Improving the return on investment (ROI) for your marketing initiatives requires a comprehensive approach to the measurement of marketing effectiveness and the analysis of financial outcomes. Through interactive presentations and exercises, participants will learn how to use measurements, analytics, and financial discipline to guide the development of more profitable strategies and tactical marketing campaigns.
Recent improvements in marketing analytics and data accessibility make measurements more possible than ever before, yet no “silver bullet” approach exists to make this an easy task. With executives demanding increased accountability, corporate marketing managers must respond to win more of the untapped profit potential that lies just out of reach.
This marketing ROI workshop is delivered by Jim Lenskold, author of the award winning book, “Marketing ROI: The Path to Campaign Customer, and Corporate Profitability” and incorporates the Lenskold Group’s experience working with Fortune 500 and emerging mid-size companies in B2C and B2B environments. This two-day course will take you through the basics as well as more advanced marketing ROI techniques. It is best-suited to marketing managers, analysts, researchers, and executives in medium and large companies that have reasonable access to sales data and resources to dedicate to measurements. Through interactive presentation and exercises, participants will learn
how to use measurements, analytics, and financial discipline to guide the development of more profitable strategies and tactical marketing campaigns.
LEARNING OBJECTIVES
• Bring the discipline of measurement and financial accountability into marketing’s strategic decision process.
• Understand the range of measurement methodologies available to capture the incremental impact of marketing.
• Develop accurate marketing ROI calculations that can be used consistently across all marketing initiatives while meeting the standards of the fi nance group.
• Improve strategic and tactical planning with marketing ROI techniques and tools.
• Understand how new approaches require a cultural transition for marketing
• Develop a road map for putting marketing ROI techniques into practice
ABOUT THE INSTRUCTOR
Jim Lenskold, international speaker, author, and leading authority on marketing ROI. As President of Lenskold Group, he consults with marketing executives from large and emerging
corporations on marketing profi tability management, marketing measurements, advanced marketing ROI techniques, and CMO management tools. Since 2004, Jim has delivered this popular 2-day workshop to over 1,000 marketing professionals in 8 countries.
DAY 1
8:00 – 8:30 AM Registration and Continental Breakfast
8:30 – 10:15 AM Marketing ROI Overview
• The Marketing ROI process
• Framework + Measurements = More Profitable Strategies
• How ROI Tools Guide Marketing Decisions
10:15 – 10:30 AM Break
10:30 – 12:00 PM Building the Financial Model
• The ROI Formula: Accurately Defining Investments and Returns
• ROI Calculations & Financial Parameters
12:00 – 1:00 PM Lunch
1:00 – 2:00 PM Optimizing ROI to Maximize Profits
• ROI Threshold
• Recognizing and Avoiding Common Errors
• Intro to Multi-Level ROI Analysis
2:00 – 2:30 PM Break
2:30 – 5:00 PM Marketing Effectiveness Measurements
• Measurement Techniques
• Measurement Options: How to Benefit from Market Testing and Modeling
• Establishing a Measurement Hierarchy
• Measurement Case Examples
• Advanced Modeling & Analytics
DAY 2
8:00 – 8:30 AM Continental Breakfast
8:30 – 10:00 AM Integrated Strategies Using the Customer Funnel
• Integrating ROI Techniques into Funnel Management
• Mapping Sales Cycles and Buying Cycles
• Using Funnel Metrics to Maximize Profitability
10:00 – 10:15 AM Break
10:15 –11:00 AM Campaign Strategies and Tactical Planning
• Predictive Modeling
• Customizing Your Planning Tools
• Power of Multi-Level ROI Analysis
• Offer Comparisons
• Targeting as a Key Profit Driver
• Assessing Your Channel Mix
11:00 – 12:00 PM Customer Analytics
• Managing and maximizing customer value
• Using Decile Analyses, Clustering & Segmentation
• Case study on customer base analysis
• Case study on customer behavior analysis
12:00 – 1:00 PM Lunch
1:00 – 2:00 PM Looking at Brand Analytics
• Brand Dynamics & ROI
• Balancing Short & Long Term ROI
• Mapping Brand Attributes
2:00 – 2:30 PM Marketing Metrics & Dashboards
• Aligning key metrics to business objectives
• Role of dashboards in performance management
• Dashboard visualization
2:30 – 3:00 PM Break
3:00 – 4:00 PM Implementation Logistics
• People, Processes & Technology
• Managing & Maximizing Success
• Prioritizing Your Action Plan
Event Registration For:
The Coleman Center, 810 Seventh Avenue, 23rd Floor
New York, NY
3/11/2009 - 3/12/2009
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