Marketing Performance Management is the most important undertaking for marketers today, but the reality is that organizations still have a lot of work to to do before reaching peak performance. Often, it can be a challenge just identifying which areas need improvement, let alone reaching the elusive state of “marketing nirvana.” This is why Allocadia has developed The Essential Framework for Optimizing Marketing Performance, a comprehensive report that gives marketers a clear path and guidelines for improving their team’s capabilities and results.
The Essential Framework for Optimizing Marketing Performance helps marketers understand Marketing Performance and how it can be used to create a stellar marketing department. Within the document you will find key components to help identify the big breakthroughs that lead to improved achievements. Our study also sheds light on the biggest challenges in reaching optimized Marketing Performance.
Most importantly, by putting together this report, Allocadia has defined what the marketing industry is trying to achieve at a macro level.
Our study was led by an award winning IDC analyst who interviewed more than 15 marketers over a five-week period. Additionally, to pull it all together we discussed and debated Marketing Performance with industry analysts and leveraged Allocadia’s 6+ years of experience working with leading enterprise marketing organizations.
When reviewing the responses, three main themes surfaced again and again:
- Marketing Performance has two main drivers: Marketing Execution and Marketing Performance Management.
- There is no “opting in” when it comes to Marketing Performance; the marketing organization is always responsible here.
- It is up to the CMO and their executives to define what success looks like and to create a plan on how to get there—without that, the marketing organization will falter.
The other apparent truth we uncovered was that the best marketers in the world are facing the Marketing Performance challenge head on. They may not be making all the correct decisions, but they are moving in the right direction by taking the actions needed to create high-performing departments.
We decided to make the web version of this report available to everyone so that you and your team can benefit from the findings without submitting your name or email. Read through it to learn the following:
- An exact definition of Marketing Performance.
- The 5 maturity stages and which one your department lands in.
- Specific guidance on how to progress towards optimized Marketing Performance.