Features
Forget ROI, Let's Show
How We're Making Money
by Ephraim Cohen
Throw a stone in a room full of communication
professionals and there's a good chance you'll
hit one that will back up this statement: senior
management loves to see ROI measurements, but
seeing how communication initiatives create sales
trumps all other measurements. From a marketing
communication perspective, simply receiving feedback
from a sales team can help your team answer most
senior-level frustrations. From the perspective
of a sales force, understanding marketing efforts
(and how those efforts actually work) aids in
everyone's ultimate objective: securing sales.
(read
more
)
Measuring Integrated
Marketing Communication from Start to Finish
by Julie Woods
Many companies have taken a limited view of the
impact that marketing communication can have on
overall corporate objectives, reducing their understanding
of the value of marketing communication. One reason
for this resistance is that the value of IMC can
be complex to measure in a world where marketing
usually moves at a dynamic pace and is driven
by a changing competitive landscape and seemingly
unpredictable shifts in customer attitudes. The
potential revenue and customer satisfaction benefits
of implementing an IMC program can be so dramatic
that companies shouldn't ignore the movement any
longer.
(read
more
)
Accountability
and ROI
by Rick Watrall
Once viewed more as art than science, marketers
are increasingly interested in measuring performance.
Like it or not, there is a new wave of accountability
in the world of marketing, and if you're not prepared,
you could get swept under it. Companies are becoming
increasingly concerned with ensuring that all
activities are profitable. As a result, each dollar
invested in marketing is being challenged to demonstrate
bottom line performance. New forms of marketing,
escalating ad costs and tools that purport to
measure marketing effectiveness have all contributed
to the pressure traditional media is facing to
"prove its worth."
(read
more
)
Columns
Communication in the
News:
Recall Election Full of Lessons
by Julie Freeman, ABC, APR
Arnold Schwarzenegger's November 17 inauguration
as governor of California culminated in a historic
recall election that attracted worldwide attention
and fascination. Some watched because of the movie
star candidate; others saw the election as another
opportunity to shake their heads in amazement
at the citizens of California. But for communicators,
the fact that California even held a recall election
once again demonstrates what happens when leaders
do not see communication as an essential part
of their job.
(read
more
)
Technology Corner:
Measuring Search Engine Marketing ROI
by Chris Sherman
Spending on search engine marketing (SEM) is
rising dramatically, yet surprisingly few companies
are measuring the effectiveness of their campaigns.
In a short survey conducted by web analytics vendor
NetIQ, more than 800 participants responded to
questions about their search engine marketing
efforts and their attempts to measure success.
The survey responses provide interesting insights
into the state of search engine marketing ROI.
(read
more...)
Book Review:
"Balanced Scorecard Step-by-Step:
Maximizing Performance and Maintaining Results"
Book review by: Angela Sinickas, ABC
Paul Niven's book is invaluable for communicators
whose companies are implementing a Balanced Scorecard,
and it can also provide a great deal of useful
information on setting measurable goals for a
staff function like communication to ensure it
aligns with a company's strategy. The book provides
easy-to-understand summaries of how various business
processes work for communicators who want to better
understand their businesses.
(read
more...)
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