13. Implementing/Monitoring the Strategy Flashcards
1
Q
Once a marketing strategy is in place, what must be done ?
A
Once a marketing strategy is in place :
- 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- If necessary, marketing may need to be abandoned and product withdrawn if objectives are unmet.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 ?
A
Measurement of the success of the marketing campaign :
- Sales figures, profits, hits on website.
- Positive feedback from individuals or focus group.
- Eye-tracking to analyze how consumers view websites, store layout, ads.