How to
Measure Your Marketing Programs to Improve Results
By
Chakisse Newton,
President, Cardinal Consulting, LLC
Most
of my marketing strategy clients have one ultimate goal: to increase
sales. Still, sales growth isn't the only important measurement. Here
are four other areas to evaluate to measure your marketing success:
- Lead
Quality. It's tempting to focus on the quantity of leads while
ignoring their quality. But one quality lead could be worth the cost of
your entire marketing program where other campaigns that yield high
numbers may not produce any sales at all.
- Relationship
Building. Did you generate good will or otherwise improve your
relationships with customers and prospects?
- Brand
Building. Were you consistent with your existing brand and did
your efforts strengthen your value proposition in the market place?
- Marketing
Insight. Did you learn anything new about the markets you
serve? Can you create new offerings or jettison old services that don't
suit your market or your brand any longer?
While
you can't always quantify branding, client relationships and market
insights, they always go hand in hand with a good marketing campaign
and ultimately (you guessed it) increase sales.
© 2010 Chakisse
Newton. All Rights Reserved.
|