The marketing mix is getting more and more complicated. It was hard enough to track the results of advertising campaigns, tradeshows and direct mail programs. Now you’ve got search engine marketing, banner ads, pay per click advertising, social networking, mobile marketing and a plethora of other tools at your disposal. One thing that hasn’t changed though is the need to track your results, monitor the performance of your campaigns and measure the return on investment.
Marketing dashboards are a great way of measuring the efficiency and effectiveness of your marketing programs. Simply put, a marketing dashboard pulls all the key performance indicators (KPIs) that you are tracking for each marketing initiative and displays this information in a graphical format. It allows you to easily identify those KPIs that are not meeting expectations so that you can move quickly to adjust a poorly performing campaign. Conversely, you can also quickly identify the campaigns that are kicking butt – and put more time, money and effort into expanding the successful programs. In addition to providing both recognition and accountability for the marketing function, it creates a stronger argument for budget dollars and larger campaigns when programs are working successfully. [Read more...]



