Marketing Effectiveness: Metrics for Effective Strategic Marketing
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU113895" target="_blank" >RIV/00216305:26510/15:PU113895 - isvavai.cz</a>
Result on the web
<a href="http://inzeko.ktu.lt/index.php/EE/article/view/3826/6766" target="_blank" >http://inzeko.ktu.lt/index.php/EE/article/view/3826/6766</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5755/j01.ee.26.2.3826" target="_blank" >10.5755/j01.ee.26.2.3826</a>
Alternative languages
Result language
angličtina
Original language name
Marketing Effectiveness: Metrics for Effective Strategic Marketing
Original language description
The topic of marketing effectiveness is considered to be a very up-to-date subject in the highly competitive environment. Marketing effectiveness may be characterized as the function of improving the process where marketers go to market with the goal of optimizing their own marketing resources spent to achieve even better results for both of the short- and long-term strategic marketing objectives. Not only the improved visibility into marketing effectiveness has helped companies to better prioritize their efforts, but it also has improved the quality and precision of the marketing resources demanded by the sales force. Finding the appropriate key metrics should contribute to the evaluation of marketing effectiveness. Strategic marketing is included in strategic management, which helps to improve the company’s market share. However, there is an increasing trend of creation effectiveness in companies and it is necessary to check returns of finance and search for efficiency of the funds put into marketing. Performance management can be defined as a system utilizing the information to introduce appropriate changes in the organizational culture, systems and processes to achieve optimal performance agreement targets, and the allocation of resource and information management on possible modifications of business strategy. The scientific objective of the paper is to look for the set of metrics, which is important from the marketing strategic point of view, and includes the specific performance group. Data from primary research was used. The entire primary research focused on the evaluation of enterprises in the area of business and marketing activities (and their performance) in the Czech Republic due a questionnaire survey.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50602 - Public administration
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Engineering Economics
ISSN
1392-2785
e-ISSN
2029-5839
Volume of the periodical
26
Issue of the periodical within the volume
2
Country of publishing house
LT - LITHUANIA
Number of pages
9
Pages from-to
211-219
UT code for WoS article
000357110300012
EID of the result in the Scopus database
2-s2.0-84928665262