Strategic Marketing EBMA 3715 Unit 15 (Chapter 15)

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Marketing MetricsUNIT 15

What are Marketing Metrics?

Quantitative measures used for assessing, controlling or decision making in all activities of a business venture

Measure of marketing performance: success and effectiveness

Profitability = Money IN vs. Money OUT {ROI}

Why measure marketing? Determine how successful their marketing activities

have been, based on: Cost-effectiveness Relative effectiveness

In a recent global study of over In a recent global study of over 1,200 large companies:1,200 large companies:

80% of CEOs did not really trust their marketers, while in comparison

90% of them trusted and valued the opinion and work of their CFOs and CIOs

CEOs think that marketers are too disconnected from the financial

reality of a company and too often lose sight of their real jobs, which

is to create continual customer demand for their product or service in a quantifiable and business-measurable way!

Benefits of Metrics (pg. 567)

MARKETING METRICS GIVE MARKETING METRICS GIVE US THE BEST INFORMATION US THE BEST INFORMATION

ABOUT…ABOUT…

No standard set of marketing

metrics – Organizations develop and

adapt Marketing Metrics to their

needs.

Based on target marketing and marketing plan

GLACEAU

7000653307 10586- 1 - 2GLACEAU VITAMIN WATER INSTORE SAMPLING JAN - MAR 20157000667347 10644- 1 - 1GLACEAU VITAMIN WATER BOOSTER INSTORE SAMPLING FEB - JUNE 2015

As at 31 march 2015

instore elements and mechanics

table layout

All 6 varieties will be on the table to taste

1 x promoter in-store

table top

mood wheel

R4 and R20 off coupons

old clothing

new clothing

as of march

bottle carriers

shift shift sales sales reachreach samples samples dashboard dashboard jan – may jan – may 20152015

target : 133 176 unitsactual : 47 101units to date

95% of 95% of shoppers shoppers sampled sampled boughtbought

35ml samples 70 239

56 033shoppers reached

shifts1 921

749

39% completed to date

makro68 280

28 497

42% achieved to date

1L 3.3 L

Sampling / SalesRatio

group stores total shiftstarget per shift

target sales in units

target sales in pcs

target sales in uc

target consumers

makro 19 569 120 68 280 2 845 6 002.95 56 900

pnp 28 419 48 20 112 838 1 768.18 41 900

shoprite 26 424 48 20 352 848 1 789.28 42 400

spar 32 509 48 24 432 1018 2 147.98 50 900

grand total 105 1 921 133 176 5 549 11 708.39 192 100

campaign targetsmar – may 2015

campaign targets by bottler

mar – may 2015

bottler storestotal shifts

target sales in units

target sales in pcs

target sales in uc

target consumers

abi, midrand 25 534 44 856 1 869 3 943.59 53400abi, phoenix 19 346 21000 875 1 846.25 34600abi, pietermaritzburg 2 47 4 416 184 388.24 4700ccf, bloemfontein 8 152 9 456 394 831.34 15200ccf, east london 4 24 1152 48 101.28 2400ccf, nelspruit 2 47 4 416 184 388.24 4700ccf, polokwane 2 47 4 416 184 388.24 4700ccf, port elizabeth 9 166 10 128 422 890.42 16 600penbev, w cape 25 426 27 000 1 125 2 373.75 42 600shanduka, middelburg 7 102 4 896 204 430.44 10 200shanduka, nigel 2 30 1 440 60 126.6 3000grand total 105 1 921 133 176 5 549 1 1708.4 192 100

sales by flavour

6 739units

7 085units

10 295units

8 114 units

8 380 units

6 375 units

= R14.99= R14.99= R14.99= R14.45

sales by chain

Makro: accounts for 29% of the shifts and makes up 59% of the sales

Retail Selling Price

Pnp: accounts for 21% of the shifts and makes up 14% of the sales

Shoprite: accounts for 23% of the shifts and makes up 12% of the sales

Spar : accounts for 27% of the shifts and makes up 15% of the sales

campaign shift tracker week 1 - 9

shifts1 921

749

39% completed to date

makro sales tracker – week 1 - 9makro68 280

28 497

42% achieved to date

Giveaways resulted in

actual sales increasing far

above the target

Giveaways resulted in actual sales increasing far above the

target

reach tracker – week 1 - 9

70 239 shoppers reached

reached : sampled : salesreached : sampled : sales

stock report (23-29 mar)

39 shifts out of 117 shifts had no stock of 1 or more varieties

COLOUR MEANINGNo Stock; No sales.Sold OutNo Stock at Start of Shift; stock replenishedNo Stock reported at Start of Shift;stock replenished; Sold Out.

The following colours are used in this Shift Report

SI: Stock IncidentPL: Potential LossPCS: Physical Cases

potential loss due to no stock 2 Feb – 29 March 2015

236 PCS

Total PCS : 236 PCSExample:Total varieties out of stock = 103Ave variety sold per shift = 10Potential Loss units (103 X 10) = 1 030Potential Loss PCS (1 030/24) = 43

consumer insights and giveaways 23 jan – 29 mar

R4 x 6 908

coupons handed out

R20X 919 coupons

handed out

comments and feedback A few consumers commented that they

love drinking Vitamin Water after a heavy gym session

Consumers are asking for a nozzle so that they can take vitamin water on hikes

A few consumers are requesting a bigger bottle

Some consumers requested a lite version

Online Metrics

Who's doing it right in South Africa

Fan growth % Interactions Response time

Fan Growth %Top South African brands' local fan ranking

for January 2015

Interactions

Response Time Minute

s