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Return on Marketing Investment: Measuring and Improving Marketing Effectiveness

This seminar outlines why ROMI is the marketing imperative for B-to-B marketers.

Guy R. Powell and Sami Jajeh
Demand G, LLC

 

Objectives

Why ROMI is the Marketing Imperative for B-to-B Marketers in the 2000s

  • ROMI, your organization and your career
  •  A framework to understanding ROMI
  • The ROMI Continuum and your organization

ROMI: Linking Results to Marketing Activities

  • ROMI and the ROMI hurdle rate
  • Linking marketing activities to revenue, contribution margin & net present value
  • Real-world ROMI: Print advertising
  • Rules for using ROMI

ROMI and Net Present Value (NPV)

  • Using NPV to compare marketing programs
  • Concerns for NPV
  • Discounted cash flow (DCF) - ROMI
  • Customer lifetime value (CLV)
  • Real-world ROMI: Applying DCF-ROMI in Telecom

Win the Budget Battle with a ROMI-based Marketing Plan

  • ROMI and risk
  • Capturing the marketing budget
  • ROMI and risk analysis
  • Building a ROMI-based marketing plan

SFA/CRM Data Analysis

  • Pipeline analysis
  • SFA/CRM data analysis program
  • Lead source marketing analysis
  • Pipeline secrets
  • Discussion: Sales and Marketing Scorecard

Sales and Marketing Scorecard

  • Sources of sales and marketing contention
  • Sales activity analysis
  • Developing a Sales and Marketing Scorecard

Miscellaneous ROMI Topics

  • Can ROMI be less than 1?
  • ROMI and sunk costs
  • ROMI "not for profit"
  • ROMI and marketing overhead

Web Metrics

  • Case study: Web metrics
  • Web click-through channel analysis
  • Case Study: E-mail metrics, seminar program
  • Search Engine Marketing (SEO) metrics and analysis

Getting the Data - Some Practical Examples

  • Random sampling approaches
  • Interim data collection solutions
  • Case Study: Computer manufacturer
  • Discussion - The marketing mix

Marketing Mix Modeling (MMM)

  • Introduction to MMM
  • How MMM works to increase revenue
  • How to use MMM for your company
  • Building MMMs to optimize campaigns
  • MMM and brand portfolio improvement
  • Outsourcing or building MMM internally
  • Case Study

Modeling Customer Behavior to Improve Marketing Results

  • Introduction to Agent-Based Modeling (ABM)
  • Anatomy of an ABM project
  • Case Study

Marketing Support Technologies

  • Enterprise marketing management tools
  • Market modeling tools
  • Marketing program tools
  • The ROI of measuring ROI
  • Discussion: Marketing Technologies

Advanced Marketing Mix Modeling

  • Case Study
  • Advocacy and experiential marketing
  • System dynamics
  • Other MMM

Getting Started with ROMI

  • A seven-step process to incorporating ROMI in your business

Workshop Review

Contact Us

Paula Dorminy or Gary Holler
Phone: 814-863-2782
Fax: 814-863-0413
E-mail: isbm@psu.edu

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