Marketing Factoids

  • Of those people that recently made consumer electronics purchases in a store, 80 percent visited the store's website first. - Nielsen Online survey source ›
  • V users watch more TV than before (127 hrs, 15 min per month) and also spend 9 percent more time using the internet (26 hrs, 26 min per month) than they did last year source ›
  • Unaided ad awareness for podcasts was an impressive 68% on average (compared with industry benchmarks of 21% for streaming video and 10% for television) source ›
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MAY 20

Survey: Marketing efforts likely to survive downturn-driven budget cuts

Marketing Daily, May 20, 2008 — Marketing budgets this year will not be slashed because of the economic downturn, according to a new survey by the CMO Club.

Seventy-one percent of chief marketing officers in the study do not plan on cutting their company's marketing budget, while only 14 percent said they would.

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APR 29

Quantilitative Research: A happy marriage of the old and new

By Erik Long, April 29, 2008 — Driven by Web 2.0-based technologies, marketing science is taking quantum leaps in the development of exciting methodologies that add more capabilities to the traditional analytics toolbox.

The convergence of the “old” qualitative and quantitative approaches with the “new” Web-based platforms is creating a more integrated approach to determining what works best in developing customer insights. This happy marriage hits the trifecta for marketing professionals. It saves time. It saves money. And... continue reading

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NOV 2007

Make a Case for Your Brand

Study Shows Brand Strength Does Have an Impact on Profitability and Risk

Advertising Age, November 26, 2007 — Have you ever needed to make a case for the brand to the CFO?

If you are like most marketing managers, you base your argument on research demonstrating that loyalty and evangelism can accrue from investments to build brand equity. Perhaps you provide your own consumer-based evidence of the power of branding, using psychological concepts such as perceived value, brand preference or brand awareness and recall.

Unfortunately, these are not ideas that persuade a CFO.

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NOV 2007

What's That Hot Web Property Worth? Use the BPBPPPAR Metric

Now You, Too, Can Blindly Guesstimate the Value of Blogs, Social Networks and Floppy-Haired Comedians

Advertising Age, November 5, 2007 — I won't bury the lede: By my reckoning, using my proprietary new-media-valuation formula, I have determined that Andy Samberg is worth $342 million.

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SEP 2007

The CMO Challenge: Exiting the Comfort Zone

Prophet, September 3, 2007 — In this article, Prophet Chairman and CEO Michael Dunn argues that in order to be effective, marketers need to up their game, take on the new media, and be prepared to be adventurous, extending their influence over many of the critical business growth drivers.

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JUL 2007

Virtual marketers have second thoughts about Second Life

Firms find that avatars created by participants in the online society aren't avid shoppers.

Los Angeles Times, July 14, 2007 — SECOND LIFE — a three-dimensional online society where publicity is cheap and the demographic is edgy and certainly computer-savvy — should be a marketer's paradise. But it turns out that plugging products is as problematic in the virtual world as it is anywhere else. At http://www.secondlife.com — where the cost is $6 a month for premium citizenship — shopping, at least for real-world products, isn't a main activity. Four years after Second Life debuted, some marketers are second-guessing the money and time they've put into it.

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JUN 2007

Making the Leap to Marketing Effectiveness

By Andrew Pierce, June 28, 2007 — The good news? CMO tenure actually grew to 26.8 months in 2006, according to the much-cited annual Spencer Stuart study. The bad news? Only one-third have held their positions for three years or longer.

Those who have beat the averages have likely done so by quickly delivering brand success while driving both short- and long-term business growth. Yet as those who have fallen by the wayside would certainly attest – it’s no easy task.

The pressure’s building on marketers to maximize... continue reading

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APR 2007

The Seven Surmountable Hurdles to Marketing Effectiveness

Prophet, April 17, 2007 — One of the most pressing challenges marketers face today is finding the balance between the art and science of marketing to create strategies and programs that meet measurable business objectives. It’s called marketing effectiveness, and achieving it is doable – once some surmountable barriers are overcome.

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