Marketing Strategy

The 5 Step Process to Properly Measure ROI from Marketing

One of the biggest frustrations marketers face, especially in B2B companies, is tracking return-on-investment from campaigns all the way through the sales process. Sales blames marketing for the “lack of leads” or “lack of lead quality” and marketers blame sales for not following up with leads in a timely manner or qualifying leads properly.

For most companies, the battle between sales and marketing is never-ending.

The good news is that this battle doesn’t need to exist at all.

The solution to this problem involves the following:

  1. Architect the proper lead attribution model from all marketing channels
  2. Attribute lead data (e.g. lead source, lead type, lead quality, etc.) in the Customer Relationship Management (CRM) system
  3. Optimize your lead distribution process
  4. Setup a live dashboard that runs a comparative analysis between marketing and sales data to associate ROI to each marketing channel
  5. Evaluating the ROI from all marketing channels and make necessary adjustments in marketing and sales

In this episode of Smart Marketing, I’m going to break down these 5 key points further so you can avoid the headache that awaits almost every marketer that doesn’t implement these steps.

About Author

I believe you need to pour all your passion into something that you truly believe in. You become better at it. Branding, digital marketing and technology is to me what a cabinet is to a carpenter. There are many aspects of it that need to be carefully planned, measured, created and combined in order to get the finished product you want. You live for the end result. You treat your work as a craft, and not a job.