A & P Advertising

Integrated Communications Solutions

You can’t manage what you can’t measure

A phrase I picked up while at Wunderman – Sounds a little obvious right, however time and time again at the end of a campaign, the question gets asked, ”So how did it go?” Often, lack of preplanning at the start of the campaign means no hard and fast targets are set and key metrics are not identified. It is little wonder then that there is no clear understanding of, what was the most effective channel, the best creative or most compelling offer to delivered the best return on investment.

Here is a key point however, ROI, does not always mean money. ROI should be based on what the objectives where. For example the automotive sector is nearly impossible to achieve a positive of return for the launch of a car. The campaign objects should be measured in awareness tracking, impact on the mother brand, enquiries and press feedback, as well as the all important ‘number of hits to the website’. Measure effectiveness is a complete entity, and although the ultimate goal is increase revenue, a holistic approach should be employed.

The online industry has reams of data available. If is the most instantly response trackable medium, and like Telemarketing activity, has the ability to understand, in real time, the effect of your campaign. However with everything driving to web these days, which channel delivered the volume?

Preplanning is the key, understanding what it is you want to measure to determine success. As a Chinese General once said ”Look at things that are far away closely, those things that are close at hand from a far”, ensuring you’re prepared for the future to effectively understand the outcomes.

Download the attached pdf to read more on best practice to Metrics Marketing.

Advertisements

08/04/2009 - Posted by | Metrics

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: