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White Papers on Marketing Management
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Are Your Marketing Activities Worthwhile?
CMOs, marketing directors and marketing departments are under increasing pressure to justify their marketing activities.
In an attempt to do so, they have turned to the "proven" technique of ROI. However, we are concerned that the actual ROI
approach taken to justify activities may in fact make things worse. Rather than adopting piecemeal approaches from finance
that might justify activities, we believe that marketers need to find a more use set of measurement disciplines. This paper
looks at issues with using activity-based ROI and suggests a better approach.
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Closed-Loop Marketing/Sales Systems
Pressure is increasing in most companies to align marketing and sales activities. At least those marketing activities
focused on the support of near-term sales. Gaining alignment between these two organizations and their often disconnected
activities can be a challenge. However, increased competitive pressure requires a solution. This paper looks at the expanding
role of "operations management" in marketing and sales as a potential solution to this issue.
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Does Your Company Need More Marketing, Or Just Better Marketing?
Improved marketing can solve many sales problems. Marketing presents a special problem for any company that has not
yet developed a professionally staffed marketing department. This paper looks at the various marketing functions. It
describes some successful approaches to determining when to add resources.
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The Effective Management of the Marketing/Sales Process
The effective management of marketing/sales is and has been elusive to most companies. Getting your arms around all of the issues necessary to understand what is going on in marketing/sales and how to improve performance is a continual challenge. It can be like trying to nail Jell-O to the wall. That doesn't mitigate the need to manage the process; it just makes for a lot of excuses as to why it's not done well.
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How To Maximize Your Marketing/Sales Investments
You are usually looking to increase sales. That's why you make investments in marketing and sales activities. So how can you optimize your marketing and sales investments in any economy? How can you improve the probability that your investments move from "gamble" to payback? This paper looks at a proven method to help you do just that.
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Marketing ROI
Marketing ROI is a topic of increasing interest. And it's about time. However, there are some things you have to get straight before you can have a useful discussion on the topic. This paper looks at Marketing ROI from a management perspective, and provides insights into this important metric.
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Whose Forecast Is It Anyway?
Forecasting is a difficult subject to master. Over 20 years ago The Conference Board published some sage advice on forecasting, which included: "Forecast how much or when, but never both," "He who lives by the crystal ball learns to eat ground glass, " and "We're good at forecasting the past, it's the future that's hard." Sales forecasting is problematic in most companies. This paper considers a solution to improve the process.
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