ROI in Marketing: The Design Thinking Approach to Measure, Prove, and Improve the Value of Marketing - Hardcover

Phillips

Hardcover

ISBN 10: 1260460428 ISBN 13: 9781260460421

Publisher: McGraw Hill, 2020

Synopsis

Get your bottom-line results where you want them by putting your marketing campaigns and initiatives to powerful new use

Marketing is all about understanding and serving your customers’ needs―but how do you know that your events, campaigns, and communication initiatives are working at top effectiveness? And how can you determine whether your marketing investments are reaping real rewards? ROI (Return on Investment) is a performance measure used to evaluate the efficiency of all types of investments, and in this powerful guide, the team at the ROI Institute offer you a proven method for understanding your own marketing benchmarks as never before.

Drawing on real data collected from real cases of real companies in a variety of industries, ROI in Marketing uses a data-driven process to help you measure:

• Input, including types of projects, audience reach, number of customers, costs, and more
• Reactions of target groups to products, services, and messages
• Actions, including how to process and monetize what the target group thinks, believes, and knows
• Business impact of actions taken by the target group and their influence on sales, new accounts, and profits
•  ROI, monetary benefits of marketing programs compared to costs
• Intangibles, such as image, reputation, corporate social responsibility, and more

Packed with actionable, results-driven processes, ROI in Marketing offers a powerful blueprint for transforming how you interact with your customers to get clear bottom-line results.

About this title

About the Author

Jack J. Phillips, PhD., is a world-renowned expert on accountability, measurement, and evaluation who provides consulting services for Fortune 500 companies and major global organizations. He is the author or editor of more than 100 books and conducts workshops and presents at conferences throughout the world.

Frank Q. Fu, Ph.D., is an award-winning associate professor of Marketing at the University of Missouri-St. Louis. He  has published dozens of articles in various prestigious journals, and helps American and Chinese companies improve their marketing performance through consulting and advising efforts.

Patricia Pulliam Phillips, Ph.D., is CEO of ROI Institute, Inc. where she helps organizations implement the ROI Methodology in over 60 countries. She is also the author, coauthor, or editor of over 75 books and dozens of articles on the topic of measurement, evaluation, and ROI.

Hong Yi, CPT, serves as the president of Beijing Sinotrac Consulting Co. Ltd, is a leading performance improvement consultant in China, and a Certified Performance Technologist (CPT). She has published and translated multiple books in the performance improvement area. Over the years, she has served clients including Chinese and multinational companies, such as IBM, Samsung, Johnson & Johnson, Novo Nordisk, Sinopec, China Unicom, China Telecom, and China Merchants Bank, among others.

 

Edition details

• Publisher: McGraw Hill
• Publication date: 2020
• Language: English
• ISBN 10: 1260460428
• ISBN 13: 9781260460421
• Binding: Hardcover
• Edition number: 1
• Number of pages: 352