Posts Tagged ‘roi’

Marketing in B.C. – what’s hot and what’s not?

Thursday, March 5th, 2015

What is it that companies in B.C. are missing out on in their marketing? Where are the possibilities for improvement? There is no doubt that identifying the target market is key to successful marketing. In addition, the utilization of data as well as an exceptional customer experience further add to a company’s winning marketing strategy.

An article in Business in Vancouver reveals what companies in BC are missing out on in their marketing. Read more…

 

Reframe Marketing 2013 Fall Tidbits Newsletter

Friday, September 27th, 2013

If you haven’t signed up for our e-newsletter, you are missing out on tips and advice on how to improve your marketing accountability, event details on our exhibiting at Vancity Credit Union and Reframe Marketing’s end of summer promotion!

 

View and subscribe to the newsletter here: http://eepurl.com/F2rxD

First Impressions are Key to Business Success

Monday, May 3rd, 2010

First impressions are lasting impressions, thus effort should always be put into projecting the best possible professional business image. First impressions go well beyond personal contact, it includes the visual appearance of your store or office, signage, marketing materials, product displays and packaging, service delivery and more…

Your marketing will be effective with a professional image and thus provide you with a return on investment (ROI).

How many of you work to continue to improve this on a daily basis for your business? What do you do to keep these types of matters at the top of your staff’s minds? When was the last time you had your customers provide you with feedback on your businesses appearance?

Using Marketing ROI

Friday, September 18th, 2009

Marketing ROI (return on investment) is the latest buzzword in the marketing and advertising community, but the part that bothers me most about it is the fact that it is not being used correctly. Businesses and Marketers are demanding good metrics at all times on their advertising short and long term to see if they are making an effective marketing investment or not.

Fact is, Marketing ROI is[(funds generated – funds invested)/funds invested]  a short-term measurement, not suitable for assessing some marketing efforts such as long-term branding. Marketing ROI is designed to be used for analyzing short-term sales and profit. Branding is a long term investment and if invested correctly, brands can end up having values in billions (e.g. Nike, McD’s), an intangible asset.

To prevent the wrong usage of Marketing ROI, try and use the terms ‘return’, ‘short, and long term return’ accordingly.