18-20: Assess Impact Using Marketing
Metrics
Group activity: Your group has been assigned to
assess the impact of a campaign for a new
perfume.
The goal of the campaign is to increase
awareness of the brand within a chosen target
market by 20% over the campaign.
What measures would you need to take to ensure
that the campaign is remaining on track?
Answer: You could design a tracking study that
measures sales, website visits, and sample
requests generated over the course of the
campaign.
You also might measure awareness levels of the
target market at various stages of the campaign.
18-21: Check Yourself 1. identify their target market, (2) set advertising
objectives, (3) set the advertising budget, (4)
depict their product or service, (5) evaluate
and select the media, (6) create the ad, and (7)
assess the impact of the ad.
2. Informative advertising communicates to
create and build brand awareness, with the
ultimate goal of moving the consumer
through the buying cycle to a purchase. When
a product has gained a certain level of brand
awareness, firms use persuasive advertising to
motivate consumers to take action. Persuasive
advertising generally occurs in the growth
and early maturity stages of the product life
cycle. Reminder advertising is
communication used to remind or prompt
repurchases, especially for products that have
gained market acceptance and are in the
maturity stage of their life cycle.
3. See exhibit 18.3.
4. The effectiveness of an advertising campaign
must be assessed before, during, and after the
campaign has run. Firms can use Pretesting,
Tracking, and Post testing.