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Subject:
Stats to prove the value of marketing - Return on investment
Category: Business and Money > Advertising and Marketing Asked by: bluedamsel-ga List Price: $30.00 |
Posted:
05 Jun 2005 05:24 PDT
Expires: 31 Jan 2006 19:17 PST Question ID: 529509 |
Hi, we are a marketing communications business in Australia and operate in the financial services industry. We would like some statistics that prove the value of marketing (ROI) - if possible, within the financial services industry. Every business knows marketing of their services is important, but are there any stats available to support this? Also, are there statistics available to show what the current spending on marketing is (as a %)? Once again, if Australian stats are available that would be great, otherwise we'll accept international stats. |
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There is no answer at this time. |
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Subject:
Re: Stats to prove the value of marketing - Return on investment
From: marteny-ga on 05 Jun 2005 05:47 PDT |
Case Study #4: Pool and Spa Equipment Supplier Company Background: Our client is a direct (B2C) marketer specializing in discount pool and spa supplies. The company came to us after a disappointing campaign with another Search Engine Optimization vendor. Intrapromote's SEO Strategy: A careful and comprehensive site evaluation led us to provide some helpful recommendations. Intrapromote optimized the title, meta data, and content of the home page, which now achieves page-1 rankings for its most popular search terms at Google and Yahoo. We regrouped much of the site's dynamic content into search-engine-friendly, static HTML pages. Finally, we undertook a highly targeted pay-per-click (PPC) campaign with Overture, as well as Looksmart and Inktomi trusted feed programs. Results: Although it's only a few months old, the campaign already shows great improvement from the client's previous campaign: Conversions at Overture went from 1.8% to 5.0% in 60 days. May 2003 gross sales are up 30% from sales in May 2002. Constant monitoring of conversion statistics, regular tweaking of titles and descriptions, and the removal of consistent non-performing search terms has led to conversion rates nearly tripling. Conclusion: Intrapromote continually tracks both PPC and Natural SEO traffic to determine converting phrases. Unlike with the previous campaign, the client knows exactly what keywords are performing and where the traffic is coming from. Constant experimentation, analysis, and refinement of keywords, titles, descriptions, and bid positions continues to generate effective PPC Sales. Read another case study, find out more about our services, contact us with questions or request a proposal to learn how Intrapromote can design and execute a Search Engine Marketing strategy with a quantifiable return on investment. Source: http://www.intrapromote.com/case-study-4.html This calculator lets you easily estimate the performance of marketing programs. Use it to find the program with the highest return on investment, the program with the highest revenue potential, the program with the highest gross profit potential, the most cost-effective program to find new customers, Source: http://www.steinermarketing.com/calc_roi.htm |
Subject:
Re: Stats to prove the value of marketing - Return on investment
From: antontodorov-ga on 31 Jan 2006 07:36 PST |
Hi Thank you for an interesting question. Here is some data I found for you. /// 94 per cent of marketing heads within the financial services sector say they are under greater pressure than ever to demonstrate a return on investment (ROI) for marketing initiatives, but the majority do not have the tools to accurately track marketing spending and measure returns, according to new research. --- --- --- The findings come from a survey of 50 marketing directors and managers within the Financial Services Forum by Aprimo, a global leader in Enterprise Marketing Management (EMM). The research reveals that while marketing departments are today being held more accountable, even keeping track of spending is difficult with 88 per cent and 80 per cent of companies forced to rely on spreadsheets and company-wide financial systems respectively. Only 16 per cent of those surveyed possess purpose built financial planning software for marketing. ---- --- ALSO SEE THIS INFO: http://www.mpiweb.org/CMS/mpiweb/mpicontent.aspx?id=1072 March 8, 2004 - Across all marketing disciplines, event marketing ranks second only to direct marketing in perceived return on investment (ROI), according to a survey released today of more than 700 marketing executives across the United States, Europe and Asia Pacific. The findings are part of the second-annual Global Event Trends study, made possible by The George P. Johnson Company and The MPI Foundation. The final report - a compendium of three regional reports conducted in 2003 and comparative data collected in 2001-2002 - documents the evolution of event marketing relative to its changing role, levels of investments and perceived effectiveness compared to other marketing mix elements. Those surveyed include senior marketing executives from vertical industries including: automotive, technology, healthcare, financial services, consumer, manufacturing and associations ... In terms of perceived ROI, executives report that event marketing (23%) is second only to direct marketing (27%), ranking higher than advertising (21%) and sales promotions (20%) on average across all surveyed geographies. European respondents, in particular, perceived higher ROI for one-to-one marketing efforts such as direct marketing and event marketing over mass marketing tactics such as advertising and sales promotions ... I also did the following search for you: "average return on marketing investment" (also average ROMI) and some of the results you may find interesting are provided beneath: http://www.aberdeen.com/access/KPI/Default.asp?offset=120 The average return on marketing investment in retail (as of December 6, 2005) was 19% over the past 12 months. Of those companies rated "best in class" by Aberdeen, the average ROMI was 27%. The same figure applies for all mid-size companies (average ROMI 19%, Best in class - 25%) For manufacturing companies - average ROMI - 19%, best in class - 23% For High Tech companies - average ROMI - 19%, best in class - 29% *** I also came upon the following Australian study on Evaluating Advertising Return on Investment http://www.foreseechange.com/adroi.pdf Then I decided to look for ROMI given at presentations (search: ROMI marketing filetype:ppt ) visit the following power point presentation to learn about actual ROMI (by Accenture) from 2005 *** need more info - just post a comment feedback will be appreciated. Best Regards |
Subject:
Re: Stats to prove the value of marketing - Return on investment
From: bluedamsel-ga on 31 Jan 2006 19:17 PST |
Reply to antontodorov-ga. Thank you for the information provided and your expertise. At this stage we have decided to conclude our research and do not require any further information. |
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