13 Vital Metrics for Setting Marketing Budget
May 18, 2011Marketing Experts: How Would You Describe Your Customers?
June 2, 20111. Setting Goals and Measuring Advertising Effectiveness
Before you dive deeper into ad creation and all that fun part of your marketing, always make sure you set goals for the individual campaigns first, so that you can measure the effect of any activity and see how it worked. In future, you will then be able to make a qualified decision whether to repeat it or not.
2. Aiming at the Right Target Market
For advertising to be effective it needs to be directly targeted at people who will respond to the advert with an action that will eventually lead to a sale. Do not listen to sellers of ad space who argue that if you take an advert out on the radio there is a good chance your buyers might hear it. We can guarantee that 99.9% of people hearing your ads will not be interested.
Therefore, be very keen at planning your marketing forward and to deciding yourself where you will be investing your advertising budget – remember your watering holes?
3. Powerful Content
Another thing to always remember is that “Content is King” which means the content of all your marketing collateral must provide solutions to customers’ problems and/or respond strongly to their desires.
So how can you make sure that when customers get to any of your marketing materials, they will find what they are looking for?
- Speak the language of customers
- Impress them with messages they relate to
- Use a clear “Call to Action” – tell them what to do next – clearly!
- Use testimonials from real customers wherever you can