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How can we evaluate the effectiveness of marketing initiatives undertaken by the marketing manager?

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/12/05
Ahmad Talaat
by Ahmad Talaat , Sales Supervisor , ( Esmaiel Bahman Company ( Moulinex

Customers feedback, ask the customers where they learned about, phone call tracking, CRM sales tracking, competitors response, Surveys online & in person   

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

One way of evaluating the effectiveness of marketing initiatives undertaken by the marketing manager is to study the sales growth within a particular time frame. 

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

The numbers of the company speaks so loud.

All the calls to the customer service operator are recorded for better serving the customers and for training purposes.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

We can evaluate it on the basis of:

a.External factors: like the economic and social environment, the competitors, the government policies (whether compatible to all of these or not)

b.Cost benefits: whether the organisation is obtaining maximum profits at the minimum cost or not.

c.Feedback : whether the feedback systems of the company are reliable enough or not. Eg. If a particular email generated response from a large number of customers it is a sign of a sound feedback system.

d.Long term oriented: the marketing initiatives undertaken by the marketing manager should be long term oriented and should not cater to the organisation and its customers just for the short run. This is essential for the continuity and survival of the organisation’s business.

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