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Accountable Marketing for Accountable Marketers

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H E A R S T E L E C T R O N I C S G R O U P ... 66% of execs say true ROI analytics is marketing's greatest need but most are ... – PowerPoint PPT presentation

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Title: Accountable Marketing for Accountable Marketers


1
Accountable Marketing for Accountable Marketers
2
  • Its All About Marketing
  • Its All About Value
  • Its All About Communication
  • Its All About Accountability
  • Its All About You

3
Marketing Defined
  • Marketing is the process of planning and
    executing the conception, pricing, promotion and
    distribution of ideas, goods and services to
    create and maintain relationships that satisfy
    individual and organizational objectives
  • . AMA

4
Marketing Accountability Demands Increase
  • Long-term marketing functions lose out as
    pressure for better ROI and sales lead generation
    grows
  • Kate Maddox, BTB magazine

5
Inflection Point Cultural Shift
Accountability and ROI Measurement
6
Time to Get Real
  • Marketing in many ways has gotten a pass from
    being held accountable
  • Marketing metrics have been soft measures,
    such as brand awareness and brand preference
  • Jim Speros, CMO, Ernst Young

7
The Corner Office
  • CEOs and CFOs of major corporations hold finance
    organizations accountable for driving results,
    yet marketing has not historically been held to
    the same standard
  • Now CEOs and CMOs are driving requests for more
    metrics and more accountability
  • Jim Speros, CMO, Ernst Young

8
Senior Marketing Executives Top Priority
  • Accountability
  • Building Strong Brand Franchise
  • Dev. Integrated Marketing Campaigns
  • 66
  • 48
  • 45

Association of National Advertisers 2005
9
ROI Matters
  • Booz Allen 66 of execs say true ROI analytics
    is marketings greatest need but most are still
    using surrogate metrics (e.g., awareness)
  • CMO Council Study 80 of CMOs are dissatisfied
    with their ability to measure ROI

10
Accountability ROI Real Leads
  • ROI
  • Actionable Leads

11
Marketers Top Frustrations
  • Lack of Senior Management Support
  • Lack of Time and Resources
  • Budget Constraints
  • Inadequate Information
  • 43
  • 29
  • 25
  • 8

Patrick Marketing Group 2004
12
Marketing Program Single Most Important
Measurement
  • 32.9
  • Lead Quality
  • Sales Increases
  • Lead Volume
  • Market Share Gain
  • Brand Awareness
  • Cost per Lead
  • Brand Preference
  • 32.8
  • 11.0
  • 8.2
  • 5.5
  • 4.1
  • 1.4

HEG 75 Senior Marketers 2005
13
Methods Used to Tabulate Metrics
of Methods
  • 17
  • Lead Quality
  • Sales Increases
  • Lead Volume
  • Market Share Gain
  • Brand Awareness /Brand Preference
  • Cost per Lead
  • 12
  • 4
  • 2
  • 2
  • 3

HEG 75 Senior Marketers 2005
14
Value Calculator
  • Media Company
  • Market Intelligence
  • New Platforms
  • Community Development
  • Lead Generation
  • Create Value
  • Do Not Dilute
  • Be Dynamic
  • Knowledge Base
  • Program Flexibility
  • Integrated Packages
  • Network
  • BTB
  • Upstream Down Stream
  • Beyond the Norm
  • Customers - Customers
  • Leads
  • Demand Value
  • Do Not Bucket
  • Expect Change
  • Power of Knowledge
  • Flexibility
  • Broad Net Narrow Net
  • Breath of Awareness

15
Marketing is Serious Business
Sales Marketing
  • Be Bold
  • Have Passion
  • Take a Stance
  • Get an Attitude
  • C- Attention
  • Its Your Brand Its About You

Data
Value Filter
ROI
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