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Measurement Category

How Important is a Web Site Audit

Tuesday, July 27th, 2010 - by Becky Sheetz-Runkle

Regular web site audits can be extremely valuable to a successful, ongoing internet marketing strategy. So what exactly is a site audit and how do you know if you need one?

Find out here: http://seo-software-review.toptenreviews.com/how-important-is-a-site-audit-.html.

Posted in Business to Business Marketing, Measurement, Online Marketing, SEO, Technology Marketing, Web site development | No Comments »

Study: Impact of Positive & Negative Product Reviews

Wednesday, July 14th, 2010 - by Becky Sheetz-Runkle

A study from Southern Methodist University, Dallas, Texas reveals some very interesting findings on the importance of product reviews on buyer habits. The findings draw from 165 participants who tested video games. They had no previous knowledge of the game, Plants vs. Zombies. I know, I know, but stay with me… The point here isn’t  really about video games.

The study, called, ”The Influence of Professional Critic Reviews,” divided users into three groups. One was exposed to positive reviews of Plants vs. Zombies, one was exposed to negative reviews, and the third was shown none. Participants then played the game for 20 minutes. Next, they filled out an exit survey, gave the game a review score and chose to either receive a free copy of Plants vs. Zombies or $10.

Positive reviews made a big difference.

Those who read positive reviews were twice as likely to choose the copy of Plants vs. Zombies instead of the cash. And they were 85% more likely to take the game than those not exposed to any reviews.  

Read more about the study ag G4tv.com: http://g4tv.com/thefeed/blog/post/706037/New-Study-Suggests-Video-Game-Reviews-Actually-Important-To-Success.html#ixzz0tf5OS39o

Are you making use of buyer reviews? They clearly influence purchasing decisions, even if you’re not in the business of the undead.

Posted in Brand Consulting, Business to Business Marketing, Industry Trends, Lead Generation, Measurement, Public Relations, Research and studies, Sales and Marketing, Social Media, Technology Marketing | No Comments »

Still not sure of the ROI of email marketing?

Tuesday, April 20th, 2010 - by Becky Sheetz-Runkle

What’s the return on investment of email marketing? It’s easy to get a bit jaded when it comes to email marketing, as we’re cleaning out our inboxes. It seems like on a good day the proportion of solicited messages to unsolicited messages is 1:10. On a good day. . .

But, marketers, don’t allow your assumptions to cloud your judgments. Email marketing has a very real ROI.

According to the Direct Marketing Association, email marketing returned $43.62 for every dollar spent on it in 2009. Yes, the nice people at the DMA might have a dog in the fight. (I really hope people aren’t googling dog fighting and ending up on the TechnologyMarketingBlog.) But who else are you going to trust to measure it?

And while down a bit, they estimate email marketing is expected to return $42.08 for every dollar spent on it this year.

So, if you’re not consistently using email marketing, maybe you should be. And if you’re not getting a healthy ROI, it’s time to evaluate your methods.

Posted in Business to Business Marketing, Direct Mail, Direct marketing, Industry Trends, Lead Generation, Marketing Research, Measurement, Online Marketing, Research and studies, Technology Marketing | No Comments »

Report: Online Ad Revenue Reaches Record High $6.3 Billion in Q4 ’09

Thursday, April 15th, 2010 - by Becky Sheetz-Runkle

The online ad marketing had it’s best quarter ever in Q4 09, according to a report from the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC).

This record $6.3 billion in revenues speaks to the worst of the ad slump behind us, according to PwC’s David Silverman.

Other highlights of the report:

  • Search and display advertising is still the largest overall interactive advertising spend. Search revenues comprise 47% of the total spending.
  • Digital video in particular is strong, with an almost 39% increase from 2008 to 2009.
  • Based on data from PwC from 2005 to 2009 in tv, radio, newspapers, consumers magazines and Internet, the Internet’s share of combined ad revenue more than doubled from 8% to 17%.

Find out more at http://www.iab.net/about_the_iab/recent_press_releases/press_release_archive/press_release/pr-040710

Posted in Advertising, Economy, Industry Trends, Lead Generation, Marketing Research, Measurement, Online Marketing, Recession marketing, Research and studies, Technology Marketing | No Comments »

Social Media Use Doubles for Small Businesses

Wednesday, March 31st, 2010 - by Becky Sheetz-Runkle

Small business use of social media is steeply on the rise in the U.S.  The third wave of the Small Business Success Index™ (SBSI), sponsored by Network Solutions® and the Center for Excellence in Service at the University of Maryland’s Robert H. Smith School of Business, reports that social media is being used by twice as many small businesses since last year.

How does your business measure up?

Read more and see the breakdown at http://growsmartbusiness.com/small-business-success-index-highlights/.

Tags: network solutions, small business, small business success index, small businesses, Social Media
Posted in Business to Business Marketing, Economy, Industry Trends, Lead Generation, Marketing Research, Measurement, Online Marketing, Referral marketing, Research and studies, Sales and Marketing, Search Marketing, Social Media, Technology Marketing | No Comments »

Make Quantification Top Priority for 2010

Friday, January 8th, 2010 - by Becky Sheetz-Runkle

Make marketing measurement a top priority for your company in 2010. This New Year’s resolution should be near the top of many marketers’ to-do lists. Everyone agrees that this has to be done. But rub is in the quantification methodology. Just how do we do it?

 

Over the years, we’ve received many questions about how to implement and improve marketing measurement to demonstrate marketing results. In fact, I just had this discussion with a federal defense contractor yesterday.

 

It begins with a solid plan and setting benchmarks and measuring against them.

 

Here are some resources to help you:

6 Tips for Establishing a Formal Measurement Process (One of our most popular entries!)

 

4 Essential Tips for Building Quantifiable Marketing Programs, from MarketingProfs  

 

8 Ways to Build Quantifiable Programs 

Last, but far from least is our most popular downlaod,Q2 Marketing’s Nine Step Marketing Quantification Process. It will help make your resolution a reality!

 

Happy quantifying! 

Tags: marketing measurement, marketing ROI, measurable marketing, quantifible marketing, return on marketing investment, RMOI
Posted in Business to Business Marketing, Business to Government Marketing, Industry Trends, Measurement, Technology Marketing | No Comments »

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