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How to measure effectiveness of your marketing campaign
You know you should measure the effectiveness of your marketing campaign. But how do you do that? Consider asking yourself the following questions for measuring the effectiveness of your campaign:
Do you have an actual written plan? Your marketing campaign should be written out so everyone it applies to can see it. It should include objectives that are, if necessary, divided up into smaller tasks. In addition, there should also be concrete deadlines. The key players in your marketing campaign should all know what their specific tasks and deadlines are as well. It's crucial to make sure you are marketing to the correct people. For example, if you have a tutoring service, you would target your marketing campaign to students who are in need of extra help. As a result, it would make more sense to advertise in schools or libraries instead of sending out mass mailers. When you have a niche, you are better able to focus your marketing goals and objectives. If you don't know about your customers, or you're not sure how they heard about you, consider rethinking your marketing campaigns. Create questionnaires, mail postcards, and have them fill out comment cards, then act on their answers. You should also have an updated mailing list. You can organize this and keep track of it in Excel and include pertinent information as well as other things, like how they would like to be contacted and how often. Your marketing materials will have better success when they look professional. Make sure your marketing materials are readable and free of errors. Customers' names and company names should be spelled correctly. Evaluating the effectiveness of your marketing campaign can be done in a number of ways. You can have customers fill out questionnaires, send postcards, and so forth. Make sure you know how your customers learned about you. In addition, you should be tracking your success through sales numbers as well. If your profits have increased after a particular campaign or task, you can assume your marketing campaign was successful. If you are not seeing results from a particular campaign or task, readjust your efforts. For example, if you paid $1,000 to enter a trade show only to have no one visit your booth, you should rethink whether or not you would like to participate next year. In addition, if you are mailing out ads and not hearing any responses, stop sending them out and try something else. Keeping track of and measuring the success of your marketing campaigns is crucial. By keeping detailed records, meeting to discuss your campaign, and doing away with campaigns that are ineffective or don't yield a large enough return on investment, you can measure the success of your marketing campaign. |
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