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Reward-Based vs. Discount-Based Promotions: Which Drives Greater ROMI?

Aberdeen

What kind of promotions hook you? Do you know what kind of promotions hook your customers? Have an idea of which promotions lead to greater return on marketing investments (ROMI)? Read: Next-Generation Promotions: Foster Customer Engagement & Maximize Marketing Effectiveness.

ROMI 63
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Bolster your Go-to-Market plans by prioritizing the metrics that matter

Tomorrow People

As you organize and implement your Go-to-Market plan, you must: Find a real market problem that your product or service will solve. Clarify your product’s unique selling proposition. A simple way to calculate ROMI is to compare revenue gains with the marketing investment. Encourage loyalty and advocacy over the long-term.

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Keep an Eye on ROI: Return on Investment in Marketing Mix Modeling

Mass Analytics

Marketing Return on Investment (MROI, ROMI, or just ROI) is used to measure the efficiency of a specific media or marketing activity. We want to model their volume sales (quantity of the product that was sold) as opposed to value sales (their total value in dollars.) Let’s find out! What is ROI?

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Is It Time to Reconsider and Reprioritize Your Marketing Metrics in the Time of Coronavirus?

Tomorrow People

Return on Marketing Investment (ROMI). Net Promoter Score (NPS). Consider producing explainer videos for each of your major products or services at the very least. Conversion Rates by Channel. Email Marketing Performance. Customer Acquisition Cost (CAC). Revenue Growth. Brand Loyalty (repeat visits). SERP Position Zero.

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How to Define & Measure Social Media KPIs – Part VII

Valasys

Social media channels are among the primary marketing channels as they are used by billions of people worldwide for entertainment, socialization & consumption of pieces of information including brands’ news & product launches. Therefore, promotions are also amongst the important social media KPIs for Reddit.

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How to Define Social ROI for B2B marketing

Valasys

Social Media is a versatile platform that not only attracts, engages & converts customers from omnichannel marketing & but also serves the purpose of delighting the customers by serving as a medium for delivering exemplary customer service & for the promotions of after-sales services. Source: HubSpot).

ROI 56
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5 Advantages of Market Basket Analysis in B2B Marketing

Valasys

MBA introspects the products that the customers tend to purchase together. The information is then processed to decide which products can be cross-sold and hence, must be promoted together. The data from Market Basket Analysis can be extracted to establish an interesting association between products from the data point.