Metrics To Measure Marketing Performance
ent in the development and implementation of strategic marketing plan was presented along with the marketing metrics used to forecast and measure marketing performance.
Practice: Imagine your company (or the business where you’d like to work) has asked you to make recommendations for a strategic marketing plan’s use of metrics to forecast and measure marketing performance.
Throughout this course each unit assignment will be developed as part of your Final Project Marketing Plan.
Metrics to Measure Marketing Performance
Present recommendations for metrics to forecast and measure marketing performance. These will be will be used in your strategic marketing plan.
for Unit #5 Project Milestone Activity #3
Sample:
Let’s Think About Marketing Metrics
Eric Keiles discusses several key marketing metrics including bounce rates, number of visitors per months, sales completed, path tracking and blocking, inbound linking (backlinking), Twitter leads, and conversion rate indicators:
The video shares several insights into the metrics commonly used for current e-commerce firms and their marketing strategies. However, of the metrics discussed in the video, it is likely one strikes you as the most important. Which single metric strikes you as the most important one for an online company?
A. Bounce rates
B. Number of visitors per months
C. Measure of sales completed
D. Measurements of blocking
E. Inbound linking (or backlinks)
F. Measurements involving social media leads
G. Conversion rates
Solution PreviewEden Tea is committed to ensuring that its new product line, the Eden Herbal Tea succeeds in the market. The effective way of achieving this target is through implementing appropriate marketing approaches…