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MARKETING PAYBACK. IS YOUR MARKETING PROFITABLE?


SHAW R., MERRICK D.

wydawnictwo: PEARSON , rok wydania 2005, wydanie I

cena netto: 175.00 Twoja cena  166,25 zł + 5% vat - dodaj do koszyka

"A landmark book, providing marketing practitioners with the tools to professionalize their marketing decision-making." 
Philip Kotler

Do you know if your marketing is profitable?  Which activities deliver the most value? and which simply fail to deliver? These are the questions that Marketing Payback has been built to answer.

Marketing touches every aspect of your business, but marketing costs money and there are many choices to be made about where marketing budgets can be spent. 

Sooner or later, every marketing executive will have to get to grips with demonstrating the contribution of marketing.  From deciding whether a major campaign is worth backing, to the immediate and daily challenge of managing budgets and measuring activities.

If you are drowning in data yet wondering whether your sales promotions are effective, want a more reliable sales forecast or simply want to justify a marketing budget, Marketing Payback will help you to unlock the relationship between customer insight and financial foresight, and use them to your advantage.

These are challenges that every business faces, and questions that every marketer will encounter.  Knowing the answers to these questions will help you and your business to back the right choices, make the right decisions and deliver more profitable marketing performance.

Marketing Payback is every marketer's companion to sounder judgment and sharper decision-making.


Features

  • Marketing value is THE emerging topic in marketing. Over two-thirds of the UK's Marketing Leadership Council membership see marketing accountability as more important than ever before. (FT, 14 October 2003).
  • Top quality endorsements from Philip Kotler, Jack Trout, Jean-Claude Larrache.
  • Marketing value is increasingly finding interest in business schools. Teachers at Business Schools and internal business academics will find clear expositions for teaching, along with discussion questions. This book is based on a successful executive education programme at Cranfield.
  • Principles of evaluating marketing decisions are not to be found anywhere, not even in Kotler.
  • Worked examples of evaluations ease the difficult process of turning principles into action.
  • Case studies from successful companies, checklists and summaries throughout.

Robert Shaw is one of Europe's top experts on business modelling and economics, specialising in the study of marketing's effectiveness and return on investment. He advises the senior executive teams of many large organisations including Manchester United, IBM Global Services, BP, Direct Line, British Telecom, British Airways. He is a prolific author and has published many books, reports and articles on marketing and CRM evaluation. He acted as advisor last year to the Chartered Institute of Marketing on its Guideline on Marketing Effectiveness. The Institute of Chartered Accountants has commissioned a Good Practice Guideline from Professor Shaw.


Table of Contents

Chapter 1 : Introduction: payback begins here

Part A : Is Marketing Profitable?  Answers to Common Questions

 Chapter 2 : Marketing's Mid-Life Crisis helps you assess your own marketing department and assess how much you are risking from poor marketing evaluation.

Chapter 3 : Demonstrating Success shows why existing approaches to evaluating marketing success are inadequate and looks at practical ways of demonstrating marketing payback.

Chapter 4 : The Laws of Marketing  asks 'do you believe in marketing laws?' and shows why it's worth making the effort of reading more academic marketing research to find out what the laws are.

Chapter 5 : Measuring How Marketing Really Works  shows why it's important to understand customer psychology; why the detailed design of market research is too important to leave to the boffins; and what is the ideal basket of measures for evaluating marketing payback.

Chapter 6 : Tracking Trends and Forecasting Futures  shows why forecasting is too important to leave to the boffins; how to choose and brief your own modeller; what methods are available to choose from; how to make forecasting bullet-proof.

Chapter 7 : Avoiding Decision Traps  shows how to assess your own decision-making and avoid repetitive errors and systematic bias.

Part B - Solutions to Common Marketing-Payback Problems

With all the foregoing out of the way, you are ready to dig deeper into a range of specific marketing decisions, exploring the methods and techniques available for better decision-making.

Chapter 8 : Expenditure Allocation  tells you how to allocate money within your marketing budget to maximise its payback; and how to challenge the common errors that accountants often make.

Chapter 9 : Brand Identity Changes  shows how by changing brand identity you can improve business results; and how to decide on the best change to make.

Chapter 10 : Brand Portfolio Planning  explains why marketing has a key role in product launch and range-consolidation decisions; and how to decide when to expand and when to consolidate your portfolio.

Chapter 11 : Valuing Brands and Corporate Reputation  shows why marketing should be more involved with investor relations; and examines the methods available for putting a financial value on brands.

Chapter 12 : Marketing Communications Optimisation  shows new and better ways of choosing the best mix of media and creative executions to maximise payback.

Chapter 13 : Pricing Optimisation  explains why marketing should be more involved with pricing; and what are the best ways of setting price to maximise profit.

Chapter 14 : Sales Promotion Optimisation  tells you why marketing should be involved in controlling sales promotion; and how to determine the best mix of promotional activities.

Chapter 15 : Customer Equity Optimisation  shows a new and better way of managing the customer base, by choosing the right number of customers and spending just enough money on customer acquisition, cross-selling and retention.

Chapter 16 : Squeezing Value from Marketing Information  helps you assess the effectiveness of your marketing information management and how to squeeze more value from information

Part C - Financial Planning and Control 

The final chapters review the financial planning and control of the corporation, and the changes needed to accommodate the need to optimise marketing payback. 

Chapter 17 : The Number Wizard's Toolbox  investigates the tools you use to hammer the numbers - primarily spreadsheets - and explains how to use them in a disciplined way to construct models.

Chapter 18 : Marketing Planning  describes what marketing plans are and how they

Chapter 19 : Better Budgeting   covers the budgeting process and the way it needs to be modified to be a useful marketing control tool

Chapter 20 : Marketing Bookkeeping and Accounting  introduces the methods used to keep track of marketing expenditure and activity in a way that can be analysed meaningfully

Chapter 21 : When Results Go Wrong   looks at variance reporting and reviews its limitations and applications for marketing

Chapter 22 : Twenty Things You'll Do Differently  now that you've read the book

Paperback, 528 pages 

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