8. HOW CAN MARKETERS ASSESS THEIR RETURN ON INVESTMENT OF MARKETING EXPENDITURES ?
CHAPTER-3, SCANNING THE MARKETING ENVIRONMENT, FORECASTING DEMAND, AND CONDUCTING MARKETING RESEARCH.
KOTLER MARKETING MANAGEMNET
2. THEY ARE LIKE INSTRUMENT
PANELS IN CAR OR PLANE.
IT WILL FOCUS THINKING, IMPROVE INTERNAL COMMUNICATIONS,
3. FOUR COMMON MEASUREMENT MARKETERS
ARE PURSUING :-
1. CUSTOMER METRICS PATHWAY
2. UNIT METRICS PATHWAY
3. CASH-FLOW METRICS PATHWAY
4. BRAND METRICS PATHWAY
4. 1. CUSTOMER METRICS PATHWAY
LOOKS AT HOW PROSPECTS BECOME CUSTOMERS, FROM
AWARENESS TO PREFERENCE TO TRIAL TO REPEAT PURCHASE.
5. 2. UNIT METRICS PATHWAY
REFLECTS THAT MARKETERS KNOW ABOUT SALES OF
PRODUCT/SERVICE UNITS.
6. 3. CASH-FLOW METRICS PATHWAY
FOCUSES ON HOW WELL MARKETING EXPENDITURE ARE ACHIEVING
SHORT-TERM RETURNS.
7. 4. BRAND METRICS PATHWAY
TRACKS DEVELOPMENT OF LONGER-TERM IMPACT OF MARKETING
THROUGH BRAND EQUITY MEASURES THAT ASSESSES BOTH THE
PERCEPTUAL HEALTH OF BRAND FROM CUSTOMERS AS WELL AS
OVERALL FINANCIAL HEALTH OF THE BRAND.
8. These slides were created
by NANDINI GUPTA, AKGEC Ghaziabad,
during a Marketing internship
by Prof. Sameer Mathur, IIM Lucknow