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	<title>The Marketing ROI Blog &#187; Marketing ROI Blog&#8217;s Mission Posts</title>
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		<title>The Marketing ROI Blog&#8217;s Mission Statement &#8211; er, Mission Post</title>
		<link>http://marketingroiblog.com/2009/07/19/the-marketing-roi-blogs-mission-statement-er-mission-post/</link>
		<comments>http://marketingroiblog.com/2009/07/19/the-marketing-roi-blogs-mission-statement-er-mission-post/#comments</comments>
		<pubDate>Sun, 19 Jul 2009 16:44:42 +0000</pubDate>
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				<category><![CDATA[Marketing ROI Blog's Mission Posts]]></category>

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		<description><![CDATA[Marketing and public relations people work hard. Yet we always have to prove our worth in good both good economic times and in bad. It&#8217;s not a bad thing &#8211; measurement helps us know if our initiatives work so if they don&#8217;t, we know how to adjust them on the fly or for next time. [...]]]></description>
			<content:encoded><![CDATA[<p>Marketing and public relations people work hard. Yet we always have to prove our worth in good both good economic times and in bad. It&#8217;s not a bad thing &#8211; measurement helps us know if our initiatives work so if they don&#8217;t, we know how to adjust them on the fly or for next time. But what are effective measurement techniques?</p>
<p>Here&#8217;s a statistic I&#8217;d like to overcome from the <a href="http://www.cemp.ac.uk/communities/interactivemedia/interactivemedia/can-the-effectiveness-of-online-campaigns-be-accurately-measured" target="_blank">Centre for Excellence on Media Practice (CEMP) in the UK:</a></p>
<blockquote><p>In a recent study, it emerged that <strong>68% [of] marketers are unable to establish the <span class="caps">ROI</span> of their campaigns.</strong></p></blockquote>
<p>Blech.</p>
<p>I was inspired to start this blog not only by my experiences and depressing statistic outlined above, but also from some of my measurement heroes:</p>
<ul>
<li> <a href="http://www.doesitsellstuff.com/">Scott Sigler&#8217;s &#8220;Does It Sell Stuff?&#8221; blog</a></li>
<li><a href="http://kdpaine.blogs.com/" target="_blank">KDPaine&#8217;s PR Measurement Blog</a> &#8211; the woman who showed me there was hope for PR measurement</li>
<li><a href="http://www.kaushik.net/avinash/" target="_blank">Occam&#8217;s Razor by Avinash Kaushik, the Analytics Ninja </a>(anytime you can couple martial arts with math, I&#8217;m in. My life goal is to be an ROI expert with mad self-defense skills as well.)</li>
</ul>
<p>On this blog, I specifically want to outline case studies where companies actually calculated an ROI of a marketing campaign, and what tools they used to do that. Also, I want to explore non-monetary ROI measurement techniques like online <a href="http://kdpaine.blogs.com/" target="_blank">relationship measurement</a> for non-cash goals.</p>
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