13. Implementing/Monitoring the Strategy Flashcards

1
Q

Once a marketing strategy is in place, what must be done ?

A

Once a marketing strategy is in place :

  • Constant reviewing to make sure it’s working.
  • Consider making changes to strategy or objectives.
  • If necessary, marketing may need to be abandoned and product withdrawn if objectives are unmet.
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2
Q

How is the success of a marketing campaign measured ?

A

Measurement of the success of the marketing campaign :

  • Sales figures, profits, hits on website.
  • Positive feedback from individuals or focus group.
  • Eye-tracking to analyze how consumers view websites, store layout, ads.
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