it is also important to define priorities and secondary objectives.

Digital marketing

The increasing digitisation and relatively affordable costs associated with digital marketing campaigns make them indispensable tools for businesses. A digital marketing campaign typically has multiple strategic objectives, such as gaining influence, generating more leads (see glossary), increasing product awareness, or boosting online sales.

Once the marketing campaign is completed, you will have to determine whether the objectives have been achieved, particularly through performance indicators such as website traffic, number of views, open rate, number of leads, number of prospects (see glossary), etc.

The budget

Once the battle plan is drawn up, it needs a budget. The budget comprises two variables:

  • the time you will be investing
  • the money you will be spending.

For a relevant marketing budget, it is recommended to adopt a restrictive approach initially. You must start by testing the waters to establish the first intermediate reviews, which will allow for correction of the course if necessary. The key thing is to keep control of expenses and plan them annually. The amounts to be allocated to the marketing budget will depend on the size of the company and the target set.

For SMEs, it is sometimes more profitable to spend time convincing their customers of the effectiveness of their product orally, via email, or by touring trade fairs rather than investing in a large poster campaign.

The financial part of your budget depends on the nature of your company and the environment in which it is operating. At the international level, a Business Development Bank of Canada (BDC) study showed that:

  • In general, companies oriented towards business-to-business (B2B) trade spend between 2% and 5% of their turnover on marketing.
  • For companies oriented towards individuals (B2C), this percentage ranges from 5% to 10%.
  • Small businesses spend, on average, just over 30,000 CAD (about CHF 18,500) per year on marketing, while companies with 20 to 49 employees spend twice as much. Businesses with 50 or more employees typically have marketing budgets of over 100,000 CAD (approximately CHF 61,000). Although these amounts may vary in absolute terms, these figures correspond to those of Swiss SMEs.

Sources: Hiam, A., Heilbrunn B. "Le Marketing pour les Nuls", John Wiley & Sons, Inc, 2021; Banque de développment du Canada (BDC), À la conquête du web, 2019; Marrone, R., Gallic, C., Le grand livre du marketing digital, 2018; Small Business Marketing Kit For Dummies, Barbara Findlay Schenck, John Wiley & Sons, Inc, 2012.



Information

Glossary

Lead: A lead refers to an individual or company that has shown interest in a company’s products or services. This interest can be expressed in different ways, such as filling out an online form, subscribing to a newsletter, downloading a white paper or participating in a webinar.

Prospect: A prospect is generally considered a lead who has been qualified in one way or another, meaning (s)he has shown a more pronounced interest or that (s)he better fits the company’s criteria for becoming a potential customer.

Last modification 23.04.2025

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