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Marketing Performance Management (MPM)

        Improving Commercial Efficiency




                                          © The House of Marketing
– Draft –

          Although RoMI(1) is a top buzzword in YMS(2) 2012,
          it does not appear as a top challenge
          However, other top challenges in the list indicate the need for RoMI




N = 436



 (1): RoMI = Return on Marketing Investment
 (2): Yearly Marketing Survey by The House of Marketing
 Source: Yearly Marketing Survey by The House of Marketing
 Presentation1                                                  2
– Draft –


        Are marketeers scared of RoMI and MPM?




Presentation1                   3
– Draft –


        Marketing Performance Management (MPM) is
        about process, people and technology


How are people contributing to                                     How is MPM embedded in the
performance?                                                       organization?
•Motivation & change                               PROCESS         •Link with strategic business
management                                                         objectives
•Competence                      PEOPLE                            •Process mapping
          development &                                            •Roles & responsibilities
          management


                                             TECHNO-
                                              LOGY




                                  How can technology facilitate?
                                  •Alignment with business objectives
                                  •Set up and/or implement tools to create
                                  insights from data
Presentation1
– Draft –


        Where does it often go wrong?
        Major blocking issues can be linked to process, people and technology




                                                         1 Not                  2 Too isolated
                                                           insightful             Indicators should
                             2                                                    reflect the
                                   PROCESS                 Metrics should be
                                                           well-designed &        business
                PEOPLE                                     attractive to          objectives and be
                                                           deliver their          targeted at a
                                                           message at a           specific audience
                              4
                                                           glance
                                       3
                                                         3 Too outdated         4 Too manual
                         1                                 Indicators should      Collection &
                                                           be updated and         delivery of data &
                                                           evolve through the     insights should be
                             TECHNO-                       time with the          automatic to
                              LOGY                         company                ensure sustainable
                                                                                  and efficient
                                                                                  solution




Presentation1
– Draft –

        We tackle MPM issues in a 4 step process, as well
        on strategic, tactic, as on operational level
     Input       Marketing scope
  Business
                             1                          2               3               4
  objectives     STRATEGIC    Define
  as defined                  marketing
  in the                      strategy set &                                Set up
  corporate or                objectives                                    measure
                                                        Translate                       Imple-
                                                                            ment
  BU strategy                          Set campaign     objectives                      ment,
                                                                            pro-
                              TACTIC



                                       objectives/      into KPI’s                      measure
                                                                            cesses,
                                       marketing        & set                           and
                                                                            roles,
                                       drivers          targets                         learn
                                                                            systems
                                                                            and tools
                                  TIONAL
                                  OPERA-




                                           Set action
                                           objectives




                                                                Learning cycle



Presentation1                                               6
– Draft –


  THoM MPM methodology delivers operational, tactical
  ánd strategical benefits

       Operational and tactical benefits                           Strategical benefits

                                                          • Higher efficiency and effectiveness
                                                            of marketing (impact on cost ánd
                                                            revenues)
  • Dashboard giving a clear view on
                                                          • Higher transparency &visibility of
    tactical and operational
                                                            objectives




                                           …leading to…
    actions/issues
                                                          • Turns your marketing efforts into
  • Continuous learning and                                 tangible and measurable actions
    improvement                                             towards Sales & Management

                                                          • Organizational alignment and focus
  • Doing more with less                                    on the Business Objectives (as
                                                            defined on coporate or BU level)

                                                          • Learning organization that makes
                                                            decisions on hard facts
                                                            supplemented with experiential
                                                            intuition



Presentation1   7
– Draft –


        THoM Marketing Performance Mgmt Expertise


                    Pieter Lievyns
                    Mobile: +32 (0) 495 29 31 14
                    E-Mail: pieter.lievyns@thom.eu




                    The House of Marketing
                           Kardinaal Mercierplein, 2
                              B-2800 Mechelen
                                   Belgium

                         Office   +32 (0)15 444 000
                         Fax      +32 (0)15 444 044
                         www.thehouseofmarketing.be
                             Join us on LinkedIn
                             Follow us on Twitter

Presentation1                           8

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Marketing performance management-The house of marketing

  • 1. Logo client Marketing Performance Management (MPM) Improving Commercial Efficiency © The House of Marketing
  • 2. – Draft – Although RoMI(1) is a top buzzword in YMS(2) 2012, it does not appear as a top challenge However, other top challenges in the list indicate the need for RoMI N = 436 (1): RoMI = Return on Marketing Investment (2): Yearly Marketing Survey by The House of Marketing Source: Yearly Marketing Survey by The House of Marketing Presentation1 2
  • 3. – Draft – Are marketeers scared of RoMI and MPM? Presentation1 3
  • 4. – Draft – Marketing Performance Management (MPM) is about process, people and technology How are people contributing to How is MPM embedded in the performance? organization? •Motivation & change PROCESS •Link with strategic business management objectives •Competence PEOPLE •Process mapping development & •Roles & responsibilities management TECHNO- LOGY How can technology facilitate? •Alignment with business objectives •Set up and/or implement tools to create insights from data Presentation1
  • 5. – Draft – Where does it often go wrong? Major blocking issues can be linked to process, people and technology 1 Not 2 Too isolated insightful Indicators should 2 reflect the PROCESS Metrics should be well-designed & business PEOPLE attractive to objectives and be deliver their targeted at a message at a specific audience 4 glance 3 3 Too outdated 4 Too manual 1 Indicators should Collection & be updated and delivery of data & evolve through the insights should be TECHNO- time with the automatic to LOGY company ensure sustainable and efficient solution Presentation1
  • 6. – Draft – We tackle MPM issues in a 4 step process, as well on strategic, tactic, as on operational level Input Marketing scope Business 1 2 3 4 objectives STRATEGIC Define as defined marketing in the strategy set & Set up corporate or objectives measure Translate Imple- ment BU strategy Set campaign objectives ment, pro- TACTIC objectives/ into KPI’s measure cesses, marketing & set and roles, drivers targets learn systems and tools TIONAL OPERA- Set action objectives Learning cycle Presentation1 6
  • 7. – Draft – THoM MPM methodology delivers operational, tactical ánd strategical benefits Operational and tactical benefits Strategical benefits • Higher efficiency and effectiveness of marketing (impact on cost ánd revenues) • Dashboard giving a clear view on • Higher transparency &visibility of tactical and operational objectives …leading to… actions/issues • Turns your marketing efforts into • Continuous learning and tangible and measurable actions improvement towards Sales & Management • Organizational alignment and focus • Doing more with less on the Business Objectives (as defined on coporate or BU level) • Learning organization that makes decisions on hard facts supplemented with experiential intuition Presentation1 7
  • 8. – Draft – THoM Marketing Performance Mgmt Expertise Pieter Lievyns Mobile: +32 (0) 495 29 31 14 E-Mail: pieter.lievyns@thom.eu The House of Marketing Kardinaal Mercierplein, 2 B-2800 Mechelen Belgium Office +32 (0)15 444 000 Fax +32 (0)15 444 044 www.thehouseofmarketing.be Join us on LinkedIn Follow us on Twitter Presentation1 8

Editor's Notes

  1. ©The House of Marketing