|
|
Number
95: April 6, 2005
If you think your friends and colleagues would enjoy this newsletter
feel free to forward it to them. If someone
sent this to you,
today. Outlook 2003 and AOL 9 users, please add us to your trusted or buddy lists, so you won't miss an issue.
This week in Katydid:
Measure
Twice Cut Once
This old saw from carpentry applies especially to marketing. In our
work, we cut programs; and we cut them to save money. Marketing is
expensive work and the more we can measure, the faster we can cut
ineffective efforts. And we know what to do with the money left over.
Still, I'm taken aback by the results of a study by the CMO
Council that said that only
17 percent of technology companies use technology to measure their
campaigns' effectiveness. I would have hoped with the resources and
talent available to them that these companies would be at the forefront
of measurement.
Perhaps it has something to do with the fact that technical people
know something about how difficult it is to get a true measurement of
marketing. If you take a scientific approach, you may find yourself soon
flustered by the inability to establish true controls and capture all
the data. Yet, some incomplete information is better than no
information.
For example, if you have a campaign that drives people to a web page,
you may not be able to say with certainty that everyone who visited that
page came because of that campaign. However, you can still compare that
activity against the typical activity of that page.
Additionally, some companies may not be able to afford a technical
solution for tracking campaigns. Yet, most web sites have the tracking
software in place already that you can use to measure
your campaign. You can usually get the reports you need for the
price of a large espresso, or tickets to the trekker
convention.
Linking campaigns to web sites is not only an easy way to track them;
it's also become a part of the sales flow. People use the Web to educate
themselves before a purchase. Even if your web site's call to action is
an e-mail or a phone call, you can easily track these spikes in
activity. You may not be able to attribute all the calls and e-mails to
your campaign, but if you time your programs not overlap too much,
you'll get a good idea which ones are most effective.
Besides, do you really think that many people find your company by
just stumbling across it? Some avoid measuring because they believe a
large number of people find their company through search engines. While
I believe search engine positioning has a valid place in the marketer's
toolbox, the volume of traffic for most B2B companies is negligible.
Measurement for marketing is inherently noisy. It's difficult to
control for. But if you've lost campaigns in the background noise, that
at least is your first indication that you need to try something else.
Because when you do it well, you'll get a clear and unmistakable spike,
for which most will gladly give you full credit.
Top »
Thanks for Reading
This e-mail newsletter spreads mainly by word of
mouth. Please send it on to your colleagues. Also, you can
read other back issues.
If you have suggestions of web sites to review, writing that buzzes,
or a new way of looking at things, let me know. Send your suggestions to
.
If you received this newsletter from a friend, please
today. Our subscriber lists are confidential; we never sell or rent our
lists to third parties. If you want to
from this newsletter,
please let us know.
Kind regards,
Kevin Troy Darling
Top »
|
|
|
Subscribe Today
The Weekly Katydid is a refreshing blend of tips, current events, and
other ideas to shift your perspective.
now.
Evaluate Your Site
We'll compile a three-page report filled
with action items you can put to use today — with or without us. Call (480) 215-6462 now or send
Learn
more »
Reach
Out to Customers
Let us develop a custom e-newsletter solution for you. For a
consultation,
today.
|
|