Marketing is a dynamic and volatile
process. We need to do continuous evaluation of our
promotion programs and measure areas of success and areas of poor returns. If our
company is not achieving its goals; it could be caused by a poor plan, poor
implementation or the plan has become outdated. Using costumer feedback and sales figures we can
evaluate if we are being successful with our marketing. Customer
satisfaction is the ultimate indicator of tracking our success at
meeting our goals. Most people are more
willing to give negative feedback than positive. Although the feedback may seem
to indicate that our product is poor, this negative feedback is a good starting
point for improving our product or potential product line expansion. Also evaluating
different market areas on a quarterly basis will be key. If sales are
inconsistent from one market to the next, in depth analysis of the differences in
each market will help us to improve targeted marketing for the less successful markets.
Evaluating efficiency will also be
another important control to ensure our product is produced in a manner that
ensure product availability to all markets we supply.
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