article thumbnail

Maximizing impact: Marketing resource allocation in lean times

Martech

Keep in mind that as economic conditions are squeezing your marketing department, they are also squeezing your customers. Removing sacred cows does more than help in optimizing marketing resource allocation and liberating valuable time and money during lean times. Re-evaluate who you’re marketing to and how. In your inbox.

article thumbnail

Organic Vs. Paid Social Media: How to allocate your resources

Oktopost

Establishes Long-Term Brand Awareness – While organic reach takes time, it builds a lasting foundation for brand awareness and credibility within your industry. The ideal allocation of resources between organic and paid efforts hinges mainly on your company’s specific goals and budget.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Listen to the Signals to Enhance Your Strategic Planning

Vision Edge Marketing

Elina Hiltunen, in her influential work “ Weak Signals in Organizational Future Learning ,” emphasizes that signals are often weak and scattered but carry significant importance for long-term planning. It’s scenario analysis, a strategic planning method used to make flexible long-term plans. ” Here’s an example.

Planning 266
article thumbnail

The Entrepreneur Interview Series #20: Lewis Werner, Quill Security Technology

Webbiquity

Advocates are trying to fix the industry by insisting that organizations conduct thorough risk assessments better allocate their resources. That’s because they are static, inflexible snapshots in time that lose relevance as soon as conditions change. And assessing risk is unquestionably valuable.

article thumbnail

How B2B Marketers Are Responding to Tough Market Conditions

Top Rank Marketing

A Challenging Time for B2B Marketers While warnings of an economic downturn haven’t been realized to the fullest degree , it’s clear that external conditions are having an impact on B2B activity, especially in the volatile tech space. Here are some trends that are placing B2B marketers in a uniquely tricky position at the moment.

article thumbnail

What is PDCA? (and Why It Matters for Marketers)

Marketing Insider Group

All versions of the cycle of experimentation and improvement are based on a scientific method that was first introduced in the work of Francis Bacon, which he explained as “hypothesis–experiment–evaluation” or, in simpler terms, “plan–do–check.”. But this kind of neglect puts our projects, our ROI, and our sanity at risk.

Planning 363
article thumbnail

Avoid Being a Statistic: Listen to the Data

Vision Edge Marketing

Customer data allows your company to tailor your products and services to meet the evolving needs of your current and prospective customers, ensuring long-term engagement, advocacy , and loyalty. Regularly analyze your financial data to make informed decisions about resource allocation, pricing strategy, and investment opportunities.