Marketing intiatives – testing and tracking
Thursday, May 21st, 2009Like most things, marketing isn’t an exact science. Research and strategy are certainly required to develop a strong marketing campaign. Furthermore, testing and measuring specific tactics is the way to go.
Continual testing of new tactics or variations of existing marketing strategies is important for any business. It allows the business to remain fresh and current and achieve its marketing and communications objectives.
It is also important to track the effectiveness of these marketing efforts. This will continually reshape your future marketing activities into those that will be most successful for your business.
This can be achieved by tracking the incremental costs and revenue from the promotions, in order to calculate the return on investment (ROI). Knowing the ROI of a marketing activity makes it easy to evaluate each promotion’s success to determine whether to drop, tweak, continue or expand it.
Want to know more on refreshing or expanding your existing marketing activities in order to attract new and better business? Give Merilyn or Cal a call on (03) 9819 2566.

