It’s the time of year when we write the marketing
contribution to our department’s operating plan. But before we can look forward we have to
look back and ask ourselves and each other a few questions. Such as, ‘how did
we do last year’? What contribution did
marketing make to achieving recruitment targets? Can we train cats to complete
simple admin tasks?
Non-marketers often think there is a direct correlation
between what we put in (investment and initiatives) and what we get out
(students). Marketers wish it were that
simple. How should we dis-aggregate the
contribution of marketing from all of the other activities that contribute to a
person becoming a student? Brand, competitors,
word of mouth, recommendations from others, outreach, face to face recruitment
and press stories - all can have a positive, negative or neutral effect on the work
of ‘marketing’ in achieving that ultimate registration.
But evaluate we must, as we need to predict behaviour – if
we do this, then we should get that…
So, we love data. It
helps us to get a neat and orderly view of a pretty chaotic market place. We need to analyse and evaluate, so we can
aim to understand what is working and what is not.
A Medjool Data |
With all this data we can get a measure of return on
marketing investment – and ultimately aim to answer the problem that is – if we
put this in we will get this out. We can
make more informed decisions and improve the effectiveness of campaigns and
budget, while keeping an eye on what our competitors are doing, of course.
That’s why we love data…
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