Firstly, corectly identify the problem, the set the right objectives (Business, Marketing and Communications). Once you have defined a comms and channel strategy, clearly identify what data and research is needed to assess your objectives and your strategy. Have these in place BEFORE the campaign goes live. Track the your dashboard until your can see a shift. Evaluate the success of your campaign and show payback and ROMI. There are many ways to track the effectiveness of advertising. Some companies may want to track their advertising effectiveness through a special toll free number leased for the sole purpose of one advertising campaign. One company that does this is Kall8. A campaign that may involve a website can more easily be measured through landing pages and order pages that are specifically made for a campaign. With radio, many a time, calls are tracked via the station and forwarded to the business and from there it may be easier than many companies to test an advertising campaign's success as well.
An effective tactic in measuring the usefulness of the advertising campaign is to measure the pre- and post-sales of the company's product.
Bo Wickstrom has written: 'About methods to measure the effectiveness of advertising'
it is important to calculate costs and measure media effectiveness to best reach audience.
It is necessary to measure the effectiveness of an advertising campaign because it is where you'll find out whether you are reaching your desired target market or not. Advertisements that are not converting to sales are useless because that is it's main purpose. Simply put: if you know your campaign is not getting the result, then you have to modify it.
Effectiveness of advertising can be measured in terms of sales volume of that product advertised.
One of the ways an advertising company maximizes the effectiveness of a website is by adding articles to the website. Strategically placed articles that are interesting will help the effectiveness of the website.
Marcel Marc has written: 'Applying operational research to magazine selection' -- subject(s): Advertising, Magazine Advertising, Operations research 'Attempts at measuring the effectiveness of advertising' -- subject(s): Advertising
Defining Advertising Goals to Measure Advertising Results
much benifit to all
The acronym GRP stands for gross rating point. It is used in advertising as a standard of measure to measure the impact of advertising.
The job of an Advertising Operations Manager involves overseeing the effectiveness or efficiency of the systems of advertising operations of a company. He/she is responsible for ensuring that the advertising department is running well based on set goals, budget and company standards.
Robert H. Ranson has written: 'Advertising is a waste of money' -- subject(s): Advertising, Cost effectiveness, Management, Marketing