The Four Pillars of Profit-Driven Marketing
How to Maximize Creativity, Accountability, and ROI
Each year, billions of dollars are spent on marketing endeavors. Unfortunately, the vast majority of the money disappears into thin air, and marketing executives are left wondering if any of it came back in the form of ROI. Why? Because marketers have not been offered a proven system for measuring marketing ROI. But as budgets get tighter, marketing managers are feeling the pressure to come up with quantifiable results for every dollar spent. The ability to determine marketing ROI has long been desirable: now, it is critical.
The Four Pillars of Profit-Driven Marketing offers a practical, proven framework that helps marketers capture the metrics essential to determining ROI and use them to develop an overall marketing strategy based on accurate ROI figures. Inside, two marketing strategy experts at Strategy&, Leslie H. Moeller and Edward C. Landry, reveal their “four pillars” of marketing, which help track ROI at every point in the ever-expanding and increasingly complex world of media platforms. You’ll learn how to:
- Understand, classify, and choose analytics
- Put the analytics to work with the right decision-support systems and tools
- Establish processes that integrate the analytics and tools into operations
- Use organizational alignment to assure companywide acceptance and execution of the system
To help get your marketing ROI initiative off to a strong start, the authors provide a simple six-step process you can follow, which is illustrated with a case study of the Kellogg Company.
By successfully integrating analytic firepower, decision support, processes and people development, you will optimize your marketing dollars, better connect with customers and watch your returns grow dramatically. Finally, the mystery of marketing ROI is solved.
Leslie H. Moeller is Managing Director of North America. view bio >
Edward C. Landry is a Partner who leads Strategy&’s global marketing and sales practice. view bio >
Published by McGraw Hill.