MEASUREMENT & FEEDBACK
Measurement of the impact of marketing activity is essential in
assessing its contribution towards meeting business objectives.
Furthermore, competitors’ actions and changes in customer/consumer
attitudes will necessitate adjustments to the marketing plan. Some
measurement systems can be set up internally – sales, profit,
customer recruitment and retention etc. Other measurement may require
further research to measure such things as:
• changes in attitude
• relative and absolute levels of awareness
• predisposition to buy/use service. |