Importance of Advertising Effectiveness
Importance of Advertising Effectiveness
Reasons why it is important to measure your advertising effectiveness
Advertising in your business is very
important, as it is the way to attract customers to your venue and get your
business found by anyone that is in the area.
If you are not doing any marketing,
then you are missing out on increasing your sales and increasing your revenue.
Advertising is the way to do this.
I went to many sales seminars and
workshops, and the same message is repeated throughout, that a customer needs
to see your brand at least 10 times before they will take action. So this is
why it is important to have multiple advertising and branding for your
business.
Your website, social media sites such as Facebook, Instagram, Twitter,
etc are the digital footprint of your organisation, but they are not always
enough to attract customers to come to your venue.
Knowing how much money you are
spending on each campaign, and what the return is for each of them, will tell
you if you are getting more customers and more sales, or if it is not.
Having a marketing plan and different
types of campaigns is very important, and measuring the effectiveness of your
advertising is critical for your budget and return-on-investment.
When you have the information, then
it is much easier to make decisions on how you want to spend the money on
advertising.
There is currently no way to do this
except manually at the moment.
But Maralytics has changed that. We
have developed the first program to integrate with a POS system that is fully
automated.
Your POS can give you detailed reports on sales, products, activity and customer information, but it can’t do this for advertising, it can only give you numbers on the amount of freebies or total discounts. There is no detail or information on what campaigns are doing or what the return-on-investment is.
Maralytics can do this. It can give
you:
- sales per campaign or per
customer
- the amount of customers per
campaign
- plus indepth analysis with
the many different variations of reports
It is your choice on what kind of
information that you want to get and it’s very easy to use.
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