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- if necessary, marketing may need to be abandoned and product withdrawn if objectives are unmet.
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.