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The marketing ROI problem has its roots in marketing culture

Martech

Why is putting a figure on marketing ROI still a problem? While advances in marketing analytics and technology have been made, a significant portion of businesses still report facing difficulties in calculating ROI. In the fall 2023 CMO survey , CMOs report Increased pressure from the CFO to properly report and improve marketing ROI.

ROI 122
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Essential KPIs to measure generative AI’s success in marketing

Martech

I have been writing about KPIs and ROI my entire career, with the topic becoming especially hot and heavy during the dawn of social media. Recent advancements in generative AI and tools like ChatGPT have marketers asking how to prove ROI and measure success. I wish it were that simple when it comes to AI.

Marketing 128
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How to measure content marketing ROI and ROE

Martech

How to measure content marketing ROI and ROE. Instead of limiting success measurement to the broader metrics of ROI, content ROE gives marketers actionable data at a granular level. What’s more, it makes ROI measurement much more difficult. The post How to measure content marketing ROI and ROE appeared first on MarTech.

ROI 143
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How to put marketing data into meaningful context

Martech

We just got an ROI of 15% on our last marketing campaign.” This sounds impressive, but is it? What if previous campaigns over the past two years averaged a 25% ROI? However, if the average ROI on campaigns was 10% during that period, then this latest campaign did well. Then, the result of this campaign is not good.

Marketing 120
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Foursquare introduces Sales Impact attribution features

Martech

Sales Impact lets users compare signals across the entire purchase journey during a campaign — from the impression when a customer first encounters an ad, to when the customer enters a store and makes a purchase. Sales Impact also aims to make it easier for marketers to measure campaign ROI. Across the customer journey. New metrics.

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How AI and ML bridge the attribution disconnect across marketing channels

Martech

To bridge this gap, marketers must embrace AI and machine learning to gain a full picture of how their campaigns drive both clicks and in-store purchases, unlocking a deeper understanding of true ROI. Measuring online impressions without considering offline actions is like watching only a movie’s first half.

Marketing 119
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Measuring marketing’s impact: From metrics to growth

Martech

Marketing ROI. While ROI provides a common language, the perception of value can differ greatly across functions. And creates unforgettable experiences that leave a lasting impression.” The two most hopeful — yet sometimes frustrating — words in business. The challenge doesn’t stop there.

ROI 119