marketing metrics
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Pdf of Introduction to Marketing Metrics presentation by Sue Windley, Marketing Director, Pragmatic Performance Group Ltd.TRANSCRIPT
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Introduction toMarketing Metrics
Presented BySue Windley
Marketing DirectorPragmatic Performance Group Ltdwww.pragmaticperformancegroup.co.uk
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
In any aspect of business
If you don’t / can’t measure it,why do it?
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Define what = SUCCESS is in your business
Measure only those elements that demonstrate success (or failure)
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
3 Key Types of Marketing Metrics
Activity
What is being Done
Milestones
Progress against Targets
Outcomes
Results Achieved
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Marketing Milestone Metrics: GPS for your business strategy
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Marketing Milestone Metrics: Use your Marketing Strategy as the Toolbox
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Marketing Activity Metrics:Speedometer for your business development
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Marketing Outcome Metrics:Stopwatch on your Sales Activities
QUALITY not just QUANTITY:
eg Number of hits on your website
How many = by target prospects?
Why will they buy?
Likelihood to buy?
Likelihood to add value?
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Marketing Metrics
How to set your units of measurement
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Marketing Metrics:Empirical Measurement vs ‘Best Guess’
Outcomes = Historical Snapshotcompared to
Knowing WHY or HOW (causes)
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Behaviour (outcomes of actions)
Marketing Metrics:Key Determinants
versus
Attitudes (intentions/opinions)
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Quantitative (data / statistics)
Marketing Metrics:Key Determinants
versus
Qualitative (categories / feedback)
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Predictive (focus = look to future)
Marketing Metrics:Key Determinants
versus
Reactive (focus = learn from past)
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Incentives (encouraging subjective outcomes)
Marketing Metrics:Key Determinants
versus
Return on Investment (targeting objective results)
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Ability to Adapt (resource availability)
Marketing Metrics:Key Determinants
versus
Auditability (process measurement)
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Relativity (comparison)
Marketing Metrics:Key Determinants
versus
Uniqueness (skewness)
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Marketing Metrics
You can measure it,so go do it!
All clip art & written content in this presentation is the copyright of Pragmatic Performance Group Ltd © 2003 – 2010. All rights reserved
Sue WindleyMarketing Director
Pragmatic Performance Group [email protected]
www.twitter.com/DangerousMktingwww.pragmaticperformancegroup.co.uk
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