Thursday, November 6, 2008

Implementing Technology with an Eye on ROI

Stamats Integrated Marketing Conference
Eye on the Prize: Implementing Technology with an Eye on ROI


Karlyn Morissette Dartmouth

"Communications makes marketing tactics tangible"

Marketing steps

1. Set goals
  • What's success
  • Make sure they relate to business goals
  • Goals must be measurable
2. Plan communications - consider costs; inside or outsource?
  • Which medium?
  • What is strategy for each?
3. Execute
4. Assess
  • What happened? did you meet your goal?
  • Did that result in a return? (Conversion)
  • How can you improve for the next time.
  • Share your success - make it tangible, give it context, offer recomendations
emarketing is not different from marketing in other media - above 4 steps apply

Use email marketing to -
  • increase applications
  • register online for event
  • online gifts (online OR by phone)
  • start a conversation?

Facebook ads - they're all pay per click. Inexpensive , successful

Blogs are good for -
  • Real stories of student experience
  • Interaction with current students
  • Make announcements, calls to action
  • Insight into your audience
Social Networks are good for -

  • Having fans, friends, followers is valuable
  • Engaging students over the summer (would have been great for that TouchNet rollout, hey)
  • Allow alum a way to interact and share with each other
social roi
what would it cost to disseminate infor
how much did you save in 'sugar off'

Key takeaways
  • Goals first, not technology
  • Measure everything
  • Dollarize your results to calculate roi
  • Ask what you can do better next time

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