Assess your marketing practices
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1 |
Is there a 'Strategy Document' for each of your brands?
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2 |
Does it answer the question: "Why should I buy your brand?"
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3 |
Does the marketing department take product specs decisions?
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4 |
Does the marketing department take pricing decisions?
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5 |
Do you calculate the ROI of your marketing spends?
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6 |
Do you know the elasticities of the marketing mix elements?
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7 |
Are your ads 30 sec. feature films?
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8 |
Do you use celebrities to promote your brand?
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9 |
Do you advertise on cricket matches or other similar popular sporting events?
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10 |
Do you chase after "eyeballs"?
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11 |
Do you buy TV spots to maximise repetition within a given budget?
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12 |
Do you pre-test your ads?
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13 |
Do you take decisions using focus groups only?
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14 |
Do you regularly track market performance of your brand?
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15 |
Do you use ad recall measures to measure the effectiveness of your ads?
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