Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance

Detalhes bibliográficos
Autor(a) principal: Castilho, Rodrigo Vieira
Data de Publicação: 2019
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/18811
Resumo: The main purpose of this case study is to analyse the impact of good marketing performance practices on firm’s results, by using financial metrics. With digital improvement, it has become easier to measure marketing efforts. Hence, this project is focused on Forall Phones’ digital marketing performance measurement process, on how performance indicators are chosen, communicated and used to lead to strategic decisions, and if this department is creating value for the company. The measurement process used is one of the firm’s competitive advantages, with a constant monitoring of the trade-off between costs and benefits, in order to provide a clear vision of what is most profitable for the department. There is a clear focus on what is highly quantifiable and measurable and the establishment of objectives and target audiences, and their constant monitoring, allowing a more effective way of channelling efforts in this direction. Despite the high investment in marketing and, since the professionalization of the department, the considerable increase of the results at the level of sales and revenue, there is not enough data to clearly highlight it from the rest. One possible justification is that the department does not make a forecast of ROI with its respective monitoring, which would allow knowing all the profitability of the marketing, as well as perceive gaps and its causes, which would provide a more effective budget management, through a better resources’ allocation.
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spelling Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performanceDigital marketingMarketing metricsMarketing performance measurementROI marketingMarketing digitalPerformanceMediçãoEmpresaEstratégia empresarialAnálise técnicaTrabalho de projetoThe main purpose of this case study is to analyse the impact of good marketing performance practices on firm’s results, by using financial metrics. With digital improvement, it has become easier to measure marketing efforts. Hence, this project is focused on Forall Phones’ digital marketing performance measurement process, on how performance indicators are chosen, communicated and used to lead to strategic decisions, and if this department is creating value for the company. The measurement process used is one of the firm’s competitive advantages, with a constant monitoring of the trade-off between costs and benefits, in order to provide a clear vision of what is most profitable for the department. There is a clear focus on what is highly quantifiable and measurable and the establishment of objectives and target audiences, and their constant monitoring, allowing a more effective way of channelling efforts in this direction. Despite the high investment in marketing and, since the professionalization of the department, the considerable increase of the results at the level of sales and revenue, there is not enough data to clearly highlight it from the rest. One possible justification is that the department does not make a forecast of ROI with its respective monitoring, which would allow knowing all the profitability of the marketing, as well as perceive gaps and its causes, which would provide a more effective budget management, through a better resources’ allocation.O presente caso de estudo tem como principal propósito analisar o impacto de boas práticas de medição da performance do marketing nos resultados da empresa, usando métricas financeiras. Com o avanço do digital, tornou-se mais fácil medir os esforços de marketing. Assim, este projeto está focado no processo de medição de performance de marketing digital da Forall Phones, na maneira como os indicadores de performance são escolhidos, comunicados e usados para tomar decisões estratégicas, e se o departamento de marketing está ou não a criar valor para a empresa. O processo de medição usado tem sido uma das vantagens competitivas da empresa, havendo uma constante monitorização de custos relativamente aos benefícios, de modo a proporcionar uma leitura clara do que é mais rentável para o departamento. Existe um foco claro nas métricas altamente quantificáveis e mensuráveis e o estabelecimento de objetivos e de públicos-alvo, e sua monitorização, permite um foco mais claro daquilo que se pretende, canalizando os esforços nesse sentido. Apesar do elevado investimento em marketing e de, desde a profissionalização do departamento, os resultados ao nível de vendas e receita terem aumentado consideravelmente, não existem dados suficientes para o destacar, claramente, dos restantes. Uma possível justificação é o facto de o departamento não fazer uma previsão de ROI com uma monitorização do mesmo, o que permitiria saber toda a rentabilidade do marketing, bem como perceber desvios e causas dos mesmos, proporcionando uma gestão do budget mais eficaz, através de uma melhor alocação de recursos.2019-10-15T14:26:44Z2019-07-18T00:00:00Z2019-07-182019-06info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/18811TID:202264807engCastilho, Rodrigo Vieirainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:33:35Zoai:repositorio.iscte-iul.pt:10071/18811Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:15:08.566666Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
title Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
spellingShingle Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
Castilho, Rodrigo Vieira
Digital marketing
Marketing metrics
Marketing performance measurement
ROI marketing
Marketing digital
Performance
Medição
Empresa
Estratégia empresarial
Análise técnica
Trabalho de projeto
title_short Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
title_full Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
title_fullStr Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
title_full_unstemmed Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
title_sort Digital marketing performance measurement: how good marketing performance measurement practices can increase firm's performance
author Castilho, Rodrigo Vieira
author_facet Castilho, Rodrigo Vieira
author_role author
dc.contributor.author.fl_str_mv Castilho, Rodrigo Vieira
dc.subject.por.fl_str_mv Digital marketing
Marketing metrics
Marketing performance measurement
ROI marketing
Marketing digital
Performance
Medição
Empresa
Estratégia empresarial
Análise técnica
Trabalho de projeto
topic Digital marketing
Marketing metrics
Marketing performance measurement
ROI marketing
Marketing digital
Performance
Medição
Empresa
Estratégia empresarial
Análise técnica
Trabalho de projeto
description The main purpose of this case study is to analyse the impact of good marketing performance practices on firm’s results, by using financial metrics. With digital improvement, it has become easier to measure marketing efforts. Hence, this project is focused on Forall Phones’ digital marketing performance measurement process, on how performance indicators are chosen, communicated and used to lead to strategic decisions, and if this department is creating value for the company. The measurement process used is one of the firm’s competitive advantages, with a constant monitoring of the trade-off between costs and benefits, in order to provide a clear vision of what is most profitable for the department. There is a clear focus on what is highly quantifiable and measurable and the establishment of objectives and target audiences, and their constant monitoring, allowing a more effective way of channelling efforts in this direction. Despite the high investment in marketing and, since the professionalization of the department, the considerable increase of the results at the level of sales and revenue, there is not enough data to clearly highlight it from the rest. One possible justification is that the department does not make a forecast of ROI with its respective monitoring, which would allow knowing all the profitability of the marketing, as well as perceive gaps and its causes, which would provide a more effective budget management, through a better resources’ allocation.
publishDate 2019
dc.date.none.fl_str_mv 2019-10-15T14:26:44Z
2019-07-18T00:00:00Z
2019-07-18
2019-06
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instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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