13. Implementing/Monitoring the Strategy Flashcards

1
Q

Once a marketing strategy is in place, what must be done (3)?

A
  • constant reviewing to make sure it’s working.
  • consider making changes to strategy or objective.
  • if necessary, marketing may need to be abandoned and product withdrawn if objectives are unmet.
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2
Q

How is the success of a marketing campaign measured (3)?

A
  • could be sales figures, profits, hits on website.
  • positive feedback from individuals or focus group.
  • eye-tracking to analyze how consumers view websites, store layout, ads.
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