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Marketing Mix Modeling MMM (Part 3 of 3)

Tom Spencer

Then, budget allocation is done, by shifting money from low ROI mediums to high ROI mediums, thus maximizing sales while keeping the budget constant. We can construct a regression equation that considers the proportion of investments in different marketing channels and develop an algorithm to maximize revenues. Types of MMM.

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How to Stop Micro-Managing Your Team

Organizational Talent Consulting

Research suggests that mismatched management reduces morale, trust, and productivity and increases employee turnover. Partnering for performance is one way to develop self-reliant achievers and avoid micro-managing your team. It is a high ROI investment into your success and business growth. Zigarmi, D., & & Roberts, T.

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How Vineyard Vines Uses Analytics to Win Over Customers

Harvard Business

It is clear that the current VP of Marketing, Lindsey Worster, is committed to this principle, as she told me: “We are all about getting the right message, about the right product, at the right time to our customer — targeted, relevant, and authentic communication is our primary goal.”

Retail 29
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What Creativity in Marketing Looks Like Today

Harvard Business

Marketers need to master data analytics, customer experience, and product design. Customers today are not just consumers; they are also creators, developing content and ideas — and encountering challenges — right along with you. Each outbound communication is measured individually for immediate ROI.

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Inside the Minds of Your Prospects: 37 Critical Digital Marketing Statistics for Consultants

Tsavo Neal

81% of management consulting firms list attracting & developing new business as their #1 challenge. Tweet this “Attract & develop new business” is a fancy way of turning leads into paying clients. Source: Hinge Research 2017 High Growth Study. An unresponsive website is useless in 2017.

B2B 60
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64 Proven Ways Consultants Can Generate Leads Online (Consulting Lead Generation)

Tsavo Neal

Selling productized consulting. ROI calculator. They also help you develop new relationships through outreach. McKinsey’s most popular article in 2017 was a list post. Examples: What CEOs are reading in 2017 . As a consultant, your product is your advice. Search engine optimization. Case studies.