Marketing is still seen by many companies as a cost, rather than an investment, and tops the list of types of expenditure most likely to go in a downturn. Profitable Marketing Communications explains that marketing is about creating positive value for a business or brand through demonstrating cost versus return. The authors propose a new marketing model, which helps business-owners, CEOs, CFOs and marketers apply an investment-led approach where the focus is value, not cost. Profitable Marketing Communications introduces investment disciplines and strategies to marketing practices. It offers insight into how marketers have delivered outstanding marketing ROI for their companies. Finally, it provides a blueprint to maximize the returns from marketing communications. Case studies show how marketing works as part of a wider business strategy and prove that marketing can give customers, staff and shareholders good reason to stay loyal to companies.
"Sinopsis" puede pertenecer a otra edición de este libro.
Antony Young is President, Optimedia US. Antony has worked globally on brands including Sony, Coca-Cola, HSBC, Nokia, Procter & Gamble and Toyota. He launched Zenith in Asia, establishing the region's first group agency media specialist. Under his leadership, Zenith became China's top agency, twice winning Media Agency of the Year and claiming the region's first ever Cannes Media Gold Lion.
Lucy Aitken is a freelance journalist and writer. She was previously a commissioning editor of Campaign and Media & Marketing Europe.
1. A need for a new marketing model
How it used to be...
The declining effectiveness of mass advertising
The changing consumer
Increased pressure on corporate profitability
Growing pains
The impact of interactivity
The implications
What this book sets out to do
2. A change in philosophy
What is Marketing ROI?
Studying the market
Why Marketing ROI is difficult to achieve
How should marketers respond ?
3. Our Marketing ROI stars
Toyota Motor Corporation: driving in top gear
P&G: a soap opera with a happy ending
O2: How a £17.7 billion brand was born
British Airways: dealing with turbulence
Impossible is nothing...
4. Invest, don't spend
The ICE checklist
Decide whether you need to invest in marketing
Marketing - an alternative to acquisition
The ladder of insight
Our eight investor tips to profitable marketing communications
Use these tools...
5. Concentrate on outcomes, not outputs
Output obsessions
Outputs that drive the wrong marketing
What's the difference between an outcome and an output?
Creating a Marketing ROI culture
Setting the right metrics
Useful metrics
Turning metrics into objectives
Targeting the right outcome
How to focus on outcome-led marketing
Reassuringly effective
6. Forget consumers, target customers
The three deadly sins...
Profit (Marketing ROI) comes from loyal customers
Profit (Marketing ROI) = loyal customers
Customer satisfaction = customer retention
Customer equity
Segmenting by customer profitability
Customer retention helps acquisition
Consumer packaged goods
The power of empathy
Bespoke media
Use the technology to guide smart investments
7. Manage your communication investment portfolio
Your marketing communication portfolio
Embracing risk
A different approach
The integration challenge
Growth of alternative channels to advertising
Payback time
Making the right investment decisions
Touchpoints ROI Tracker
A central organizing communication idea
Determining the channel mix broadly based on ROI measures
Leveraging synergies: development
Leveraging synergies: execution
A final thought...
8. Differentiate any way you can
Value versus price
How to differentiate your brand
Avoid commoditization
When not to differentiate...
Editing consumer choice
9. Engagement and experience are the new 30-second ads
The magic of mavens
Invest in inspiration
Experience, not possessions
Starbucks: creating the coffee experience
Nike: Just Doing It
Hewlett-Packard: creating HyPe
Axe: man's best friend
Encouraging consumers to participate
'In the flesh' appearances
Making it personal
What's in a name
Revamping a flagging brand
10. Apply a 'focus investing' approach
The Buffett style of investing
Focus investing applied to marketing
How strategy helps focus investing
Understanding why marketing campaigns fail
New product initiatives
Making the right choices
Identifying the big bets
Making choices about communication
Betting on Buffett
11. Establish a measurement culture
Setting out the problem
Our view...
Set metrics at the start
It's not failure; it's learning
Metrics: moving the needle
Introducing an ROI system
Modelling
Owning econometrics
Marketing dashboards
Market testing
Data, not dinner
12. Leverage your employee capital
Investing in staff... to invest in customers
Marketing that motivates
Employees are customers too...
Our Marketing ROI stars and their employees
13. Is your organization Marketing-ROI fit?
Why ROI is important
Learning from the pitch
Relationship management
The brief
Unification, not integration
How does the ad industry need to change?
Selling advertising
Building value
Equipping agencies to deliver a Marketing ROI agenda
A new breed of agencies
Summary
"Sobre este título" puede pertenecer a otra edición de este libro.
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Paperback. Condición: Very Good. Marketing is still seen by many companies as a cost, rather than an investment, and tops the list of types of expenditure most likely to go in a downturn. Profitable Marketing Communications explains that marketing is about creating positive value for a business or brand through demonstrating cost versus return. The authors propose a new marketing model, which helps business-owners, CEOs, CFOs and marketers apply an investment-led approach where the focus is value, not cost. Profitable Marketing Communications introduces investment disciplines and strategies to marketing practices. It offers insight into how marketers have delivered outstanding marketing ROI for their companies. Finally, it provides a blueprint to maximize the returns from marketing communications. Case studies show how marketing works as part of a wider business strategy and prove that marketing can give customers, staff and shareholders good reason to stay loyal to companies. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Nº de ref. del artículo: GOR004220539
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Hardcover. Condición: As New. Estado de la sobrecubierta: As New. Marketing is still seen by many companies as a cost, rather than an investment, and tops the list of types of expenditure most likely to go in a downturn. "Profitable Marketing Communications" explains that marketing is about creating positive value for a business or brand through demonstrating cost versus return. The authors propose a new marketing model, which helps business-owners, CEOs, CFOs and marketers apply an investment-led approach where the focus is value, not cost. "Profitable Marketing Communications" introduces investment disciplines and strategies to marketing practices. It offers insight into how marketers have delivered outstanding marketing ROI for their companies. Finally, it provides a blueprint to maximize the returns from marketing communications. Case studies show how marketing works as part of a wider business strategy and prove that marketing can give customers, staff and shareholders good reason to stay loyal to companies. Nº de ref. del artículo: 000812
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